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TASI

2270 : SADAFCO (+50% by December 2022)Macro analysis for Saudi Diary and Food Company, The chart indicates a bull macro trend since 2008 from H&S bottom to the top in 2017 that sent it to the bottom of the trend channel in 2018. Since then the stock has been in a pull pattern. Since recent weeks the chart has been in accumulation pattern around 170-177 SAR. It now broke above and is going for targets at 210 SAR (+23%) with potential even to achieve 50% at the top of trend channel by year end.
TADAWUL:2270Long
by binhajifahd
AL RAJHI BANK: And the show goes on The 15th of February , TADAWUL:1120 has broken above a key level (153.2) with huge bullish momentum , which triggered a sudden spike to around the 170 . After the quick spike ,price pulled back down to the 150.5-155.5 area which is an ideal buy zone with strong demand . Actually price is very likely to go up to the 179-180.5 area ,with the possibility to break above the 179-180.5 area and continue to the 195-200 area . For position management it is recommended to apply Jesse Livermore's method to this trade : Open 2 positions with the same Stop set in the red area .The first position's target is set at the 1st target area .The second position's target is set at the 2nd target area .When the first position reaches the 1st target area and closes , it is recommended to move the stop loss to the entry price for the second position targeting the 2nd target area . Fervently brought to you by Manhattan Stocks. All Requests , Suggestions and Remarks are Welcomed .
TADAWUL:1120Long
by manhattanstocks
Is the Tadawul All Share Index (TASI) overdue for a correction?The Tadawul All Share Index (TASI), which tracks the performance of all stock listed on The Tadawul, has recorded a 30.34% increase since the beginning of 2021. However, the TASI is sitting at a peak level, which appears to be a repetition of the previous boom and bust cycle. The TASI was in a comparable position in late 2014 and late 2007, before wiping out more than half its value over the proceeding months. If past performance is any indicator, the TASI might be overdue a correction. About the Tawadul The Tadawul (TADAWUL) is the only licensed Stock Exchange in Saudi Arabia, the largest Stock Exchange in the Middle East, and the twelfth largest in the world by market capitalisation. According to Statista, The aggregate market cap of the 200 companies listed on The Tadawul is approximately US $2.6 trillion (July of 2021). Contributing to an outsized portion of The Tadawul’s market capitalisation is Saudi Aramco (TADAWUL: 2222), the fourth-largest company in the world (market cap as of Sept 2021, US ~$1.9 trillion). Perhaps unsurprisingly, a vast swath of the listings on The Tadawul are companies concerned with crude oil and chemical products. Saudi Basic Industries (TADAWUL: 2010) is the Exchange’s second-largest listing, with a comparatively modest market capitalisation of US $99 billion. Financial institutions and banking groups help to diversify the offerings of the Stock Exchange. The Exchange’s former largest listings, Al Rajhi Banking & Investment (TADAWUL: 1120) and Saudi National Bank (TADAWUL: 1180 ), are currently the third and fourth largest with market caps between US $70 and US $80 billion.
TADAWUL:TASI
by BlackBull_Markets
Safe trend indicator - By MutebHi my name is Mutab. 42 years old. Interested in following the stock market. Innovative of ( safe trend indicator ). a great indicator for a long-term investment. Keeping up with the rising waves and avoiding the descending waves, to achieve amazing long-term investment goals. ------------------------------------------------------------------- What distinguishes the safe trend indicator? It is one of the safest indicators in dealing with the financial markets. * Direct indicator, no need to wait for the candle to close to confirm the decision. * It keeps up with the ascending waves and avoids the descending waves. * Very effective in investing in the long term. * Amazing long-term results. * High stability while reading the candle, as it does not give an opposite reading except in rare cases. * Few errors compared to successes, which means that the ratio of losses to profits is very small, which enables the investor to achieve high profits in long-term investment. ------------------------------------------------------------------- I am using it now in my trading in the Saudi stock market and it is yielding amazing results in my long term investment (quarterly and half yearly). It gives me great pleasure to share with you my success story, as I publish a weekly report and I record and display the week's trades to prove the feasibility and credibility of the indicator. I wish you success.
COINBASE:BTCUSDLong
by by_muteb
ARAMCOARAMCO is forming an Ascending Triangle started in early Nov. 2020. Priced reversed from the downward trendline and the resistance area at 36.00 bushing ARAMCO to test the bullish support line of the triangle pattern. This declining is confirmed by indicators such as the RSI and OBV, hence breaking below the support line will forced ARAMCO to continue its downtrend. On the other hand, breaking over the bearish trendline then the resistance area at 36.00 will be the beginning of the bull market.
TADAWUL:2222
by MohammedEl-Sherbiny