4220 Emmar 12% profit 4220 Emmar 12% profit with low cost.
The company has a huge projects that are working on and 6.5 is undervalued.
It has a gap to be filled with 12% profit from 6.5 and stop line is under 6.3
TASI
Savola group 2050 - Bullish Signs
Show some strong signs:
1- Break 200 ma
2- Break Daily 200 ma
3- Break VWAP
Price Target
TP1: 48.3
TP2: 50.4
2001 reverse area to create a high trend?Hello everyone,
I would like to share my analysis of this stock, which I have been following since September 2022. The price is currently in a zone that has a high probability of initiating a countertrend and starting an upward movement. I see the downside target at 16.46.
Please note that the current time might not be the best for entry, but I decided to share this analysis for those interested in following this stock. I have included an explanation in Arabic on the chart that explains how to enter the specified area, hoping that the explanation is clear to everyone.
Please be aware that I have not read the financial statements or any news about the company at all, as I do not have the time for it. This is your responsibility.
I welcome any inquiries or discussions about this analysis.
SAUDI ARAMCO to buy confidentlyTADAWUL:2222 gave a high quality signal .
In fact it just closed above a decisive area . And so TADAWUL:2222 has a high probability to continue up towards the 45 level .
Stay tuned for possible updates .
Requests , suggestions and remarks are all welcomed .
4015_Possible Trend reversal (Bullish setup)4015
**Bullish Points:**
Price at significant support level (Volume profile) confluence with 78% fib level
Bullish divergence is observed
Small entry can be taken now (Aggressive)
Further entry can be taken after descending channel breakout, or
at next support level 118.6 (DCA strategy)
**Bearish Points:**
Price is moving in downtrend, series of LH/LL
H&S pattern breakdown and retest of neckline
Current stop loss is specified
Trail stop loss if price goes up
Place SL below 118 (DCA strategy)
TASI: Head and Shoulder Formation (Correction Phase)TASI has been in uptrend since October 2023
Regional situations also not in favor of good upside potential
Head & Shoulder formation is clear with breakdown and retest of neckline
12,000 levels are good support level (H&S Formation target)
Trade with tight stop loss based on individual stocks setup.
Monthly and Weekly still in uptrend (HH, HL formation)
Seasonal: "May" Mostly in Bearish Phase for last decade
4263: Dow Theory (Bullish Setup)Bullish Points
formation of HH, HL
Breakout of trendline resistance and retest
Reversal from fib level (golden pocket)
Entry can be taken now
SL is specified
Trail SL and ride the trend
2120 SAUDI ADVANCED INDUSTRIES CO. to 70SR Supported by financial growth, the current target is 70SR
SAUDI ADVANCED INDUSTRIES CO. (2120) is growing its business and has invested in several startup companies that yielded great profits.
in 2023, made 148MM SAR net profits
in 2022, made 100MM SAR net profits
a growth by 48% in net profits.
In 2023, highest stock price was 50.1 SR
current price is 42.2SR
I can expect the price to recover back to 50.1SR
then jump 48% (50.1 x 1.48 = 74.5 SR)
Brief Review of 4240 Stock on the Saudi Stock Exchange
Investment Details:
- Stock: 4240 (Fawaz Abdul Aziz Al Hukair)
- Quantity: 2000 shares
- Purchase Price: 12.00 SAR
Review:
I recently invested in 4240 stock on the Saudi Stock Exchange, specifically in Fawaz Abdul Aziz Al Hukair. Initially, the investment seemed promising, with the stock priced at 12.00 SAR per share when I purchased 2000 shares.
However, my experience with this investment has been disappointing. Despite the initial optimism, the stock has consistently performed poorly, reaching an all-time low in liquidity. This lack of liquidity has made it difficult to execute trades efficiently and has significantly impacted the overall performance of the investment.
Overall, my experience with 4240 stock has been unsatisfactory, with the low liquidity and poor performance overshadowing any potential gains. I would advise caution to anyone considering investing in this stock until there are signs of improvement in its performance and liquidity on the exchange.
Filing and Packing Materials Mfg Co - FIPCO (2180)Filing and Packing Materials Mfg Co, with ticker 2180, is capturing attention in the Process Industries sector, particularly in Containers/Packaging. The stock, currently priced at 57.8 SAR, is part of a vibrant industry that has seen a surge in demand due to the rise in e-commerce and sustainable packaging solutions.
Financial Snapshot:
EPS Growth QoQ: A remarkable 221% increase, signaling strong earnings momentum.
Sales Growth QoQ: A robust 33%, reflecting the company’s expanding market reach.
OPM: At 7%, the company demonstrates efficient operational management.
Technical Indicators:
RSI: At 64.32, it indicates a balanced market sentiment, neither overbought nor oversold.
MACD: A value of 0.38 suggests a bullish trend, aligning with the positive financials.
CCI: Standing at 235.74, it points to a strong uptrend, reinforcing the bullish outlook.
Market Trend Analysis: The packaging material market is embracing smart technology integration, with RFID tags, sensors, and QR codes enhancing supply chain visibility and customer engagement1. Filing and Packing Materials Mfg Co is well-positioned to capitalize on these trends, with its stock showing a steady increase of 1.28% since the beginning of the year2.
Trading Strategy:
Entry Price: 56.8 SAR
Stop Loss: 54 SAR
Rationale: The company’s impressive financial performance and positive technical indicators suggest a potential for growth. The “BO TRADE” pattern forming indicates a breakout trade opportunity, making it an opportune time for entry.
Conclusion: Filing and Packing Materials Mfg Co stands as a promising investment in the packaging sector. With its strong financials and favorable market trends, the stock offers a potential for profitable trades. Investors should, however, remain vigilant and conduct thorough research, considering the broader market trends and upcoming financial reports before making any investment decisions.
Astra Industrial Group Company - AIG (1212)Astra Industrial Group Company, trading under ticker 1212, is a prominent entity in the Health Technology sector, specifically within the Pharmaceuticals industry. The company’s stock is currently valued at 165.6 SAR, with a market capitalization of 13.25 B SAR, reflecting its substantial market presence.
Financial Highlights:
The company has demonstrated a significant sales increase of 21% QoQ.
An impressive operating profit margin (OPM) of 43% indicates strong operational efficiency.
The free float percentage stands at 43.77%, suggesting a healthy level of liquidity in the market.
Technical Indicators:
The RSI is at a balanced level of 61.94, indicating neither overbought nor oversold conditions.
A bullish trend is suggested by a MACD value of 6.13.
The CCI at 70.21 is within a normal range, not signaling extreme market conditions.
Current Market Trend: The stock has been performing well, with a recent price increase and a 1-year change of 65.61%. The company’s latest financial results show a revenue increase of 5.05% and a net income surge of 45.93%, which are positive indicators for potential investors1234.
Trading Idea:
Entry Price: 170.2 SAR
Stop Loss: 157 SAR
Investment Rationale: The company’s strong financial growth, coupled with positive technical indicators, makes it a promising investment. The VCP pattern forming suggests potential for price movement, making it an opportune time to consider entry.
Conclusion: Astra Industrial Group Company stands out as a solid investment option in the pharmaceuticals space. The company’s robust financial health and favorable technical analysis present a compelling case for potential gains. Investors should, however, remain vigilant and conduct thorough research, considering the broader market trends and upcoming financial reports before making any investment decisions.
Please note that this idea is based on the provided data and current market trends. Past performance is not indicative of future results, and it’s essential to use risk management strategies such as stop losses to protect your investments. Happy trading!
National Gas & Industrial Company - GASCO (2080)National Gas & Industrial Company, listed with ticker number 2080, is currently making waves in the Utilities sector as a Gas Distributor. With a current market price of 87.7 SAR and a robust market capitalization of 6.58B SAR, it stands out as a significant player in the market. The company’s financial indicators are promising, with a 9% growth in EPS and a 10% increase in sales quarter over quarter. Additionally, the stock enjoys a high degree of liquidity, with 82.42% of its shares available for trading.
From a technical analysis standpoint, the stock is forming a Volatility Contraction Pattern (VCP), which often signals a potential for price movement. The RSI is at 65.93, edging closer to the overbought threshold, while the MACD at 3.06 suggests a bullish momentum. The CCI at 117.87 further supports the overbought condition, indicating that while the stock has potential, traders should proceed with caution.
In light of the current market trends and the stock’s performance, the entry price is set at 88.5 SAR. To safeguard investments, a stop loss should be placed below the recent swing low or at a level that aligns with individual risk tolerance. The stock has shown a positive trend with a 28.97% increase since the start of the year, bolstered by solid financial performance and strategic agreements that could propel further growth.
In conclusion, National Gas & Industrial Company presents an intriguing opportunity for traders. The combination of financial stability, growth, and bullish technical indicators makes it a stock to watch. However, given the nearing overbought conditions, vigilance is advised. Traders should conduct their own research, stay updated on market trends, and employ risk management strategies to ensure the protection of their investments.
📈 TASI Share Technical Analysis 📉📈 TASI Share Technical Analysis 📉
🐂 Bullish Momentum:
The Tadawul All Share Index (TASI) is currently displaying signs of a potential bull run on the daily timeframe. The market sentiment appears to be favoring the bulls as the price action demonstrates a series of higher highs and higher lows, suggesting a sustained uptrend. 📈🐂
📊 Moving Averages:
Two important moving averages, the 50-day and the 200-day, play a significant role in assessing the market's direction. When the 50-day moving average crosses above the 200-day moving average (referred to as a Golden Cross), it's akin to a magical turning point in the market, indicating a robust bullish trend. This crossover reinforces the bullish case for TASI. 🪄📅
🌟 Choch Stands Alert:
The Choch (Stochastic Oscillator) is sending a rocket ship 🚀 signal, highlighting the potential for overbought conditions. However, it's essential to remember that in a strong bull market, overbought conditions can persist, and such signals may indicate the market's resilience rather than an impending reversal. 📈🚀
🤖 RSI in Play:
The Relative Strength Index (RSI) serves as a robotic 🤖 tool to gauge whether the market is overbought or oversold. At present, it hovers in the overbought territory, reinforcing the idea that buyers are in control. Nevertheless, it's important to acknowledge that during strong bullish trends, RSI can remain elevated for extended periods. 📈🤖
📅 Keep an Eye on News:
While technical analysis provides valuable insights, market movements are also influenced by external factors. Staying informed about 📰 news, economic events, and geopolitical developments is crucial. These fundamentals can either complement or challenge the technical signals. 📊🌐
📈 Final Thoughts:
While the TASI appears to be in the early stages of a bull run, it's paramount to exercise prudence and risk management. Technical analysis is a valuable tool, but market behavior can be unpredictable. Diversification and risk management are essential components of any investment strategy. 🧐🌟💼
Investors should be aware that all investments carry inherent risks, and it's wise to seek guidance from a qualified financial advisor for personalized advice and tailored strategies. 🤝💰📈 #InvestWisely
Tasi Daily Analysis Here the Tasi daily analysis we have good area for buying opportunity the trend is bullish and the targets are clear to see , Enjoy
AMRICANA RESTURANTHey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT
🚀 TASI surge 24% in 2023: Decoding the next move in 2024.Tadawul All Share Index (TADAWUL:TASI)
1) In the day chart we noticed that the Tadawul All Share Index has formed a head and shoulder pattern from April 2023 - September 2023 and a obvious neckline breakout marks the end of the H&S pattern.
2) At the end of H&S pattern we noticed a big red candle closed at 50% into the body of the previous green candle. This is a trend reversal sign known as Dark Cloud candles.
3) Since the August 2023 a sharp down trend consist with mostly the red candles. It signifies strong bearish momentum. TASI had fallen from 11933 to 10262, nearly 14% correction in a span of just 12 weeks.
4) We noticed the bullish flag pattern started forming since mid Nov 2023, where two parallel trendlines preceded by a flag pole which clearly indicates strong bull's presence in the index.
5) Dec 2023 onwards TASI started moving straight upward after flag pattern breakout and again forming a bullish flag pattern. Such back to back flag breakouts give prominent signal of long bullish run to be continue.
Happy Trading!
Cheers to this bull run!
SAUDI REINSURANCE CO. 8200 - Bearish SignsShow some week signs:
1- Monthly resistance at 20.36 which was near a target in previous trade.
2- wait to see in 20 - 20.36 if bearish candle appear.
price will back to these targets
TP1: 18.98
TP2: 200 moving average
if 200ma not hold will not surprise if price to back to 17 or 15
HALWANI BROS. CO. 6001 - Bullish Pullback to 200 Daily MAbullish pullback opportunity towards the 200-day moving average. Several strong indicators support this potential upward movement:
RSI Value Near 50: The Relative Strength Index (RSI) is hovering close to the neutral 50 level, suggesting a balanced market sentiment and potential for upward momentum.
Support Holding at 48.5 Level: The stock has demonstrated resilience by holding a crucial support level at 48.5, indicating buyer interest and a potential bounce.
As the price retraces, there's an opportunity for a second entry around the 48.5 level.
Target Levels:
Take Profit 1 (TP1): 53.2 level or 200 moving average
