Review of Nayifat Finance Co's Analysis 4081
Nayifat Finance Co. has demonstrated a robust analytical approach in their recent market assessment. Their focus on key trading concepts, including sell-side liquidity, buy-side liquidity, and market structure shifts, reflects a comprehensive understanding of market dynamics.
Sell-Side Liquidity Analysis: The company effectively identified the 4081 level where sell-side liquidity was taken out. This precise observation is crucial for understanding potential market shifts and making informed trading decisions.
Monthly Target Achievement: Nayifat Finance Co. set a clear monthly target, aligning their strategies with the broader market objectives. Their ability to achieve this target suggests a well-executed plan and accurate market predictions.
Buy-Side Liquidity Focus: The assessment of buy-side liquidity and the creation of Fair Value Gaps (FVGs) demonstrate an in-depth analysis of market trends. This approach helps in identifying potential buying opportunities and market entry points.
Market Structure Shifts: The identification of a market structure shift is a critical component of their analysis. This insight into structural changes within the market is essential for adjusting strategies and capitalizing on new opportunities.
Projection Deviation and Confirmation: The company's projection deviations were well-conceived, with confirmation of targets enhancing the reliability of their predictions. This aspect underscores their ability to adapt and refine strategies based on evolving market conditions.
Overall, Nayifat Finance Co. has provided a thorough and insightful review of market dynamics, showcasing their expertise in forex trading and technical analysis. Their methodical approach to liquidity analysis and market structure shifts positions them as a strong player in the financial sector.
Al Yamamah Steel Industries - ksa - Long-term We expect the stock to enter an accumulation phase at its current levels, followed by movement towards the targets outlined below. This is supported by improved business results, increased production capacity, and a boost to the construction sector due to interest rate cuts. Although several financial factors are currently affecting the stock, we foresee the possibility of improved financial performance and recovery by the first half of 2025.
AYYAN Investment - TADAWUL: 2140 - KSAThe stock is currently trading near the resistance level of SAR 17.40. If this level is breached, the stock is expected to target prices of SAR 18.50, followed by SAR 21. The stock has become suitable for trading after recent transactions in the last financial period, due to the anticipated financial adjustments that will be reflected in the company's upcoming Q3 financial statements.
2110Saudi Cable's current trading position below the 200-day Exponential Moving Average (EMA) suggests a bearish trend. A potential shift to a bullish outlook could occur upon maintaining levels above the 200-day EMA. There are indications of an Adam & Eve formation forming in its price action, with the neckline of this pattern situated around 81. Price action has shown rejection from this level after forming the Adam, with a potential formation of the Eve anticipated. Completion of the Eve could lead to a bullish sentiment following a breakout.
A support zone is identified approximately between 56-57, from which a rebound is anticipated. Two plausible scenarios could invalidate this analysis: firstly, if the price fails to decline further and breaks out above 81, maintaining levels above, thereby shifting sentiment from bearish to bullish. Secondly, if the price drops below the support level of 56, a more bearish price movement could be expected.
It's important to note that these observations are speculative and not financial advice. It's recommended to conduct thorough research before making any trading decisions, whether long or short positions.