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📈 **Technical Analysis of Herfy Shares** 📊 📈 **Technical Analysis of Herfy Shares** 📊 🔍 **Overview:** Herfy shares have shown a recent trend towards a potential bullish run, as observed on the daily timeframe. 📉 **Previous Trends:** Historical data indicates a consistent uptrend, showcasing the gradual accumulation of shares by investors. 🔄 **Momentum Indicators:** Key momentum indicators like RSI and MACD point to an uptick in momentum, supporting the potential for a bullish run. 📈 **Bullish Run Confirmation:** The convergence of positive indicators strongly suggests the initiation of a bullish market sentiment, making this an opportune time to consider entering the market. 🎯 **Trade Plan:** Based on this analysis, considering an entry with 1023 shares seems reasonable. However, prudent risk management is vital. ⚖️ **Risk Management (Stop Loss):** Implement a stop loss strategy at a strategically calculated point to protect your investment and manage risks effectively. 🛡️ **Stop Loss Strategy:** Place a stop loss at a level where it's statistically likely that the current analysis is incorrect, and the trade should be exited to limit potential losses. Always remember to conduct your own due diligence, assess your risk tolerance, and consider seeking advice from a financial advisor before making any investment decisions. 🚀
TADAWUL:6002Long
by Asif_Brain_Waves
PowerfulThis stock is still in a uptrend, for now its just correcting itself for the last few weeks. We can see good buying from 138 area confirming bulls are in this region and sellers are not very strong currently. With the last candle taking a pause right after the strong bullish candle I think this will be a good buying opportunity once we see it crossing 15.20 area and the targets should be around 175 area for mid to short term. Hit like & follow if you want more updates on Saudi Stocks.
TADAWUL:8230
by stalkstock
Catch it at the bottom levelFor now we are seeing selling pressure on daily basis in the stock but the good news is its approaching a very good support level that is at 32.50 area. I think it will spend some days there and then we may see a bullish breakout this will be a good indication that it has bottomed out. A small entry can be made around 3250 with small stop loss to target next major resistance zone that is around 35 area. Hi like & follow if you want more updates on Saudi Stocks.
TADAWUL:1150Long
by stalkstock
New Bull RunWith oil prices going up surely this is one stock that will benefit the most. We can see in last trading session it has almost broke the resistance and now its gearing up for the next leg up. I think it will retest the support area before going any higher. Price has to go past 35.00 with big volume to eliminate any sellers present that will boost buyers confidence to add more quantities, we will see fresh bull rally. Hit like & follow if you want more updates on Saudi Stocks.
TADAWUL:2222Long
by stalkstock
Buying Alamar as Growth Potential and Trend BreakTADAWUL:6014 is a company I have been researching extensively. Living in Dubai, I know their impact in the region. While their past financial reports came negative, it was mostly due to declines in sales, impacted by currency devaluation in Egypt and Lebanon and inflation affecting the cost of sales. However, this is normal for a Quick Service Restaurant operator as inflation heavily affects its costs and it is price elastic industry. On the chart, we saw double bottom at support, break of trend and resistance. I am long on TADAWUL:6014
TADAWUL:6014Long
by ssavi
Aramco stock (2222) in the Saudi TASI With the latest update in Aramco's stock movement, it's important to focus on the key level of 34.3. The timing of its breakthrough is crucial, as it can potentially serve as a catalyst for breaking through the 36 regions. This formation suggests a strong incentive for an upward breakout. The potential target for this upward movement is in the range of 40 Saudi Riyals. However, it's essential to remember that all investments come with risks, and market conditions can change rapidly. Therefore, it's advisable to monitor the stock closely and stay informed about any significant developments that may impact its performance. As always, investing in the stock market carries inherent uncertainties, and the final outcome depends on various factors. Keep in mind that market dynamics can be unpredictable, and it's essential to make well-informed decisions based on thorough analysis and risk management.
TADAWUL:2222Long
by emad_alwan