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
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.
2380ALsalam 3alikom, I hope you are fine!
Study the RBIGH graph, which depicts weekly for this line. When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details.
The minor details in this chart are also quite easy to identify, which is lines respect 0.62 % OTE Fibonacci. The minute details are those points in the graph where change occurs, which back and respect the order block also in the 0.62 %, which describe the Bearish Head and Shoulder .
On overall, I have many reason to entry now, which is :
BOS - Break Of Structure :
When price breaks a low or high then it is called BOS.
LQ or $ - Liquidity grab :
Liquidity simply means money or huge opposite orders to be filled to fuel the movement of the market institutions.
OTE - Optimal Trade Entry :
It is when you are looking for a Retracement for
FVG - Fair Value Gap :
are powerful tools traders use to identify market imbalances and inefficiencies.
BB - Breaker Block :
is the lowest closed candle in the recent swing low before a bearish run.
1060: Buy ideaWe have a buying opportunity on 1060 because as you can see on the chart we are in a real downtrend with red candles having small bodies and long wicks. In effect, this means that buyers want to gain the upper hand over sellers. Therefore, we must prepare to buy. But, this can also only be done if and only if the vwap indicator is broken forcefully by a large green candle and followed by a large green volume.Thanks.
ANALYSIS ON 1302Dear Saudi Traders and Investors, I'm sharing with you an analysis on one of my favorite stocks to trade, I've been leading Investors and Traders on it for a year and half now, now while waiting for a Trade to take on it, I said why not to share an analysis with you.
Yoy can notice on the chart that the price was going in an uptrend for 4 months before it gives us a squeeze to close our Trades and so they investors exit take their profits out, now we're waiting for a confirmation to sell the stock and take the downtrend again.
For further information, don't hesitate to ask!