Different PatternsRecently made HH HL on Bigger TF.
Breakout Re-test possible around 21.50 - 22
Otherwise, Trendline Support around 24.80 - 26
Upside Targets can be around 28.50 - 29 & then 31+
Beautiful Morning Star Beautiful Morning Star Formation on
Weekly TF (positive).
Also Weekly Trendline Breakout.
Sustaining above 284.60 on Monthly basis
is a Positive sign.
It may touch 280 - 281 & if we find 2-3 hourly
green candles, risk can be taken to go long.
However, it should not break 280 on Closing basis.
Crossing & Sustaining 300 will lead it towards
310 - 315.
NAHDI MEDICAL CO. is BullishPrice was in a declining phase, and respecting a descending a trendline, however a double bottom pattern with bullish divergence emerged on daily time frame, hinting the return bulls. If the trendline and previous lower high are broken successfully, then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
saudi cablesintersting chart after long term of consolodition
which can not be explained easier than this
Important Resistance around 19.50Bullish on Daily TF.
ABCD Pattern will be in
play once it crosses & sustains 19.50.
Potential to touch 24 then.
Gann Analysis for NATIONAL AGRICULTURAL DEVELOPMENT Co. (TADAWUL1️⃣ Key Gann Levels Identified
The Gann levels shown in the chart act as support and resistance zones, where price movement often reacts. Below are the key levels:
Degree Price Level (SAR) Significance
720° 41.654 Major Resistance
630° 35.45 Strong Resistance
540° 29.746 Medium Resistance
450° 24.542 Current Level - Pivot Point
360° 19.838 Key Support
270° 15.634 Medium Support
180° 11.93 Strong Support
90° 8.726 Major Support
0° 6.022 Long-Term Base
2️⃣ Market Structure Analysis
✅ Recent Price Action:
The stock previously rallied strongly to 630° (35.45 SAR) but failed to sustain above it.
It has now retraced to 450° (24.542 SAR), which is a critical pivot level.
Price is trading near a support zone, making this an important level to watch.
3️⃣ Possible Future Scenarios
📈 Bullish Scenario (Price Moves Up)
🔹 If price holds above 450° (24.542 SAR) and forms a bullish structure:
✅ First target = 540° (29.746 SAR)
✅ Next target = 630° (35.45 SAR)
✅ Final bullish target = 720° (41.654 SAR)
🎯 Confirmation for bullish move:
Price closing above 540° (29.746 SAR) with strong volume.
RSI/MACD showing bullish divergence.
📉 Bearish Scenario (Price Drops)
🔻 If price breaks below 450° (24.542 SAR):
❌ Next support = 360° (19.838 SAR)
❌ Deeper support = 270° (15.634 SAR)
❌ Final major support = 180° (11.93 SAR)
⚠️ Warning Signs for a Bearish Move:
Weekly candle closes below 450° (24.542 SAR) with high volume.
Momentum indicators (RSI/MACD) turn negative.
4️⃣ Recommended Trading Strategy
✅ Long (Buy) Setup:
Buy near 450° (24.542 SAR) with stop-loss at 23.50 SAR.
Target = 540° (29.746 SAR) → 630° (35.45 SAR)
❌ Short (Sell) Setup:
If price breaks below 450°, short with target at 360° (19.838 SAR).
Stop-loss = 26 SAR (above recent highs).
Final Notes
⭐ 450° (24.542 SAR) is a key decision point.
⭐ Holding above it = bullish; breaking below it = bearish continuation.
⭐ Monitor price action & volume for confirmation.
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National Industrialization Company SJSC (2060)Hello traders,
It's time to be looking for industrial stocks.
technically it targets 10.6 and 11.6
Good Luck for you all
Nahdi Medical (4164) Tadawul: Double-Bottom FormationThe chart shows forming a potential double bottom, a neckline (potential breakout level) appears around 123.20 SAR. A decisive break above this resistance is generally seen as the bullish trigger which could open 6–7% profit opportunity toward ~131.8 SAR Always manage risk in case the breakout stalls.
Al Hammadi_4007_Tadawul: Bullish Momentum
Al Hammadi_4007_Tadawul: Price has rebounded near the 200 SMA <~43 SAR> and is hovering around the 100 SMA, sustained closes above these long-term averages typically indicate bullish strength.
Support & Resistance: Primary Support ~37–38 SAR, which held during the recent pullback.
Momentum: Signaling a potential shift in bullish momentum, safest entry can be taken later at a breakout of B-Point to have 25~26% potential profits
Fundamental Highlights
Earnings Growth: Net income has shown consistent year-over-year increases, indicating improving profitability.
Cash Flow Trend: Positive and rising cash flow strengthens the company’s financial position, providing flexibility for future investments or debt reduction.
TTM Growth: Trailing twelve-month figures reflect ongoing momentum, suggesting recent quarters have trended positively.
Forward Outlook: With Q4 earnings expected soon and an overall 2024 forecast above 2023 levels, fundamentals appear aligned for continued growth.
BAWANacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
AL JOUF CEMENT acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
YANBU CEMENT acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
NAJRAN CEMENTacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
TABUK CEMENT acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
NORTHEN REGION CEMENTacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
Double BottomDouble Bottom with Bullish Divergence.
34 (if sustained) can be a Good Entry Point
with a Stoploss of 31.
New upward trend (inshallah) The stock has formed a higher low and a higher high, which indicates optimism for the start of a new upward trend.
LONG PERFECT PRESENTATION FOR SERVICES
acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
Bullish on Monthly TF.Bullish on Monthly TF.
Has taken Support exactly from 0.5 fib level.
However, 70 - 71 is an Important Resistance.
If 71 is Crossed with Good Volumes, we may
witness 74 - 75 & then 80.
On the flip side, should not break 63.40;
otherwise it may touch 56 - 57.
Mobily (7020) Cup & Handle Breakout: Bullish Continuation SetupMobily_7020_Tadawul, appears to be forming a textbook Cup & Handle pattern, indicating a potential bullish continuation, breakout with a target around SAR 67 level.
Long SetupCup & Handle Formation along with Ascending Triangle.
Good to Buy at Mentioned Entry Point.
2281: Bullish Reversal from POC_Golden Pocket2281
Continuously in downtrend. Earlier estimations of reversal from bearish flag completion and support levels did not sustain (Bears dominated).
However, current price movement (green candles) at POC is confirming the interest of buyers.
This is in confluence with 50% fib (Golden Pocket)
Entry can be taken now (HH) or after formation of HL (conservative)
Keep SL intact as identified.
