STC: 85 CALENDAR DAYS PATTERN7010:STC has followed a pattern since the end of February 2023. Upon hitting the bottom trend line, Price appreciated 15-25% in 85 calendar days. This pattern has repeated 3 times over the last year.
Based on above observation, a long position can be opened once price hits the bottom trend line again.
TP1: 15%
TP2: 25%
OR simply close the trade on the 85th day of starting the trade
SL: 2% (just under the bottom trend line)
Keep waiting and hope the price comes back to the bottom trend line soon. Best of Luck!!
4020: LONG AFTER BREAKOUT OF SYMMETRICAL TRIANGLE PATTERN4020: Saudi Real Estate had a successful bullish breakout of a symmetrical triangle pattern. Target price can be set as SAR 30, around 17.5% from the point of breakout. Set SL according to your risk management plan. Enter a long position once price retraces and retests the triangle pattern's upper side.
Best of Luck!!
DON'T BUY 2310Some days ago, I posted to wait before you buy on 2310, but still some of the people who saw my post here and on other platforms bought and now they're in losses.
The problem now is the market is coming lower and it won't go higher anytime sooner.
The price now after it gave us a confirmation that it will keep coming lower, we'll expect it to go at least to 20.02 which is the point where we have our price gap that needs to be filled.
Again, don't waste your money on a stock that will get you in losses.
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DON'T BUY ARAMCOAramco is one of the stocks I receive questions about the most, and which took money for lots of people.
For now you can't buy, especially after the last Q of 2024 earnings, and we'll expect from the price to come lower at least to 26.60.
If you're holding anything on 2222, close and wait for the price to give us a clean entry to take and I will post it for you!
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ANALYSIS ON 1120I received texts about 1120 if you can buy or no especially after the last reports, you can see that the price came and broke the LQ level we have at 94.5-96.1 and now it is heading towards the LQ zone at 100.2.
I told my clients to sell at 94.5 where we have the LQ zone as a safety exit, but the price managed to keep going higher. Now if you still holding, make your target 100.2 to safely close your position and keep your profits.
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Though the stock is in Downtrend but...Though the stock is in Downtrend but...
Falling Wedge Formation on Daily TF (positive).
Also Bullish Divergence on Weekly TF (positive).
Crossing 2.40 will reverse the trend with
immediate Resistance around 2.80 - 3.
On the flip side, 2.10 - 2.15 is the Double Bottom
area.
Saudi National Bank (SNB) Insight: Watch for Manipulation Moves!
**Saudi National Bank (SNB) Insight: Watch for Manipulation Moves!**
Attention SNB shareholders: A potential manipulation move might occur before the real bullish rally begins. Monitor the **Open-High-Low-Close** closely. Buyers below **sell-side liquidity**, stay cautious but optimistic. Position yourself wisely to ride the wave when the rally takes off!
Saudi Arabian Oil Co. (2222)Saudi Arabian Oil Co. (2222)
The yearly sell-side liquidity has been swept, signaling potential exhaustion of bearish momentum. This indicates a strong probability of a bullish reversal. I anticipate buy-side liquidity to be targeted next, given the historical price action and liquidity dynamics.
Fawaz Abdulaziz Alhokair 4240 Buying from Below Sell-side Liquidity
Entry:
Looking to buy from the Below Sell-side Liquidity.
Target:
Targeting a move towards Above Buy-side Liquidity at 18.94.
Analysis:
The setup is based on smart money concepts (SMC),(ICT) focusing on liquidity grabs. The sell-side liquidity, expected to act as a reaction point, with a strong potential for price reversal targeting buy-side liquidity levels above.
Al Yamama Steel (1305) Analysis: IRL to ERL - All-Time High as T
### **Al Yamama Steel (1305) Analysis: IRL to ERL - All-Time High as Target**
**Timeframe**: Yearly
#### **Overview**:
- **Current Scenario**: Al Yamama Steel is trading below a critical level, providing a potential buy opportunity.
- **Strategy**: Focus on the IRL (Intermediate Range Low) to ERL (Expected Range Level) movement, with the all-time high as the ultimate target.
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#### **Analysis**:
1. **Order Flow**: Monitor the price action and liquidity levels below the current range. Accumulation at support zones signals bullish intent.
2. **Price Action**: Wait for confirmation (e.g., bullish engulfing or breakout retest) at identified buy zones.
3. **Risk Management**: Place stop-loss just below the IRL to mitigate risks.
💡 **Tip**: Patience is key. Allow the price to dip below for a better risk-reward ratio before targeting ERL and ATH. 😊
WAIT BEFORE BUYING 2310Months ago I posted about not to buy 2310 since it is coming lower, still some of you bought and lost their money as I saw on other platforms and from people who contacted me.
Now the market reached the level I told you and we will wait for a confirmation of the reversal, as soon as I get it I will post about it and you can take the trade.
Follow so you won't miss the entry!