MRDS- mazaya qatarQSE:MRDS - 19-2-2024
The price movement in the stock is interesting, especially since the stock touched the main trend line from the descending top in may-2023.
Overbought indicators are nearing completion (in the short term)
I think that if speculators succeed in maintaining the liquidity momentum, we will likely see the stock near 1.055 QR levels again.
This vision is considered incorrect if the price break the 0.6 QR levels
thanks and best wishes
Trading view :QQQ121
Qatar Aluminum to test support at 1.05On the daily chart, QAMC, is going down to test the support line (red), but can rebound from 1.17 or 1.13
The new buy chance is after rebound from support level to target 1.31 then 1.40
Note: If the stock goes up crossing 1.30, then the previous scenario will void and the target will be 1.47
QFBQ- Qatar QSE:QFBQ
I think that the current price is still high... after completing five impulse waves... I see the correction as shown above.
This vision is considered incorrect if the price rebounds above 1.55 levels
Trading is hard and it’s not something you can expect to get good at overnight.
Qatar Insurance to test support at 2.32 then rebound to 2.40On the daily chart, the stock could not cross the resistance line, and is probably going to test the support at 2.32.
Above 2.40, the target will be 2.60 and 2.67
Below 2.32, the target will be 2.07 and 1.98
A second scenario, up directly. Buy now, and stop loss at 2.35 should be considered.
Another trading session is needed to confirm direction!
QJBK: Buy ideaAs you see on the chart we are in a downtrend with a beautiful red candle with a small body and a long wick. This candle tells us that we would have a very high probability of having a reversal of the trend (bullish trend). But for this to be possible, all the analysis conditions must be met. The vwap indicator as well as the resistance line must be broken forcefully by a large green candle and followed by a large green volume. As soon as this is done, we can enter a buy position as soon as the second green candle appears with green volume for added assurance.Thanks!