update kfhI believe now according to Elliott waves the first wave is forming and it is the start of large upward waves
KFH trade ideas
KFH - KUWAIT FINANCE HOUSEKuwait Finance House KSC engages in the provision of banking, finance and investment services. It operates through the following segments: Treasury, Retail and Private Banking, Corporates Banking, and Investment. The Treasury segment deals with liquidity management, international murabaha investments, exchange of deposits with banks and financial institution, and international banking relationships. The Retail and Private Banking segment provides banking products and services to individual customers. The Corporates Banking segment offers banking services and investment products to corporates, providing commodity and real estate murabaha finance, and local leasing. The Investment segment manages direct equity and real estate investments, investments in subsidiaries and associates, and international leasing. The company was founded on March 23, 1977 and is headquartered in Kuwait City, Kuwait.
KFH: AnalysisOn KFH as you see on the chart we are in an uptrend so we will have a big probability to have a continuation of an uptrend if only if we have the breakout with force the resistance line by a big green candle with a large green volume. But, in other hand we will have a downtrend if we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume.Thanks...
Correction and then launchThe stock is currently in a correction phase near the shaded area, including a rise to make a larger and final historical peak before the next major collapse.
KFH weekly down trend rectangle patternKFH weekly down trend rectangle pattern (and descending triangle)
if it's breakdown 702, then break 685 confirmation the first target 650, Second target ~ 620
KFH KFH - weekly chart
I see we are in wave 4 (A) and we will rise with B wave then C
after that we will go huge money with wave 5 broken the 1000 :P
TIME TO BUY KUWAIT FINANCE HOUSE STOCKSI sold this analysis to a custommer 3 weeks ago and after getting his autorisation to share it with public here I am sharing it.
Dear investors, as you can see on the chart the price broke the golden point after pulling back on the resistance 3 times to continue its way up.
What's stopping for not buying KFH !
For more questions don't esitate to ask
