Alrajhi Bank buying area near the end of the bear marketAnalysis based on support and resistance and Elliott wave.
Shaded area in red should be monitored for price action to buy.
1120 trade ideas
Long on Al-RajhiDescending Parallel Channels suggest continuation of bearish trend.
Long term Buy: 82.50 --- 85.50
TP for Long term: 88.70 -- 93.40
Short Term Buy: 83.81- 84.95
Short term TP 1: 85.76
Short term TP 2: 86.88
Short Alrajhi BankThere is a high probability to short Al Rajhi Bank for the next days
Stop loss : 82.38
Target : 75.27
1120 Rajhi Bank Cup and HandleThe price broke the formed cup and handle, and it's above 50EMA
with positive indicators for up trend.
simple and compact
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a company al rajhi bank is bullish with great potentialI see in an analysis of the stock of a company that has a high probability of rising to 100 Saudi riyals
#1120 Al Rajhi Bank. Shark Pattern#1120 Al Rajhi Bank. Bullish Shark. Usually shark target is 0.5 fibonacci back move
(1120) ALRAJHI BANK can be predicted for future, {"_"}.(1120) ALRAJHI BANK in the future this chart will be updated,
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Al Rajhi Bank Is About To Bounce UpHello everyone.
I think Al Rajhi is running in corrective wave (4) and it is mostly FLAT.
Now subwave (A) is finish and it is about to rise again to the target zone (105-110) SR to finish subwave (B).
After that it will make final drop to the target zone (84-86) SR to complete its correction.
Once correction is done, it is expected to go up in wave (5).
Trade Safe.
Good Luck.
Al Rajhi Bank is going down According to our analysis Al rajhi Bank is going down so we think this is the best time to take profit
downtrendwe may see a formation of a downtrend according to the moving averages (50,200) , unless the stock have something else to say
Alrajhi bank Alrajhi bank is on down trend and cup and handle is completed ..
Targets are 80 then 70 finally 67 ..
STOP above 86
Al Rajhi Bearish Scenario Bearish MACD divergence on the weekly chart for Al Rajhi Bank. By breaking the 81.27 level, all hell will let loose.
The Price Is On FireWe can see that the price reached for the second time an important trend line that was broken in 2012 And also to the Resistance box, creating another strong uptrend line, a bearish engulfing candle has been formed broked the Red box still now, in my opinion, if its finishes like that then it will be a high chance for selling, If also you can see a Reversal pattern then enter the trade.
AL RAJHI BANK TREND GO DOWN Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.
we Think that The price of AL RAJHI BANK will Do a pull back and After That it will be Go down
1120Hello my friends,according to my graphic analysis of 1120 AL RAJHI BANK
we have bullish hidden divergence at trading channel
now it´s high probablity to buying this stock
don´t forget to like and keep following guys.
