1322 TASIBullish on weekly TF
Moving in a bullish channel and taking the support of channel
Trading above the moving averages
Volumes are also pertty goods support the price
1322 trade ideas
Bullish on Daily as well as Weekly TF
65.60 - 66 is an Important Resistance Level.
If this level is Crossed & sustained, we may
witness 68.
On the flip side, 63.50 is an Important Support
level that should be sustained on Monthly Basis.
Morning Star Formation on Weekly TF.
Weekly Closing above 23.6% Fib. Level.
However, Bearish Divergence is there on
Weekly TF. Sustaining 62 is Important for now.
Immediate Resistance is around 66 - 67.
Risk can be taken with a Stoploss of 59
on Closing basis.
1322The price action is in an uptrend making higher highs and higher lows with the negative session observed in the last trading session and price closes at 58.70 (-1.51%). Support level lies in the range of 57.50-58 where long position can be consider with the stop loss below 55 to manage risk. On the flip side, initial resistance lies in the range of 61-61.50 and secondary resistance range around 65-65.50.
1322 AMAK D1 - 6/5/2024 (TASI Market)1322 AMAK D1 - 6/5/2024 (TASI Market):
Elliott Wave
Trend Analysis
Harmonic
Regards,
Cup & Handle FormationsEntry can be taken at CMP or around 59.50
with a Stoploss of 57 (closing basis)
However, more secure Stoploss would be 54.50
(on closing basis)
For Daily + Weekly Cup & Handle Targets,
Important level to Sustain is 62 - 64
1322 seems to be a long term up stockthe stock is potential for long term uptrend ..I am in as an investor for not less than 3 months.
good luck
ANALYSIS ON 1322Dear Saudi Traders and Investors, I'm making this analysis on 1322 to tell you NOT TO BUY 1322 since there's a low volume and the price is heading towards the level 1 of the Pitchfork, the right thing to do in this case is to wait for the price to come back with a confirmation then you can buy.
Let me know if you got any question!
QUICK ANALYSIS ON 1322Dear Saudi Investors, I saw in a group long ago some people talking about buying 1322, last Friday when I checked the posts I found that most of them have bought and looking for a point where to close with minimal losses.
The reason why I'm posting this is to tell you not to buy 1322 currently since the stock is still going down for months, so please don't put your money in stocks such as these and invest them in stocks in which you will make at least 10% of your investement.
Before you put your money in a stock make sure to get a good consultation.
The comment is all yours if you got any question!
1322 Waiting to break downtrendPrice at support level, waiting to break the downtrend
details on the chart
Boost, Comment and Follow for more
Stay Safe, Blessed Ramadan!
Quick analysis on 1322Good afternoon dear Saudi investors.
On 1322, You can notice again that the price is consolidating on a channel for the past 8 months and still couldn't break through it, my advice for you is not to put you money in this stock until it gets through the channel since it will be worthless to take the risk and put your money in it while you can invest it in other stocks where you can make up to 20% of profit in a month.
As I said in the previous ideas I posted this morning, Please make sure to get a good consultation before you invest in a stock.
Let ma know if you got any other market you mant me to analyze for you.
1322: AlKobra Mining (Falling Wedge; Watch for Breakout)Price within Falling Wedge
Breakout observed crossing top of falling wedge (resistance)
Formation of HH, HL
Support from 200EMA (1H TF); Imposed on Daily Chart
Entry at current level (Aggressive)
Watch for breakout of Horizontal support (Conservative Entry)
Trade with stop Loss (Risk:Reward Ratio)
Fib Levels are specified for TPs
ALMASANE ALKOBRA MINING CO1322 ALMASANE ALKOBRA MINING CO1322
AMAC has come down hard to the starting point, which is a very strong ordering area and a starting point 79.84
1322-Almasane Alkobra miningThe ball hit the ground with its own weight. It may go below ipo offer price.
