Make it or Break itMonthly Closing above 34 would
be a positive sign. But if 34 is broken, next
support seems to be around 28 - 29
2120 trade ideas
Last Month's Candle: DojiLast Month's Candle: Doji
Cup & Handle Formation Expected.
Important Resistance: around 50
Important Zone: around 35 - 36
2120 SAUDI ADVANCED INDUSTRIES CO. to 70SR Supported by financial growth, the current target is 70SR
SAUDI ADVANCED INDUSTRIES CO. (2120) is growing its business and has invested in several startup companies that yielded great profits.
in 2023, made 148MM SAR net profits
in 2022, made 100MM SAR net profits
a growth by 48% in net profits.
In 2023, highest stock price was 50.1 SR
current price is 42.2SR
I can expect the price to recover back to 50.1SR
then jump 48% (50.1 x 1.48 = 74.5 SR)
2120 - Saudi Advanced IndustriesPotential Harmonic Pattern, not activated yet.
Potential target for long term are shown on the chart.
🟢 2120 SAUDI ADVANCED INDUSTRIES 🟢NO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
Saudi Advanced Ind. is bullish as per Cypher. @Afnan6120 make sure it does not break below 63 otherwise it cancels the whole idea.
