ALDREES PETROLEUM AND TRANSPORT SERVICESacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
4200 trade ideas
Sustaining 125 will lead it towards further upsideSustaining 125 will lead it towards further
upside. Immediate resistance levels can be
131 and then 137.
On the flip side, 110 - 111 may act as Immediate
Support levels on Weekly basis.
For a ABCD Pattern Trade, let it
Cross & Sustain 148 for a Target of 200.
4200: Buy ideaBuy idea on 4200 as you see on the chart. Why do we have an idea to buy the 4200? This can be explained by three factors. It's about:
- The break of the resistance line;
- The break of the Vwap indicator.
- Finally all this is accompanied by large volumes.
Thanks!
4200: High probability of an uptrendWe have a high probability of having an upward trend as you can see on the graph if and only if all the analysis conditions are met.Thanks!
4200:Buy ideaBuy idea on 4200 as you see on the chart after the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume. Thanks!
114.50 - 115.50 is an Important Resistance114.50 - 115.50 is an Important
Resistance that should be Sustained
for Upside Move.
On the flip side, Good Support levels
are 108 - 110 and then 96 - 98.
However, Risky Players may take at Risk at
CMP (109.80 - 110 should be Sustained on
Weekly basis).
Stoploss in this case should be around 95
(on closing basis)
4200| Aldrees Company📊 Aldrees
📈Cup and Handle pattern, about to break out and rise 16%, followed by 24%
🏷️Current price is 180.40 riyals
🏹Goals start from186 to 260 riyals
🎯The next goal is 186 riyals
Good luck!
🤝Please do not forget to support, cheers, likes, comments and boost!
Thanks!
4200: ALDREES PETROLEUMBreakout with Increased Volume is observed
Several Patterns Formation and Targets are specified
Aggressive Entry @ current level
Conservative Entry after confirmation of Uptrend (Formation of HL)
Trade with SL and Ride the trend with trailing SL
Aldrees Petroleum 4200Bullish Indicators
1- Bullish engulfing candle
2- Support @ 50% fib level
3- Bullish divergence on Chaikin oscillator
Bearish Indicators
1- Dow: making LL and LH
2- Trendline support broken
Biased: Long
Trade Plan A: Long
Entry @current price (69) SL @ 65
TP1: previous trendline support 73
TP2: 79
Trade Plan B: Short
@68 SL @ 70
TP1: 64
Pennant Break Out at 4200TADAWUL:4200
+Triangle Pattern break out
+Overall uptrend
+Volume increase
+Bullish engulfing candle
+At high volume zone at fixed volume profile
+At golden ratio Fib Retracement
-Last Quarter earning less
Wait for the green line to be crossed ! will continue to rise after crossing the Green Line. I advise you to double your investment .
In the case exceeded the red line, I advise you to sell .
