Dar AlArkan if goes more up the target then 8.35Dar AlArkan if goes more up the target then 8.35 , The stop-loss is below the lower trend-line
4300 trade ideas
BUY SIGNAL //// DAR ALARKAN REAL ESTATE DEVELOPMENT CO. /////With strong liquidity, if the level of the painting in the picture has been broken, which is likely to increase by 85 percent. As long as it is higher than VWAP, buyers dominate the market. I recommend buying at the price of 7.54. If the support level is broken. Landing is inevitable and not in discussion. And there will be a sale. Because in the current situation, sellers are the dominant ones
there is a high probability of going up .Hi friends
I present to you a daily analysis of a very important saoudian market and as you see the graph shows that this market will know with a very high probability a downward trend with the vigilance of return
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4300 -Dar al arkanStock is trading near to 52 week low.may test 52 week low and possible make new 52 week low .
past two days high volume with price,yesterday afternoon had some bulish move with good volume.
but stock is moving toward 6 .
better to avoid stock which is trading 52 week low .
update of my analysis of 04/25/2020 DAR ALARKAN REAL ESTATE DEVEMy old analysis:
Apr 25: if the price breaks 7.83 SAR , the probability of fetching 7.35 SAR is 95%.
if the price breaks with force 8.00 SAR , the price will go towards 8.37 SAR
the targets are on the graph
Apr 27: the price broke with force 8.00sar, to arrive at 8.32sar, 0.05 less than our first target
Update :
if the price breaks with force and closes below
of 7.30 high probability next target 7.00
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DAR ALARKAN REAL ESTATE DEVELOPMENT CO TADAWUL SA
if the price breaks 7.83 SAR, the probability of fetching 7.35 SAR is 95%.
if the price breaks with force 8.00 SAR, the price will go towards 8.37 SAR
the targets are on the graph
4300 It totally depends on which price it hits first :) Hello Traders :)
Now, it is a matter what price it will be hit first :) so we have two options:
1- Price hits 10.24, definitely go long and buy big time :)
2- Price hits 9.79, defintly go short and sell big time :)
There are no buts, the rule is clear :)
Happy Trading :)
