TASI Weekly Chart AnalysisFalse breakdown or trapdoor setup?
Saudi market bounces sharply off 200W MA + horizontal support. Classic Stage 3 to 2 retest in action?
•Massive bullish engulfing after shakeout
•Held key support zone near 11,100
•RSI rebounding from oversold territory
•Volume spike = institutional footprint
•Above 11,556? Stage 2 breakout confirmed
•Long-term target: 13,955+
Saudi bulls: Are you ready?
#TASI #Tadawul #SaudiStocks #TechnicalAnalysis #SwingTrading #MiddleEastMarkets #StockMarket
TASI trade ideas
TASI Weekly Chart AnalysisFalse breakdown or trapdoor setup?
Saudi market bounces sharply off 200W MA + horizontal support. Classic Stage 3 to 2 retest in action?
• Massive bullish engulfing after shakeout
• Held key support zone near 11,100
• RSI rebounding from oversold territory
• Volume spike = institutional footprint
• Above 11,556? Stage 2 breakout confirmed
• Long-term target: 13,955+
Saudi bulls: Are you ready?
#TASI #Tadawul #SaudiStocks #TechnicalAnalysis #SwingTrading #MiddleEastMarkets #StockMarket
TASI, Saudi StockHello traders,
The last few days all stocks around the world move fast due to tariff.
Saudi stock is different than others, it looks strong, and it is a fantastic investment.
I see it goes up in the remaining days in april.
Symbol like
8200
1810
2090
2160
4070
4250
6010
8030
8180
8310
Good Luck for all
TASI Weekly Outlook – Bullish Play in Progress!📈 TASI Weekly Outlook – Bullish Play in Progress! 💥
After forming a solid base around the Monthly Type 2 Zone, TASI is showing bullish signs of accumulation. We're now watching a potential explosive move toward the Context Target at 12,895.754 🚀.
The current structure suggests a short-term pullback before continuation—ideal for bulls waiting for a clean entry. Eyes on the prize as we aim for higher highs. 🔥
🧠 By: Asif Brain Wave
TASI IS PREPARING AN ENTRYAfter that TASI has taken the liquidity at 11,553, it just gave us an indication that it will start going bullish, no clean entry for now, but we'll keep waiting.
Meanwhile, my clients and I have taken other trades on 3 other stocks that are still in a safe zone, waiting for them to go higher so I can share them to the public.
As soon as I catch the entry and share it to my clients, I will share it to the public.
If you really care about taking clean entries, you must wait for the confirmation of the up movement then you can have a safe entry.
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Different Time FramesMonthly View:
Monthly Support is around 11200 - 11500
Important Resistance is around 12500 -12700
Weekly View:
Weekly Closing above 12000 is Important for
touching the Resistance of 12500 - 12700.
Daily View:
Hidden Bullish Divergence has appeared which
is a positive sign.
If the Selling Pressure continues, we may expect a
bounce back from 11500 - 11600. Otherwise
today's Closing above 11820 can be a Positive Sign.
TASI IS GOING BEARISHAs you can notice on the chart, TASI as I told you in older posts, it grabbed the LQ at 12,302.190-12,333.861, gave us an entry point and now it is heading towards the level 11591.374 where it will grab the LQ.
For the people who have already bought, you can close and enjoy your profits, and for those who are willing to buy, the wise thing to do is hold your funds.
For further questions, don't hesitate to ask!
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$TASI | Bearish Retracement Play After Reaching Key TA TargetsTADAWUL:TASI | Bearish Retracement Play After Reaching Key Technical Targets
📉 Trade Setup:
I have entered a short position on TADAWUL:TASI based on fundamental analysis (FA), anticipating upcoming challenges in the financial system, which could pressure the stock market globally. Additionally, from a technical standpoint, the index has already met its key targets from $10K to $12.8K, signaling a potential retracement.
Trade Details:
🔹 Entry: 12,500
🔹 Stop Loss (SL): 12,550
🔹 Take Profit (TP) Levels:
• TP1 (30%) → 11,590
• TP2 (20%) → 11,325
• TP3 (20%) → 10,990
• TP4 (30%) → 10,030
Technical & Fundamental Outlook:
• The market has extended significantly from $10K to $12.8K, reaching exhaustion zones.
• Economic uncertainty and potential systemic challenges could trigger a market correction.
• Expecting TADAWUL:TASI to retrace and mirror the prior upward move.
📊 Risk Management:
• Tight SL at 12,550 ensures controlled risk.
• Profit-taking at multiple levels to lock in gains progressively.
📝 Thoughts? Drop your insights below! 🚀📉
Morning Star formation Morning Star formation on Weekly TF which is
actually a positive sign.
However, sideways channel is there on Daily TF.
Crossing 12430 may lead it towards 12700 - 12780 initially
& then towards 13870 - 13997.
Also, 0.618 has been tested of the recent rally.
13211 is a Very Strong Resistance that if Crossed
& Sustained will expose New Highs towards
16500 & 17800.
UPDATE ON TASIA month ago, I posted that TASI will continue going lower to reach 11,439.529, and it came up the grab the LQ at 12182.412 now it will continue lower.
Again this movements fooled some people and bought higher now they're in losses and looking for how to recover.
Don't buy TASI now, wait for it to quit the consolidation level then you can buy.
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DON'T BUY TASIAs you can notice on the chart, TASI filled the Price Gap we had at 12,152.282-12,229.265. Now it is heading towards the Liquidity level at 11,439.529.
If you already bought on TASI sell your shares and wait for the next entry,and if you're welling to buy it's ot the right time to do so. You can check on the other stocks I posted and buy on them and follow me for more trades on Saudi Stock Market!