AbdullahAlharbi

AbdullahAlharbi

Gold is breaking out upward. This is just my humble analysis, trade or invest at your own risk

AbdullahAlharbi

TASI will most likely fall to 11,400 points for the following reasons: 1- The stock markets around the world are trending downward 2- The technical indicators and analysis indicates that TASI will most likely start trending down 3- There are many other reasons for my reasoning, but I do not have the time to write them down. Regards,

AbdullahAlharbi

TASI will most likely fall following the oil prices

AbdullahAlharbi

We know that Saudi Arabia economy is heavily dependent on the oil prices. Therefore, considering this chart and the oil chart below, we can say that Saudi stocks will most likely fall.

AbdullahAlharbi

As the chart demonstrate, I am still long for Gold. In fact, at these times when people are having the herd mentality is the best time to buy or hold. Arm yourself with informations and confidence or you will lose in this game.

AbdullahAlharbi

Your opinions?

AbdullahAlharbi

Your Opinions?

AbdullahAlharbi

Gold Analysis for next week: Gold is heading to $2000 by next week; Reasons: 1- Hidden Bullish Divergence. 2- Gold is still in upside channel. 3- Gold is reversing above the two supports on the chart. 4- The fundamentals have not changed. Do you agree?

AbdullahAlharbi

The price of gold should hit 1750 according the followings: 1: Chart Pattern: Rising Wedge 2: Bearish divergence. 3: Strong resistance at 1800 level. 4: The current price is far above the 50 EMA. Good Luck everyone.

AbdullahAlharbi

This is my opinion. Trade/Invest at your own Risk Good Luck

AbdullahAlharbi

This analysis on 1D: Gold is most likely heading down toward 1680 range for multiple reasons: 1: Gold is clearly having a bearish divergence. 2: Gold is far from the DaliyMMA50 and DailyMMA200. 3: Gold is not having enough momentum to break above the 1745 level. 4: There are two strong resistance level at 1745. Lastly, we all know the federal bank is printing...

AbdullahAlharbi

Trade/Invest at your own Risk. Good Luck.

AbdullahAlharbi

Gold is in a Bullish Pennant, therefore the target in the next few days will be at 1745. Invest/Trade at your own risk. Good Luck.

AbdullahAlharbi

As seen on the chart, the indicators suggest that the price of gold could go to 1580 range.

AbdullahAlharbi

TASI is having hidden bearish Divergence. Therefore, the TASI's next target is at 6350. Have a good day.

AbdullahAlharbi

SAFCO has both strong technical and fundamental future. The technical analysis is shown on the chart above. The fundamental analysis is solid. The intrinsic value based on discounted free cash flow = above $ 115 SAR My own calculation of intrinsic value = $118 SAR Other analysts average SAFCO stock value = $ 77 SAR The summary of technical analysis and...

AbdullahAlharbi

Trend Analysis

AbdullahAlharbi

The fundamental analysis for this company is not great, just ok. However, its technical analysis is very attractive, so I would consider it a speculative stock with low risk involved. The Fundamental analysis: 1- Quarterly Operating Margin: -3.1% 2- Quarterly Free Cash Flow: -2.3% 3- P/E: 20 4- P/B: 3.4 5- RoE: 16% 6-RoA: 6.3% 7- Div Yield: 3.64% 8- DPR:...