snour

snour

Daily chart, the stock was trading in a descending wedge, broke down, and the target is 73. However, it seems there is a tendency to re-test the previous trough at 88.6 and rebound from it. Above the red line (103 - 104), the next target will be 121 (the blue resistance line)

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On daily chart, AIH is building a strong support at 0.36, target 0.45 soon.

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Weekly chart, the Saudi TASI index has formed a chart pattern W and V, then the target is 13930 Expected time frame 3rd Q 2024 Technical indicator MACD is positive; RSI is near over-bought zone. For the long term, monthly chart, there is a probable target at 18100 Good Luck for the Saudi Market :)

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Monthly chart, Tata Motors stock has formed a Cup & Handle pattern, and the target is highly probable at 1010

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Weekly chart, Coinbase formed a chart pattern expanding triangle, and is re-testing the support 2 line (GREEN); to rebound to 200 Above resistance (BLUE) line, the target will be 224 Below support, the next rebound should be the dashed line.

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monthly chart ORWE stock is targeting 14.5 Positive and strong technical indicators

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UNIT , on the daily chart, is ready to target 4.95 Upon crossing this level with high volume, further higher targets will be seen (5.5 and 6)

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Maaden stock is showing a tendency to cross the channel upwards, supported by the technical. indicators RSI and MACD. On the daily chart, after crossing 38.4, the target will be 43.2 then 45.1 Stop loss should be considered.

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Monthly chart, the stock has been in a long-term downtrend, and the chart pattern falling wedge was formed. The target is 0.610, extending to 0.652 and 0.795 (Fibonacci extension) My view: it is a nice long-term investment.

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Weekly chart, Soybean Futures almost formed a bullish chart pattern - Descending Wedge. After crossing resistance 2 line and line 1, the target will be 1550 then 1770 The other side probability is activated by breaking down support line 1. However, support line 2 can be a strong barrier and force a price rebounding.

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Daily chart, the USD/Yuan is seen to test support at 7.06 - 6.94, then rebound to target upper resistance line (blue) at 7.40 Crossing the 7.40 level will push the currency pair to far high targets on the longer term. Stop loss at support line (red) should be considered.

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Weekly chart, the Special Drawing Right (XDR) is about to complete chart patterns V and Triangle The targets will be 1.443 then 1.556, after crossing resistance 2 line. Technical indicators MACD and RSI are positive. RSI is in over-bought area, which signals a near resistance.

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Weekly chart, Aluminum is showing negative indicators RSI and MACD. It seems the price is testing down the support line, then -may be- the historical support line. Below that level, price can easily go to 1595 and 1568 Above resistance, the target is 2692

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Monthly chart, the stock is trading in a long term rising wedge. After crossing the resistance line (BLUE), the target will be 3.15 or 3.22 depending on the point of breakout. Note: This is a long term idea.

snour

Weekly chart, the stock formed a bullish chart pattern falling wedge, the target is 92.8, then 117.4 passing through the shown resistance levels Technical indicator MACD is positive and crossed its signal above zero line.

snour

Weekly chart, the stock (6004) has formed a bullish chart pattern, and the first target is 143.6 Technical indicators RSI and MACD are positive. Then Fibonacci extension indicates the following targets 161.4, 171.6, 181.5

snour

Daily chart, the stock formed a chart pattern (inverse Head & Shoulders) and the target is 58.2 On the weekly timer frame, there is a good potential for higher targets. Technical indicators RSI and MACD are positive

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Daily chart, Ghitha Holding (ADX, UAE) stock is trading between the resistance and support (almost a rectangle channel). It is a good trading opportunity BUY at support, SELL at resistance, until crossing up the resistance (around 49.0), then the target will be 63.0 extending to 70.0 Technical indicators: MACD is positive. RSI indicates some minor correction or...