Is Saudi Aramco (TADAWUL: 2222) looking to diversify its income sources after soaring oil prices helped it deliver record-high earnings in the second quarter? Saudi Aramco saw its net income nearly double during the three-month period to 173.80 billion Saudi riyals ($46.28 billion) from 90.90 billion riyals. President and CEO Amin Nasser said increasing demand...
Saudi Stock Market is very bullish and in a strong uptrend 12600 is a resistance zone and i think market will break that and make a new high. Next target is 12800 for now.
GOOD EVENING, today there are very good indications that the SAUDI ARABIAN MINING's stock will go up in the next few days : 1)the SAUDI ARABIAN MINING's stock is over the VWAP so it's protected by it 2)it broke the VWAP so there is a very big strength of buyers today 3)it broke the last resistance to the up but not by strength BUT if it breaks down the VWAP and...
TADAWUL:2222 entered a key level . If it succeeds to break well above it ,it is very likely to go significantly up . I will be posting further details in case of confirmation .
Small time will tell,
This stock may rebound now and make its upward trajectory
ARAMCO is forming an Ascending Triangle started in early Nov. 2020. Priced reversed from the downward trendline and the resistance area at 36.00 bushing ARAMCO to test the bullish support line of the triangle pattern. This declining is confirmed by indicators such as the RSI and OBV, hence breaking below the support line will forced ARAMCO to continue its...
A high potential that price will go up for 8310
Wait for a retest and put the level 73,55 SAR As a primary target
For Tihama the good thing to do is to follow the Fibonacci extension to well measure the extension of the current bullish move, so normally we should close at the level 63,09 or 64,64 and you can see that it match up perfectly with the resistances, but what is more logical in my opinion is to close at 63,09? SO STAY IN YOUR POSITION
We are near a strong resistance level at the price 17, be aware of it because this level is much respected from the last year, but if we saw again a gap in the price with a break of the price 17, then the market will repeat the previous bullish channel ,with a high probability
WE NEED TO RESPECT THE PRICE ACTION MOVEMENT TO STAY PROFITABLE IN THIS MARKET,
I think that we are in a good place to buy but all we need is that the price must be up to 13,31 and then we can enter and put at least the level 14,07 as a target and it may vary regarding the behavior of the market in the next week
I think that we should prepare to buy at the price 7,80 and put the price of 8,38 as a target and that may vary regarding the behavior of the market in the next week for the SL we can put 7,24, PS: after the butterfly we saw that the market give us a strong bearish wave and then again the market did a remarkable correction with the breakout within the level 50% of...
We need a good candle in term of Body/Volume to judge that the market will change the trend
That would be an easy profit, PS: the target level it is just a primary and may vary regarding the next behavior of the market