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 :)
Show some good signs: 1- 200 moving average breakout 2- level 11159.5 break If price continue up move target will be: TP1: 11933 level
ADES is ready to archives the target 23.36 in to several days it's importins don't trade below the 18.32
Show some weak signs: 1- Resisstence level at 6590 2- 200 Moving average resistance if price can't break resistance target will be: TP1: 6200 level
Show some weak signs: 1- Double top 2- Traingle after strong down move There is no sign yet for price to go up RSI under 50 and RSI MA, if price continue down target will be: TP1: 200 MA TP2: 4257 level
Show some weak signs: 1- Break VAWAP 2- Bearish Divergence back to retest 200 Ma or deep correction to 10504 target will be: TP1: 11159 TP2: Daily 200MA
Show some good signs: 1- First 200 MA retest 2- 2.07 support turn to resistance with good bullish candle If price continue up target will be: TP1: 2.19 level TP2: Daily 200 MA
Show some good signs: 1- Bullish H&S 2- Retest VAWAP If price continue up move target will be: TP1: 52 level TP2: Daily 200 MA TP3: Weekly 200 MA (pink line)
The main stock market index in Saudi Arabia (TASI) increased 604 points or 5.76% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks this benchmark index from Saudi Arabia.
Show some weak signs: 1- Strong down move 2- Break strong support If support turn to resistance target will be: TP1: 22 level
4013 has been in correction after making ATH. A significant support (Ascending trendline) was broken in recent past for the first time. After completion of Harmonic Pattern, Double Bottom formation, a short upside move is observed (formation of HH, HL). However, ascending trendline will be acting as resistance now. Although, breakout of trendline was observed...
7203 has been in bearish trend (correction) for a while after making All Time High. Formation of LL, LH respecting a descending trendline resistance (Triangle Top) Recently has made a double Bottom confluenced with Golden Pocket, Good Support Level. Breakout of Descending Trendline is observed for first time in a while. After retest, trendline is respected...
TASI has been in correction for a while A trendline breakout is observed recently (with Formation of HH) which gave a short positive upside movement. Formation of HL in progress 11,000 is a significant resistance line Bulls need to break the resistance line for upside movement. Watch for individual stocks for proper entry
Dear supporters I got a lot of request to analyze the Saudi Index TASI, here we are. most of the stocks now at the accumulations phase and I see a very good investments and trading opportunity. good luck every one
analysis of stock in saudi market 7010 bullish power begins
no entry at that point we can enter at confirmation when pentrating the area shown in the video
tasi indicator in saudi market dont miss the opportunity