Saudi National Bank displays a promising bullish reversal pattern characterized by the formation of bullish flag pattern and divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (37.50-37.70 range), while setting stop loss orders below the bottom of support around 36. Anticipation builds for a substantial surge in momentum...
The Tadawul All Shares Index (TASI) concluded the previous week with notable performances across its key indices, experiencing a loss of 1.60%. This resulted in an accumulation of 203 points, settling the index at 12,502. Notably, the index has shown rejection from 12,883 which will acts as resistance for the upcoming session for the index. If this resistance...
Supported by financial growth, the current target is 70SR SAUDI ADVANCED INDUSTRIES CO. (2120) is growing its business and has invested in several startup companies that yielded great profits. in 2023, made 148MM SAR net profits in 2022, made 100MM SAR net profits a growth by 48% in net profits. In 2023, highest stock price was 50.1 SR current price is 42.2SR I...
Script currently in non-trending zone and continuously bouncing back from the resistance levels. we have plot important support and resistance levels for this script and provide TP and SL considering the support and resistance levels. #DYOR_NFA (Do your own research as well) _Non-Financial Advice.
Saudi Arabian Oil Company displays a promising bullish reversal pattern characterized by the formation of bullish divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (29.50-30 range), while setting stop loss orders below the bottom of support around 28.50. To guide our trading decisions, we've delineated two distinct...
Beware INTERMIDIATE term HIGH being created TARGET SELL SIDE LIQUDITY
However, Closing above 19 can be a positive sign 19.40 - 19.50 is the Initial Resistance Sustaining this level will lead it to 21 - 22. Next Strong Resistance will be around 24 - 25
Making HH HL on Weekly TF Good Support around 57 - 58 then 49 -50 Immediate Resistance 63.80 - 64 Crossing 71 - 72, may lead it to 80
Hit Exactly the Double Bottom area at 88.60 Bullish Divergence on Weekly TF
Bearish Divergence on Daily TF but Bullish However, Bullish Engulfer is expected On Weekly basis if Closes above 111.50 Making HH HL on Daily TF 111 - 112 can be a Good Support area to take Risk if we can see few Bullish Candles at this level 100 can be the Stoploss level on Closing Basis
mmxm fallowing i am waiting below sell side liqudity then afeter change of status dlivry i will enter till buy saide liqudity.
890 - 900 may act as a Good Support Stoploss should be below 890 on closing basis Targeting around 930 - 950
Though Bullish on All Time Frames, Bearish Divergence on Monthly TF + Double Bottom around 57 - 58 are favoring Bears However, Bullish Momentum will Only be Continued if 58 - 59 is Sustained
This Weekly Support (around 152 - 153) should be honored for Upside If 159 is Crossed & Sustained, we may witness 179 and then 200
if this last Monthly candle closes above 46.70 - 47, this would be a Perfect Morning Star Formation (combination of last 3 candles) However, Double Bottom is around 42 and also 0.786 fib level of Entire Rally Bullish Divergence is also being created on Weekly basis; & appeared on Daily TF
On 1080 as you see on the chart we have a hight probability to have a downtrend because we have the breakout of the vwap and the support Line.Thanks!
Bullish on All Time Frames However, Needs to Break & Sustain 31 initially 33 & then 36 - 37 would be the Initial Resistance Points and in a bit longer term, 46 can be witnessed
Sell idea on 1060 as you see on the chart because we have the breakout with force the vwap and the support line by sellers. Thanks!