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...
Sell idea on 1180 as you see on the chart because we have the breakout with force the vwap indicator and also the breakout with force the support line.Thanks!
I expect, and God knows best, that it will be a model of the Wolfe wave as shown in the drawing, and I do not bear responsibility for anyone’s purchase.
The stock price now stands at important resistance level. What I can see is the tread is upward and the money still in. For me 48 is a just a matter of time.
Dr SAUD
The Saudi National Bank is the largest commercial bank in Saudi Arabia.
The share of the bank saw a rise in the form of a wave 1 in march of 2023 from the bottom and then a subsequent 80% retracement of the same from July till oct 2023.
The share has now kicked off in the new wave 3 structure. Since the wave 2 retracement was very deep, it opens up the...
We will have a big probability to have an uptrend on 1180 as you see on the chart because we have the breakout with force the vwap indicator and the resistance line by a big green candle with a large green volume. Thanks!
On 1180 as you see on the chart we have the breakout of vwap and the resistance line so it's mean that we will have a hight probability to have an uptrend. Thanks.
as you see in the chart everything is clear
i hoop to activate the SL NO jokes with STOP LOSE
we will change the SL soon when we get some confirmation in the chart.
GOOD LUCK & TRADE SAFELY
hi there here i explain my mind set and my though about ALAHLI BANK STOCK after completion of Wyckoff accumulation and my thoughts about it in the future
Bullish setup build up in SNB.
The price has formed a bullish flag pattern. This is a bullish continuation pattern, which suggests that the price is likely to continue to rise after it breaks out of the flag.
