Saudi Kayan (2350), on the daily chart, I see a forming pattern, going up on a zigzag until 14, then some correction and next target is 16 Quick tradings can be done buy at support / sell at resistance, and so on until reaching the target. The technical indicators RSI and MACD are supporting this view. Stop loss at 10.7 should be considered.
Price has taken support at C&H formation target. HH, HL in formation. Price has reached a strong horizontal level (acting as resistance) Take Entry after Breakout of horizontal level (Resistance); will be converted to support. SL and TPs are specified. Trail stop loss accordingly.
Parallel Channel Breakout Observed Completion of Cup & Handle Target Short term and long term Bullish setup is available Wait for HH, HL formation Entry above watchout level Horizontal support Levels are specified for TPs Ride the trend and Trail your stop loss Manage your risk properly
We have a high probability that the market will go up because after the breakout of the vwap indicator you see that the sellers have hit the support line without being able to break it.Thanks.!
Descending Parallel Channel Breakout and Retest Inverted Cup & Handle formation Support from 50 EMA Crossed Strong Horizontal Support/Resistance Line Series of HH, HL formation Trade with stop loss Ride with trailing stop loss
Watch for Triangle Breakout Take Entry with stop loss @ Triangle Top Trail Stop Loss for TPs as per fib levels
Wait for Target completions for Long Entry Watchout for Horizontal Supports, Cup & Handle Patterns Targets, Ascending Triangle Breakdown targets
Trending up and continue trending in channel. Give respect to Stop Losses and Trailing Stop Loss. Entry 19.16 SL 18.70
Please share with me your thoughts, Kind regards.
Recently , TADAWUL:2350 had enough bullish strength to break above the black line . If we close in an upcoming day considerably above the green area (significantly above the 8.8 ) , this stock would very likely continue up towards the first blue rectangle area at the 9.8-10 area , with an important potential to reach the second target at the secong blue...
this Market not for sell this period , he can back to the support line for pullBack then goingUp ( strong support line not easy to cross it )