Investment Details: - Stock: 4240 (Fawaz Abdul Aziz Al Hukair) - Quantity: 2000 shares - Purchase Price: 12.00 SAR Review: I recently invested in 4240 stock on the Saudi Stock Exchange, specifically in Fawaz Abdul Aziz Al Hukair. Initially, the investment seemed promising, with the stock priced at 12.00 SAR per share when I purchased 2000 shares. However, my...
// Weekly peak and trough indicator function weekly_monthly_peaks_and_troughs(close, volume) { // Calculate the weekly and monthly close prices var weekly_close = close.resample("W").last(); var monthly_close = close.resample("M").last(); // Initialize the peak and trough arrays var weekly_peaks = ; var weekly_troughs = ; var monthly_peaks = ; ...
I still think that the stock is in a state of ups and downs, and the downside that we are witnessing is a corrective drop in proportion to the price explosion that occurred based on the correction and the analysis of the waves.
Fawaz has almost hit the bottom of the support which was formerly a zone of demand and supply. Will wait and see how things go with FAWAZ.
Fawaz is very promising and has just formed a bullish flag as highlighted in yellow to continue his impulsive wave 5 of Wolfe.
As per the chart: -the downtrend is clearly broken at 17-Aug -the price is showing support at 21.82 First target is 27.58 SAR Second Target is 33.85 SAR Stop Loss 20.07
an opportunity for long position There is a gab around 20s SAR so I think if u don't care too much this is a good long position.
I think we will see in the next weeks more higher high but if we breakout the trend line
Strong Buy Do not make a stop will get you out of the market The company's stock is placed in the portfolio for medium-term investment
Stock is trading near to 52 week low.may test 52 week low and possible make new 52 week low. past two days high volume with price downward movement ,it indicate stock may fall further. if this stock trade above 16.14 for 3 hour s we may see some bullish movement . other wise 15.30 is support . Relative strengh of this stock is 33 should be above 60 for...
based on the technical analysis, Weekly support the up trend as well.