The current stock configuration is optimally aligned for an upward trend, with the target prices highlighted by red lines on the chart at 139 and 155.
Given the momentum of Saudi Vision 2030, this stock is poised for significant performance improvements.
Dr Saud
**Saudi Airlines shares are on the rise, with prices tapping their +order block and on their way to the moon.**
**Short version:** Saudi Airlines shares are in a bullish trend, with prices breaking through their +order block. This is a sign that the rally is just getting started, and the shares could reach new highs in the coming months.
📊Catrion
📈It is trading in a bullish flag within an uprising channel
🔖Will achieve its goals by 21% upside, pending breaking out the channel at 140 riyals
🏷Current price is 135.80 riyals
🏹Goals: from 140 to 170 riyals
🎯 Next goal: 140
👇The rest of the details are in the chart
Good luck!
🤝Please do not forget to support, cheers, likes, comments and boost!
Thanks!
Weekly chart, the stock (6004) has formed a bullish chart pattern, and the first target is 143.6
Technical indicators RSI and MACD are positive.
Then Fibonacci extension indicates the following targets 161.4, 171.6, 181.5
Hello to all investors, according to my previous studies and according to my experience as a trader, I see a good investment opportunity with a high probability of success, the details are reflected in the graph
📈 Technical Analysis of SAUDI AIRLINES (6004) Shares 📊
SAUDI AIRLINES (6004) has recently witnessed some interesting developments on the daily timeframe, indicating a potential bull run using the "Smart Money" concept. Let's break it down with some emojis to make it more fun! 🚀💰
1. **Smart Money Concept:** 🧠🤑
The Smart Money concept suggests that...
Flight is ready to take off
Fasten your seat belt at all times while seated
Pay attention to the flight attendant safety briefing.
Know where the emergency exits are located
Follow the instructions of the flight attendants
NO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
Due to the introduction of new airline and the influx of people related to all mega projects for Vision 2030, I expect a rise in sales of catering products.
Hello to all investors, according to my previous studies and according to my experience as a trader, I see a good investment opportunity with a high probability of success, the details are reflected in the graph
The presence of divergence between the last two troughs and the breakout of the reward of a bearish wave = an uncertain upside opportunity, so it is necessary to adhere to risk management in entering
6004 - Saudi Airlines catering Co. Trend Analysis & Candle Stick Charting.. Assuming Bullish Trend to continue. Wait for correction to confirm another HL is formed to buy.
The sector affected by pandemic
fundamentals is strong , there is little competition , Monthly pin bar in support area , i think the company is returning to profitability when sector returns to business then price bullish .
It seems to me that Saudi Airlines Catering will go up in the next few hours when the market opens. Anyone who needs an advisor, I'm on duty.
Note:
(When I set the target and stop loss in a number that does not mean that the price will reach it, I only gave a buy or sell signal according to the analyzes that I performed in the chart and I delete it later, in order...
There is big potential that SAUDI AIRLINES CATERING CO will go up.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
