After publishing (On May 1st) the buy entry on my profile for TADAWUL:7010 it went from around 90 to 100 so far (Over 11% Growth) .Right now , being priced at 100 , there is still a promising potential for this stock . In fact this stock is showing a powerful bullish momentum .AS LONG AS it remains CONSIDERABLY ABOVE the black line (like now) and closes the week...
SAUDI TELECOM CO. LONG if we maintain the momentum we can look for 112 or higher, for now SAUDI TELECOM CO. is to hold in portfolio or even buy more at the level highlighted on the chert
Saudi Telecom shares are witnessing a downward trend towards level 61 and if this level is not strongly broken, then we will buy as soon as the market rises and break the level 100 and the target will be level 161.
Hello traders, SAUDI TELECOM was forcefully rejected by sellers, it may pull back. Please LIKE & FOLLOW, thank you!
The second pullBack try again to cut 78.6% fibonacci line so if he succed so the goal it will be 61.8% of fibonacci line else (don't succed) the goal it will be 100% of fibonacci line
TADAWUL:7010 has a considerable potential to go up but to consider buying this stock , confirmation is needed .I think a good confirmation would be to have price closing considerably above the green line (above the 93 area) in an upcoming day .After we get this confirmation , price is very likely to continue going up until around the 103 area .I am convinced that...
Potential shorting opportunity is at the top of the channel as shown on the graph which is after the end of the correction wave that we are currently in.
Saudi Telecom shows a strong bullish momentum. There will be a correction and then it will increase more.
Support and Resistance lines: Fibonacci Retracement: When drawn from the highs of 2006 at 180 SAR to the lows of late 2011 at 30 SAR, the 0.382 line falls at 90 SAR and the 0.618 falls at 125 SAR. 90 SAR is a strong line for three major historical resistance/support regions, late 2005, late 2007, and late 2018. 100 SAR is also a weaker level . On the...