TADAWUL:4200 +Triangle Pattern break out +Overall uptrend +Volume increase +Bullish engulfing candle +At high volume zone at fixed volume profile +At golden ratio Fib Retracement -Last Quarter earning less
2060 making a break and retest of key level at 21.3 SAR. !st TP: 23.7 SAR Stop Loss: 21 SAR 1:3 RR Trade Please do your own analysis before taking trade.
2310 is making a beautiful break and retest of the trend line and structure at 33SAR key level. !st Target: 37.8SAR 2nd Target: 40.6SAR Please do analysis from your side as well.
With price bouncing off the support it is more likely that the price will keep on going and on top of the Breakout of a triangle pattern this stock looks very bullish.
TADAWUL:7020 Better keep a watch on Mobily as a classic Pennant is forming for continuation pattern for Long. Simple Price action.
TADAWUL:6060 We can see clear confluence on 6060 as below. Good sign to enter. 1- Breaking through the channel 2- Breaking through an old resistance level Interesting to see whether it will have a pull back or will keep shooting.
TADAWUL:5110 Descending Triangle forming on Saudi Electricity. Will be interesting to see if the price breaks and shoots up.
TADAWUL:4190 As mentioned in my last idea on Jarir, it turned out to be correct! Feels great to be getting a hang on technical analysis. :)
TADAWUL:4190 Jarir is forming a nice ascending triangle continuation pattern. If the resistance is broken which i feel it will since it has been tested 3 times (Encircled), nice opportunity to buy.
TADAWUL:1010 Resistance stopped twice and once finally resitance broken, it acted as support and now seems like will be bullish and going up.
TADAWUL:4010 Hello, I am a beginner trader and bought 4010 at 23.54 SAR based on below. Only using the basic technical analysis till now as i'm still learning. 1- Structure broken (Resistance broken 8-Jun-20) 2- High volume and Bullish engulfing candle recently 3- EMA(50) overlapping EMA(200) Target is short term trade and will close if reaches around...