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Arabian Internet And Communications Services Company displays a promising bullish pattern followed by ascending trend line. Moreover, the price is testing 200 EMA around 340 which can be consider for a long position, while setting stop loss orders below the bottom of support around 330. Initial target define around 360, upon sustaining this level secondary target...

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Saudi Aramco Base Oil Company is trading within a potential broadening wedge formation, with both the lower and upper ascending trendlines supporting the price. The immediate support zone represents an optimal buying area before the price advances towards the targeted 180 level. Short term approach can be consider initially around 152-153 and secondary approach...

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AVN is currently within a Bull Flag pattern, facing resistance around 53. Multiple barriers hinder breakout. Anticipation for bullish reversal towards 56-59 post-breakout; breach below 49 signals potential bearish momentum.

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SNGP displays a promising bullish reversal pattern characterized by the formation of an ADAM and EVE pattern. Our plan entails accumulating the stock within the designated buy back zone (64-65.50 range), while setting stop loss orders below the bottom of EVE to manage risk effectively. Anticipation builds for a substantial surge in momentum upon the breakout from...

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The price is currently sustaining support level around 23 and gives closing at 23.71. Moving forward, if it breaks and sustains 24 then bullish momentum creates. The first and second resistance levels lie around 25.50 and 27 respectively.

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PRL displays a promising bullish pattern characterized by the break out from its trend line and establishing Cup & Handle pattern. Our plan entails accumulating the stock within the designated buy zone (27-28 range), while setting stop loss orders below 26. To guide our trading decisions, we've delineated two distinct targets: an immediate target around 32 upon...

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PIBTL displays a promising bullish reversal pattern characterized by the formation of an ADAM and EVE pattern. Our plan entails accumulating the stock within the designated buy back zone (6.50-6.80 range), while setting stop loss orders below 6 to manage risk effectively. Anticipation builds for a substantial surge in momentum upon the breakout from the neckline,...

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ZAMIL shares have been reaching higher peaks, while the Commodity Channel Index indicator is showing diminishing highs, indicating a bearish divergence pattern on the weekly timeframe. This pattern suggests the beginning of a downward trend. Confirmation of this trend would occur if the price breaks below the support level of 23.70 SAR. Conversely, if the price...

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🚀 Stock Alert: NML 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buy Level: 66 🎯 First Target: 70 🎯 Second Target: 73 ⚠ Stop Loss: 62.50 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: Presently, NML has retracted from its upward trend line, culminating in a closing price of 66.07 in...

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Inverted Cup is a fairly rare but very reliable bearish pattern. It is formed at the end of a long-term bullish trend and usually gives a signal of a market reversal. The upward trend in prices with a gradual slowdown. In the classical case it should represent a smooth arc. A rounded bottom is, in simple terms, a dumping of a position by large market...

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In the context of a cup and handle pattern, the cup materializes as the value of an asset undergoes an initial ascent, subsequently followed by a gradual descent, culminating in a rounded bottom reminiscent of a "U" shape. Presently, the price action is demonstrating the formation of such a "U" shape, with an anticipated completion near the 403.90 mark. Following...

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The Tadawul All Shares Index (TASI) concluded the previous week with notable performances across its key indices, experiencing a loss of 1.60%. This resulted in an accumulation of 203 points, settling the index at 12,502. Notably, the index has shown rejection from 12,883 which will acts as resistance for the upcoming session for the index. If this resistance...

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Saudi National Bank displays a promising bullish reversal pattern characterized by the formation of bullish flag pattern and divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (37.50-37.70 range), while setting stop loss orders below the bottom of support around 36. Anticipation builds for a substantial surge in momentum...

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Saudi Arabian Oil Company displays a promising bullish reversal pattern characterized by the formation of bullish divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (29.50-30 range), while setting stop loss orders below the bottom of support around 28.50. To guide our trading decisions, we've delineated two distinct...

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WAVES displays a promising bullish reversal pattern characterized by the formation of Cup & Handle pattern. Additionally, the stock price is supporting its ascending trend. Our plan entails accumulating the stock within the designated buy zone (7.20 - 7.50 range), while setting stop loss orders below the bottom of its CUP around 6.50 to manage risk...

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ACM shows rejection from its resistance level lies around $3.25 and currently trading around $2.4 which looks attractive for short term and long term approach. Initial target can be consider at previous resistance of $3.25. Upon breaching, according to Adam & Eve pattern, next target will be around $4.8.

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🚀 Stock Alert: PAKRI 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Level: 12.50 🎯 First Target : 16.58 🎯 Second Target : 19.60 ⚠ Stop Loss: 11 ⏳ Nature of Trade: Swing Trade 📉 Risk Level: Medium ☪ Shariah Compliant: NO 💰 Dividend Paying: YES 📰 Technical View: Currently, the price is testing the support level at approximately 12.50, which...

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MLCF is currently exhibiting indications of a breakout from its descending trend line, indicative of a shift towards an uptrend. A notable supply zone is situated around the price level of 50.90, which may present resistance and necessitate a decisive breach to facilitate further upward movement. The substantial trading volume is reinforced by a notably strong...