TADAWUL:2222 SAUDI ARAMCO breaks out of parallel channel after completing wave 3 extension. Now I think it's in wave 4 the ideal correction measure for wave 4 is 38.2% of wave 3. maximum is 50% of wave 3. In this case it's possible that stock will correct to near 50%. Now why 50% I'm saying is because there is strong support created on 14 jul...
ADX:EAND I think right now it is a perfect level to start buying and accumulating in EAND. Stock touches 0.618 which is a very good sign for reversal and good ratio as a target for completion of corrective wave. 0.618 is normally a target for wave 2. I think accumulation already have started in EAND and I'm very bullish in this stock for long term perspective.
DFM:DFM I have posted two scenarios. Probability No 1 (Incomplete WXYXZ Correction) If Stock is in WXYXZ correction, then Stock has completed it's WXYX structure and wave Z is yet to complete. I think to complete wave Z of WXYXZ structure DFM stock has to go down below wave Y which is at 0.499. DFM will take time to complete this wave Z correction maybe a...
DFM:DIB 1) DIB is in consolidation for nearly couple years now. It's a clear Triple Three Complex Correction structure. Now it's final wave form of Triple Three Correction which is wave Z. 2) To complete the structure stock price should have to go below wave Y. I think stock will go below wave Y which is 5.10. 3) My target for wave Z is Lower trend line...
ADX:EAND As I said in my earlier short-term view of EAND Analysis that I think Emirates Telecom Group Company (Etisalat Group) is near at the end of it's bearish trend. It's in final phase. I don't think it will go below 15.50 now. Still have to be careful when take position in this stock. My entry level is 19.58. Which is Higher High level from current...
ADX:EAND I think Emirates Telecom. Group Company (Etisalat Group) is near the end of it's bearish trend. It's in final phase. I will upload next long term analysis also. I think to take position in this stock it's better to wait till price to go above 19.58 to enter. Target: - Short term target is 21.35.
ADX:ADCB I think Abu Dhabi Commercial Bank is near end of it's bearish trend. It's a triple three complex correction. which is wave WXYXZ form and I think it's in wave Z. Abu Dhabi Commercial Bank is near the end of bearish trend and soon stock will start moving up. To complete the triple three complex correction in this stock price has to go below 7.63 which...
TADAWUL:2222 SAUDI ARAMCO clean structure on chart. Extended wave 3 is completed. Now stock is on correction in wave 4 I think stock will take few more weeks to complete the wave 4 correction. Now I think there are more than 2 possibilities. I have shown 2 possibilities in chart. 1) First possibility is that stock is in wave 1 of extended...
TADAWUL:2010 Saudi Basic Industries Corp. can break multiyear consolidation but there are two alternatives this is one possibility which I have shown in charts. In both possibilities SABIC should have to go below 59.5 in spot market to end multiyear consolidated bear trend. Then I think SABIC will be in bull trend. Entry: - 1) If Stock goes below 59.5 then wait...
BUY above high of brakeout candle with 1:2 minimum take profit
If you can see bigger time then you can find out the down trade so according that I expect this is the next move of US30
AS you can see EURUSD following his downtrend so according that I expect this move
As I can see that Gold is following his trend so according that I think that gold will follow this trend which I market
GULFOIL EQUITY levels ...24/05/2021 (D candle)