Saudi Dairy and Foodstuff has given a up flag breakout on weekly charts. This stock is trading on Tadawul Index. CMP is 178. Target would be 228 and stoploss for the trade is 165 on weekly closing basis. This trade has a very favorable risk to reward ratio, therefore, worth taking a trade.
Alinma Bank (TADAWUL:1150)
● First breakout happened on 28 July 2021.
● After the strong breakout happened earlier, the stock is seen consolidating again.
This signals a higher base building process which will act as launchpad for the next up move.
TADAWUL:2222
According to the line mentioned in the graph, we see that the market in an uptrend and protect by our line, October 05 gives us a strong signal to buy so I announce to all who are interested in 2222 to buy the SAUDI ARABIAN OIL stock and who already have it in their wallet to buy it again
The price will continue swimming toward 13.40 --very strong support, even if we go down a little bit it will pull back-- selling time.
once the trend is reversed it's going up just below 15.07 then we bounce back , even if it go a liltle beyond that resistance.
