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...
Stop loss and targets are in the chart, DYOR, this is not a financial advice, Good luck..
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...
We may get an upmove in coming weeks. stock in a range since long and now bullish
this is a clear sell on any rise for a min trgt of 1300
TASI: 4240 (FAWAZ ABDULAZIZ ALHOKAIR CO ) formation of bottom is completed. reversal expected
2310 Sahara international petrochemical Long idea EP: 37.17 SL: 35.22 TP1: 39.95 RRR:1.47
2001 Methanol Chemicals Long Idea EP: 26.86 SL: 25.20 TP1: 28.88 TP2: 30.32 RRR: 1.19
Stop loss and targets are in the chart, DYOR, this is not a financial advice, Good luck..
Soudi arbia 2030 Fox Market 2030 will rise to a level below.
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.