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Saudiarabia

Aramco Buy or Sell?Interesting scenario here, i was expecting the price to retest 32 level but its stopped on 32,20 so what do we do now? oil prices going up which is a good sign of recovery in prices also economy is opening up which is positive again. I see 2 scenarios from here either the price come little down retest 31.95 zone and bounce from here giving us a buy signal or the price and move up from here aggressively without retracing any further. so what the game plan? in both the scenario i think its better to wait till it gives us a buy signal and indicating that the retracement is completed. Lets wait and watch and not to rush and take the trade. Sure i am looking to buy this stock so i am bullish on this one. Happy Trading Hit Like & Follow
TADAWUL:2222Long
by stalkstock
3
SAUDI KAYAN PETROCHEMICHAL CO Buy Signal To Watch (2350)Recently , TADAWUL:2350 had enough bullish strength to break above the black line . If we close in an upcoming day considerably above the green area (significantly above the 8.8 ) , this stock would very likely continue up towards the first blue rectangle area at the 9.8-10 area , with an important potential to reach the second target at the secong blue rectangle (11.2-11.7 area). The probability of reaching the second blue rectangle area is considerable but it would depend also on how price will act around the first blue rectangle area (9.8-10 ) .
TADAWUL:2350
by StockAnalystPro
SAUDI BASIC INDUSTRIES CO likely to go up .TADAWUL:2010 gave a buy signal , I think price is likely to continue up to around the first blue rectangle (88.3-91.5 Area) which would be the first target with a powerful level around the 88.3 (first blue line) . It would be interesting then to watch If the price breaks and closes in an upcoming day considerably above the first blue rectangle (Above the 91.5) because if it does , it would likely continue up to around the second blue rectangle which would serve as a potential Second Target . (Second Blue Rectangle :101.5-105.5 area with a powerful level around the second blue line at 101.5)
TADAWUL:2010Long
by StockAnalystPro
SAUDI TELECOM CO looks promising .After publishing (On May 1st) the buy entry on my profile for TADAWUL:7010 it went from around 90 to 100 so far (Over 11% Growth) .Right now , being priced at 100 , there is still a promising potential for this stock . In fact this stock is showing a powerful bullish momentum .AS LONG AS it remains CONSIDERABLY ABOVE the black line (like now) and closes the week considerably above the black line it would very likely continue up to around the first blue rectangle (105-110 area) with the strongest level in the blue box at around the 106.7 .At that point it would be interesting to watch an upward break of the blue rectangle and a considerable close above the first blue rectangle .That I think would be a powerful signal that we would continue up to around the second blue rectangle at the 117.5-120 area with the strongest level in the box being around the 117,5 .
TADAWUL:7010
by StockAnalystPro
1
SAUDI ARABIA WEATHER = LARGE & NARROW RANGE -$TASI- 3OMN - IDEAThanks for your like! Please also share to benefit the most! Much appreciated! _______________________________________________________________ The all Saudi Arabian shares index TADAWUL have seen first an acceleration of the fall to finally recover a little bit lately. Now in a narrow range, we can see that it is framed by a wider range still legit. Zone 1 and zone 3 are the next possible moves . Lines will be broken probably by a large candlestick or a large gape. In fact, we have seen the market jumping from one range to another just by using "impulsive gapes". This market doesn't offer much data , the study of the candlesticks reveals that actual support has been tested several times but not been broken. If the market goes beyond, this will possibly be a smart entry point for long fall. In the other side , the actual resistance (narrow range) seems to be less strong and possibility of seeing it broken are also likely as it is a very weak point. This will go in the sense of a consolidation of the price.
TADAWUL:TASI
by Diallo_Charts_Ideas