2222 trade ideas
ARAMCOARAMCO is forming an Ascending Triangle started in early Nov. 2020. Priced reversed from the downward trendline and the resistance area at 36.00 bushing ARAMCO to test the bullish support line of the triangle pattern. This declining is confirmed by indicators such as the RSI and OBV, hence breaking below the support line will forced ARAMCO to continue its downtrend. On the other hand, breaking over the bearish trendline then the resistance area at 36.00 will be the beginning of the bull market.
Bullish Flag Pattern (Continuation Pattern)After a strong vertical rise ( pole ) since March 2020 there is a period of consolidation ( flag ), so there is a high probability chance to break the upper line and continue the rise to reach 45$ levels within a year
Entry point : actual levels
TP : 45$
SL : 33$
2222: To where?So until now 2222 is for "buy" but if we break (1) with a big bearish candel so now we have to sell 2222 but if we'll break (2) in this case we can double our position and make really good profit.
FOR MORE INFORMATION CONTACT ME: othmanejad00@gmail.com
SAUDI ARABIAN OIL COPrice bounced down 35.93 towards the next way
First goal 35.09
Second goal 34.80
High probability of a balanced trend on the oil market.Throughout the week , the oil market continues to be tight, we note that the bullish trend needs power , so we might see choppy market the next days.
Saudi Aramco Stock To Keep In PortfolioHello ladies and gentlemen, according to my graphical analysis of Aramco Stock, I recommend to keep Saudi Aramco Stock in your portfolio because there is a great probability of reaching more than 36.00 in the next few months inshallah.
Saudi Aramco Stock To Keep In PortfolioHello ladies and gentlemen, according to my graphical analysis of Aramco, I recommend for the moment to keep Saudi Aramco stock in your portfolio because there is a great probability of reaching 36.00 in the next few months inshallah.
2222 - TADAWUL - Be Carefull for bearishHumbled, we would like to thanks for your support who has already liked, commented and followed us.
Your support, strengthens us, to help in analyzing the market.
Do not be hesitant to send us message, if u have question, or any request for stock analysis.
2222 (Saudi Arabian Oil Co) - TADAWUL - Be Carefull for bearish
Saudi Aramco Analysis 04/02/21Hello ladies and gentlemen, according to my graphical analysis of the Saudi Aramco stock, we note that since September 21, 2020, Aramco has entered in a downtrend until today, approaching a very strong support at the level of 33.50, I recommend to avoid the buy of this stock at the present time, and if even a break in the support level, I would recommend to don't keep this stock in the portfolio and selling it directly at 33.00.
Aramco to ~40ishbreakout + retest trade idea, I think a lot of volatility is coming very soon whish is why I'm having a stop below the 3/1 and the square of 9 level.
Saudi arabian oil - interesting opportunity in JanuarySaudi arabian oil is logically evolving between a resistance and a support which are very respected by the oil path.
In some weeks, if it brokes the resistance, we will have a buy opportunity. Otherwise, if it brokes the support, we will have an interesting sell opportunity.
I will update my analysis in some days.
