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Riyadh Cables Group Co.Riyadh Cables Group Co.Riyadh Cables Group Co.

Riyadh Cables Group Co.

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Play on Levels124 - 124.50 Very Important Support on Monthly Basis. Bearish Divergence on Weekly TF that is why it pushed the price downwards. Now Hidden Bullish Divergence & Bullish Divergence on Hourly TF has triggered the price up. Bullish Momentum will resume once 146 is Crossed & Sustained. Now it is Important to Sustain 134 on Monthly TF & if 165 is Crossed & Sustained, Next Target can be around 190+ On Daily TF, 134 - 135 is a Resistance. Crossing it will touch the price around 138-139
TADAWUL:4142
by House-of-Technicals
Riyadh Cables Group 4142**Riyadh Cables Group (4142): A High-Growth Opportunity! 🚀** Riyadh Cables Group (4142) is positioned for an impressive rally with a **50% upside target** projected in the coming weeks! As a market leader in cable manufacturing, Riyadh Cables stands strong amid rising demand in construction and infrastructure projects, making it a prime pick for growth-oriented investors. **Why Buy Now?** - 📈 **Strong Market Position**: The company leads with high-quality products and steady market expansion. - 🏗️ **Sector Momentum**: Increased infrastructure investment is set to fuel demand. - 💹 **High Upside Potential**: Forecasts indicate a promising 50% gain in the short term. Take advantage of this promising opportunity, but remember to manage risk with appropriate stop-loss strategies. With strong fundamentals and market support, Riyadh Cables could deliver substantial rewards for savvy investors!
TADAWUL:4142Long
by Asif_Brain_Waves
4142ALsalam 3alikom, I hope you are fine! Study the RIYADH CABLES GROUP graph, which depicts Hourly for this line. When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details. The minor details in this chart are also quite easy to identify, which is lines respect 0.705 % OTE Fibonacci. The minute details are those points in the graph where respect the Breaker Block (BB), increasing by many Fair Value Gap (FVG) and kick the old (BB) in the end also describe the Bearish Cup and Handle . On overall, I have many reason to entry now, which is : LQ or $ - Liquidity grab : Liquidity simply means money or huge opposite orders to be filled to fuel the movement of the market institutions. OTE - Optimal Trade Entry : It is when you are looking for a Retracement which is a technical term used to identify a minor pullback or change in the direction of a financial instrument, such as a stock or index FVG - Fair Value Gap : are powerful tools traders use to identify market imbalances and inefficiencies. BB - Breaker Block : is the lowest closed candle in the recent swing low before a bearish run.
TADAWUL:4142Long
by Back0hack