Looking at the chart, we observe the formation of a symmetrical triangle pattern. The converging trendlines suggest a period of indecision in the market. As breakout is observed, we could see a bullish continuation with a potential target based of 68 on the triangle's height. Conversely, a downside breakout might indicate a bearish move (stop loss: 50), and...
Are you ready for 38.45% of gain in the most hot traded item. This idea is for swing traders. Hold your long position for better returns.
if it breaks and sustain 120 then next target will be around 133
The Tadawul All Shares Index (TASI) concluded its most recent trading session at 11,082, reflecting a positive gain of 59 points. Notably, the index has surpassed its previous resistance level of 10,987, which has now transitioned into a crucial support level. The subsequent resistance level is anticipated to manifest around 11,198. Current market patterns imply a...
Price rejected from resistance level in last trading session. If 3.7 level sustains we expect pull back and this time breaks resistance above 4.10. First and second targets are 5.10 and 5.60 respectively. However, risk is defined below 3.70
4008 making bullish divergence in monthly time frame. Can be considered.
*DFML* is in an uptrend after pull back from trend line & 50% retracement & gives closing above support level at 15.50. Previous resistance lies at 16.41 Entry: 15.50 Target: 17 Stop Level: 14.75
ETHUSDT is trading in fine bullish trend and maintaining well the bullish trendline. Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from the chart. Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack. if bulls take the charge this time...
Have you heard trend is your friend Even the price is in trending better to wait for proper retracement! Currently WIF is in parallel channel, for better entry wait for trend line support around $2.60 Potential upside possible around $4 If you like do boost the idea and follow for more updates Good Luck!
The price is currently testing 200 day EMA with the closing price of 842.4 in the last trading session. Moving forward, if this level sustains then a possible pull back can be seen in its price with the initial resistance lies around 954 and secondary resistance level lies around 1,003. Use stop loss at 815 just below the recent low.
The price action is currently near the test of ascending trend line after got rejection from 298.4 level where bearish divergence with RSI is observed and closes at 221.4 in the last trading session. Upon sustaining the trend line support price can pull back towards its resistance levels of 240. If it breaks down ward then further bearish momentum can be seen.
MUGHAL is at break out level with bullish momentum. If it breaks and sustains above 82 then the completion of parallel channel occurs at 88. Exercise caution and monitor closely.
🚀 Stock Alert: BIPL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Range: 23 - 23.25 🎯 First Target : 25 🎯 Second Target : 27 ⚠ Stop Loss: 21.50 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: The price action is in bullish trend after a pull back observed from its...
ASTL following a cup pattern with spinning bottom candle observed on daily time frame. If the next candle closes above 26.20 then a possible upward price action can be seen. The initial target lies at 27.50 and the secondary target at 28.50 with the stop loss level of 24.50.
Arabian Drilling Company is in a down trend since 18th March' 2024. Currently it is testing its demand zone around 136 and RSI indicator is at over bought level and the doji candle formation is observed which indicates a bullish reversal from this level. Use stop loss below demand zone at 130. Initial resistance lies around 148 upon break and sustain secondary...
🚀 Stock Alert: HUBC 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Range: 115 🎯 Targets : 130 ⚠ Stop Loss: 110 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: Establishing bullish momentum. Can test ascending trend line around 130. Stop loss can be placed below 110.
🚀 Stock Alert: ASTL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: - Buy Range: 23.30 to 23.70 - 🎯 Targets: - Target 1: 24.50 - Target 2: 26.00 - ⚠ Stop Loss: 22.50 - 📉 Risk Level: Medium - 💰 Dividend Paying: NO 📰 Technical View: Price is following ascending trendline and MACD converting into bullish momentum ☪ Shariah Compliant: YES ⚠ Risk:...
🚀 Stock Alert: KEL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Level: 4.50 🎯 First Target: 5 🎯 Second Target: 5.50 ⚠ Stop Loss: 4 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO 📰 Technical View: The price action pull back from its trend line and currently trading in a consolidation...