2001 reverse area to create a high trend?

Feb 26

Hello everyone,

I would like to share my analysis of this stock, which I have been following since September 2022. The price is currently in a zone that has a high probability of initiating a countertrend and starting an upward movement. I see the downside target at 16.46.

Please note that the current time might not be the best for entry, but I decided to share this analysis for those interested in following this stock. I have included an explanation in Arabic on the chart that explains how to enter the specified area, hoping that the explanation is clear to everyone.

Please be aware that I have not read the financial statements or any news about the company at all, as I do not have the time for it. This is your responsibility.

I welcome any inquiries or discussions about this analysis.

Mar 29

Note

Be close

Apr 27

Note

we hit the target, now im looking for entry conformation.

Apr 30

Note

Really nice movement today.

Apr 30

Note

Be aware this is long term analysis. It’s not for short or mid term.

May 9

Trade active

First entry today. It’s for long term holding.
I didn’t get confirmation for D timeframe yet. But there is something in lower timeframe. Also we reached our downtrend. That why i entered today without SL until i get D timeframe confirmation.
I will keep updating this analysis until the end.
Not a financial advice.

May 21

Trade active

16.10 my second entry. If we go higher than 16.50, my stop loss will be 15.69.

May 21

Note

I build my position in the area I believe it’s reverse area, then when I got daily (timeframe) confirmation reverse i make SL and i enter the position with majority of my wallet for this trade. This is my strategy, just to let you know and explain my comments

Jul 1

Note

Great movement so far, my next order is 14.80 +-

We are in trend reversal area.

And still didn’t put SL coz I didn’t get the confirmation yet.

Sep 1

Note

That what im talking bout, now my SL will be 13.69


My target on the chart.


See you in the future.