SAUDI ARABIAN MINING CO | 1211 A series of Higher highs and higher lows is formed and currently a downtrend is expected which will create a new higher low and a buying opportunity.
SSSAUDI ARABIAN MINING CO.
52.20SARD
0.000.00%
At close at Aug 7, 12:15 GMT
SAR
No trades
1211 trade ideas
Saudi Mining COMPANY OVERVIEW
To engage in the various aspects of mining activities relating to all stages of the mining industry,
COMPANY HISTORY
Maaden was formed by the Royal decree number m/17 date 14/11/1417 (H) to under-take all mining activities and development of mining sector in the kingdom.
GOOD DAY TO BUY "SAUDI ARABIAN MINING"GOOD EVENING,
today there are very good indications that the SAUDI ARABIAN MINING's stock will go up in the next few days :
1)the SAUDI ARABIAN MINING's stock is over the VWAP so it's protected by it
2)it broke the VWAP so there is a very big strength of buyers today
3)it broke the last resistance to the up but not by strength
BUT
if it breaks down the VWAP and resistance which means if it rebounded on the resistance 80% there will be a downward trend
OPEN YOUR WALLETS IT'S A CHANCE
GOOD LUCK
1211: Geometric Chart Analysis for MAADEN (with targets)TADAWUL:1211
The Saudi mining company, MAADEN price-action level chart has been performing greatly for us since we first entered after the test of L3 and sold 50% at H2. We resized after successful testing to H3 and our current average is 39.50.
Looking for our interim target to be met at 45 and projecting 48 with possible outperformance to 50. Keep watching!
