binhajifahd

binhajifahd

Sometimes you have to see the big picture, the macro trend, to understand the stock movement. #TASI4040 as an example: - Higher lows and lower highs since 2007 - accelerating time in the low phases - buying with volume + improved profits - public transportation sector is growing with government and private incentives. The stock only require patience. Analysis...

binhajifahd

Shown in the analysis is upward trend movement on Dur Hospitality. The company is currently going through acquisition by a major real-estate investment & development company, Taybah Investment. We bought into the stock way before the acquisition news and based purely on technical analysis. we still believe the stock has momentum for at least 10% upward move....

binhajifahd

This stock we have been interested in since IPO where company performance continue to beat estimates and price actions are reflecting classic technical analysis. Shown on the chart are all significant price levels and previous structures that triggered them. We suspected an HVF back in May but the price corrected to reflect an even larger HVF that broke up to the...

binhajifahd Updated 

We love to show one of our successful trades that have : 1- Performed to targets 2- Within the time frame 3- Tight stop loss (Risk-to-Reward > 10) 4- Confirm our hypothesis about TASI and the major macro trend pull 5- Confirm our approach to trading based on volatility funnels developed by Francis Hunt. Here is the story, The chart have been spotted first...

binhajifahd

SAVOLA Group is a major F&B producer and distributer in Saudi Arabia and Middle East. The stock has been trading in down trend over the last year while most other companies were making new all-time high. Why? The reason being there is a major macro trend taking place since 2006. Lower lows and Higher highs forming a triangle that is generally a sign of major...

binhajifahd

Petro Rabigh chart had performed very well for us last year from sub 14 to 27 SAR and now is about to perform again! The reason for this projection is the underline macro trend that is now confirmed and is about to break to the upside with potential gains of +50%. The method we use is HVF, long tested and proved accurate with combined with volume analysis....

binhajifahd

Macro analysis for Saudi Diary and Food Company, The chart indicates a bull macro trend since 2008 from H&S bottom to the top in 2017 that sent it to the bottom of the trend channel in 2018. Since then the stock has been in a pull pattern. Since recent weeks the chart has been in accumulation pattern around 170-177 SAR. It now broke above and is going for...

binhajifahd Updated 

Since 2006, TASI had 3 bear market periods and 2 pull markets ( and currently in the 3rd. ) Each period had lasted (1/2 the time of the previous similar period either bear or pull) The maximum period was 5 years and the shortest is 10 weeks from today The closing above 9400 in 8-10 weeks is very positive for targets at 12000 and 15000 points. ...

binhajifahd Updated 

TADAWUL:1030 High volatility expected to be seen on the Saudi investment bank chart and possibly associated with major new. Keep watching!

binhajifahd Updated 

TADAWUL:2380 Petro Rabigh is way under appreciated in a pull market. The chart is moving towards a breakout above 15 SAR to make Hi3 on the underlying volatility funnel. For early entry only!

binhajifahd Updated 

The classis answer is No! because of limited growth and sensitive pricing. However, utility companies like any other company can have change of strategy, management and even product. Saudi Electric company had recently announced major changes to its governance and strategy by minister of energy himself. The chart tell the story that has been taking place since...

binhajifahd Updated 

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!

binhajifahd

TADAWUL:4210