2222 ARAMCO (TASI Market)2222 ARAMCO (TASI Market)
We are waiting to change of Behaviour to change direction from down to up.
Regards,
2222 trade ideas
ARAMCO to the moonto the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
2222 WILL MAKE A CORRECTION BEFORE GOING HIGHEROn 2222 as you can see on the chart, the market just filled the price gap we have in the levels 27.95-28.10 and now it will come lower for a liquidity grab. If you're welling to buy now please don't so you don't lose your money in the correction movement.
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SAUDI ARAMCO : sell or take your profits but do not buy nowWe will see an important correction on Saudi Aramco TADAWUL:2222 very soon .
Sell or consider taking some of your profits or most of them to buy at cheaper price .
We will very likely drop to around 22 on this stock very soon .
DON'T WASTE YOUR MONEY ON 2222A month ago I posted not to buy on 2222, but still some people have bought and cashed out all their savings, and some are still in big losses.
The stock is still heading down. DO NOT BUY IT!
Let me know the stocks you have bought for loss!
DON'T BUY 2222Dear Saudi Traders,
Since Tomorrow is the day most of you are going to analyze their charts and place their ordres, I'm sharing with you the markets you can't buy for this week.
The 2nd one on the list is 2222, you can see on the chart that the market has just pulled back on the strongest candle we have which plays the role of a strong level on the market.
Plus, you pay attention for the volume which is still low to ride a Bullish move on the market.
We'd be expecting the market to come lower to reach the level 26.80 before heading up again.
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2222an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence
Saudi Aramco 2222 going to 25.5 at leastSaudi Aramco is having a cup and handle and going to 25.5 at least as shown in the chart.
Something to mention, is that it could still increase to the baseline. But surely technically to the ~ 25.6
Long open position on Saudi Oil Index 2222Open a long position on stock 2222
Based on wave analysis, the stock is in a good buying zone, and the news is encouraging for the stock to rise.
Confidence with moderate and good risk.
TADAWUL:2222
DON'T BUY 2222I got lots of questions from people who have bought 222 and they're in losses now about if the stock will riase or no.
My answer is always NO, the price is falling down and it will keep falling to the LEVEL 26.60 where we can see what will be the next move of the price.
Continuously in Downtrend but Continuously in Downtrend but
Now Bullish Divergence on Daily TF.
Closing above 27.25 - 27.30 on Monthly basis
would be a Positive sign.
It needs to Cross & Sustain 29 to change
the trend.
2222: Buy ideaWe would have a high probability of having an uptrend if and only if the vwap indicator as well as the resistance line is broken forcefully by a large green candle and followed by a large green volume..
The big move on February 2, 2025 for Saudi Aramco 2222By studying the chart of the Aramco stock, the following can be observed:
A green timeline was previously drawn on May 12, and there was an expectation of a reversal at that time.
However, the secondary was put forward, which formed pressure and a qualitative test on the stock, which led to the postponement of the reversal to the accumulation area until September 22.
There is an expectation of breaking the resistance level at 33 Saudi riyals with strong momentum by February 2, 2025, and God knows best.
The chart shows sharp fluctuations in the stock price over the past months, with a general upward trend in the long term.
The technical indicators at the bottom of the chart indicate the presence of positive signals that support the possibility of the continuation of the upward trend of the stock in the future.
In general, it seems that the Aramco stock is currently going through a stage of fluctuation and accumulation, with expectations of a strong bullish breakout during the next year, God willing. But of course, these remain mere analyses and interpretations, and financial markets are characterized by dynamism and unpredictability.
DON'T BUY 2222I got questions from people if they can buy 2222 or no,
My answer is don't buy it, and if you have any position you're holding just close it since the stock is still pushing downwards and there's no indication now to buy.
You can notice on the volume that the sellin power is still high so there's no point of buying now.
For further question or suggestions for stocks to buy, don't hesitate to ask!
SAUDI ARABIAN OIL CO.Long trade with positive ratio.
if you have any questions do not hesitate to contact me.
Saudi Arabian Oil Co / AramcoMarhaba
Saudi Arabia stocks were lower after the close on Sunday, as losses in the Cement, Hotels & Tourism and Energy & Utilities sectors led shares lower. at the close in Saudi Arabia, the Tadawul All Share lost 0.17%.the best performers of the session on the Tadawul All Share were Wafrah for Industry and Development Company SJSC (TADAWUL:2100), which rose 5.74% or 1.75 points to trade at 32.25 at the close. Meanwhile Aramco couldn't break 32.40 now heading to lower level 31.50,as you see we still in down trend, the biggest support level for Aramco is 30$ and I think its one of the good buy zones too
Crude oil for March delivery was unchanged 0.00% or 0.00 to $80.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.74% or 1.46 to hit $85.49 a barrel, while the February Gold Futures contract rose 1.29% or 24.55 to trade at $1,923.35 a troy ounce.
Analyzing Current Downtrend and Strategic Trading Opportunity.Current Market Conditions
Saudi Aramco’s stock (2222.SR) has recently been showing a clear downward trend, closing at 28.20 SAR with a drop of 2.76%. This analysis aims to provide a comprehensive overview of the current technical indicators, patterns, and price action to forecast potential price movements and suggest strategic trading positions.
Candlestick Patterns and Price Action
The weekly candlestick chart reveals persistent bearish momentum. The latest candlestick pattern is a significant red candle, indicating strong selling pressure. The stock has been consistently making lower highs and lower lows, a clear indicator of a bearish trend.
Key Technical Indicators
1. Relative Strength Index (RSI): The RSI is at 23.04, which is deep in the oversold territory. This suggests that the stock is currently under heavy selling pressure, but it could also indicate a potential for a short-term rebound if buyers step in.
2. Stochastic Oscillator: The %K and %D lines are both below 20, further confirming the oversold condition. However, the lines have not yet crossed, suggesting that the bearish momentum may continue for a bit longer.
3. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, and both are in the negative territory, indicating that the bearish trend is well-established and likely to continue.
4. Moving Averages: All major moving averages (10, 20, 50, 100, 200) are indicating a sell. The stock price is below these moving averages, which act as resistance levels in the current downtrend.
5. Ichimoku Cloud: The price is well below the Ichimoku Cloud, and both the Conversion Line and Base Line are bearish, with the Leading Span A below Leading Span B, reinforcing the bearish outlook.
6. Awesome Oscillator and Momentum: Both indicators are showing negative values, indicating bearish momentum.
Market Sentiment and News
Recent news surrounding Saudi Aramco has been mixed, with market reactions to global oil price fluctuations and geopolitical tensions affecting investor sentiment. The bearish technical indicators align with broader market concerns, reflecting the overall negative sentiment.
Price Targets and Trading Strategy
Given the current technical setup, the stock appears to be in a strong downtrend. Here are the speculative price targets and suggested trading strategies:
Short Position: Enter a short position if the stock breaks below 28.00 SAR with a target price of 25.00 SAR, setting a stop loss at 29.00 SAR to manage risk.
Long Position: Consider a long position only if the stock shows a clear reversal signal, such as a bullish divergence in the RSI or a strong bullish candlestick pattern. Enter above 29.50 SAR with a target price of 32.00 SAR, and a tight stop loss at 28.00 SAR.
Conclusion
Based on the current analysis, Saudi Aramco’s stock is likely to continue its bearish trend in the short term. Traders should be cautious and look for confirmation signals before entering any positions. The suggested short and long strategies provide a balanced approach to capitalize on the stock’s movements while managing risk effectively. As always, stay updated with the latest news and market developments to adjust your trading strategy accordingly.
2222: SAUDI ARABIAN OIL CO. Probability of the end of downtrend as formation of ABCD Pattern is completed. Price may get range-bound or an uptrend can begin.
Watch out closely. Next week will clear the scenario.
DON'T BUY 2222Here as you can see on 2222, the price is still heading down and for now there's no indication that it will come back up, don't buy it and if you're holding in loss just sell and invest in stocks on which you will make profits.
For further questions, don't hesitate to ask!
SAUDI ARABIAN OIL (MAY 2024)as it is outlined in the chart the price is more likely to visit around the black line before collapsing to our target (outlined in the former post)
Saudi arabian oil monthly chartit is better to wait for the price to go to the outlined target for a good opportunity to buy
Buying AramcoBuy Aramco as described in the analysis provided and follow the steps specified in Stop Loss and Take Profit
2222: Buy ideaOn 2222 as you see on the chart we could have a big probability to have an uptrend if only if we have the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume! Thanks!
