We're presenting a compelling swing opportunity on 4002 (Mouwasat Medical Services Co.
) with a 29% target over the next 60 days (approximately 2 months).
🔑 Key Highlights:
• Weekly Buyers: The last weekly candle was an engulfing candle supporting the uptrend.
• Target: SAR 97.25 (~29% upside)
• Entry Zone: SAR 75.00 - 75.10 (current price zone)
• Stop Loss: SAR 70.40 (below recent BOS)
• Risk-to-Reward Ratio: Strong favorable setup
• Timeframe: Daily chart
📌 Technical Structure:
The chart shows multiple CHoCH (Change of Character) and BOS (Break of Structure) confirmations, indicating momentum is building after the recent consolidation phase. Price has broken above key resistance zones and is now positioned for the next leg higher toward the 97.25 SAR target zone.
The protective stop loss is clearly defined below the recent structural support, giving us a disciplined risk management approach.
📈 Our Tadawul Objectives:
This trade aligns with our broader portfolio strategy of achieving 35-40% annual growth through:
• Monthly: Close if the position gains 10-15%
• Within 2-3 months: Close if it gains 15-20%
• Within 6 months: Close if it gains 20-30%
This structured approach ensures consistent profit-taking while managing risk. The real purpose of closing a position is to book profits and free up capital so it can be invested in better opportunities.
For regular trading insights on Tadawul, make sure to follow us and stay ahead in the market.
) with a 29% target over the next 60 days (approximately 2 months).
🔑 Key Highlights:
• Weekly Buyers: The last weekly candle was an engulfing candle supporting the uptrend.
• Target: SAR 97.25 (~29% upside)
• Entry Zone: SAR 75.00 - 75.10 (current price zone)
• Stop Loss: SAR 70.40 (below recent BOS)
• Risk-to-Reward Ratio: Strong favorable setup
• Timeframe: Daily chart
📌 Technical Structure:
The chart shows multiple CHoCH (Change of Character) and BOS (Break of Structure) confirmations, indicating momentum is building after the recent consolidation phase. Price has broken above key resistance zones and is now positioned for the next leg higher toward the 97.25 SAR target zone.
The protective stop loss is clearly defined below the recent structural support, giving us a disciplined risk management approach.
📈 Our Tadawul Objectives:
This trade aligns with our broader portfolio strategy of achieving 35-40% annual growth through:
• Monthly: Close if the position gains 10-15%
• Within 2-3 months: Close if it gains 15-20%
• Within 6 months: Close if it gains 20-30%
This structured approach ensures consistent profit-taking while managing risk. The real purpose of closing a position is to book profits and free up capital so it can be invested in better opportunities.
For regular trading insights on Tadawul, make sure to follow us and stay ahead in the market.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.