7202- deep retracement7202
- Price has retraced to 78% fib levels,
- narrowing down in a falling wedge,
- reaching a strong weekly/monthly support of 218.
- Showing bullish divergence on weekly TF.
CMP 221.
For swing trade, it would be good to accumulate with SL 215 on weekly closing basis.
For traders, wait for at least one green candle at support.
I expect it to rebound and hit trading targets 235-249
For reversal, it needs to close above 272.
STC: Weekly Resistance & Bearish RSI DivergenceAnalysis Overview
In this weekly timeframe analysis of Saudi Telecom Co.I am exploring a critical junction where long-term structural trends are clashing with slowing momentum. After a multi-year residence within a well-defined ascending channel, the price action is currently testing a significant "confluence zone" that will likely dictate the trend for the first half of 2026.
Technical Pillars
Structural Support: The price continues to respect the lower boundary of a 10-year ascending channel. However, we are currently at the upper quadrant of this range.
Fibonacci & Horizontal Confluence: We are seeing heavy selling pressure at the 45.76 SAR level. This level is significant as it aligns almost perfectly with the 50.0% Fibonacci retracement of the major historical move.
Momentum Warning (RSI): This is the most critical observation. While price has remained relatively stable at these highs, the RSI is printing lower highs. This bearish divergence suggests that the "fuel" behind the recent move is exhausting, increasing the probability of a corrective pullback before any further breakout.
The Game Plan
Bearish Case: If the price fails to close the week above 45.76 and breaks the immediate red moving average support, I expect a retest of the 41.35 zone or even the channel floor near 38.00.
Bullish Case: A sustained weekly close above the 50% Fib (45.76) would invalidate the RSI divergence. In this scenario, the next logical target is the 61.8% extension at 53.35.
Almarai (2280) – Descending Channel BreakoutPrice has been moving inside a well-defined descending channel since the October high.
Recent candles show bullish momentum from the lower channel boundary, supported by increasing volume.
RSI rebounding from oversold (~30 → above 50) suggests momentum shift.
Last strong bullish candle signals potential trend reversal or corrective rally.
Potential Entry:
Daily close above 44.50 (channel resistance break)
Stop Loss:
42.90 (below recent swing low & channel support)
Take Profits:
TP1: 46.00 (minor resistance)
TP2: 48.20 (previous structure / VWAP zone)
TP3: 50.00 (major resistance & psychological level)
Disclaimer:
The information provided is for educational and informational purposes only. It does not constitute financial or investment advice. Trading and investing in stocks involves risk, including the possible loss of capital. Any decisions to buy, sell, or hold securities are the sole responsibility of the reader. Past performance is not indicative of future results. Always do your own research and, if necessary, consult with a licensed financial advisor before making investment decisions.
Bullish on Bigger Time Frame.1322
Closed at 78.65 (26-11-2025)
Bullish on Bigger Time Frame.
ABCD pattern may play well.
Breaking Out from an Important Level.
However, Important to Sustain 75.50 for
further upside.
Upside Resistance seems to be around 80 - 81
& then around 85 - 90.
Breaking 69 may bring more Selling Pressure.
Trade Plan Future Care Trading Co. (9544 | Tadawul) 25 Dec 2025Trade Plan – Future Care Trading Co. (9544 | Tadawul)
Bias: Bullish recovery from long-term support
Initial Entry: Buy from the marked Entry Zone near the range low.
Trade Management:
Target 1: Take full or partial profit at Target 1 to secure gains.
Second Entry (Re-Entry):
Wait for price to pull back into the Point of Interest (POI).
Enter again only after bullish confirmation from the POI.
This second entry confirms continuation toward higher levels.
Final Targets:
Primary Objective: Candle Range Theory high.
Extended Target: Upper Profit Taking zone if momentum remains strong.
Invalidation:
A weekly close below the range low invalidates the bullish setup.
Risk Management:
Reduce risk after Target 1 by locking profits.
Trail stop to breakeven on the re-entry position.
Core Idea:
Secure profits early, re-enter from a high-probability POI, and ride the move toward the higher candle-range targets.
Buy Plan Altharwah Albashariyah Co. (9606 | Tadawul) 25 Dec 2025Buy Plan – Altharwah Albashariyah Co. (9606 | Tadawul)
Bias: Bullish recovery
Entry: Buy from the marked Entry Zone near the protected low.
Confirmation: Weekly close holding above the protected low with bullish reaction.
Invalidation: Weekly close below the protected low.
Targets:
Target 1: Mid-range / first resistance
Target 2: Upper Profit Taking zone (prior high)
Risk Management: Partial profit at Target 1, hold remaining position for higher target.
Simple idea: Accumulate near support, protect the low, and aim for higher timeframe upside.
Buy Plan – Saudi Cable Co. (2110 | Tadawul) 25 Dec 2025Buy Plan – Saudi Cable Co. (2110 | Tadawul)
Bias: Bullish (long-term)
Entry: Buy from the marked Entry Zone after a strong bullish monthly close.
Confirmation: Price holds above the recent swing low and forms a higher low.
Invalidation: Monthly close below the last major low.
Targets:
Target 1: First marked Profit Take zone
Target 2: Higher Profit Take zone for long-term holding
Risk Management: Take partial profit at Target 1, move stop to breakeven, hold remaining position for higher targets.
Simple idea: Accumulate Saudi Cable Co. on strength from the entry zone and hold for higher timeframe upside.
Middle East Paper Co. (1202)Price is near long-term lower trendline support.
Daily RSI ~32 → oversold (potential bounce).
EMA20 and EMA50 are above price
If price breaks EMA20, bullish momentum may pick up.
Entry: Above 22.90 - 23.10 SAR
Take Profit Targets:
TP1: 24.00 SAR
TP2: 25.30 SAR
TP3: 26.50 SAR
Stop Loss @ 22.30 SAR
If the price closes below 22.30 the bottom trend line breaks and price may go down further.
Disclaimer:
The information provided is for educational and informational purposes only. It does not constitute financial or investment advice. Trading and investing in stocks involves risk, including the possible loss of capital. Any decisions to buy, sell, or hold securities are the sole responsibility of the reader. Past performance is not indicative of future results. Always do your own research and, if necessary, consult with a licensed financial advisor before making investment decisions.
Aramco: Rebound Near Key SupportI’m looking to buy the dip and ride the trend as long as the structure stays intact as the stock is oversold and ready to bounce!
My Findings:-
Price is reacting from a strong support area. Previous support Mar 2020. Buyers stepping in, and I’m expecting a bounce toward resistance.
Entry: Above breakout 24.15 SAR
Take Profit Targets:
TP1: 24.60 SAR (near immediate resistance)
TP2: 25.50 SAR (previous support area)
TP3: 26.10-26.50 SAR (higher resistance zone)
Stop Loss @ 22.90
Disclaimer:
The information provided is for educational and informational purposes only. It does not constitute financial or investment advice. Trading and investing in stocks involves risk, including the possible loss of capital. Any decisions to buy, sell, or hold securities are the sole responsibility of the reader. Past performance is not indicative of future results. Always do your own research and, if necessary, consult with a licensed financial advisor before making investment decisions.
SRMG 4210 – BUY TRADE SET-UP | 1-Hour | 21 DEC 2025 | TCASRMG 4210 – TECH BUY TRADE SET-UP | 1-H | 21 DEC 2025 | By The Chart Alchemist
SRMG 4210 was previously in a bearish trend but has now shown strong signs of upward reversal.
After reaching a low of SAR 137, which acted as a robust support level, the stock has established a third-entry long setup.
Price structure indicates accumulation and demand absorption, supporting a continuation move.
This setup presents a high-probability bullish scenario toward the projected target levels.
Arabian Drilling Company (2381) – BUY TRADE SET-UP | TCA|21 DEC
The stock was previously in a bearish trend before entering a well-defined accumulation phase.
This accumulation structure indicates absorption of supply and strengthening demand.
Price has now broken out of the accumulation range, confirming a shift in market character.
This breakout structure suggests readiness for a sustained upward move toward higher levels.
Saudi Aramco Base Oil Company (Luberef) (2223) – BY TCA|21DEC 25
The stock was previously in a sustained downtrend that ended with a clear selling climax and stopping action.
This was followed by a strong bullish reversal, confirming a change in market character.
After rallying to SAR 96.90, price entered a pullback phase and successfully formed a higher low.
This higher-low structure signals continuation of bullish momentum toward higher projected targets.






















