Saudi Chemical Trading Inside Rising Channel – Next Target 9.18?Price continues to respect the ascending channel.
Recent pullback found support near the bottom channel.
Buyers defended the 8.40–8.50 zone.
Break above 8.80 may open the path toward 9.18.
Invalidation below 8.20 support.
Resistance: 8.98 → 9.18
Support: 8.20
Entry: 8.50–8.60
Stop Loss: Below 8.20
TP1: 8.98
TP2: 9.18
Two Patterns can be seen!9557 Analysis
Closed at 388.20 (16-04-2026)
Two Patterns can be seen.
1. ABCD Pattern (Reversal Pattern)
2. Cup & Handle Pattern (Continuation Pattern)
In both cases, targets are on higher side towards
490 - 492 & then around 555.
If 372 is sustained, we may witness strong upside move.
It should not break 287 now.
Uptrend may Start !2285 Closed at 47.66 (04-06-2026)
Bullish Divergence appeared.
Also printed HH on daily tf; But currently around
Strong Resistance area (47 - 48).
Crossing & Sustaining this range with Good Volumes may
start its uptrend and it may hit 61 - 62.
Breaking 39 - 40 may bring more selling pressure.
Further into the Oil DepAnd now lets take a look at this ...
www.tradingview.com
So basically marked a 4 different option of trading a BUY position in the previous Aprils-May Earning Season with same 4 biggest Oil companies...
You know what a strange thing, all of the Good Earning Buy positions in Spot market gave SAME 6+% in all of the companies...
But what more important is Chevron and Exxon Mobil are still having same date of Earning Season just like 100 years ago when both of them were part of Standart oil Group Related to Rockfellers family. Another interesting part is that Take a look, right before the Earning Season, the stocks of the company went crucially UP and at the Report itself they showed a major correction market.
Now if we shall take a look at Saudi Aramco that was founded in 1930 by Standart Oil too, yes yes with same connections, so the report was at 28th of April but the impact was very classic. Company made a good report, company made money, investors bought more stocks of it, why such a huge investing ideology difference ?
Trouble in Middle East made the Sheicks make everything possible to make their main investing Toys very atractive to bring back investors who were shocked by Iran a month earlier, so what you see, is just a governmental impact to show "We are all good, come back to us..."
And the cherry on the Pie is a BP(british Petroleum) Whats up with that ?
Why does that look so... unstable ?
Since BP is the Main Beneficiary from UAE Oil resources in that Region, since Saudi Belongs to US, and UAE belongs to UK, so when a big big crisis happens in UAE BP suffers the most...
This kids are simply the reasons of what is going to be happening already in a month time...
Wanna know more ?
(Fundamental) Earning Season vs. Oil GiantsI want you kids to take a look even with a very very glean eye, at these charts...
Do they remind you of something ?
Okay let me ask you differently, do they look a like one to another ?
To me, hell yea they all do, if same to you even a bit, but to be honest Exxon and Chevron are having SEMETRIC moves the last few days, than gues what all of these lads, are selling and trading oil, you know that right ? So they do like to repeat one, of another, but why do we look at OIL moguls right now in mid June, is there something about to be happening at the middle east again ?
Well, no... The Earning Season is close.
Now, lets take a look closley at what is happening, so the last earning season was an OKAY to the Oil companies, but boys and girls something you dont want to miss is happeing right now... Last March/April, no one was pretty much ready to what happene in the middle east, you may be dead sure they are ready now. You may be sure that Oil investors and Oil companies are so ready that this July/August they about to make a big big dollar, while people around the world are in code red anxiety about the prices of pretty much everything already in October, since starting from February Oil prices are thru the roof...
You know what that means ?
All the rest of the good are next on the line to 30-40% price growth this year... EUREX:XOMF1!
MA'ADEN (1211): A possible 74 in 2 months🎯 The Setup
Saudi Arabian Mining Co. ( TADAWUL:1211 ) is hovering at a critical inflection point on the daily chart .
After a corrective phase from its 80.00 SAR peak, the price has compressed into a tight falling wedge/descending channel structure, testing a major historical accumulation zone.
Pattern: Falling Wedge / Descending Channel
Key Support Zone: 60.00 – 60.80 SAR (Major structural floor)
Immediate Trigger: 63.20 SAR (Dynamic trendline resistance)
📊 Technical Indicators Context
MACD (8, 17): Exhibiting a clear bullish divergence on the histogram. While price tested the lower boundaries, selling momentum faded (lighter red bars), signaling an exhaustion of the bears.
Volume: A defensive surge to 16.72M shares right at the channel support line, confirming institutional presence at these levels.
Algorithm Status: The custom MACD & RSI Buy Signal tool is currently on standby, awaiting the structural breakout trigger to issue the next confirmed entry.
🚀 Action Plan
We wait for a decisive daily close above the dynamic trendline to confirm the structural shift.
Entry Trigger: Daily close above 63.20 SAR
Stop Loss (SL): Daily close below 60.00 SAR
🏁 Price Targets:
63.20 (Trigger) ➔ 67.50 ➔ 68.40 (Monitor Resistance) ➔ 74.00 (Major Supply)
Jarir Marketing Co. 4190 | Weekly ChartJarir is showing a possible Cup and Handle formation on the weekly timeframe. The price has completed a rounded base and is now forming a small handle near the resistance zone around 15.45 to 15.60.
A confirmed breakout above this zone with strong volume may support further upside movement. The Fibonacci extension levels can be used as possible target areas, while failure to hold the handle support may weaken the setup.
Drayah Financial Drayah Financial 💫
Drayah Financial is gradually transforming into a broader digital financial platform with strong fintech expansion potential.
For those who still see it as “just a brokerage company,” the story today is becoming much bigger than that. 👍🏻
## Q1 2026 Results
- Operating income: SAR 228M (+9%)
- Core net profit: SAR 127M (-3%)
- Assets under custody: SAR 35B (+5%)
- Total accounts: 637K (+3%)
- Revenue growth accelerated to 43.3% vs. 37.2% previously
The company still relies heavily on:
- Trading activity
- Retail speculation
- Market commissions
However, management is clearly expanding into:
- Asset management
- Subscription-based products
- Investment solutions
This explains the strong revenue acceleration to 43.3%. 👍🏻
## Segment Breakdown
- Brokerage revenue: SAR 133M
- Special commissions income surged +54% to SAR 65M
- Asset management revenue declined -17%
Operating expenses increased by +29% mainly due to:
- Technology investments
- Marketing expansion
- D360 Bank spending 🫣
Yes, higher expenses are currently pressuring net profit margins, but these can also be viewed as future growth investments.
## D360 Bank 🤬
This project could completely transform the company long term, but success depends on:
- Serious execution
- Strong management
- Long-term strategic vision
If management succeeds, Drayah could eventually evolve into something similar to Interactive Brokers or Robinhood — but with a Saudi fintech ecosystem.
## Valuation
- Closing price: SAR 22.60
- Shares outstanding: 242.67M
- Free float: 31.54% 👍🏻
- Market cap: SAR 5.48B
### Expected Annual Profit
Quarterly profit:
SAR 127M × 4 = SAR 508M
### Forward EPS
508M / 242.67M = SAR 2.09
### Forward P/E
22.60 / 2.09 = 10.8x
## Dividend Analysis
The company announced a quarterly dividend of SAR 0.33.
Annualized dividend:
0.33 × 4 = SAR 1.32
### Dividend Yield
1.32 / 22.60 = 5.75%
### Payout Ratio
80.7M / 127M = 63.5%
## Fair Value Estimate
In my opinion, the stock still looks undervalued.
The current P/E of 10.8x does not fully reflect:
- Growth potential
- Fintech expansion
- Strong dividend profile
I believe the company deserves a valuation closer to 14–16x earnings.
Using forward EPS of SAR 2.09:
- 14x P/E → SAR 29.3
- 16x P/E → SAR 33.4
### Fair Value Range:
SAR 29–33 within a one-year horizon 😉
If D360 Bank succeeds, the stock could trade well above SAR 33+.
## Technical View
Technically, I believe the breakout starts above the SAR 23 leve
a beautiful retracement ...1321
Closed at 140 (18-12-2025)
a beautiful retracement around 105 - 107
seems to be done.
Morning Star at Support is another plus point.
However, 124 - 125 still seems to be a Good Support level.
Immediate Resistance is around 144 - 145,
It should be noted that crossing & Sustaining 177 - 178 may
lead it towards new highs around 200 & then 240s.
It should not break 100 this time , else we may witness
more selling pressure.
Saudi Aramco base oil Chart / TF: 4H Date: 23 April 2026**Weekly bullish FVG in play → market is farming higher**
Price tapped a **weekly bullish FVG**, setting a clear upside objective. After the reaction, a **4H dealing range** formed — showing accumulation, not weakness.
Inside this range, sell-side inefficiency appeared.
**When the market creates a sell-side imbalance, it naturally seeks buy-side flow to rebalance it.**
That’s why the move is expected upward — to fill that imbalance.
The setup aligns cleanly:
* HTF direction = bullish (weekly FVG)
* LTF structure = controlled dealing range
* Entry = from overlap zone (FVG + volume imbalance)
This overlap is where smart positioning happens — not chasing.
**Plan:**
Hold the buy from the overlap, let price expand out of the dealing range.
**Target:**
Minimum **2R**, with potential continuation toward higher liquidity as imbalance gets filled.






















