AYYAN Investment - TADAWUL: 2140 - KSAThe stock is currently trading near the resistance level of SAR 17.40. If this level is breached, the stock is expected to target prices of SAR 18.50, followed by SAR 21. The stock has become suitable for trading after recent transactions in the last financial period, due to the anticipated financial adjustments that will be reflected in the company's upcoming Q3 financial statements.
2110Saudi Cable's current trading position below the 200-day Exponential Moving Average (EMA) suggests a bearish trend. A potential shift to a bullish outlook could occur upon maintaining levels above the 200-day EMA. There are indications of an Adam & Eve formation forming in its price action, with the neckline of this pattern situated around 81. Price action has shown rejection from this level after forming the Adam, with a potential formation of the Eve anticipated. Completion of the Eve could le
ABCD Pattern is completed around 36ABCD Pattern is completed around 36 & we can
see clear Bearish Divergences that played well.
25.90 - 26.50 can be an Immediate Support.
However, Stock is in Bearish Trend and
continuously making LL LHs. Next Good Support
can be around 22.70 - 23.30
Crossing & Sustaining 28 may lead it towards
29.50 - 30
Saudi Marketing Company (Frm Suprs) - 4006"The stock has formed a positive double-bottom pattern and is moving towards its target. Additionally, we see the potential to reach the peak in the medium term, making the current levels a buying opportunity to move towards the indicated targets on the chart."
United Electronics - 4003"The stock is considered an investment and is trading within an ascending price channel. Upon breaking the 94 SAR level, it targets 105 SAR, then 120 SAR. The fair value of the stock is estimated at around 120 SAR, with growth opportunities through the IPO of Tasheel Company."























