Page 7 | Ideas and Forecasts on Stocks — Saudi Arabia — TradingView

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)

4019 SMC Entry @ 18.3 SL- 17 TP1 - 20 TP2- 21.1 Entry reason Consolidation and falling wedge

4019 SMC Entry @ 18.16 SL- 17 TP1- 19.3 TP2- 21 Entry Reason, Simple price action. Price in consolidation and falling wedge Likely start of Bullish trend

Jarir Marketing Co. 4190 | Weekly Chart Jarir 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.

by House-of-Technicals

Parallel Channel Breakout. 2380 Analysis Closed at 15.99 (14-05-2026) Parallel Channel Breakout. Crossing & Sustaining 18 may lead it towards 20 - 22 & then parallel channel target can be around 30 with mid way resistance around 24 - 25. Breaking 11 may lead it towards channel bottom around 6 - 7.

by House-of-Technicals

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.

by Asif_Brain_Waves

Preparing for breakout after deep correction.2082, Acwa Power is in correction phase since September 2024. While it is moving in a descending channel, recent weekly candles are showing very narrow range movement. 165-175, just above the POC. A usual calm before the storm kind of situation. As it is nearing upper boundary of channel, weekly candles are showing positivity, volumes are increasing, stochastic indicator is also positive. This can be the bottom, i.e. end of long correction and a rebound from here is likely. Shouldn't close below 160 on daily TF. Immediate resistance is 194 (TP1), where as 250(TP2) is trend reversal level.

4005 National Medical Company Entry- 103.3 SL- 98.10 TP1- 110 TP2- 141 Reason for entry: Bullish divergence RSI oversold Hammer @ Daily

4002 Mouwasat Aggressive entry @ 67.75 SL- 66 TP1- 69.65 TP2- 72.55 Entry reason is gap fill and engulfing candle. Small Risk

Inverse H & S pattern appeared.2370 Analysis Closed at 32.50 (11-05-2026) Inverse H & S pattern appeared. Sustaining 32.50 - 33 may lead it towards 45 - 46. However, breaking 27 may bring more selling pressure.

by House-of-Technicals

Getting momentum.4337 Analysis Closed at 5.33 (11-05-2026) Getting momentum. Seems like breaking the immediate resistance around 5.50. Sustaining this level may start an uptrend & may lead it towards 7 initially.

by House-of-Technicals

Bullish Divergence appeared. 2200 Analysis Closed at 5.22 (25-03-2026) Getting momentum. Bullish Divergence appeared. Weekly closing above 5.10 - 5.15 would be a +ve sign. Sustaining this level may lead it towards 6.20 & then around 7.20 It should not break 4.20 this time.

by House-of-Technicals

7203 Elm Entry @ 598 SL- 539 TP1- 639 TP2- 740.5 TP3 - Open Hold for long term Reason of entry is Bullish divergence + 50% Fib level + Support level

4005 National Medical Care Entry- 115.6 SL- 107.6 TP1- 131 TP2- 156 Entry Reason; Tweezer Bottom + Engulfing Bullish Divergence + RSI over sold Bounce from support

Theeb rental (4261)It is clear that the stock has reached to the targeted level since the distribution and it will be good for investors at these levels. However, the accumulation might take time.

7010 STC - Bullish 7010 STC - Cup & handle Model Resistance 42.75 , 1st TP 44.62

Crossing 9.25 will make it more Bullish.4280 Analysis Closed at 8.55 (18-12-2025) Crossing 9.25 will make it more Bullish. Channel Top to be around 10.90 - 11 Crossing & Sustaining 11 may lead it towards 15. 5.75 - 6 is an Important Support area; however, if it breaks, it may take time to recover.

by House-of-Technicals

Stock is getting momentum Now.2222 - Saudi Arabian Oil Co. CMP 25.26 (27-01-2026) Stock is getting momentum Now. Also Beautiful Double bottom with Bullish Divergence. Crossing & Sustaining 26 will lead it to 28 - 29. It should not break 23 now. The upside momentum will continue once it sustains 29.

by House-of-Technicals

Burgrizzer expected up The pattern shows absorption process of the blue levels targeting 9.5 then around 14

3008 Long - Falling Wedge Entry- 1.93 SL- 1.4 TP1- 2.15 TP2- 3.09 Reason; Break of falling wedge to upward trend on weekly time frame Retest done.

Long Trade Idea – Eastern Cement (3080) Date: 4 May 2026 **📊 Long Trade Idea – Eastern Cement (3080)** **Date: 4 May 2026** **Bias:** Weekly structure is shifting from bearish to bullish after forming a clear **dealing range**. Price is now showing intent to expand from the lower boundary toward higher timeframe liquidity. --- **What makes this setup strong:** * Price tapped a **discount zone (FVG)** and respected it * A clear **Weekly Dealing Range** is now defined * Multiple rejections from the lows → **buyers stepping in** * Strong bullish displacement candle = **expansion phase starting** --- **Entry Logic (Aligned with your system):** * HTF POI tapped ✅ * Dealing Range formed ✅ * Now looking for **continuation toward external liquidity** **Entry Options:** * **Current:** Entry on bullish continuation after displacement * **Better:** Wait for a pullback inside the dealing range (or internal FVG), then enter on confirmation --- **Stop Loss:** * Below the dealing range low * Clean structural invalidation --- **Targets:** * **TP1:** ~ (internal structure / SFO) * **TP2:** (range high / liquidity) * **Final Target:** ~+ (external liquidity / HTF objective ❤️) --- **Risk-to-Reward:** Strong potential for **2R to 3R+**, especially with refined entry --- **Realistic Expectation:** Price will likely **pull back into the dealing range first**, maybe even give a small fake downside move, then continue higher. The clean move usually comes after that. --- **Bottom Line:** This is not just a random buy — it’s a **structured expansion trade**: HTF reaction → Dealing Range → Expansion to liquidity. Now the only job is execution, not prediction.

by Asif_Brain_Waves