Get started
**ALLIED INSURANCE – 08 Apr 2026****ALLIED INSURANCE – 08 Apr 2026** Market structure remains **strongly bearish** with continuous lower highs and lower lows. Price is currently retracing into a supply / imbalance zone, suggesting a potential continuation move. The expectation is clear: First, a **PML sweep** to grab liquidity, followed by a rejection from the zone. Once weakness confirms, the market is likely to shift back down and **target PMH liquidity below**. This remains a **50/50 scenario until confirmation**, but overall pressure is still bearish. If the zone holds, continuation toward lower liquidity becomes highly probable.
TADAWUL:8150
by Asif_Brain_Waves
4
LL/LH pattern broken - Begining of uptrend2286 recently broke LL/LH pattern. Last weekly strong candle backed by above average volume confirms bulls are taking over. Now, it has started retracement, and ideally I would expect a dip in the middle of golden pocket around 49-51 area and rebound. Just above golden pocket, there is daily EMA200 support near 52. So I will watch for reversal signs in 49-52 zone. Will have to see how price reacts when it enters the buying zone marked. Two approaches can be adapted: 1: Either take partial entry when price falls in the buying zone and wait for it to rebound. Increase the quantity when it takes support. 2: Or only take entry when it takes support and increase the quantity when it breaks resistance. overall interesting setup/trend reversal started. Proper SL can be defined based on entry approach adapted.
TADAWUL:2283Long
by ibraheeemz
TECHNICAL ANALYSIS TASI STOCK 2240📊⚗️ THE CHART ALCHEMIST – TECHNICAL ANALYSIS ⚗️📊 ━━━━━━━━━━━━━━━━━━━ Stock: Advanced Building Industries (Ticker: 2240) 📈 Technical Overview The stock previously reached a high of SAR 48, forming a double top pattern. This was followed by a sharp decline to SAR 28.8. The subsequent pullback formed a bearish flag pattern, which has now broken down, continuing the bearish trajectory. 📊 Price Path and Direction The previous price and probable price movements are shown by a series of red zigzag lines. After the peak and decline, the stock pulled back and then broke down from the bearish flag. We now expect the price to head toward SAR 32.2 (TP1), then SAR 30.0 (TP2), and ultimately SAR 28.8 (TP3). The overall direction remains bearish. 📉 Trade Implications Given this bearish structure, initiating a long position at the current price level is not recommended. Traders should wait for a positive confirmation at any of the defined target levels before considering a long entry
TADAWUL:2240Short
by THE-CHART-ALCHEMIST
Technical Analysis of ACWA Power Using the Daily EMA‑50 1. Trend Assessment: - The stock is in a "clear, well‑established downtrend". - Every rally toward the EMA‑50 is "rejected", confirming sellers are in control. - The EMA‑50 is sloping downward, which strengthens its role as resistance. This is exactly the behavior you marked with the red arrows — each touch of the EMA‑50 results in a continuation of the downtrend. 2. EMA‑50 Trading Logic (Daily Chart): Bullish Entry Conditions (Buy Signals) You only consider buying when the market shows "evidence of trend reversal", not before. A. Breakout Entry Condition: A "daily close above the EMA‑50" with a strong bullish candle. Confirmation factors: - Candle body > 60% of total range - Volume above average - EMA‑50 begins to flatten Why it matters: Because the stock has failed repeatedly at the EMA‑50, a clean breakout signals a **change of character (CHoCH)**. B. Retest Entry: After the breakout, price pulls back to retest the EMA‑50 and "holds above it". This is the safest entry in a trend reversal. 3. Bearish Signals (Sell / Exit / Short): A. Rejection at EMA‑50: This is the dominant pattern in your chart. Condition: Price rallies into EMA‑50 → forms a rejection candle (shooting star, bearish engulfing, long upper wick). Action: - Exit long positions - Enter short (if allowed) - Expect continuation of the downtrend B. Failed Breakout: If price closes above EMA‑50 but **falls back below it**, this is a "bull trap". Action: Immediate exit — trend remains bearish. 4. When Does the Trend Actually Reverse?** You need **all three**: 1. **Daily close above EMA‑50** 2. **Higher High** 3. **Higher Low** Until these appear, every rally is just a **pullback inside a downtrend**. --- Executive Summary: - EMA‑50 is acting as **strong dynamic resistance**. - Every touch = rejection → continuation of downtrend. - **No long positions** until a confirmed breakout above EMA‑50. - Best long entry: **Breakout + Retest**. - Trend reversal requires structural change, not just one candle.
TADAWUL:2082Short
by adel942
**AL Rajhi Bank (TADAWUL) – Apr 02, 2026****AL Rajhi Bank (TADAWUL) – Apr 02, 2026** **Buy Plan – SFO Setup** The weekly dealing range is now clearly formed. The plan is simple: wait for a clean breakout from this range. Once the market breaks above the structure, it signals continuation toward higher liquidity. That breakout will be the confirmation to look for buy opportunities. There is a strong probability of a fast move toward the upside after the break. However, no breakout = no trade.
TADAWUL:1120Long
by Asif_Brain_Waves
TASI: 7202 (Weekly Chart) 📉 Technical Analysis of 7202 (Weekly Chart)** 1. Overall Trend: Bearish Channel** The stock is trading inside a **descending channel**, defined by two downward‑sloping red trendlines. - Price continues to respect the **upper trendline as resistance**. - Lower trendline is acting as **dynamic support**, but price is now testing it again. - This structure indicates **persistent selling pressure** and a medium‑term downtrend. Interpretation: The trend remains bearish until the price breaks **above the upper channel line** with strong volume. --- 2. Key Support & Resistance Levels** The chart highlights two major horizontal levels: 🔻 Support: ~181.3 SAR** - Price is currently very close to this level. - Historically, this zone triggered rebounds (as shown by orange circles). - A weekly close **below 181** would be a strong bearish signal. 🔺 Resistance: ~213.4 SAR** - This is the major ceiling inside the channel. - Price has repeatedly failed to break above it. Interpretation: The stock is sitting on a **critical support**. Losing it opens the door to deeper downside. --- 3. Price Action: Strong Bearish Momentum Recent candles show: - A sharp drop (red arrow) with long bodies. - Lower highs and lower lows. - Price currently at **183.4 SAR**, very close to support. Interpretation: Sellers are in control. The stock is under heavy pressure. --- 4. RSI: Oversold Zone The RSI is around **25**, which is deeply oversold on the weekly timeframe. - Historically, RSI < 30 often leads to **short‑term bounces**. - But in strong downtrends, oversold conditions can persist. Interpretation: A technical rebound is possible, but not guaranteed unless price confirms support. --- 5. Volume & Events - Earnings and dividend markers appear, but no abnormal volume spikes. - No clear accumulation pattern visible. Interpretation: Institutional activity does not appear aggressive at this stage. --- 📌 Summary & Outlook: Bearish Factors: - Price inside a long‑term descending channel. - Trading near the lower boundary of the channel. - Strong bearish candles and momentum. - Support at 181.3 SAR is under threat. Bullish Factors: - RSI is oversold → potential for a technical bounce. - Price is near a historically strong support zone. --- 🎯 Trading Scenarios** Scenario 1 — Bullish Rebound (Needs Confirmation)** - Price holds above **181–183 SAR**. - RSI turns upward. - First target: **195 SAR** - Second target: **213 SAR (major resistance)** Scenario 2 — Bearish Breakdown** If price closes **below 181 SAR** on weekly: - Downside opens toward **170–165 SAR**. - Momentum likely accelerates. Scenario 3 — Trend Reversal (Long‑Term)** Requires: - Break above **213 SAR** - Break above the **upper channel line** - Weekly close with strong volume This would signal a shift from bearish to neutral/bullish. --- 📌 Final Assessment: The chart is **bearish**, but the stock is sitting at a **critical support** with an oversold RSI. This is a classic “decision point”: - **Hold above 181 → bounce likely** - **Break below 181 → deeper decline expected**
TADAWUL:7202Short
by adel942
Buy Plan — Rabigh Refining & Petrochemical Co.🟢 Buy Plan — Rabigh Refining & Petrochemical Co. Bias: Bullish — breakout confirmed above the previous consolidation range. Preferred Entry Zone: Wait for a pullback into the grey demand zone (≈7.3 – 7.8). Look for rejection candles or a bullish market structure shift on the Daily timeframe from this zone. Entry Confirmation: Bullish engulfing candle on Daily or Break of short-term bearish swing high + FVG formation Stop Loss: Below the grey zone (around 6.9 or under the last swing low). Targets: Target 1: 10.60 Target 2: 14.67 (HTF target) Invalidation: A daily close below 6.9 cancels the bullish setup — stay flat. Mindset: Be patient for price to retrace; don’t chase the breakout candle. Let the market come to your zone first.
TADAWUL:2380Long
by Asif_Brain_Waves
BANAN – SFO Setup: Early Signs of Reversal 1 APRIL 2026**Title:** BANAN – SFO Setup: Early Signs of Reversal **By:** Muhammad Asif (Asif Brain Waves) **Date:** 01 April 2026 Market has already swept downside liquidity and is now stabilizing. Selling pressure is weakening, and price is starting to build a base. No strong resistance nearby, which gives room for a gradual bullish move. If momentum continues, this could turn into a clean Sweep → Flip → Opposite move toward higher liquidity.
TADAWUL:4324Long
by Asif_Brain_Waves
ades holding co 2382 Bullish Expansion After Liquidity GrabBullish Expansion After Liquidity Grab By: Muhammad Asif (Asif Brain Waves) Date: 01 April 2026 Market has successfully taken the previous year’s low liquidity and shown a strong bullish reaction from that area. This kind of move often signals a shift in intent, where smart money clears the downside before driving price higher. What stands out clearly is the lack of strong resistance or meaningful points of interest on the left side. There are no major barriers that can easily push price back down, which increases the probability of a smooth and aggressive bullish expansion. The structure suggests that the downside has already been handled, and now the market is preparing for continuation. When liquidity is cleared and no opposing zones are present, price usually moves fast and clean. Expectation is simple: Momentum is shifting bullish, and the path above looks relatively open. This is not about predicting — it’s about reading what the market has already done.
TADAWUL:2382Long
by Asif_Brain_Waves
4