Good afternoon dear Saudi investors, since this week is a holiday, I said why not to share with you some quick analysis on 3 of your local markets.
As you can see here on 1120, the price kept consolidating in a channel for the last 4 months, in this case I told my customers 2 months ago not to buy it until we get a confirmation of the breakout of the channel, lately I recieved too many DMs from people who have bought in a wrong time due to bad consultation asking whether they keep their position or sell. Please before you get in a stock always make sure to have a good consultation and always make sure to buy in a safe zone.
Well, here in this case you must wait for it to break the channel it is consolidating in then you buy.
Let me know if there's any market you want me to analyze for you.
As you can see here on 1120, the price kept consolidating in a channel for the last 4 months, in this case I told my customers 2 months ago not to buy it until we get a confirmation of the breakout of the channel, lately I recieved too many DMs from people who have bought in a wrong time due to bad consultation asking whether they keep their position or sell. Please before you get in a stock always make sure to have a good consultation and always make sure to buy in a safe zone.
Well, here in this case you must wait for it to break the channel it is consolidating in then you buy.
Let me know if there's any market you want me to analyze for you.