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Saudi Aramco (2222)

Saudi Arabia
Currency in SAR
Disclaimer
29.95
-0.10(-0.33%)
Closed

2222 Comments

Aramco rip off lol
2222 ... 34.15
2222 has finally tripled touched 34.05 since my last post and as a rule of thumb, it will possibly break the rectangular consolidation (34.05-35.2) in the coming days. For swing traders on 5H, this is a point where we can confidently close the positions below 34 & wait for 32.00 area to re-buy and reaccumulate. Given 34.05 holds until tomorrow, we will revisit TP1=34.50, TP2=34.75 extension. Since the momentum and Fisher are on a constant decline alongside negative TI(MACD=-0.15, BBP=-0.366) & net low traded volume (1896) remains a constant pain for the short-term.
with these cuts and lower oil prices theres nothing to do then target 17
Since debut, 2222 is at a constant decline and the premium above 35.20 has undergon a severe profit-taking phase for the past weeks. What does this mean to the company is another thing but for traders, the goal is to accumulate within the rectangle 34.05 to 35.2. Break below 34.05 will put the price back to the initially envisioned price i.e. 32 while the break above 35.2 will bring us back to 35.65. Since the shares are only traded within KSA, I don't see any big volume for months until 2222 sees a daylight for an international debut. For now the momentum is to consolidate for weeks within this rectangle (5H Neutral: RSI=47, MACD=-0.2, ATR=0.24, BBP=-0.12) against 1D (Sell: RSI=46, MACD=4, ATR=0.4, BBP=-0.7).
The profit margin isn't there for intra-day or short term traders. This asset needs to spend at least 6 months in the Saudi Stock Exchange to observe people's behavior to news and the company's reaction.
Aramco should buy out "British Petroleum" BP
I guess good pick to buy for long term investment..
Move oil commod profit to Aramgo?
Very smart
just see what I said on Jan 5th 1.31PM ET
Let’s hope it’s bouncing back
Today 36??
Dragonfly doji today, going up... Let see tommorow
10% earned from what was lost 11 days earlier, not looking good, considering this happened during a line build
guys, look at the volume, increased considerably, its a bullish sign
twenties soon?!
Where is the support? sell first....
Find price for reversal
hahaha aramco lmao
this will fall like a stone with iran warns to attack persian gulf = oil prices up but no profits for aramco that ships everything true the persian gulf watch tommorow
Hey. What's going to happen to Aramco's price because of the consequences of the assassination of the Iranian general? I'm scared my money is not safe with such political tension, friends. What should I do?
Its Quiet Dangerous Actually , because the Price will be so *******to Trade .. if u cann pull up ur money just do it if the contract done .. if not yet .. lets Pray ..Hope the Good things always with Us
I sold at 34.90 ten minutes since it opened.
which broker you guys use to invest in Aramco?!
jp arabica
Good price
Lowest as 35.07. Wait to triple bottom for accomulation
Big one maybe aacom...
As expected about the IPO.. Aramco would be stuck at 35
May not be the right assumptions.
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