4070 – Tihama Advertising & Public Relations
Entry: 15.93 SAR
Target: 16.85 SAR (≈ 5% in 40 days)
Stop Loss: 15.62 SAR
Risk-Reward Ratio: ~3.0
Trend Analysis:
Weekly trend: Bearish
Monthly trend: Bearish
Current price action suggests we are in an accumulation zone, with the market likely to remain range-bound before any breakout.
Trade Outlook:
This is not an A+ quality setup — it carries higher risk. However, it still holds potential if executed carefully. For those willing to take the risk, ensure your entry is made on a retracement back to the 15.93 level to maintain favorable risk-reward.
Entry: 15.93 SAR
Target: 16.85 SAR (≈ 5% in 40 days)
Stop Loss: 15.62 SAR
Risk-Reward Ratio: ~3.0
Trend Analysis:
Weekly trend: Bearish
Monthly trend: Bearish
Current price action suggests we are in an accumulation zone, with the market likely to remain range-bound before any breakout.
Trade Outlook:
This is not an A+ quality setup — it carries higher risk. However, it still holds potential if executed carefully. For those willing to take the risk, ensure your entry is made on a retracement back to the 15.93 level to maintain favorable risk-reward.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.