Archive by tag: TASI technical analysisReturn
The TASI Index is currently in a strong bullish phase, as identified by Elliott Wave analysis. With Gray Wave 3 unfolding within the larger Orange Wave 3 on the daily chart, the market is positioned for further upward momentum. The invalidation level at 11756.730 serves as a key threshold to monitor for potential trend shifts.
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This article provides an in-depth Elliott Wave analysis of the TASI Index, detailing its current and projected market movements. Readers will gain insights into trading strategies, technical analysis, and future predictions that are crucial for both novice and experienced traders of the Tadawul All Share Index. By understanding the phases of the Elliott Wave, such as impulsive and corrective waves, traders can better navigate the complexities of the Saudi stock market.
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