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 BUY   Alkhaleej Training & Education (TADAWUL: 4290)

Tadawul 4290 : Alkhaleej Training & Education - STOCK RECOMMENDATION

Idea BUY
Buy Range 29 – 29.75
Target 31.5 – 32
StopLoss* below 27.5
Duration 14-15 Trading Days
Potential Returns 9 – 10%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 29 – 29.75 31.5 – 32 below 27.5 14-15 Trading Days 9 – 10%

* Once the first target hit, reset the StopLoss at your buying price.

Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview and Social Media. Be assured such records are permanent and irreversible.

Tadawul 4290 : Alkhaleej Training & Education - STOCK OVERVIEW

Founded in 1992, Al Khaleej Training & Education Co. engages in the provision of training and education services for information technology, the English language, and management. It invests in the educational field, through establishing international and private schools, managing the university preparatory year and providing professional call center services to major companies.

Stock Data
TADAWUL Code 4290
Sectoral Index Consumer Services
52 Weeks High 30.3
52 Weeks Low 15.34

Tadawul 4290 : Alkhaleej Training & Education - RELATIVE STRENGTH

Relative Performance - Last 1 Year

Alkhaleej Training & Education —     TASI —

Tadawul 4290 : Alkhaleej Training & Education - TECHNICAL ANALYSIS (DAILY)

TADAWUL 4290-ALKHALEEJ TRAINING AND EDUCATION CO.-DAILY TECHNICAL ANALYSIS
Tadawul 4290 - Alkhaleej Training & Education - Technical Analysis (Daily)
  • ย There is a Rounding Bottom Pattern has been formed at the chart. With a strong green candle, price has made a breakout of that pattern and gave a sharp upside move which has brought the price to 24.5 level.
  • After a short period of consolidation, price has broken out the level and given a sharp rally of almost 5.5 points to reach at 28.5 level.
  • Back to back two Pole & Flag pattern has been formed at the chart, which clearly confirms bulls are dominating bears.
  • After the last breakout, price has touched 30 level and currently been trading above the level.

Tadawul 4290 : Alkhaleej Training & Education - RSI

Tadawul 4290 - Alkhaleej Training & Education - RSI
  • Current RSI of the stock is 66.99, which shows the strength of the trend.
  • RSI line is also in a uptrend, indicating price has no intention to come down at the moment.

Tadawul 4290 : Alkhaleej Training & Education - MA CROSS

TADAWUL 4290-ALKHALEEJ TRAINING AND EDUCATION CO.-MA CROSS
Tadawul 4290 - Alkhaleej Training & Education - MA Cross
  • Current price is trading above 10,20 SMA, generates bullish signal that can attract buyers at the moment.

Tadawul 4290 : Alkhaleej Training & Education - DMI

TADAWUL 4290-ALKHALEEJ TRAINING AND EDUCATION CO.-DMI
Tadawul 4290 - Alkhaleej Training & Education - DMI
  • ย Increasing ADX values above 20, indicates continuation of trend strength. Along with the rising ADX, and the +DI is above(or crossing) -DI indicating the long trades should be favoured.

CONCLUSION - Tadawul 4290 : Riyad Bank STOCK PRICE FORECAST

Based on our stock trading advice in Saudi Arabia, Alkhaleej Training & Education stock price target will be SAR 31.5 – SAR 32 in the next 14-15 trading sessions.

Tadawul 4290: Alkhaleej Training & Education - TRADINGVIEW POSITION UPDATE

Follow Tadawul 4290: Alkhaleej Training & Education ADVICE On Social Media

MONEY MANAGEMENT AND TRADING RULES

1)ย  Itโ€™s advisable to enter/exit in the recommended range.
2)ย  Strictly follow the StopLoss as mentioned. Honour it.
3) ย Use trailing StopLoss to retain profits.
4)ย  Diversify trading capital into our other trading recommendations.
5)ย  Risk only the money what you can afford to lose. Hedge accordingly.

Advisor / ANALYST SUMMARY

The stock trading advice is prepared by the Naranj Capital team under the guidance ofย Arijit Banerjee, CMT, CFTe. Arijit is a veteran trader and an active investor having in-depth knowledge of financial market research, advanced technical analysis, market cycle, algorithmic trading, and portfolio management. He is a Chartered Market Technician (CMT) accredited by CMT Association USA, the global authority of Technical Analysis and also has been honored as aย Certified Financial Technician (CFTe)ย by the International Federation of Technical Analysts, USA.

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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