Skip to content
About
About Us
Reviews
Contact Us
US Stocks
Trading Advice
Trade Performance
Market Insights
Saudi Stocks
Trading Advice
Trade Performance
Market Insights
Pricing
US Stocks Advice
Saudi Stocks Advice
Blogs
Join telegram
t.me/Naranj_USA
t.me/Naranj_KSA
AR
Login
About
About Us
Reviews
Contact Us
US Stocks
Trading Advice
Trade Performance
Market Insights
Saudi Stocks
Trading Advice
Trade Performance
Market Insights
Pricing
US Stocks Advice
Saudi Stocks Advice
Blogs
Join telegram
t.me/Naranj_USA
t.me/Naranj_KSA
AR
Login
Join telegram
🇸🇦 Saudi Stock Market
t.me/Naranj_KSA
🇺🇸 USA Stock Market
t.me/Naranj_USA
العربية
العربية
العربية
العربية
العربية
العربية
العربية
العربية
العربية
العربية
العربية
Log in
About
About Us
Reviews
Contact Us
US Stocks
Trading Advice
Trade Performance
Market Insights
Saudi Stocks
Trading Advice
Trade Performance
Market Insights
Pricing
US Stocks Advice
Saudi Stocks Advice
Blogs
Join telegram
t.me/Naranj_USA
t.me/Naranj_KSA
AR
Login
About
About Us
Reviews
Contact Us
US Stocks
Trading Advice
Trade Performance
Market Insights
Saudi Stocks
Trading Advice
Trade Performance
Market Insights
Pricing
US Stocks Advice
Saudi Stocks Advice
Blogs
Join telegram
t.me/Naranj_USA
t.me/Naranj_KSA
AR
Login
Ayyan Investments: Rising momentum suggests substantial upside opportunity
Naranj Capital Research Desk
July 18, 2024
The price had been consolidating in a Rounding Bottom pattern for a while.
After breaking out, the stock price retraced and tested the breakout level.
Following that, the stock surged upwards with strong momentum and reached an all-time high near the 27 level.
Subsequently, the stock experienced a sharp rejection and dropped significantly.
A bearish Pole & Flag chart pattern emerged, indicating bearish market sentiments.
After the breakdown of that chart pattern, the stock price continued its downtrend until it reached the 15 level.
At that point, the price formed a Double Bottom pattern and recently made a breakout.
The stock price bouncing back from support suggests a potential trend reversal.
Share with
0
0
votes
Article Rating
Subscribe
Notify of
new follow-up comments
new replies to my comments
Label
Name (required)*
Email (will not be published) (required)*
Label
Name (required)*
Email (will not be published) (required)*
0
Comments
Join Our Telegram Channel for Saudi Stock Market Update
t.me/Naranj_KSA
Recent Articles
TASI Breaks Support. Is More Weakness Ahead?
Naranj Research Desk
Jul 5, 2026
TASI Just Had Its Worst Week in a Month. What Happens Next
Naranj Research Desk
Jun 28, 2026
TASI Is Climbing. But Has Anything Really Changed?
Naranj Research Desk
Jun 21, 2026
TASI Stays Range-Bound, Awaiting Its Next Move
Naranj Research Desk
Jun 14, 2026
TASI Still Lacks Direction. And That Could Be Risky
Naranj Research Desk
Jun 7, 2026
TASI Returns After Eid. A Crucial Week Begins
Naranj Research Desk
May 31, 2026
Page
1
Page
2
Page
3
Page
4
Page
5
Join Our Telegram Channel for USA Stock Analysis Update
t.me/Naranj_USA
Saudi Stock Analysis
Tadawul trade advice (A): Saudi materials stock | 5-7% target | KSA stock trading signal on 24 Aug 2026
Naranj Research Desk
Aug 24, 2026
Buy Zahrat Al Waha for Trading | Tadawul 3007 | 5-7% target | KSA stock trading picks on 24 Aug 2026
Naranj Research Desk
Aug 24, 2026
Buy Saudi Paper Manufacturing | Tadawul 2300 | 6-8% target | KSA stock trading idea on 24 Aug 2026
Naranj Research Desk
Aug 24, 2026
TASI Is Back at 11,000. This Level Could Decide the Next Move
Naranj Research Desk
Aug 23, 2026
Tadawul trade advice (B): Saudi capital goods stock | 6-7% target | KSA stock trading idea on 17 Aug 2026
Naranj Research Desk
Aug 17, 2026
Tadawul trade advice (A): Saudi utilities stock | 5-6% target | KSA stock trading signal on 17 Aug 2026
Naranj Research Desk
Aug 17, 2026
Page
1
Page
2
Page
3
Page
4
Page
5
Join Our Telegram Channel
saudi stock market
t.me/Naranj_KSA
usa stock market
t.me/Naranj_USA
Insert