QNBFS Daily Technical Trader - Qatar June 13, 2016QNB Group
As we expected, the Index dropped in
yesterday’s session and could continue to
do so. The momentum is bearish on the
daily chart; the Index is moving below its
moving averages.
QNBFS Daily Technical Trader - KSA June 23, 2016QNB Group
The Index dropped marginally and it is
being squeezed between its moving
averages. That been said, we remain
cautious with a negative view unless it
breaks above the 6,700.
QNBFS Daily Technical Trader - Qatar June 13, 2016QNB Group
As we expected, the Index dropped in
yesterday’s session and could continue to
do so. The momentum is bearish on the
daily chart; the Index is moving below its
moving averages.
QNBFS Daily Technical Trader - KSA June 23, 2016QNB Group
The Index dropped marginally and it is
being squeezed between its moving
averages. That been said, we remain
cautious with a negative view unless it
breaks above the 6,700.
QNBFS Daily Technical Trader - Qatar October 12, 2016QNB Group
Technically, the Index looks positive in
the short term; it is moving above the
200SMA and just above the 100SMA. The
momentum looks positive also, based on
the MACD’s movement on both time
frames.
QNBFS Daily Technical Trader - Qatar February 08, 2017QNB Group
The Index closed lower but its intraday
chart indicates stability and probable
uptick. The reason is the possible Double-
Bottom formation seen on the 30-minute
chart.
QNBFS Daily Technical Trader - Qatar April 04, 2017QNB Group
The Index weakened and the inverse
Head and Shoulders was not confirmed
with a strong break above its neckline. As
a result, we expect weakness to continue.
QNBFS Daily Technical Trader - Qatar June 14, 2016QNB Group
The Index dropped more in the past
session; the bearish sentiment continued.
Momentum continues to be negative as
the intraday MACD moved into the
negative territory.
QNBFS Daily Technical Trader - KSA June 29, 2016QNB Group
As the Index closed up slightly and
remains in a downtrend. That been said,
positive movement in the international
markets could trickle down to the Index’s
performance in this session
QNBFS Daily Technical Trader - Qatar October 12, 2016QNB Group
Technically, the Index looks positive in
the short term; it is moving above the
200SMA and just above the 100SMA. The
momentum looks positive also, based on
the MACD’s movement on both time
frames.
QNBFS Daily Technical Trader - Qatar February 08, 2017QNB Group
The Index closed lower but its intraday
chart indicates stability and probable
uptick. The reason is the possible Double-
Bottom formation seen on the 30-minute
chart.
QNBFS Daily Technical Trader - Qatar April 04, 2017QNB Group
The Index weakened and the inverse
Head and Shoulders was not confirmed
with a strong break above its neckline. As
a result, we expect weakness to continue.
QNBFS Daily Technical Trader - Qatar June 14, 2016QNB Group
The Index dropped more in the past
session; the bearish sentiment continued.
Momentum continues to be negative as
the intraday MACD moved into the
negative territory.
QNBFS Daily Technical Trader - KSA June 29, 2016QNB Group
As the Index closed up slightly and
remains in a downtrend. That been said,
positive movement in the international
markets could trickle down to the Index’s
performance in this session
QNBFS Daily Technical Trader - KSA June 08, 2016QNB Group
The Index continued its uptick and but it
remains under the important 6,550
resistance level. The Reverse Head and
Shoulders formation has been created on
the intraday chart, and this is expected to
have positive effects in the short term.
QNBFS Daily Technical Trader - KSA June 21, 2016QNB Group
The Index has flattened in the past two
weeks. As a result technical indicators
became idle. It is important for the Index
to break above its 200SMA on the daily
chart as to be the first step for a possible
uptrend motion.
QNBFS Daily Technical Trader - KSA May 22, 2016QNB Group
The Index has been giving mixed signals. We see daily candlestick that is bearish in notion yet the intraday chart suggest possible move upwards. As a result, we say it is a wait-and-see situation.
Daily Technical Trader - KSA April 07, 2016QNB Group
The Index did not much for another day.
Market participants await further action
to make a decision on the possible
direction of the market in general.
QNBFS Daily Technical Trader - KSA July 27, 2016QNB Group
The Index has been flattish over the past
few months, resulting in flat indicators.
Only a break above the 6,550 might put
the Index in an uptick inside that range.
QNBFS Daily Technical Trader - KSA June 06, 2016QNB Group
The Index dropped again, putting more
bearish pressure on the Index. The Index
should go back above the 6,800 to be on
the safe side again, at least for the short
term.
QNBFS Daily Technical Trader - KSA June 12, 2016QNB Group
The Index created a small but vital
Evening Star Doji candlestick on the daily
chart. The doji has been positioned just
under the 200SMA and the short
downtrend line (seen in red on the daily
chart also). As a result, we expect a
possible correction from the current
levels.
QNBFS Daily Technical Trader - KSA June 27, 2016QNB Group
The Index dropped yesterday but
recovered most of its losses by the end of
the previous session. That created a
Hammer candlestick. The issue is that
this Hammer is insignificant because it
comes after a mostly flattish period. We
wait and see if the Index will break above
or below its moving averages in the
coming sessions.
QNBFS Daily Technical Trader - KSA May 12, 2016QNB Group
The Index retreated slightly but showing
a bearish setup on the intraday. That been
said, we see the short-term uptrend could
have more influence than the vs the
intraday jitters once the 6,700 is broken
upwards.
Daily Technical Trader - KSA March 27, 2016QNB Group
The Index dipped last Thursday but it is
remains in a short-term uptrend.
Although the Index is far from it, but the
most important level to maintain is above
the 6,000 points.
QNBFS Daily Technical Trader - KSA May 30, 2016QNB Group
The Index moved downwards and maybe
confirming the uptrend breach
downwards. This breach could be
confirmed by drop below 6,300. We wait
and see as we remain cautious on the
current expected direction of the market.
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Market Report October 04, 2023QNB Group
The QE Index rose 0.2% to close at 10,273.3. Gains were led by the Transportation and Consumer Goods & Services indices, gaining 1.7% and 0.1%, respectively.
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 24, 2023QNB Group
The QE Index rose 0.3% to close at 10,323.0. Gains were led by the Transportation and Industrials indices, gaining 0.8% each. Top gainers were Qatar Navigation and Al Khaleej Takaful Insurance Co., rising 3.3% and 2.0%, respectively.
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 17, 2023QNB Group
The QE Index declined 0.5% to close at 10,319.3. Losses were led by the Industrials and Consumer Goods & Services indices, falling 1.4% and 1.1%, respectively.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to
sustain its breakout above the
double-bottom formation’s
neckline and continued with
its decline into the
formation’s territory.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
This assessment plan proposal is to outline a structured approach to evaluati...
QNBFS Daily Technical Trader - KSA June 30, 2016
1. `
COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 1 of 5
Daily Technical Trader – KSA
Thursday, 30 June 2016
Today’s Coverage
Ticker Price (SAR) 1
st
Target
AICC 9.29 9.00
TASI All Share Index
Level % Ch. Vol. (mn)
Last 6,500.42 0.31 234.2
Resistance/Support
Levels 1
st
2
nd
3
rd
Resistance 6,550 6,650 6,800
Support 6,450 6,300 6,100
TASI All Share Index Commentary
Overview:
Volumes dropped further and we need to
see a strong close above 6,650 to have a
positive expectation on the short-term
trend.
Expected Resistance Level: 6,550
Expected Support Level: 6,450
TASI (Daily)
Source: Bloomberg, QNBFS Research
TASI Summary
Market Indicators 29 Jun 28 Jun %Ch.
Value (SAR bn) 4.0 4.3 -6.5
Volume (mn) 261.5 305.6 -14.4
Market Breadth 99:65 110:49 –
Saudi Equity Indices
Market Indices Close 1D% RSI
Banking 14,150.28 0.51 40.29
Petrochem 4,359.03 0.26 42.80
Cement 4,353.44 1.01 51.80
Retail 10,449.39 0.56 52.68
Energy and Utilities 6,966.66 -0.07 64.67
Agriculture and Food 7,545.94 0.52 41.81
Telecom 1,542.79 0.67 51.35
Insurance 1,265.67 0.49 47.71
Multi-Investment 2,612.90 -0.49 40.64
Industrial Invest. 6,424.70 -0.71 45.00
Building and Const. 2,072.35 0.49 55.62
RE Development 6,423.35 -0.47 63.21
Transportation 6,856.78 0.31 37.83
Media & Publishing 2,703.79 -2.11 41.50
Hotel and Tourism 9,355.76 -0.31 35.36
RSI 14 (Over Bought) From Page 3 Table
Name Close 1D% RSI
RSI 14 (Over Sold) From Page 3 Table
Name Close 1D% RSI
TASI (30min)
Source: Bloomberg, QNBFS Research
2. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 2 of 5
ARABIA INSURANCE COOPERATIVE (AICC)
Price (SAR) % Ch. Volume
Last 9.29 0.00 684,726
Resistance/Support
Levels (SAR) 1
st
2
nd
3
rd
Resistance 9.50 9.60 10.00
Support 9.20 9.00 8.73
Commentary
Overview:
The name has been correcting and
momentum (MACD) has been moving
downwards. As a result, the correction
may continue.
Expected Target Price: SAR9.00 –
SAR8.73
A price breach below SAR9.20 triggers the
sell recommendation.
(Daily)
Source: Bloomberg, QNBFS Research
(Hourly)
Source: Bloomberg, QNBFS Research
3. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 3 of 5
Intraday Fibonacci Sup/Res Levels for the Most Active in Traded Value Daily Moving Averages
Support Levels Resistance Levels
Ticker Close 3
rd
2
nd
1
st
Pivot 1
st
2
nd
3
rd
50 SMA 100 SMA 200 SMA
ADVANCED PETROCH 47.41 47.20 47.28 47.33 47.40 47.48 47.53 47.60 47.83 43.60 43.20
AL ALAMIYA COOP 28.95 28.32 28.58 28.75 29.02 29.28 29.45 29.72 30.14 30.24 41.91
AL RAJHI BANK 58.12 57.21 57.59 57.82 58.21 58.59 58.82 59.21 58.73 56.16 53.75
AL TAYYAR TRAVEL 35.96 35.25 35.56 35.75 36.05 36.36 36.55 36.85 39.34 37.81 51.32
ALANDALUS PROP 20.20 19.87 19.98 20.05 20.17 20.28 20.35 20.47 20.65 20.96 N/A
ALINMA BANK 13.12 13.07 13.09 13.10 13.12 13.14 13.15 13.17 13.56 13.38 14.02
ALINMA TOKIO MAR 18.10 17.80 17.93 18.02 18.15 18.28 18.37 18.50 19.59 19.78 19.79
ASH-SHARQIYAH 38.67 38.29 38.44 38.54 38.69 38.84 38.94 39.09 40.91 40.74 46.81
BANK AL-JAZIRA 12.91 12.60 12.70 12.76 12.85 12.95 13.01 13.10 13.29 13.33 15.01
BUPA ARABIA 140.08 138.03 138.79 139.26 140.03 140.79 141.26 142.03 136.35 124.03 118.71
CO FOR COOP 90.21 88.74 89.50 89.97 90.74 91.50 91.97 92.74 88.70 81.84 79.97
DAR AL ARKAN REA 6.62 6.41 6.50 6.56 6.66 6.75 6.81 6.91 5.65 5.28 5.71
EMAAR ECONOMIC 14.62 14.24 14.39 14.49 14.64 14.79 14.89 15.04 14.33 13.81 12.51
ETIHAD ETISALAT 27.50 27.10 27.25 27.35 27.50 27.65 27.75 27.90 28.23 27.69 27.59
JABAL OMAR DEVEL 63.24 61.58 62.44 62.97 63.83 64.69 65.22 66.08 61.08 57.81 56.71
KNOWLEDGE ECON 14.75 14.52 14.65 14.73 14.87 15.00 15.08 15.22 14.16 13.45 14.06
MALATH INSURANCE 15.23 14.44 14.77 14.97 15.29 15.62 15.82 16.14 15.55 15.03 17.52
MEDITERRANEAN 20.65 19.98 20.25 20.42 20.68 20.95 21.12 21.38 22.05 20.97 22.73
MOBILE TELECOM 7.95 7.65 7.78 7.87 8.00 8.13 8.22 8.35 8.33 7.97 8.14
NATIONAL COMM 39.99 39.66 39.82 39.91 40.06 40.22 40.31 40.46 41.62 41.12 45.32
NATIONAL SHIPPING 39.16 38.59 38.82 38.96 39.19 39.42 39.56 39.79 42.89 40.94 41.04
RABIGH REFINING 11.39 11.16 11.24 11.29 11.36 11.44 11.49 11.56 11.98 11.15 12.17
SABB TAKAFUL 24.95 24.18 24.45 24.62 24.88 25.15 25.32 25.58 26.17 25.54 29.57
SABIC 81.13 80.71 80.90 81.02 81.21 81.40 81.52 81.71 82.43 78.44 78.85
SAPTCO 13.57 13.36 13.45 13.51 13.61 13.70 13.76 13.86 13.17 12.45 14.72
SASCO 16.19 15.93 16.03 16.08 16.18 16.28 16.33 16.43 16.52 16.38 18.71
SAUDI ARABIAN MI 37.31 36.84 37.10 37.27 37.54 37.80 37.97 38.24 38.30 34.36 32.86
SAUDI CERAMIC 39.15 37.32 37.93 38.31 38.92 39.53 39.91 40.52 39.13 38.75 44.38
SAUDI GROUND 48.91 48.30 48.61 48.80 49.10 49.41 49.60 49.90 49.09 45.89 48.21
SAUDI KAYAN PETR 6.45 6.32 6.37 6.41 6.47 6.52 6.56 6.62 6.54 5.80 6.61
SAUDI PAPER MAN 12.21 12.07 12.15 12.19 12.27 12.35 12.39 12.47 13.19 13.44 15.12
SAUDI PRINTING 19.51 19.10 19.31 19.44 19.65 19.86 19.99 20.20 20.45 20.63 20.59
SAUDI RESEARCH 41.17 40.32 40.78 41.06 41.52 41.98 42.26 42.72 43.60 42.38 38.66
SAUDI TELECOM CO 64.17 63.89 63.99 64.04 64.14 64.24 64.29 64.39 63.50 64.25 64.26
SAUDI TRANSPORT 52.24 51.41 51.70 51.88 52.16 52.45 52.63 52.91 53.27 52.60 56.07
SHAMS 32.65 31.95 32.33 32.57 32.95 33.33 33.57 33.95 35.37 35.81 35.95
THIMAR 31.12 30.57 30.84 31.01 31.27 31.54 31.71 31.97 32.63 32.91 35.28
TIHAMA 32.59 31.53 32.10 32.46 33.03 33.60 33.96 34.53 35.13 36.00 33.23
Sources: Bloomberg, QNBFS Research; Note: Numbers in Italics denote moving averages that are above the given stock price
4. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 4 of 5
Definitions:
Candlestick: A chart that displays the high, low, opening and closing prices for a security in a single period. The body of the candle is made up by the opening and
the closing prices, i.e., the taller the body the greater the range between these two prices and vice versa. A colored candle denotes a closing price that is lower
than the opening price, while a white candle shows the opposite. The candlestick's shadows or wicks show the period's high and low prices and how they
compare to the opening and closing price. In general, the shape of the candle will vary upon the positions of the period's high, low, opening and closing prices.
Support: A level that could cause more buyers to step in in order to prevent the security from falling or causing the security price to head higher.
Resistance: An inverse of a support level. A resistance area or level could cause more sellers to step in in order to prevent the security from rising or causing the
security price to head lower.
SMA (Simple Moving Average): Is an arithmetic average, which calculates the average price of a security over a defined number of periods and is thus considered
a lagging indicator. SMAs used in our analysis refer to closing prices. In general, SMAs serve many purposes, such as a smoothing tool, an indicative price
direction and potential support/resistance levels.
Market Breadth: Breadth indicates the number of securities that have closed higher vs. the number of decliners in a particular exchange.
MACD (Moving Average Convergence/Divergence): Is a trading indicator, which shows changes in the strength, direction, momentum and duration of a trend in
a stock's price through a collection of three time series calculated from historical closing price data.
RSI (Relative Strength Index): Is a momentum indicator that compares a security’s price gains to its losses for a predetermined number of periods (we generally
use 14 periods). The RSI attempts to point out how a security, in relative terms, is in the overbought/oversold zone. Securities with a RSI above 70 could be
considered as overbought, and below 30 could be considered as oversold.
Pattern/Formation: Is a graphical presentation of a security’s price activity over a certain period of time. Formations come in different shapes (such as, head &
shoulders, triangles, flags, and so on). They can be used to identify potential trends, reversal of trends, price targets, entry and exit points, etc.
Fibonacci Retracements: Are horizontal lines that indicate expected areas of support/resistance for a security based on a predetermined price movement. These
levels are usually indicated by Fibonacci ratios of 23.6%, 38.2%, 50.0%, 61.8% and 100% from that particular movement.
Fibonacci Pivot and Intraday Support/Resistance: A Pivot Point is generally used to formulate expected future support/resistance levels. From the base Pivot
Point, Fibonacci multiples of the high-low differential are added to form resistance levels and subtracted to form support levels.
5. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 5 of 5
Contacts:
Zaid al-Nafoosi, CMT, CFTe Saugata Sarkar Shahan Keushgerian
Senior Research Analyst Head of Research Senior Research Analyst
Tel: (+974) 4476 6535 Tel: (+974) 4476 6534 Tel: (+974) 4476 6509
zaid.alnafoosi@qnbfs.com.qa saugata.sarkar@qnbfs.com.qa shahan.keushgerian@qnbfs.com.qa
Sahbi Kasraoui Youssef Elboghdady QNB Financial Service
Acting Head of Trading Head of Institutional Sales & Trading Contact Center: (+974) 4476 6666
Tel: (+974) 4476 6544 Tel: (+974) 4476 6542 PO Box 24025
sahbi.alkasraoui@qnbfs.com.qa youssef.elboghdady@qnbfs.com.qa Doha, Qatar
Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services. Co WLL One Person Company (“QNBFS”) a wholly-owned subsidiary of QNB SAQ (“QNB”). QNBFS is
regulated by the Qatar Financial Markets Authority and the Qatar Exchange QNB SAQ is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given
time only. It is not an offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. QNBFS accepts no
liability whatsoever for any direct or indirect losses arising from use of this report. Any investment decision should depend on the individual circumstances of the investor and be based on specifically
engaged investment advice. We therefore strongly advise potential investors to seek independent professional advice before making any investment decision. Although the information in this report
has been obtained from sources that QNBFS believes to be reliable, we have not independently verified such information and it may not be accurate or complete. QNBFS does not make any
representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. For reports dealing with Technical Analysis, expressed
opinions and/or recommendations may be different or contrary to the opinions/recommendations of QNBFS Fundamental Research as a result of depending solely on the historical technical data (price
and volume). QNBFS reserves the right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment decisions that differ significantly
from, or even contradict, the views and opinions included in this report. This report may not be reproduced in whole or in part without permission from QNBFS.