Fertiglobe is showing early signs of reversal, it was in a strong downtrend I didnt see any big buyers for this stock but last week we saw good volumes and its looking positive on the charts too. I think very soon it will try to retest 3.00 not to forget its a strong supply area as previously it will trying to break through but it get heavily rejected and made a...
With todays candle close we are seeing some sign of relief, but still over all the trend is to the downside, this can be a short recovery. There are good chances it can hit the resistance to make a lower low. Over all this stock is very strong and also fundamentally the company is very powerful. Due to the geopolitical scenarios our stocks are taking a beating for...
Trend Multiply is at a very crucial support zone for now that is 3.95-4.00 if this support zone is broken then we can witness more selling pressure and it can retest 3.80 area. Over all trend is still uptrend. Bulls have to flex up and show some power. Targets Strong resistance at around 4.10 zone but since multiply has spend so much of time near this zone if...
Trend Overall the trend is still positive but now its been consolidating at the top for so many days I hope its not a distribution phase of this trend. We are seeing some weakness from the bulls but still there is no confirmation yet. Chart Patterns Well we can see a consolidation happening within a tight range and at the same time we can see price is testing...
Abu Dhabi Securities Exchange is at crucial support area, it have broken the trend line which is a sign of weakness but still the up trend is intact. We need more bulls to get activated at current levels to push the market index higher. Scenario One Either market can retrace 50% of Fib level to see a rejection and come down to make lower low, this will...
This stock is starting a fresh trend, its always better to catch a trend right from the bottom. This is exactly what we are seeing. I think its ready to go higher from here. Catch it!! Hit like & follow guys ;)
Rak Properties made a good move today it was not a surprise to me I made a entry yesterday at 0.714 and I exited today at 0.746. If it drops surely it will be a buying opportunity for new and existing buyers. I will definitely buy it again if i get it at good level, stalking mode ;) Hit like & follow guys ;)
Welcome . There is a great investment opportunity in TAQA shares. With the downward channel breached. A positive candle is outside the channel. Confirm the entry of buyers strongly to the rise of the market
Surprisingly ADX stocks are not performing well for the last 2 months or so. Market can come down to retest the support level again that is around 9800. Burjeel will also be added to the index, its getting listed tomorrow so expect so high volumes. All the best to Burjeel Holdings. Hit like and follow guys ;)
Very good setup for entry right after the breakout. This stock is very heavy weighted on Abu Dhabi Stock Market it moves the sentiments of the market too. Overall very bullish and more upside momentum is expected. Hit like & follow guys;)