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Adxmultiply

Reversal is hereMultiply is in a strong down trend for ages now, people are tired to see it RED on daily basis although its one of the top traded stock with solid fundamentals but still its struggling. For now we can see some fresh signs of reversal right at 2.45 area still this is not a uptrend there are chances it may hit the resistance get rejected and go below 2.45 I am expecting a double bottom chart pattern once it hits the resistance and comes back for a correction. For now early bird entries can be planned with quick exits for short term gains. Hit like & follow guys ;)
ADX:MULTIPLYLong
by stalkstock
1
Can start a trendThere are good chances from current level multiply can start a new trend to the upside, if geopolitical scenarios are settled this stock can rally very quickly specially after disclosing there positive financial results this stock didn't perform due to the same reason but with todays closing we are getting some sort of indication that buyers are again getting activated. Although this can be a short recovery, i am expecting it to go a bit higher from current level and then come down from a small correction to start a fresh trend to the upside. Hit like & follow guys ;)
ADX:MULTIPLYLong
by stalkstock
Do or DieTrend 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 we see buying pressure again then there is high probability that it will cross 4.20 with ease. Hit like & follow guys ;)
ADX:MULTIPLYLong
by stalkstock
ReadyyaahhTrend Multiply is on a strong uptrend and I think it will take a small break before breaking the next hurdle. Either it can come down to retest the immediate support or it will continue to go up from current level. Weekly closing is very bullish and i am expecting a continuation of this trend to the upside. Targets I think next resistance area is around 4.10-4.15 zone lets be prepared to book some profits in that zone and wait for a price action to plan new entries. Hit like & follow guys ;)
ADX:MULTIPLYLong
by stalkstock
This is YummyFor now multiply is looking very positive , after the strong move to the upside its correcting and i think its taking a breather before it makes another violent move tot he upside. If we look at the weekly chart it have broken the range already and now it seems like its just taking a pause above the support zone. Last three candles are bullish we can see buying pressure coming in clearly indicating bull are defending zone. Once we see a solid breakou t of 3.65 with big volumes I think we will see 3.80-4.00 very soon. Multiply is very strong fundamentally with rich cash flows and its also investing in other profitable companies which will bring in moolah. Multiply is once of the top traded stock in Abu Dhabi Securities Exchange and I think very soon this stock will be above 4.00
ADX:MULTIPLYLong
by stalkstock