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Dubaistock

CLOSE YOUR POSITIONS ON EMAARDear Emirati Traders, I'm sharing with you some of the stocks you can't buy for now since there are no clear entries and it will only come you with losses. As you can notice on the chart, the market has reached the Rejection Block we have at 9.12 and now it's heading towards the LQ Pool we have at 5.8-5.56 to fill up the Liquidity. For now You close on EMAAR and wait for it to reach the LQ Pool. Don't hesitate to ask about the stocks you're holding in the comment section. Follow for more!
DFM:EMAARShort
by YassineAnalysis
EMAAR - Dubai Financial Market *****Please follow, like, and support this idea, if it helped you in anyway***** ***This is not a financial advise*** Emaar is on its way to fly high - and not thinking of looking back, It has broken the channel two time and got the rejection. On the third time with the double bottom, it might break all the resistance coming on its way. Additionally, it has also started trading as derivatives on the DFM, so buy and sell game will start Stocks holder - keep an eye for long term and the target of AED 8 is easy to attain with in 5 years of time, short term, please stay away as it will jump and retrace quickly due to derivatives pressure initially Overall, This is the heavy weight share on DFM, Chart was prepared on request from Mr. Omar
DFM:EMAARLong
by FOLLOW_PIPS
6
Still No ClarityDeyaar is been trying hard for weeks now!!! it was just trying to hold above the support level around 0.268 and today agian we saw a good closing right above the support level. The trend is still to the downside we cannot just trust 1 green candle to enter the trade unless you are trading support and resistance me as a trend trader i would like to see some more price action and enter the trade once the trend is confirmed. Keep stalking this one. Hit like & follow guys ;)
DFM:DEYAAR
by stalkstock
Air Arabia wants to fly Aviation industry is under pressure because of pandemic situation BUT as the flights are resuming now and operation starting this stock will push higher as fundamentally it will become more stronger and it is stronger. Technically it made hammer candle right at the dynamic support area which is 200 ema. Tomorrow if the market is positive this stock can go higher, nearest resistance is at 1.22 and support is at 1.17 once it crosses 1.22 more upside can be expected my first target would be 1.30. This stock is in a uptrend and making highs, I will wait for a decisive green candle tomorrow and thn take the trade to be safe. This analysis was done on the request of a trader @mkhaggag Hit like & support
DFM:AIRARABIALong
by stalkstock
UPP ---> Buy or BYEA trending stock and traded with volumes, but recently its been under tremendous pressure. Surely its in a uptrend making new highs, the news is its restructuring its debt and soon will finalize it this is the fundamental catalyst for now that is effecting this stock. Technically its witnessing selling pressure after the breakout it could not hold at the key support levels. From 0.315 to 0.322 is resistance zone as of now i have made 2 scenarios either it touch the resistance zone and come down 0.260 which is a key support area OR it breaks the resistance and make a new high again. Remember its just around 200 ema which is a dynamic support lets see if it can hold it but from the history it doesnt respect 200ema. I would not trade this one til it break 0.320 retest it and give me a buy signal to take the trade. Bearish on this one. Hit like & follow to support :)
DFM:UPPShort
by stalkstock
Damac a trending stockDamac is in lime light this days as the news about the company was taking rounds. However lets see it from technical point of view it made a huge gap up from 0.685 to 0.730 thats a huge jump it also make a day limit up during the day but it could not sustain the rally and made a long inverted hammer candle. I did not trade this as i like to stalk the stock let it give a break out and come back for retest and thn i buy it. In thursdays session it made a gap down indicating weakness as buyers were not interested at tht level and eventually it made a doji candle. Its immediate support level is around 0.710 which is not strong enuf 0.70 is strong support i would like to wait and see for the buy signal and thn enter the trade. Hit like & follow
D
by stalkstock
1
Salama whats happening??I like breakouts, but if price consolidates before making a breakout is more powerful and reliable. I was stalking this stock since long to trade, the last green candle it made that as 2 days a go was a breakout after consolidation and the close was above 200ema i was very confident this stalk would jump and it did exactly as per the plan i entered this trade at 0.534 which i think was not a correct entry as should have waited for a better entry change that was at 0.523 in the same trading session, any ways this is stock market if we are correct we make big money if we are wrong out stop loss will hit and the trade continues. Now this stock have retraced back to retest the breakout area that is 0.515 it can go up again from here bulls did to show some power here else it wil be back in the consolidation area. Interesting part is its still above the 200ema which make me bullish on this one but no sign of strength i would love to see the green candle in sundays session either a solid green candle, green doji or a green hammer candle. Hit like & follow
DFM:SALAMALong
by stalkstock