Climbing UPIt have started a bullish momentum and hopefully this should continue till it retests the swing high again. After bearish inside candle with todays closing scenario have changed and its bullish!!
Hit like & follow guys !!
Dubaistockmarket
Down Trend Still IntactIt could not pick up from the time of its listing. Its in a prominent down trend, today it tried to cross the resistance bot got rejected badly. For now stay away from this stock till a up trend is stablished.
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Gearing UpIts been under pressure since the time of the listing on DFM. For now we can see its trying again to go up we are seeing a double bottom chart pattern that is bullish. If we can get a entry somewhere near the neckline it will be very good else it can directly go up from last closing too.
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More HigherWith interest rates going higher banking sector will benefit a lot which will bring in more revenues. Invest in banking sector now for long term gains. Over all very bullish!!
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7 is coming soon!!Over all very bullish and even after the dividends it didnt adjust too much it means big boys and institutions are holding this stock for long term. Any dip is buying opportunity.
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Slow & SteadyStill with the same bullish trading plan hold it for the big move. Its moving up slowly and in this month it will be listed in Abu Dhabi Stock Exchange.
Over all trend have reversed and its bullish now.
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No Sign Of ReliefIt lost the chance that it had last week. Again its in a NO trading zone. Lets wait for the bulls to enter!!!
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Bullish For NowRight into the support zone we are seeing good buying pressure. Big meeting is about to take place on 10th of May if the output of the meeting is positive including positive news on limitless Deyaar will cross 0.530 very soon. We can take a chance to enter as a early bird with tight stop loss.
Hit like & follow guys;)
Positive SignsWe are seeing some signs of bulls here but still no confirmation yet. Lets wait for the break and close above 2.86 to confirm the uptrend have started. For now its in a NO Trading zone.
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Interesting & RiskyAs we know fundamentally this company is not strong and is in a loss since long time, but technically this stock is at good level to go higher. I always recommend quick entry and exit in risky stocks!!
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Did GFH Breakout TodayIts been in a range for ages now, yes its a breakout but for now its not interesting as its a range based breakout. We want to see a close above 1.24 to consider it bullish!! for now its in a no trading zone with plenty of supply. There is a news it will be getting listed in ADX soon so watch out guys.
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Will it go lowerIts been not able to hold the gains lates. Dewa stock is under pressure for now. Today it closed below the important support level. From todays closing more down side is expected. It may go down till 2.70-2.75 but overall this stock will out perform all the stocks as its very strong fundamentally and have also announced very positive dividends!! for now in a no trading zone.
Hit like & follow guys !!
Game Over?We are seeing rejection candles a 6.40 level which have become a resistance for now. If tomorrow it cross 6.25 it means we can expect more downside and it can come down to retest 6.14 zone. Over all its very bullish & dividends date is approaching too. Any dip from here is a buying opportunity.
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At crucial support levelits been under pressure for the last 4 days after making a big move to the upside. Its now at a important support level we want to see buying pressure to confirm the support level with good volumes. If this happens and we see a candle close above 2.75 W pattern will be activated and most likely this time it will cross 3. For now its in a no trading zone lets wait for a proper setup!!
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More is coming HoldonDFM have shown us solid buying pressure right near the support zone, this is what we have been waiting for since the correction started. Todays gap up was first indication that it can fly although i was not expecting this big move but yes i was expecting some positive reaction into the support zone. More IPOs are coming up DFM will benefit the most so its a very good stock to keep it in our portfolios for long term investment. Recommended!!
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Very BullI had mentioned in my last update as well Emaar is very bullish any dip is a buying opportunity. I think Emaar will soon cross 7.00
Go for it highly Reco0mmended!!
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Watchout!!Watchout a strong resistance is at 2.65 but there are good chances it will break as dividends are up and after that i will gap down. It can go down till 2.40 once the dividends are given out. Over all very bullish and in a strong uptrend. Its good time to buy but lets book the profit before the D day.
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Break or Fail?Will it break the resistance this time? its been in a range for more than 2 months now!!! as per my analysis i think its high time and it will break the resistance this time. Next target before dividend is 1.35. Looks bullish!!
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It will Hit AgainA very heavy weighted stock in Dubai Stock Market, after the dividends its very normal for the price to drop. But the most important thing after the drop is to sustain and bounce back again showing the strength in that company & stock. We are seeing similar kind of reaction from the market its trying to bounce back I think we should wait for a breakout of the sloping trend line and then trigger the trades. Over all its bullish!!
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Trying AgainIts trying again to cross the resistance of 2.40 over all its still in a uptrend all the moving averages are below the price which is bullish. If it cross the resistance of 2.40 then next target which is a solid technical resistance 2.50. Over all market is bet slow with low volumes due to the Dewa IPO as people are liquidating their position to subscribe the IPO.
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Get ReadyMajor resistance is at 4.50 and that was the target i had indicated earlier. I think Emaar had a good run after a small accumulation right at the top. I have been recommending this stock since long its very bullish even after the resistance more upside is expected.
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Where Will It GO??Its very confusing GFH is been on side ways for more than 2 months now. Big meeting is about to happen this month end hopefully if the out come is positive and everything is approved i think this stock will fly very fast. At the same time they are about to distribute dividends so naturally we will see a drop. The main thing is recovery after the drop, it should not remain flat for many days. If it recovers quickly we can see some signs that institution buying have started again. As of now its very confusing a strong resistance is at 1.23 but with a good news market can break all the major resistances.
Hit like & follow guys ;)
The BNBUSD Oscillation The BNBUSD Oscillation cycle could continue in the range of $ 350 to $ 440 over the next three to five months and then fall to $ 220-230. This fall provides an attractive opportunity for a 2-year long-term investment with a target of $ 1,200.
