Bigger PictureIts nicely trending to the upside, last week it have just closed and almost crossed the resistance. I think it will make a big move very soon to the upside. Very Bullish!!!
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Dubaistockmarket
Last Chance!!Its still in a up trend but for the last 2 days its been making bearish candles if it does not hold here on go up we can see it coming down at the support level for a retest. Else we can see a new high soon. Interesting point here is the volumes have declined in last week after it made a high. Does it mean weak hands exiting the trade? big boys still holding it?? Over all its still bullish!
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How Many More Times????Will it break this resistance area?? its a strong resistance area and have been rejected so many times. I hope it will break this time we can expect a bullish cup and handle pattern to form and hopefully this time it should break the strong resistance. Its very important for it to hold above 0.30 else it can again drop to 0.290 area. Need some strong bull power!!!
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Trying HardStill in a downtrend and its trying hard to push up. As of now its just in a small range and we should soon see a breakout on either sides good chances of upside though. Not a very interesting stock as of now till it confirms the trend/breakout.
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Bulls are hereIt is in a uptrend and trying to go further high yes its near the resistance we can soon see 1.60 if the market is positive. Emaar should move higher to take real estate stocks more higher.
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Need Strong BullsIts been trying hard to break the resistance it have just crossed above 200ema making it bullish it can be a beginning of a new uptrend. I can see 2 scenarios from here either it breaks the resistance and go up to hit the target or come back for a retest at the support level. A close above 0.285 will confirm bulls are in control.
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Bearish Divergence??Today market tried to push up but could not and have closed in a doji candle RSI is moving down where are the market is slightly up, it can be a bearish divergence still the trend is bullish!! 3000 soon:)
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Uptrend Still IntactThose who are thinking emaar have started downtrend are wrong!! its still in a uptrend yes it have broken the support level today but its approaching a major support area. I am very positive it will bounce near the strong support area. Bullish
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Still Very BullishDubai stock market have been performing very good and in a strong up trend, we can see correction happening for the last few days support around 2880 area and a stronger support at 2730. Very soon we will see 3000!!
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Getting Ready...FIRE!!!Watchout this stock will soon make a breakout most likely to the upside. Risk to reward is very good and its a good time for entry! its surely bullish..thank me later ;)
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Book Profits!!It have made a nice run and achieved the target already! its time to book the profit now as it will come down soon any time.
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Slow and SteadyAfter the breakout for the triangle pattern its been just steady and holding around the same area. I am still holding this trade and will exit around my third target. This one is a kinda short term investment. BULLISH!!
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When will it cross?Its getting rejected again and again from the same resistance area, it means resistance is getting weaker and weaker. For it to become bullish we want to see a good closing above the resistance area with good volumes. UPP and DEYAAR usually follow each other, UPP have made a breakout already we wait for deyaar now. It can also break to the down side, let hope the breakout is bullish!!
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Breakout & watchoutFinally it made a good move to the upside, it can be a very good and profitable swing trade. Stop loss is tight and at a safe place target is huge!! after the just wait for a small retest to enter the trade. I am pretty sure after this big move some profit booking will happen during the week. As its still not confirmed if this is a real breakout or a fake breakout!!! After a succesful retest enter the trade.
Entry : 0.274 to .276 area
Stop Loss : .266
Target : .297 & .320
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Nice Bull Run!!!During the month of Ramadan market didnt make any major moves but it have maintained the uptrend which is very good. Yes thin volumes in the market as many big players dont trade in Ramadan, market is breaking the resistance areas and making highs next strong resistance is at 2725 area i am sure market will not break it in one go it will come back for a correction/retracement and then it will break the resistance to make a new high. Market is very buyllish for now !!!
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Bullish Pattern BreakoutA very nice pole & flag pattern is identified on weekly chart, with todays closing we can see a breakout. If this holds and we close this week in green there is a high potential of this stock going hi till 0.777 area. Very bullish!!
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Good Swing TradeNice for swing traders good target means good profit, its just near the resistance for so many days now. Once it breaks out we can enter the trade. Looks very bullish!!
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Almost Getting ReadyGood setup is just about to come we want to see one more green candle crossing the resistance with good volume and we can target the swing high.
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Breakout!!It was trading in a range for so many days finally it broke to the upside if this is a genuine breakout let it come back for a retest and show us some bull power so that we can buy this, we have seen previously it breaks out and again comes back in the range so lets wait for a confirmation and then enter the trade.
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Bullish!!Emaar made good moves last week after consolidating in tight range. It have broken the resistance as well nice entry if you have already bought it if you have missed this one wait for a pull back and take the entry. Looks bullish now!!
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No Rush!!It have just closed at the resistance line, i am waiting for a clear breakout and a retest of the same area to enter the trade. We can target good risk to reward lets just wait for the correct setup.
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I am waiting for youFinally it broke the resistance i want to buy this stock in good quantity, i am waiting for a retest/correction, i want the price to come down and give a bullish signal to enter the trade. I will enter around the resistance area which now should act as a support area. Looking very bullish for now. Grab this one !!
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