Last week was not very good for Emaar Properties, selling pressure was seen almost through out the week. With important support level broken its looking weaker. Immediate support is at 4.05 and resistance is now at 4.15 we can see 2 possible scenarios from here, First it may come down to retest a strong support at 4.00 or it moves updates from the last closing....
A very high weighted stock like Emaar is under pressure and is pushing down the whole real estate sector. International markets are surely getting the negative effect from the Chinese real estate company that is almost about to collapse. With some recovery seen in the international markets today lets hope to see some stability in Dubai Stock Market as well. Emaar...
DFM:DFM formed a flag pattern after achieving the ascending triangle target and is expected to post further gains. Anticipated price action and targets are shown on the chart, stop loss daily close below 1.09. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or...
Note : If you have any questions, feel free to send me message Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good...
It made a good run to the upside very bullish and after the breakout of bullish pattern it made a new high. We can see a bearish candle in last trading session it can come down for a retest. However if it wants to go more high we should see a bullish candle tomorrow as a confirmation. Over all in a uptrend. Hit like & follow guys ;)
Seems like DFM:DU is forming a triangle and so we could be seeing some big moves coming from it soon enough. We're currently waiting for the triangle to fill out and then can expect some movement in the market. Looks bullish at the moment since it is testing the 50 RSI and the MACD is clearly bullish We could be seeing highs of : 7.02 or lows of : 6.47 Please...
Seems like DFM:EMAARMALLS could be seeing a breakout soon. Just waiting on the triangle to be filled out. Expect some action within the next few days. Looks bullish with a 50+ RSI and a MACD above the neutral line. Potential high: 2.15 Potential low: 1.81 Do leave a like and comment for more Technical Analysis on more Stocks/Cryptocurrencies :) (Not...
Those 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 Hit like & follow guys :)
Emaar Malls have made some good move with good price action and ready to go more up with pull backs, wait for a pull back and enter the trade this looks bullish for now. Hit like & follow guys ;)
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!! Hit like & follow guys ;)
This is a falling knife do not try to catch it, wait for a confirmation and thn trade. As of now in a down trend!! stay away from this one for now. Hit like & follow guys ;)
I am still not confident as the breakout candle is very weak, i would like to see the strong decisive candle to enter the trade. If this resistance is broken let it retest with a bullish candle to confirm the buy!!! Keep this in your watchlist to act fast. Hit like & follow guys ;)
I was expecting a bounce in todays session unfortunately Emaar didnt perform at all and we see a closing in RED. Bearish and at a crucial support level. Lets see if it can break or hold here. Hit like & follow guys :)
It looks like emaar is playing out as per the plan, can you see doji right at support? is it time to buy? No !! wait for a confirmation candle and price action to confirm the uptrend and then go for it. For now wait and watch game. Hit like & follow guys ;)
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction EMAAR (DFM) - Prepare to Bullish
Most of the stock in dubai stock market are coming back for a retest which is a good buying opportunity. Emaar is coming down for a retest at a important level and we can by this stock if we had previously missed the breakout. Check out the trade plan below Entry : 3.60 to 3.64 Stop Loss : 3.50 Target : 4.15 Risk/Reward : 4.45
Emaar is developing a bullish candlestick pattern if tomorrow it opens positive and closes green this is scenario 1 else we go down to strong support area near 3.65 levels. Over all in a uptrend but due to covid market is pushing down. Hit like & follow guys ;)
A nice pin bar right at the support indicating buyers are activated in that area and pushing the price upside also today with a solid green candle we can have a confirmation that new or fresh buying have started after the profit booking. Over all very bullish!!! Hit like & follow guys ;)