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EMAAR

Emaar Properties is showing bullish price actionDFM:EMAAR broke out supported by a bullish cross over between the 200 SMA and 50 SMA. Any pullback towards 3.26 or if the pullback extends toward 3.06 is considered a buying opportunity. Short term targets with anticipated price action are shown on the chart. 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 selling Happy Trading!
DFM:EMAARLong
by Chartoholic
Damac - Dubai Financial Properties - Stock - Crazy Bullish 📍 11+ years experience in markets 📍Professional Stock market and Forex trader 📍 Supply/Demand Zones 📍 Frequent updates 📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks 📍Real time updates KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account ⏳ 1 weak - Chart analysis THE PATTERN IS STILL IN PROCESS Healthy Correction to buy to dips Events taking place - ± 50SMA crossing the 200 sea suggest the bullish trend ±Created an another support zone between 1.10 to 1.20 can be a good buy area ± another good zone can be between .900 ± Long term target can be set at 2.86 to 3.00 ± for current month quick profit 1.50 to 1.55 can be achieved in the first few weak of jan it self ± Market will react and might retrace on each resistance zone ± HAPPY TRADING
DLong
by FOLLOW_PIPS
2
Higher HighClearly we can see its making higher highs and its in a uptrend!! Its at a solid resistance of 3.05 with todays toji candle right at the resistance level i think its due for a correction which will be healthy. A small retrancement to 2.95 to 3.00 will be good and a buying opportunity for those who have missed the trade. Emaar can also be of very good investment for long term say around till next year exhibition 2020. Its prices will keep going up as we near the exhibition. Bullish & buy the dips Hit like & follow ;)
DFM:EMAARLong
by stalkstock
Strong Support HoldsEmaar was at a very important and crucial support level which i mentioned in my previous analysis - 2.55 level. We can see some price action right at the support level. For the last 2 days its making nice big green candles infact today it opened with a gap up and came down for a small profit booking too but buyers again jumped in and pushed the price to the upside. Emaar has power to move the whole market it is big stock and it has got heavy weightage on market index. I will wait for a correction and then enter the trade. Looks very bullish for now this can be a begining of a new uptrend!! Hit like & follow guys ;)
DFM:EMAARLong
by stalkstock
Still StrugglingEmaar under pressure while aldar in abu dhabi is performing excellent. It made a breakout that was fake as it could not hold the gains and dropped back at the important support level of 2.60 if this level does not hold the next support is at 2.45 over all its looking very bearish. For it to become bullish it have to close and sustain above 2.70 no trades yes just stalking. Looks bearish for now at at a crucial support level. Hit like & follow guys to show your support;)
DFM:EMAARShort
by stalkstock
2
End of Pain??It have been falling down since important support level was broken at 2.85 we are seeing a nice hammer candle right at the support level. So is the down trend of emaar finished? not yet we want to see a confirmation, once it closes above 2.68 it will be bullish for now we keep stalking we dont need to enter the trade first let the market decide and give us a some bullish signal to take the trade. Once the resistance level of 2.86 is broken we can see a nice momentum to the upside. Hit like & follow guyes.
DFM:EMAAR
by stalkstock
2