Still BullishEmaar has been opening with small gap downs but its still surviving and closing positive. Its right at strong support and ready ready to fly higher from here. Catch this train!
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Emaarshareprice
Bulls are hereEmaar is now in bullish mode, buyer are active. 6.00 is strong support area for now. We can expected it to touch 6.50 slowly and steadily.
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Under PressureFor now its not looking very good as there are chances it can go further down. For now at a support level but it can hit the resistance as a bounce. Should be considered bullish ONLY when it closes above 6.00
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Watch out for a drop!!After the news Emaar have jumped but its not able to sustain the gains, it can make a violent move to the downside with a gap down expected tomorrow. If you have entered at lower levels its good time to book profit. Else wait for a bullish price action at support level. Over all trend is still intact to the upside.
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Bulls are still active!!Watch out the video if it is helpful hit like and follow for more updates :)
Trying HardIts been under pressure even after positive financial results, I think it will come down to retest the support level again. Do not rush to buy this one and get trapped. Wait for a confirmation of bullish price action. For now its in a NO trading zone.
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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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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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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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GO UP!!Still in a strong uptrend I have been recommending Emaar for a while as we can see its very bullish, above all the moving averages which is a bonus!! I think very soon it will touch 5.50 as real estate sector is booming also if we look at the fundamentals I think more money will come into real estate properties from Russia & Ukraine which will boost the prices and revenues of the company. Over all very busllish stock!
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What Next?I have been mentioning about Emaar its bullish, next resistance zone is at 5.33 to 5.40 over all Emaar is very bullish.
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To The Moon?Emaar have released their financial results, as we know its in a bullish chart pattern for now there are good chances for it to break to the upside, good for a swing trade. At the same time looking at geo tensions market can even react negative and the chart pattern can break to the down side. Tomorrow if it opens with a gap down wait for a bullish price action, if it opens flat it will be good buying opportunity, if it opens with a big gap up then wait for a retracement and buy at a bullish candle.
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Selling PressureIts going through selling pressure, real estate is not performing well in the stock market for now. This level is tested 3 times already and now its getting weaker bulls have to soon jump in to protect this level and bounce up else more downside is expected. As of now its in a no trading zone, dont try to catch a falling knife plenty of people have gone bankrupt trying to catch the bottom!
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Real Estate Under PressureOver all market is weaker, Emaar is also not performing although real estate sector have been performing well and have picked up ahead of expo2020. Its are a support zone now lets hope to see some buying pressure around this area.
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