Technical Analysis of Talabat Holding PL (TALABAT) StockPrice Levels
Current Price: 1.41 AED
High: 1.61 AED - Low: 1.40 AED
Ask Price: 1.42 AED - Bid Price: 1.41 AED
Trend Analysis
The stock has been in a downward trend since early March, with consistent lower highs and lower lows.
A sharp drop occurred recently, pushing the price below key moving averages.
Price is trading below the Ichimoku Cloud, indicating a strong bearish momentum.
Technical Indicators
✅ Relative Strength Index (RSI)
RSI is below 30, signaling that the stock is oversold.
A potential short-term rebound could happen if buyers step in.
✅ Moving Averages
The stock is below all major moving averages, which confirms the bearish trend.
Unless it crosses above resistance levels (1.46-1.50 AED), the trend is likely to continue downward.
✅ Volume Analysis
There is a slight increase in selling volume, reinforcing the bearish pressure.
A shift in volume could indicate a trend reversal, so monitoring volume spikes is crucial.
Support and Resistance
Support Level: 1.40 AED (A break below could accelerate selling)
Resistance Levels:
1.46 AED (Short-term resistance)
1.50 AED (Stronger resistance level)
1.55-1.60 AED (Major resistance, needs strong buying pressure to break)
Recommended Approach
For short-term traders: Wait for a confirmation of a bounce before entering. If 1.40 AED holds, a small rebound to 1.46-1.50 AED is possible.
For long-term investors: Avoid buying until there’s a clear breakout above 1.50 AED with strong volume.
Stop Loss: If you are already holding, consider setting a stop-loss below 1.38 AED to manage risks.
⚠️ Risk Warning: If the price fails to hold 1.40 AED, further downside movement towards 1.35-1.30 AED may occur.
Tala
$TSLA SHORT!!!!!!Looking like $TSLA will hopefully come up to around $220.00 before taking a huge sky dive. As well can see with this daily wedge formation starting.
I doubt price will be able to make it to the top of the channel before collapsing that is why my entry target is around $220.00.
I am estimating that a horrible earnings report will send Tesla's stock down to around $100 a share. Theres a potential of earning $120 a share on this short.
Why do I think $TSLA will go down??
It's simply over valued, there cars are expensive to make, they can't make the cars fast enough or on time and Telsa has not been profitable YET! Not to mention they have a huge spending problem with there Giga factories and new acquisitions.
All of this concludes TSLA is way over valued and I am looking for a position on the Short side around $220.00.
UI | Cashflow: 8.5% on SOLAREDGERETIREMENT ACCOUNT HOLDERS
If you have this stock $SEDG NASDAQ:SEDG
Stock screener protocol is good except the earnings date falls on 2nd August. Take care of it...
Chart is looking good. Buying low as it bounce on TREND LINE. And in next few days, possible cross over of green on red and white MAs. See the chart NASDAQ:SEDG
Aug 16 18.00 call is 1.60 which is 8.5% (unassigned return) and 4.4% (assigned return)
Be Awesome
Raj
CIO
Unconventional Intelligence
Risk: Enter at your own Risk. Investment mindset differs from person to person. Method may not be suitable for your investment objectives.
Disclaimer: I don't provide investment advice, I'm entering the market with my own account.I don't try to accurate in entry, because most of the time I or my client own this stock, so we only look approximate change in trend. It is not necessary you have to do the same.