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Uaestockmarket

More RecoverTrend Etisalat is in a strong downtrend for now, for the last 2 days we are seeing some bounce/short recovery. We cannot trust this move as this can be a correction phase of this massive drop to the downside. We wait for a proper bullish price action to take any position. Fib Level Watch out 50% Fib level area if we see rejection candles around that area it will be a added confirmation that bears are charging and bulls will have to leave the ground. For now its too risky to take any trade in this unless its quick entry and exit strategy. Hit like & follow guys ;)
ADX:EANDShort
by stalkstock
SELL ADAVIATIONDear Emirati Traders, it's been a while since I last posted about UAE Markets. On ADAVIATION, you can see that the price is heading down after pullingback twice on the sell zone and went around the resistance level we have at 7.88 before taking his way down to the level 0.5 of the pitchfork, as you can see on the chart, today the stock closed below the 0.5 level, to sell you must wait for a confirmation to get a good selling position. The comment section is all your for further questions!
ADX:ADAVIATIONShort
by YassineAnalysis
Market At Crucial LevelOver all market is bearish for now and its at a critical zone, there are 2 scenarios from here. 1) Market breaks the resistance levels of 3236.45,3282.50 & the major resistance of 3360. Market will struggle to break the resistances and come into BULL territory below 3360 market will be considered in Bear zone. 2) Market will go further down to retest 3120 which is a strong support area it can also go further down from here!! Tomorrow I am expecting it to be a Big green day hopefully but nothing bullish about it. Quick entry & exits are recommended, take your profits home!! Hit like & follow guys ;)
DFM:DFMGILong
by stalkstock