UPP is been under tremendous selling pressure, for now its just taking some support at crucial demand zone that is around 0.310 zone. Still this can be very risky it can break this support area to go lower to make a new lower low. As most of the stocks in Dubai Financial Market are under selling pressure today we saw some buying coming in but this can be a short...
Trend For now upp is still on a up trend but we are seeing its under selling pressure 12th July 2023. Support area is at 0.390 area and its been holding good so far. Its been retesting the same area again and again hopefully it will hold it and push the price up. Negative Scenario If the current level is not holding then most likely we will see it coming down...
Fundamentally UPP is very weak but now its improving, but technically its in a uptrend and I think it will go higher from here slowly. Hit like & follow guys ;)
As we know fundamentally this company is not strong and is in a loss since long time, but technically this stock is at good level to go higher. I always recommend quick entry and exit in risky stocks!! hit like & follow guys ;)
dear Friends UAE Share As known #Upp Union Properties is ready to jump toward TP Line RISK/REWARD:1:15 isnt Good?
I personally have stopped trading UPP as I am not confident with the companies fundamentals. Any ways the setup is looking good for a trade. I would recommend a quick entry and exit in the stock. Hit like & follow guys ;)
Well we all know fundamentally this stock is not very strong, but technically it have showed us a buy signal today. Looks good for intraday trade, a quick entry and exit is recommended. Hit like & follow guys :)
With all the negative news around UPP this is surely in a no trading zone, avoid this stock till there is clarity about the company.
The only way i can see is down, with company in scandle and negative news around it i dont trust this stock at all. Even if it breaks the resistance i would not prefer buying it till it comes out clean. Stay away!!!
Price is trapped in a box this is also a rectangle chart pattern, we have to wait for a breakout. For now it looks like it will break to the down side this is scary!!! stay away from UPP and keep STALKING!! Hit Like & follow guys ;)
Its also in a no trading zone, even a good news last week could not hold this stock. Selling pressure is seen on all the stocks after the panic sell at the beginning of the week. As of now its in a no trading zone, let it break the resistance to enter the trade. As of now looking bearish, a good bounce from the support area around 0.285 is expected. Hit like and...
Still not in a uptrend! stay out of it. Let it close above 0.275 first. Hit like & follow guys
Its been trying hard to break the resistance it have just crossed above 200ema making it bullish it can be a beginning of a new uptrend. I can see 2 scenarios from here either it breaks the resistance and go up to hit the target or come back for a retest at the support level. A close above 0.285 will confirm bulls are in control. Hit like & follow guys ;)
Finally it made a good move to the upside, it can be a very good and profitable swing trade. Stop loss is tight and at a safe place target is huge!! after the just wait for a small retest to enter the trade. I am pretty sure after this big move some profit booking will happen during the week. As its still not confirmed if this is a real breakout or a fake...
Most of the stocks in Dubai Stock Market are just at the same place without any moves, market is waiting for some good news. Will todays news by IMF push the market to the upside? Lets wait for the breakout. Hit like & follow guys;)
I see a nice bullish candlestick pattern right at the support level. Its been falling since so long but after the news it have shown some price action and on weekly chart we can see a bullish engulfing pattern. At this level the stop loss will be very tight and target is good too. Bullish for now Entry Price : 0.260 - 0.267 Stop Loss : 0.257 Target : 0.298 Risk...
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 UPP ( DFM ) - It is time to break and Bullish
UPP is trading in a pattern as of now there are good chances it can break to the upside. If it breaks to the upside we can have a very good target at around 0.330 to 0.340 area we have to wait and watch the breakout. If you have already entered the trade hold on to it if you are still about to buy thn hold till you see a breakout of this pattern. Hit like & follow guys ;)