ADNOCGAS is looking good and about to breakoutADX:ADNOCGAS is trading about 200 and 50 MA with bullish price action. Long the breakout of 3.23 AED, targets are shown on the chart. Stop daily close below 3.06 AED.
Not financial advice, only my view
ADPORTS has the potential to change trendADX:ADPORTS getting ready for a leg up and has the potential to change trend. Long to target levels shown on the chart, stop daily close below 5.03 AED.
P.S. Not financial advice, my view only!
SALIK Dubai Financial Market Forecasting SALIK show more likely positive with Low high trend up.
As the ABC correction and Fib analysis hits the A and B trend on Day frame. its give hope for moving forward up trend to hit C.
note: be sure to watch and wait the changes for correction to hit BC so you take entry for LONG to hit the next target C to take profit.
ADCB! Amazing chart!ADX:ADCB chart is amazing! More than two years of consolidation and now the stock seems to be ready to move forward. This is a long term buy and targets are higher than the levels shown on the chart, the anticipated price movement shown on the chart should unfold in the coming 6 to 12 months if the stock breaks above the level 9.31~9.4 AED. Stoploss daily close below 8.8 AED.
Empower is setting up nicely and is about to break outDFM:EMPOWER price action is promising and is about to breakout, long the break out of 1.76 AED to target levels shown on the chart. Stop loss daily close below 1.63 AED or daily close below 50 MA depending on your risk appetite.
PS: Only my view not financial advice!
Modon price action is warning of a potential bullish moveADX:MODON is set for possible bullish move. Long from the green buy zone or wait for break out above 3.9 AED level, I would place stops below 50 MA or below last swing low.
P.S. Not financial advice, my personal view only
DewaAs you see I use tools of the Fib Analysis and ABC correction with trend. I put many scenario so it will give you idea about market when goes Up or Down. I hope its goes up but who knows ^^ be prepared with risk management.
Note: all the lines its only to give you the big view of how trends goes doesn't matter of the dates and time.
Possible Scenario for Parkin on 30 mn frameThere is a chance that the price will follow the speculated blue path till reach 2.63 area and where it may bounce toward the target. It can be considered a good signal for entry with the target is around 2.73.
The scenario fails once the price closes below the (stop loss) red line 2.58.
Update on the previous scenario for Ajman Bank
There might be possibility that Ajman Bank reaches the area near the green line so it can be suitable to take quantity around the green line and sell them if the price reaches 1.81
The scenario fails once the price closes below the (stop loss) red line 1.71
Possible scenario for UppIf the W pattern is correct then there is a good chance to buy upp @0.359 or below and sell the full quantity if the price reaches 0.388 .
The scenario fails once the price closes below the (stop loss) red line 0.327
Americana Americana more likely good to buy and hold it for long period investment.
As you see the FIb shows where the discount price area to buy and shows the high price above 50% of fib as premium price which is good to sell.
Dubai FinancialAfter encountering the price resistance and selling by investors, the price has once again reached the support range and if it is taken into account by investors, the possibility of increasing the index from the specified range within 6 months to 12 months can be considered.
Sashacharkhchian
Dewa going upDewa more likely going up as showing in Day frame.
As ABC correction and with Fib shows it hit the A,B and we are witting to hit target C.
Note: Might be we see little correction on box WCL so we can Enter for LONG to continue going up to hit the target. Don't forget about your risk management.
Long long longA Clear weekly divergence Type 1
Bullish Movement is coming Soon
Share price / RSI
Also Fundamental Analysis Borouge is doing great Q/Q
ADNOCDIST is getting ready for a bull runADX:ADNOCDIST consolidated above the 50 and 200 MA for the past month creating a diamond continuation pattern and seems to be ready for a bull run soon. Anticipated price action and targets are shown on the chart, stop loss daily close below 3.55 AED.
Agthia UAE : Crossing 8 will drive the price to 9.3 then 9.8Daily chart, the stock ADX:AGTHIA is going bullish, forming an expanding rising trangle.
The stock should cross the resistance line R3 until hitting the line R1 at around 8.0
Crossing 8.0, the target can be 9.3 extendable to 9.8
Technical indicators: MACD is positive, RSI is positive but going near over-bought zone (Be careful with a near minor correction).
Consider the stop loss below the line SL
Fertiglobe will probably reverses up hello deas investors
Fertiglobe will probably reverses up if 2.65 is broken up then 3$ and at last 3.4$
so keep eyes on blue levels and fibonacchi levels in order to guide yourself on taking decision of buying.
thank you
Burjeel Abu Dhabi : Watch for a new buy entryWeekly chart, the stock ADX:BURJEEL is on a downtrend since Nov. 2023.
Yet no solid signal of a rebounce.
However, it should start as soon as the price reaches the support level of 2.11.
It can even be earlier at 2.17 as the technical indicator RSI is near "buy" zone.
A close for 2 weeks below 2.11 should be a stop loss signal.
So, the new Buy should be after a clear rebound from the support, then the targets will be 2.4, 2.6 and 2.8 extended to 3.10
SHORT TERM BUY / LONG TERM SHORTPrice has been in a flag pattern that looks like it should break to the upside but another converging triangle within the channel shows a break below the range. Putting the two patterns together shows a tight trading range first to the upside and then a continuation back down in a break and retouch fashion.
By measuring the price ranges, a break below the current low at 1.93 will drop price further to the 1.57 mark with extension to 1.26 level.
Trade safe, good luck
Long for union coop for next 2 months Enter price is 2.37
Tp for first step is 2.60
Sl is 2.24
I see good perspective for this asset.
PRICE TO TOP AT 2.45/2.48 LEVEL FOR NEXT CORRECTIONThe price action is setting up for the next leg down.
Previous tops occurred on harmonic time counts of 448 and 651 days
A time expansion of 1008 days is the next time marker to expect a change in trend
The time mark of 1008 days might not necessarily be a high, it will rather be a stronger time for an advance back if a low is made
Trade safe, goodluck
TRADING WITH TIME AND PRICEWe have a primary bear trend that ended the low at 0.501 in 681 weeks
Total points moved = ( 6.91 - 0.501) = 6.409 x 100 = 640.9 pts
Time = 681 weeks
Price = 640.9 pts
The trend from the 0.501 low is our focus where we see a projection of 252 weeks from 22/03/2020 forming a double bottom for a new bull cycle.
On the daily timeframe we have the primary low on 22/03/2020
The first high occurred at 609 days and the correction has since formed two lows at 1086 and 1587 days. From the 609 days point 1597 is a Phi expansion of time. The 1086 time will also form a Phi expansion at 1758 days which coincides with the projected 252 weeks from the primary low. This low will be the take off point for the next bull cycle.
Two conclusions from our projections are
1. Price will decline further to complete the low on the 1.06/0.969 level to complete the first lower degree wave 1
2. Price will advance higher from the low point in a wave 3 fashion advance, all long term entries should be adjusted for a buy and hold for at least 133 weeks from January 2025
Trade safe, good luck
LongIt's now clear
Say goodbye to these prices
At 6.2% yield and growing Q/Q revenu, it's seems it gonna follow the other adnoc sisters and brothers
Crossing Avarage 20,100 and 200 soon
