DFM : DIB - Trade Plan - Good Bounce at Fibonacci RetracementGood Day, Traders!
The Stock DIB at #DFM bounced twice from Golden Ratio of Fibonacci Retracement after providing dividend. This makes the golden ratio a respectable support. The stock is expected to rise from here with few corrections. We may have a profit taking opportunity. Good volumes further enforces this idea. The trade maybe taken now if not taken earlier. Below is a trade plan:
Trade Plan:
Buy: 7.00
Stop Loss: 6.42
Take Profits: 7.68 & 7.92
Happy Trading!
ADX LULU | Bullish Divergence | Possible Reversal | Trade PlanGood Day Trader!
We observe a Bullish Divergence between the last two Lower Lows. There are three scenarios:
Scenario 1: The bullish divergence will take effect and the price will rise.
Scenario 2: The price can go sideways for consolidation.
Scenario 3: The price may ignore the bullish divergence and continue to drop forming new HL and LL.
We will take positions at the breakout. Accordingly refer to the suggested trade plan.
TRADE PLAN
Buy : 1.39
Stop Loss: 1.09
Take Profit: 1.69
Risk/Reward Ratio: 1.0
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Happy Trading!
Potential Rebound on Abu Dhabi Aviation – Technical Setup Near KTechnical analysis for Abu Dhabi Aviation (ADX:ADAVIATION)
The stock is currently trading near a strong support zone between 5.48 and 5.60 AED, a level that previously triggered a sharp bullish move.
With selling momentum weakening and price stabilizing, there’s a potential for a new bounce if bullish confirmation appears.
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Key Technical Highlights:
• Fibonacci retracement from 5.48 to 6.64 shows price hovering near the 78.6% level – a classic reversal zone.
• RSI is in neutral territory, suggesting balanced momentum.
• MACD is flattening, with a possible bullish crossover building up.
• Volume Profile shows significant accumulation around 5.60 AED.
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Bullish Scenario:
If the stock breaks above 5.98 AED, this may trigger a move toward:
• 6.16 AED
• 6.40 AED
• Potential extension to 6.70 AED
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Bearish Scenario:
A confirmed break below 5.48 AED would invalidate the bullish setup.
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Disclaimer: This is not a buy or sell recommendation. This analysis is for educational and informational purposes only.
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ADX: MULTIPLY - Good Recovery, Corrections zone, Trade PlanThe stocks MULTIPLY bounced from a major resistance with bullish candles and consecutive green closing. We also observed bullish divergences in the past month.
Currently the price is in between a resistance and support zones. We saw a red candle closing today which can be a good sign. For a sustained bulls run, it is important that the price correct itself and spend some time here.
The trade plan is to enter just above the current resistance zone. Keep the stop loss at the major resistance. An earlier entry may be taken but might be risky. In this early entry keep the stop loss below the current support zone. It is suggested to keep booking profits along the bull run for the current stock.
Trade Plan:
Potential Entry: 1.91
Stop Loss: 1.56
Take Profit: 2.30
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.
Dubai Financial Market (DFM) – A New Bull Cycle Emerging?# **Dubai Financial Market (DFM) – A New Bull Cycle Emerging? 🚀📈**
If you think that Dubai Stock Market has already had hits moment, think again - the real party is just about to begin!
The Dubai Financial Market (DFM) has historically followed a **clear cyclical pattern**, with **three major market cycles** observed over the past two decades.
- **Cycle 1 (2005-2009)**: A strong bull rally followed by a deep correction.
- **Cycle 2 (2013-2015)**: Another rally that led to a sharp decline.
- **Cycle 3 (2021-2022)**: A similar structure, with a bullish phase and subsequent retracement.
## **Are We Entering Cycle 4? 🔥**
Recent price action suggests a potential **breakout above the long-term downward trendline**, a signal that a new bull cycle **could be starting.**
🚀 **This could be the start of a multi-year bull cycle!** this could signal an excellent buying opportunity.
📊 **What do you think? Are we ready for another Dubai bull market? Let me know in the comments!** 🔥📢
#DFM #DubaiStocks #StockMarket #Trading #Breakout #BullCycle #Investment 🚀
ADCB Long setup
ADCB (Abu Dhabi Commercial Bank) – 30-Minute Chart Analysis
- The price is currently in an overall uptrend forming higher highs (HH) and higher lows (HL).
- After a possible short-term correction
- The price is recently tested a key demand zone around 11.58 - 11.44 and touching the upward trend line which acts as a resistance level.
Trade Setup
- **Entry:** at **11.82 - 11.92**.
- **Stop Loss:** (Below 11.40)
- **Target:** 12.60 (next supply zone )
- **Risk-Reward Ratio:** ~1:3
TALABAT - (DFM) Potential Reversal from Demand Zone📉 TALABAT Potential Reversal from Demand Zone 🚀
The stock has been in a downtrend since its IPO, establishing an uptrend around January 5th, followed by a corrective wave starting January 21st after the previous impulsive move.
Currently, the price is testing a key demand zone (1.42 - 1.39), which was formed earlier in January. Signs of a potential trend reversal are emerging, including a break of the downward trendline.
A strong supply zone at (1.59 - 1.62) could serve as a profit target for an upward move.
This could mark the completion of Wave 2 correction within a larger uptrend. A breakout above 1.46 may signal the start of Wave 3, leading to a powerful bullish move.
Setup:
Entry: 1.42 - 1.45 (demand zone confirmation)
Stop Loss: Below 1.39 (invalidates the demand zone)
Take Profit: 1.59 - 1.62 (supply zone)
Risk-Reward Ratio: ~1:3 (ideal for a high-probability setup)
"The market is a device for transferring money from the impatient to the patient." – Warren Buffett
🚨 Disclaimer: This is not financial advice. Always do your own research and manage your risk accordingly. 🚨
Julphar (ADX) Long SetupJulphar has been in up trend since 18th Dec with a lovely 33% profit so far. The stock is making a correction now touched the upward trend line which coincides with a a 1H demand zone. this DZ has been holding for the third time, the price expected to shoot higher whenever we have 3 touch points.
Good time to enter or add to your position.
Entry ~ 1.48
Target ~ 1.63
SL ~ 1.40
Remember,
“The trend is your friend until it bends at the end.”
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Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading involves significant risk of loss. Always perform your own analysis and consult a financial advisor before making trading decisions.
ADNOC Drilling Potential Reversal from Demand ZoneADNOC Drilling bouncing from a 1H DZ, and rejected the Daily trend line, this is a good indication for upward momentum, after disappointing Earnings but positive 11% revenue higher than estimates.
Enter around 5.58 with potential target at 6 (Supply Zone)
SL 5.44 (base of the 1H demand zone and under the trend line)
Good time to jump in or add to your position.
Trade safe !
🚨 Disclaimer: This is not financial advice. Always do your own research and manage your risk accordingly. 🚨
SALIK (DFM) Wave 5 in playSALIK has undergone a significant correction of 18%, marking the conclusion of wave 4. There is now potential for wave 5 to commence, following a bounce from the Daily Demand Zone (DZ).
The 1.68 Fibonacci level indicates a target price of approximately 7.8, suggesting a potential increase of around 60%.
This could be a good opportunity to enter the market or add to your position
Alpha Dhabi ADX - Bullish RSI DivergenceAlpha Dhabi is signaling a strong bullish continuation backed by RSI divergence and Elliott Wave structure. Enter near the 12.30–12.36 zone, manage risks with stops below 11.70, and take partial profits at each TP level.
The RSI formed higher lows, while the price made lower lows, indicating momentum is shifting to the upside.
Trade Setup:
Entry: 12.36 (Bullish RSI divergence confirmation above demand zone)
Stop Loss: 11.70 (Below key demand zone, invalidates Wave 2 structure)
Take Profit Levels:
TP1: 13.00 (RRR ~1.5:1, first supply zone)
TP2: 13.50 (RRR ~2:1, strong resistance near Wave 3 target)
Stretch Target: 14.56 (RRR ~3:1, possible Wave 5 completion)
"Be fearful when others are greedy and greedy when others are fearful." — Warren Buffett
"Stick to your risk management plan and trust the structure as long as the pattern holds."
Disclaimer: This analysis is for educational purposes only and not financial advice. Always perform your own due diligence and trade responsibly. Past performance is not indicative of future results.
Dubai Taxi Company (DTC) - Possible Bullish BreakoutDubai Taxi Company (DTC) - Possible Bullish Breakout Setup 🚀
📈 Chart Pattern:
Symmetrical Triangle + Flag Formation
📢 Revenue Estimate:$626M vs $507M** (🔥 +23% QoQ Growth)
Strong earnings growth supports the bullish breakout scenario.
RSI Divergence: bullish RSI divergence supporting an upside breakout.
Flag Pattern: A bullish flag suggests a continuation toward new highs.
Trade Setup:
🟢 **Entry:** **$2.73 - $2.75** (On breakout with volume confirmation)
🎯 **Take Profit:** **$3.15** (measured move target)
❌ A **break below $2.65** invalidates the setup.
*"Markets are never wrong, only opinions are."* – Jesse Livermore
⚠️ **Disclaimer:**
This is **not financial advice.** Always conduct your own research and manage risk accordingly. Trade at your own discretion.