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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
EAND, timing an investment for 100% ROI in 2 years (not a trade)ADX:EAND In this post, I am featuring a multi-year investment opportunity. An opportunity to make 100% return over 2 years. This idea is for my investment account. It is for growing money steadily over time for retirement. If you are looking for a trade, then this is probably too slow for you. Etisalat is a company whose sales are 10% of the UAE’s GDP. Normally companies of that size would be very cyclical, but Etisalat’s business (not stock) is only semi cyclical. Cyclical businesses suffer when the economy takes a hit, it affects their bottom line. While the economy does affect Etisalat for sure, its impact on the business is diluted by the fact that Etisalat’s net profit margins are constant at around 19% no matter what. How could that be? You see Etisalat and Du are government approved duopolies. They have price control. This is why, they are not purely cyclical businesses. This means you can only hit their stock so hard before they ignore you and the economy. My chart above is a monthly chart. It shows the entire life of Etisalat as an exchange traded stock. It has suffered thru many price retracements throughout its life. If we look closely, we will see some interesting trends. In the early 2000s EAND took a 62% hit which corresponded with a peak-to-trough retracement to the 81% line. From there, and within 2 years, the stock moved up 96%. The stock dropped again and formed a bottom in December 2008 after declining 63% (again) from its previous high. Then from there, and within two years, the stock moved up 70%. In March 2020, EAND dropped to its 81% peak-to-trough retracement line again! but this time, the drop was only 45% in price from its peak. Then from there, and again within 2 years, Etisalat moved up a whopping 254%. And now Etisalat is doing it again. They are dropping precipitously in price from their all time high. But they are not quite there yet. My price to buy EAND at 16.34 AED, is at the 81% peak-to-trough retracement level, which also corresponds to a 58% decline for EAND from its all-time high (see circled double arrows). But if you recall, I showed above that Etisalat respects either the 81% peak-to-trough retracement level or the 62% drop from peak (which sometimes is the same level)? That is why I will average down at 14.84 AED if I get the chance (see green arrow on chart). It probably won’t happen, but this will make the investment more durable. This is called a two-tier entry. Finally note, that around my highlighted entry price, you will find the most epic moving average in all Technical Analysis. The 200 Monthly MA. This is going to be an incredible level of support! Most companies don’t have enough data to give you the opportunity to buy them at the 200 monthly MA. But Etisalat does. Not to mention that it is falling from a massive divergence (distance) to the 200 MA. Remember Etisalat will likely need a few more months to get to my price. Currently at 20 dhs, EAND is 20% away from my buy in level. But if you buy this stock at the right time, you have the chance to make a large return in a few years or you can even own a great company with a secured business into your retirement for an even larger return than holding for two years. Note, at the above entry price, dividend yield would be 10% per year. Not bad if you ask me. This is what I am doing with my money. You do you. Good luck.
ADX:EANDLong
by ConvictionTrades
2
Need Bull PowerWe saw some crazy moves in qholding , for now its taking a pause right near the strong resistance area. Last closing is not very promising we can see some sellers coming out of the bush in some volumes. At this point of time we need angry bulls to jump in are defend the territory. Price is above 200 EMA giving us good indication its in a uptrend. But now the question is..is it time for correction? Strong support at 3.50 and it have testing successfully with strong buying pressure, if it does not now 3.70 are then there are good chances it may revisit 3.50 and come back to break 3.77-3.80 zone. News Effect With the positive news hitting the market about qholding the stock price rocketed and now we expect it to sustain the gains. If we look at the lower time frame 15 mins chart we can see side ways price action this is a good sign of relief that bulls are still active else bears would have taken control already as the price is just at the perfect place to short.
QLong
by stalkstock
This is YummyFor now multiply is looking very positive , after the strong move to the upside its correcting and i think its taking a breather before it makes another violent move tot he upside. If we look at the weekly chart it have broken the range already and now it seems like its just taking a pause above the support zone. Last three candles are bullish we can see buying pressure coming in clearly indicating bull are defending zone. Once we see a solid breakou t of 3.65 with big volumes I think we will see 3.80-4.00 very soon. Multiply is very strong fundamentally with rich cash flows and its also investing in other profitable companies which will bring in moolah. Multiply is once of the top traded stock in Abu Dhabi Securities Exchange and I think very soon this stock will be above 4.00
ADX:MULTIPLYLong
by stalkstock
Any one Hurt??Fantastic performance by Rak Properties last week, over all bulls are very aggressive and without any mercy. Bears are not seeing till the end of the ocean for now. We saw huge volumes in this stock and it was top traded stock in Fridays session. I think this rally is here to stay and dip is buying opportunity for now. Real Estate Boom With the real estate market booking in the UAE, Rak is launching some amazing properties are attractive prices which is driving FDI crazy. Their revenues are jumping with the fundamentals so promising. China Effect With slow housings in China, many Chinese investors have flocked into RAK and bought properties for investments pushing the demand higher. This trend is to continue for now till we see Yuan stabilizes. Casino Effect RAK is also launching first casino in the UAE which will attract millions and millions of people into RAK, this will boost the economy and bring RAK into center of attraction. Conclusion Real Estate to continue its boom and enjoy the flow from different parts of the world. This will flourish the economy and boost revenues of real estate companies.
ADX:RAKPROPLong
by stalkstock