Its comingWatch out for another big move in Deyaar very soon, i have been recommending this stock since so long, fundamentally Deyaar have improved a lot and it has also launched many projects. Surely its undervalued for now, I think prices will keep rising. Bullish stock !!
Hit like & follow guys ;)
Looks promisingEmaar should continue its upside momentum real estate sector is booming which pushing revenues higher and brining in more money for the companies. Any dip for now should be considered as buying opportunity till the time we dont see a breakdown of the trendline.
Hit like & follow guys ;)
Will it breakout Coming week?Ajmanbank is looking interesting and ready to explode coming week most likely. Fridays volume is very impressive and I think if bulls can open with a small gap up in Mondays session I think it will break out and will cross 2.50 very soon. Over all Ajmanbank is bullish.
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Corretion TimeWonderful performance today by qholding surely i didnt capture this, since i have missed it i am keeping this one in my Stalking Mode. Waiting for a dip to buy. Over all its very bullish!!
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QHOLDING Bearish TrendQHolding has been in down trend since inception
Its making LL and LH
If we focus on the performance from Nov 2022 till now its in a bear trend .
Based on Fib there is no sign of Bullish reversal . Only if it turns and go back up to 3.36 + levels then we can confirm that the high of Nov 22 will be looking like a possibility.
At the moment it has done a double bottom and only very bleak hope of a reversal
EMSTEEL doing a good recoverybut is it at a good entry point ?
It looks like its slowly moving up the ladder and at the moment at the bottom of its movement
Based on the current trend and following simple support resistance its at a good support level which has been tested multiple time and now it has room to run as predicted in the chart
good price to buyqgoing down since the share can only be traded with current shareholders
as promised by board 8 months to open trading to all investors ( 4onths passed and 4 to go) once done plus dividend announcement expect the share to jump to 7-10 AED per share
solid company with many assets / malls and already making a lot of profit
drop will counties till first announcement of dividends
Dana the king of repetitions As you can see on the long daily chart, usually after golden cross Dana would retreat back under the long term line as a false breakthrough, if you are long time investor ride the rocket and wait at least 2 years to get the peak, but worthy.
The high return dividend plus the expansion in their fields are all positive signs
Strong tightness Al ansari has a strong tightness “consolidation at max”
The stock at the IPO promised minimum 8 fils “please refer to IPO announcement “
Which mean 6.6% at today price.
Hourly chart shows bottoming, plus low volume “ Wyckoff Volume Spread Analysis”
Which mean a change in the direction could be in the sky.
Good luck to all
NMDC, ADC, accumulating to target 36NMDC , ADX, Abu Dhabi
On the daily chart, the stock is building a support in the zone 18 - 21
Once the 21 level is crossed with high volume, the uptrend will be targeting 36, passing through some resistance levels as shown on the chart.
The technical indicators RSI and MACD are positive to start buying gradually while monitoring the breakout of 21.
Stop loss at 18 - 17 to be considered.
EAND, ADX, to test support line at 20.8 and rebound to 23.3EAND , AbuDhabi,
On the daily chart, the stock is moving down towards the bottom channel support line, at 20.9 - 20.8
The buying power should appear at this level, to rebound to 23.3, build support, then target 25.4
Above 25.4 with large volume will push the stock to target 29.6
Note: STOP loss at the bottom support red line with 2-3% buffer or high volume.
Get ReadyBayanat is now looking very bullish, support is confirmed today with good volumes. I want to see tomorrow a small gap up opening and its ready to fly. Overall its a bullish stock now go for it.
Hit like & follow guys;)
Make or Break?Invictus is in a strong established downtrend, for now i am seeing some signs of bull joining in at current levels but still its too early to conclude. It should break the immediate resistance first and then the long term trendline that is acting as a resistance.
Once the above is done we can say invictus is now in bulls territory, for now put this stock in "Stalking" mode and pull the trigger at the right time.
Hit like & follow guys ;)
AGHTHIA price action is promisingADX:AGTHIA is maintaining its uptrend and seems to be ready for another leg up. Todays close above 5 AED was positive although the break happened in the auction period only. If the stocks holds above 5 AED, long to target levels shown on the chart. Stop loss daily close below 4.8 AED.