DeyaarIn my opinion, Deyaar has completed a full cycle 1-5 with ABC Correction
and it is time to start a new cycle
The next objective is Ranging from 50 - 52
"Please Keep in your mind this is not a recommendation to buy or sell"
Go Salik !!If we compare the last 3 IPOs that is Dewa, Tecom, Union Coop. Salik is performing very well infact it started to recover in just 3 days after the listing. Its at a support level now and if tomorrow market is positive and if it opens flat or with a small gap up I think we will see buying momentum but incase if it opens with a gap down stay out of it till we see another buying signal.
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forecasting ABU DHABI SIP BUILDING,WEEKLY chartHello to all investors, according to my previous studies and according to my experience as a trader, I see a good investment opportunity with a high probability of success, the details are reflected in the graph
Deyaar - Two pathways 0.44 will decide which one to go Deyaar - Two pathways 0.44 will decide which one to go
breaking 0.44 mean going short pathway (Long way down to 0.32)
Rebounding from 0.444 mean going Th e Long green pathway
Personally, I do believe the green is stronger as the company already recorded 1.5 fils profit per share for the First Half
and they are expected to have 2.5 - 2 fils depending on the last two years' performance which means they may distribute dividends for the first time ever without limitless issue
today value at 46 fils is the same as 37 fils before the split of the shares DFM:DEYAAR
This not a recommendation for buying or selling any stock
Good luck to all
forecasting DANA GAS in dayli chartHello to all investors, according to my previous studies and according to my experience as a trader, I see a good investment opportunity with a high probability of success, the details are reflected in the graph
Ready to go up?Back to support zone, need some buying pressure but can be good if it opens with a small gap up. Quick entry and exit is recommended on this one.
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New ListingThis stock got listed without IPO people are ready to buy this one and more upside is expected. Ride this one!!
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Under PressureFor now its not looking very good as there are chances it can go further down. For now at a support level but it can hit the resistance as a bounce. Should be considered bullish ONLY when it closes above 6.00
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My FAVORITE STOCKIt have become one of my favorite stock in ADX, I think from here it is ready to go here provided market sentiments are not negative tomorrow.
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Dubai's Salik begins debut trading on DFM at $0.65 The public offering of Dubai's Salik, which raised 3.735 billion UAE dirhams ($1.017 billion), started today at 2.40 UAE dirhams ($0.65) per share. It is up 20% from its IPO price.
The company's IPO was over-subscribed by 49 times. It also announced that it would allocate a minimum of 1,000 shares to its subscribers in the first and second batches.
In the first five minutes of trading, Salik's volumes exceeded 85 million shares. This was due to the heavy buying by retail investors, who were able to surpass their subscriptions. After five minutes, the stock was trading at around 2.27, up 13 percent. On the other hand, the other DFM counters, such as DEWA, were almost flat.
Salik volumes easily crossed 100 million by 10:10AM Dubai time, it's believed that it could easily reach 200 million shares.
Now, the total traded value of Salik's shares is around Dh414 million. Based on the current volume, it is believed that the company is poised to become the biggest traded IPO of the year on a listing day.
If the market's expectations are met, it will be a remarkable achievement for the Dubai government, which has been aggressively pursuing its efforts to monetise its assets. The strong debut of Salik shows that the country's financial assets are still regarded as top-notch.
BEARISH DIVERGENCE IN FORMATION ON W EMAARThe Fundamentals are easy stocks are going down on nervousness related interest rate movements.
The Technicals suggest a bearish divergence in formation that would yield a movement downward.
So confluence can take EMAAR til 4.98 or 4.1
forecasting NDMS STOCK in dayli chart hello friends I tell you my forecast in daily time frame.
the NDMS stock is in a bullish trend since 2021 more or less or before, but in the last few months it entered a lateral phase that indicates a bullish distribution, if you are in buy I recommend that you exit the position when breaking the level 24.05, and if it is not in any position I still recommend entering short after breaking 24.05 and pulling back.
Ready Again?Is it a false breakout or we are ready to go higher from here. I would be more confident if it breaks and closes above 0.60 but can be bought in small quantity at current levels.
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SHUAA Capital is showing bullish price actionDFM:SHUAA is set to target 0.739 - 0.75 AED and then 0.8 - 0.82 AED once it breaks out above 0.66 AED. Stop level daily close below 0.57 AED.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Good PotentialThis is one of my favorite stock in ADX and i think from here its ready to go higher. Very bullish!!
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The Storm Is COMINGWatch out this stock very closely in other words stalk this stock, it will make very big move very soon. Any bullish momentum is buying opportunity from now.
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Get Set go GO!!!I think Invictus is now ready for the move, if market will be positive coming week this stock will outperform. Watch out for this one and enter at the right time before it goes away!!
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Not ConfidentI was expecting atleast 50% recovery of the red candle that it made in Mondays session, for now i am not confident with this move.
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Range Based Its been in this range for so many days although it was looking very promise earlier i was expecting a breakout to the upside but for the last 3 to 4 days we are just seeing selling pressure. This is a good place for the buyers to protect this support area. Hopefully we should see buying momentum from here else we going south.
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Retest 348?There are good chances if it survives at current level. Buyers will accumulate here and then push the price higher. Over all this stock is in a strong uptrend.
Hit like & follow guys;)
