GFH LongAfter breaking the triangle >> the first target would be 1.35 AED
Followed by the second target of 1.7 - 1.8 AED
This can be achieved specially iF GFH got the approval for the Dual trading on ADX
Positive SignsWe are seeing some signs of bulls here but still no confirmation yet. Lets wait for the break and close above 2.86 to confirm the uptrend have started. For now its in a NO Trading zone.
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Gap Fill Its been performing very well and its in a strong uptrend. It will fill up the gap that it created very soon which is around 1.35-1.40 zone also earnings are up and mostly the results are positive thats why big boys are buying in bulk. Lets join them highly recommended!!
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Interesting & RiskyAs we know fundamentally this company is not strong and is in a loss since long time, but technically this stock is at good level to go higher. I always recommend quick entry and exit in risky stocks!!
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Did GFH Breakout TodayIts been in a range for ages now, yes its a breakout but for now its not interesting as its a range based breakout. We want to see a close above 1.24 to consider it bullish!! for now its in a no trading zone with plenty of supply. There is a news it will be getting listed in ADX soon so watch out guys.
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DFM Long. ThoughtsDFM seems to be developing a cup and handle, more visible in higher time frame., or what.
Hope this bounces upward. hope that the war/Covid/int rates won't let the bears win.
Will it go lowerIts been not able to hold the gains lates. Dewa stock is under pressure for now. Today it closed below the important support level. From todays closing more down side is expected. It may go down till 2.70-2.75 but overall this stock will out perform all the stocks as its very strong fundamentally and have also announced very positive dividends!! for now in a no trading zone.
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Game Over?We are seeing rejection candles a 6.40 level which have become a resistance for now. If tomorrow it cross 6.25 it means we can expect more downside and it can come down to retest 6.14 zone. Over all its very bullish & dividends date is approaching too. Any dip from here is a buying opportunity.
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At crucial support levelits been under pressure for the last 4 days after making a big move to the upside. Its now at a important support level we want to see buying pressure to confirm the support level with good volumes. If this happens and we see a candle close above 2.75 W pattern will be activated and most likely this time it will cross 3. For now its in a no trading zone lets wait for a proper setup!!
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Confusion ModeLooking at the fundamentals its very strong, it opened with a bang but as of now its under correction mode as still we can see profit booking in play. There are 3 scenario from here either we see a green candle tomorrow to confirm a bullish price action or it will come down to retest 2.75 zone again or it will break the support to go down further to touch 2.60 what ever the case might be over all this stock is a must in our portfolios. If you can grab at lowers levels and hold it you will smile later.
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More is coming HoldonDFM have shown us solid buying pressure right near the support zone, this is what we have been waiting for since the correction started. Todays gap up was first indication that it can fly although i was not expecting this big move but yes i was expecting some positive reaction into the support zone. More IPOs are coming up DFM will benefit the most so its a very good stock to keep it in our portfolios for long term investment. Recommended!!
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Very BullI had mentioned in my last update as well Emaar is very bullish any dip is a buying opportunity. I think Emaar will soon cross 7.00
Go for it highly Reco0mmended!!
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Good To Fly AgainMost likely we can see another rally to the upside its at a good support level a good buying pressure will add another confirmation to our trade idea. For now 20 day moving average is acting as support also golden ration of FIb level is giving us a go ahead. Time to STALK this STOCK very closely.
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Fantastic Bull RunIts been on a solid bull run without any proper correction i think its now time to book the profits as correction is due. Over all this stock is now very strong fundamentally as covid restrictions are now eased which means more revenues for the company.
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Moreits in a strong uptrend after the dividends it have corrected itself and again going for a new bull run. I think soon it will cross the previous high and touch 7.00 over all this stock is very bullish and highly recommended to be in your portfolio.
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Not Able To CrossIts been trying hard to cross the resistance of 0.500 but unsuccessful, its now in a correction mode of the strong upside move that started from 0.430 zone. Well if the support that is around 0.480-0.470 is broken then it will again get weak and come down which will be bearish. As of now it will be the best scenario that bulls jump in quickly and take control of the situation. As of now in a no trading zone if you have bought it at the lower level be safe and book the profits.
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Get ReadOver all Emaar is very bullish but since Dewa have joined the party Emaar is shying away most of the traders are now shifted to DEWA but Emaar is very strong and its getting ready for the break out. I think it will soon touch 7.00 but before that a small hurdle at 6.40 also dividends are coming up so many investors will like to add more position to their portfolio. Over all in a uptrend!!
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Watchout!!Watchout a strong resistance is at 2.65 but there are good chances it will break as dividends are up and after that i will gap down. It can go down till 2.40 once the dividends are given out. Over all very bullish and in a strong uptrend. Its good time to buy but lets book the profit before the D day.
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26000+ Trades DoneFor the first time I am seeing 26000+ trade done in 1 stock in Dubai Stock Market this is huge!! buying momentum have started from today and most likely it will continue a small retracement can happen which will be a buying or adding opportunity. I think 2.84 level can be retested before going higher. However if the market sentiments are very strong and positive it may continue without any correction. This stock without saying is very good to be in our portfolios. Highly Recommended!!
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UAE Union Properties #UPP Strong buydear Friends
UAE Share As known #Upp Union Properties is ready to jump toward TP Line
RISK/REWARD:1:15 isnt Good?
UAE AJMAN bank Share readyUAE Ajman bank #AJMANBANK ready for Jump
SL: set Below Orange Box
TP1 & tp2: is Depicted
ARAMEX UAE Stock ShareDear Friends
Aramex Share #ARMX Is in First Stage of Flight
1st &2nd targt Defined
Dubai Islamic Band #DIB UAE StockDear Follower
This Share is in good area And We Hope today is Start for Jump to 1st & 2nd Target as Depicted .
