BullishDfm is also good for a positional trade, right at the support we are seeing good buying pressure indicating bulls are activated. Over all bullish!!
Getting Ready...FIRE!!!A big move in Deyaar is pending market have been hovering around the support zone for more than a month now. A big move is pending hopefully to the upside. Support zone have become weaker as not many buyers are active in this zone. A closing above 0.490 would be confirmation to buy. For now if you are a aggressive trading this is very good entry with a small stop loss and a big target.
Hit like & follow guys ;)
Bulls Are ComingGFH is looking very nice for a swing trade, once it crosses 1.25 it will be considered very bullish!! as of now its trying hard to cross the resistance of 1.23 (minor) on weekly chart we can clearly see early signs of bulls gaining the power. Stalk this stock very closely as it can make violent move to the upside most likely.
Hit like & follow guys ;)
Air arabia's price action is bullishDFM:AIRARABIA broke out of the ascending triangle formation and is holding up above the break-out level. Anticipated price action and targets are shown on the chart, stop loss daily close below 1.32 AED.
Hit the like button please if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
To The Moon?Emaar have released their financial results, as we know its in a bullish chart pattern for now there are good chances for it to break to the upside, good for a swing trade. At the same time looking at geo tensions market can even react negative and the chart pattern can break to the down side. Tomorrow if it opens with a gap down wait for a bullish price action, if it opens flat it will be good buying opportunity, if it opens with a big gap up then wait for a retracement and buy at a bullish candle.
Hit like & follow guys ;)
Good MoveIts now approaching a strong resistance level that is 2.40 - 2.42 level. This can be a bull trap too so lets wait for it to cross the resistance with a proper candle close. Still the price is below 20 day moving average which is acting as resistance zone. Most of the stocks are now recovering from last 3 to 4 weeks selling pressure just a small bounce should not be considered as reversals as most of the time they act as a bull trap.
Hit like & follow guys ;)
Breakout?Its been under pressure lately also their financials are due and i am positive the results will be good. For now we can see it have broken the trendline and it facing tremendous resistance 1.230 - 1.260 Once this resistance is broken i think GFH will cross 1.36 hopefully positive news will help cross this resistance.
Hit like & follow guys ;)
What a Support!!Today Deyaar bounced from the support zone in fact today was its last chance if the support was broken today it could have gone down till 0.420 levels. Thankfully it performed very well and the closing is very good it is surely good for a buy next strong resistance is at 0.520 and then 0.540 respectively. Looking very bullish now!!
Hit like & follow guys;)
TabreedExpected to have some rebound once the trend line is crossed with high volume
The rebound expected to last for short time as the volume on this share is not considered high
Overall good stock for long investment
Emaar Emaar is in declining phase (short term trend) until March
This could be wrong if it break the short trend line
Important indicator
AO in red zone
GFH, Educational idea :-)This is just my idea. Odds might be wrong. but the chart is mysterious. Note- I did not take a reasonable position yet. But the projection are totally possible. GFH is a solid company with good fundamentals from what i know. Correct me if im wrong,
DFM Looks fun!The last earnings report lead to a rally reaching >2.5X.
July21 to Sept21 the total trade value in DFM was ~10B. And between Oct21 to Dec21, the total traded stock value was 33.6B as per DFM.
Can we expect another 3x on FS release?
Emaar, Educational Idea!Patterns speak loud. This is what I think.
Feel feel free to correct me.
I have a minimal position here. after booking the Covid profits!!
Amanat, my takelets just hope this for now. Amanat has been a stock that made reasonable value creation by capital gains and dividends. The chart looks promising atleast for me. Fingures crossed.
NIH Potential for Buy as Daily is on oversoldNIH is on oversold and potentially climb up. My analysis is based on daily and monthly chart with RSI and MACD indicator for spotting good stocks.
Up Again?Nice momentum right from the support zone, yes it can be a positive breakout. Looks good for a trade :)
Hit like & follow guys ;)
Always GoodIts always good to have DIB in our portfolios, its in a healthy uptrend and also reported positive financial results. It would be a bit late to enter as of now as stop loss is way too far. However it can now be good for a positional trade. Looking Bullish!!
Hit like & follow guys ;)
I dont like itI personally have stopped trading UPP as I am not confident with the companies fundamentals. Any ways the setup is looking good for a trade. I would recommend a quick entry and exit in the stock.
Hit like & follow guys ;)
Ready AgainDIC is ready to fly again after making a fantastic move to the upside, if we can get a entry around 2.10 we can have a tight stop loss with good Risk Management. Also if I combine this setup with FIBO its giving us a good entry place at the golden ratio. Looking very bullish!!
Hit like & follow guys ;)
Lets GoIf emaar is positive tomorrow with emiratesnbd I think market will cross 3200 and it will be considered as a good closing for the week. Also emaar can lead other real estate stocks along with smallies. For now we can see 2 successful bounces from the support zone and its been climbing up for the last 3 days. I am positive it will give market a good push.
Hit like & follow guys ;)
Good PotentialAs a stock trader we always want to buy a stock at a support with a smallest possible stop loss. DFM is just looking picture perfect if the market is positive tomorrow and with the positive news about xCube Dubai I think it is good trade setup. Still the trend is positive this can be a range based trade.
Hit like & follow guys ;)
Tried Tried & TreidIt tried a lot to close above 1.30 recently but could not although the company is still buying back it shares but we are not seeing many people buy this stock. Only hope for now is the financial results which will be declared very soon sure the company is fundamentally very strong but need some mind blowing results to take this stock to the moon, I am still holding this :(
Hit like & follow guys ;)
I hope I am wrong :)Well if we talk about the over all trend its still safe to say we are in a uptrend, but on daily chart surely we are seeing weakness. Deyaar could not break the resistance of 0.500 and how its under pressure. After the inverted head and shoulder pattern it broke out and also hit the target but could not continue the run. Volumes are very thing on Deyaar, it have broken the support zone today. It have to open up with a gap up tomorrow and close positive to stay positive :)
Hit like & follow guys ;)
