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Wait for a confirmationThis is a volatile stock with heavy weight on the market index. For now its stuck within this triangle pattern. I want to see a breakout with big volumes to buy and hold as there is very good potential in this stock. If Emaar breakouts it will lead the real estate sector and many other stocks will move up along with it also pushing up the market index. Yes there are some resistances on the way up but when it moves it will break and go past easily. Fundamentally its very strong too. So lets wait for the breakout for now. Hit like & follow guys ;)
DFM:EMAARLong
by stalkstock
Did You Miss The Last Move?This stock is now unstoppable !!! I would recommend this stock to be in you portfolio for long term and it will give you some handsome profits for sure along with dividends. From the fundamental side more new companies are about to list on DFM which will increase the volume, liquidity which is more revenues for DFM so this stock will touch skies. Last closing was just crazy a big volume was bought that is around 10m shares just at the time of closing surely this was not a retail trader or investor this was a big institution buying indicating big potential i had added some quantities to my winning trades which i had shared already with you all. It would be so nice if it comes back for a retest which will be purely a buying opportunity. Dont mist out on thiss!!!! very bullish and highly recommended. Hit like & follow guys ;)
DFM:DFMLong
by stalkstock
2 Scenarios & Big MovesScenario 1 - Its at a very right place to burst upside that will be very ideal and a profitable, here I can see pattern with in a pattern and both are bullish. First is the triable pattern which is clearly formed and second is a potential inverted head & shoulder pattern that may form in coming days. To activate this pattern its very important that it stays above 0.475 once it breaks the resistance with big volume that is 0.50 we will see aggressive buyers coming in and pushing it higher and higher. For not its looking very good i would recommend to buy atleast some quantities at the current level so that you dont miss the breakout and once the resistance is broken more quantities can be added. Scenario 2 - If the pattern fails it will drop back to lower levels and trigger more sell which obviously we dont want to see. Since there are 2 bullish patterns and market is also positive i think it may break to the upside most likely. Even in higher time frames this stock is bullish!!! Hit like & follow guys ;)
DFM:DEYAARLong
by stalkstock