Fill The Gap?Will it come down to fill up the gap? or will the pennant break to the upside, i see its bit weaker with todays closing. It can come down to fill up the gap. Over all very strong with good fundamentals. A entry above 1.14 is recommended as of now in a NO trading zone.
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I like that candleWell we want to buy at support and sell at resistance here is a stock that is right at the support and have given us first bullish signal at the support zone, if in sundays session it can cross 0.818 i think more buyers will catch the attention and start buying this stock. For now it have started a fresh bullish trend after a range and a down trend.
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Retested Successfully Resistance once broken will potentially act as a support we can see the same happening here, volume slowly gaining momentum and bulls are taking charge for sure this stock is in bullish mode and its good for coming week if over all market sentiments are positive. Good for a swing trade.
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Good PotentialIt has a very good potential to continue its journey to 0.378 area. With thursdays closing looks like bulls are back and holding the current levels. We expect more upside in coming days. Its been breaking the resistances so far and i am bullish on this stock!!
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Buy or WaitEmaar is over all bullish but for now bit tricky, good chances for it to touch 5.0 which is strong technical and psychological resistance area. We can see its making higher highs and higher lows but as of now bit extended too. With strong fundamentals and merger news there are good chances of it crossing or atleast touch 5.00
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Cup & Handle?Its a steady uptrend , for now its at a resistance zone. I can see its making a inverted cup and handle pattern once it breaks the resistance we can have a entry at the breakout of the neckline. Over all bullish it would be good if it holds at the current levels to make a bigger move. Bullish !!
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Wait For BreakoutNo doubt that this stock is on a strong bull run also backed by fundamentals. As of now we can see its forming a triangle pattern a breakout is expected soon with a big move. I am expecting a breakout to the upside. This stock is very good for long term holding. I would recommend to buy and hold some quantity for long term investment. Very bullish!!
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Good MoveAman made a good move last week, this stock is bit slow if it crosses the resistance of 1.18 with good volumes the next target can be 1.25 are as thats a strong resistance for now. Also due at the same time we can see some weakness with thin volumes as it open with a gap down in last session so expect a retest of lower support zones. Quick and exit is recommended here. Over all its in a slow uptrend.
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Wait for a confirmationIf tomorrow if it holds in this support zone atleast for 1 hour and then if it gives a bullish signal its a good buy!!! the more it stays at support zone the better. Deyaar have changed its direction, now its looking bullish. Hope its not a pump and dump thing.
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Emaar Is Ready!!!I think Emaar properties will have a spectacular performance very soon, technically its looking bullish and also they are about the release the financial results which is expected to be positive. I see a good place of entry here and i also expect it to gap up tomorrow. Over all its bullish!!
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Will It Break The Resistance?Right at the previous support level we are seeing good bounce with above average volume, as of now price is just at 200 EMA so its a do or die situation!! if we can see a close about 0.30 it will be bullish and we can expect more upside in coming days. For now its in a no trading zone wait for a proper confirmation to enter the trade.
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What did just happen?Aramex was up by 15% directly at the opening!!!! did you buy? did you get a chance? well the reason behind this is a institution bought huge chunk of shares at 4.77 per share so obviously its undervalued. People were grabbing this share like crazy and price was very nicely holding, good volumes and high number of trades. So more upside expected from here? yes as the bought price was at 4.77 so there is a space remaining to go up but market never forgets the gap. There is a huge gap created which has to be filled and this would be scary when ever it does. For now enjoy the bull run!!
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Will it make a new highWe can see a triple bottom chart pattern here. Good news is that this particular level is holding and buyers are stepping in to hold this level. Volume is above average, it looks good for coming week. Emaar is good for a long term investment with strong fundamentals.
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My Pick For The WeekIt was in a serious deep correction after hitting 0.342 it got rejected and now it have taken a good bonce where it have previously consolidated. Good price action is seen at the same level with good volumes. This is a good buy for the coming week. If it opens with a big gap down in sundays session avoid it, if it opens flat of with a small gap up its a good buy.
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