ADCB: Big probability of downtrendOn ADCB as you see on the chart we will have a big probability to have a downtrend because we have the breakout of the vwap indicator and the support line.Thanks!
Phoenix Group Christmas Gift PHX Min To 3 AEDPHX To 3 AED in short term ( within next days)
PHX To 7 AED long term ( within 6 months )
Not Financial Advice
Do Your Own Analysis
NMDC to target 31 / 32.4 after crossing 28.41-hour chart, NMDC, after crossing the blue line at 28.4, the target will be 31 extended to 32.4
A chart pattern (ascending rectangle) will be formed.
Technical indicators RSI and MACD are supporting this view.
Stop loss 27.5
DIC: Buy ideaOn DIC we will have a hight probability to have an uptrend because as you see on the chart we are under the vwap and also we have a candle with small body and long wick.Thanks!
ADNH: Buy ideaOn ADNH we will have a hight probability to have an uptrend as you see on the chart because we can see a little candles with small wicks under the vwap indicator.Thanks!
SALIK: Sell ideaOn SALIK as you see on the chart we have a squeeze so it's mean that we will have a hight probability to have a downtrend.Thanks!
ALDAR: Sell ideaSell idea on ALDAR as you see on the chart because we have the breakout of the vwap indicator and the support line.Thanks!
RAK is setting up technically for two swing trades (≈40% total)ADX:RAKPROP
RAK Properties is setting up technically for a couple of swing trades. The first swing is about 11% profit target and the second one is about 29%. You can sell partially at the 11% Profit target or sell completely and re-enter where indicated on the chart for the second price swing. Please note, the price levels are what is critical here. The timing of the swings (in days) may vary but it is the price levels that I expect to be solid. This is where one buys and sells anyway using limit orders. Those are based on support and resistance confluence per Fibonacci levels. This is where I will trade RAK Properties for a quick profit.
Good luck.
Deyaar Development has a potential of 40% upside!Deyaar is one of the largest developers in Dubai. Its real estate ventures include major growth corridors and prime locations, including Business Bay, Dubai Marina, Al Barsha, DIFC, Jumeirah Lake Towers, Dubai Production City, Dubai Silicon Oasis, Al Barsha South and Al Barsha Heights.
The stock of this company had a breakout from an important horizontal level of AED 0.65 on Monday's trading session. Speaking of the Elliot wave structure of the stock, the company looks to be going into a major bull run as the the latest leg to the upside is supposedly just the wave iii of III of 3(ignore the marking and labeling if you don't follow Elliot waves, just know that the stock can turn into a multi-bagger in future with those kinds of waves unfolding and yet to unfold.)
To talk about the target for the ongoing wave alone, AED 0.95 is the projected target zone for the stock(40% upside from current levels).
As mentioned AED 0.65 was a crucial level for the stock and now the same level should be considered as a strong support for it.
Note*- This post is for educational purpose only. Please do your own analysis/research before taking ang trading/investing decisions.
ADNOCGAS: Buy ideaOn ADNOCGAS as you see on the chart we will have a hight probability to have an uptrend if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
ADNOCLS: Buy idea:Bearish ChannelOn ADNOCLS as you see on the chart we have a buy idea because we have the breakout with force the resistance line and the vwap indicator by a big green candle follow by a large green volume.Thanks!
ADNOCDIST (Adnoc Distribution) to target 4.52 in 3 monthsAbu Dhabi Market:
Supported by the technical indicators RSI and MACD,
On the daily chart, ADNOCDIST is moving in an ascending channel, where next target is 3.85, then 4.10.
Crossing 4.15 - 4.20 will push the stock to target 4.52 in 3 months.
Stop loss should be considered.
Go Deyaar GOIts getting stronger fundamentally with Dubai real estate market booming its developers time to make money and Deyaar is playing out very well they have recently launched a project that was sold out and soon deliveries for other projects will start. With todays candle close and volumes i think it will continue its upside momentum. Buts lets not forget Dubai Taxi IPO it can effect the markets.
Hit like & follow guys ;)
Americana will pick upFor now due to the geo political situation Americana is under pressure as people are boycotting the products but i think once the storm is settled we will see a boom in this stock. We can see some buying coming in already at 3.30 area i think price wants to come down to fill up the gap and then we may see a new leg to the upside. For now lets wait for some volumes at current levels to get a indication.
Hit like & follow guys ;)
Presight is Struggling After the breakdown of the trendline that was supporting the price we can see more selling pressure coming in. For now its just establishing support at 2.30 zone. I will only consider this bullish once it back in the safe zone that is inside the wedge pattern. For now its in a no trading zone so wait and watch game.
Hit like & follow guys ;)
Qholding can bounceAt current levels qholding is looking interesting, right at the support level that is 3.30 good chances fresh buying can come in but due to the massive IPO that is Dubai Taxi Company we may see low volumes in the market so many stocks will suffer as investors will give priority to the big IPO. But i think once everything is settled this will be a good stock that can start to trend higher.
Hit like & follow guys ;)
ICAP Holding TightNew entry in Abu Dhabi Securities Exchange is Investcorp Captial. It opened at 2.30 and its been hanging around the same price level which is good looks like its just establishing support for now. Good chances it can break higher from current levels. But at the same time lets not forget Dubai Taxi Company IPO will be starting from tomorrow and its a huge IPO so we may see liquidity crunch in the market for some days. For now i think icap can make slow and steady moves to the upside.
Hit like & follow guys ;)
EMPOYER: Buy ideaOn EMPOYER as you see on the chart we will have a hight probability to have an uptrend because we have a spring effect on vwap indicator and also if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
DIB: Buy ideaOn DIB we have a very high probability of having an upward trend given the configuration of the chart. We can observe small candles with small bodies and long wicks. In addition to this we are also above the vwap indicator. Which reassures us in our purchasing position.
However, we must be vigilant. If the vwap indicator is broken forcefully by a large red candle and accompanied by a large red volume, this means that we would have a high probability of having a reversal in the trend.Thanks!
ADNOCDIST: Buy ideaOn ADNOCDIST as you see on the chart we will have a big probability to have an uptrend if only if we have the breakout with force the vwap indicator and the resistance line by a big green candle follow by a large green volume.Thanks!
DEWA: Buy ideaOn DEWA as you see on the chart we have a buy idea because we have a spring effcet on the support line and also we have the breakout of vwap indicator and the resistance line. Thanks!
ADCB: Buy ideaAs you can see on the graph we are in an upward trend. This upward trend is confirmed through several points that we have raised. First, we have the breakout of the vwap indicator and also we had a spring effect on this indicator and this is what reassures us in our buying position. Additionally, we also have the breakout of the resistance line. With all these analysis conditions, we have a very high probability of having a continuity of this upward trend.Thanks!
