IS EMAAR GOING DOWN ? Emaar's stock is targeting the levels of 12.20 - 12.05, presenting a good buying opportunity for short-term traders with targets of 12.65 - 12.75. It’s important to adhere to the stop-loss level, which is indicated by a daily close below these levels. Although there’s still a risk of the stock dropping back to previous levels around 11, the current movement needs to be monitored to determine its future direction.
EMAAR trade ideas
CLOSE YOUR POSITIONS ON EMAARDear Emirati Traders,
I'm sharing with you some of the stocks you can't buy for now since there are no clear entries and it will only come you with losses.
As you can notice on the chart, the market has reached the Rejection Block we have at 9.12 and now it's heading towards the LQ Pool we have at 5.8-5.56 to fill up the Liquidity.
For now You close on EMAAR and wait for it to reach the LQ Pool.
Don't hesitate to ask about the stocks you're holding in the comment section.
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An upcoming setup in EMAAR for a 24% returnDFM:EMAAR
I am looking to make a 24% return on EMAAR in the next 4-5 months.
The thesis is based on seasonality aligning with technical analysis.
If you look at the orange line in the chart above, which reflects the stock's seasonal performance, you will see that EMAAR typically rallies into it's August earnings report (Q2 financials).
Q2 usually beats Q1 only about 30% of the time but I think this time will be one of those occasions.
EMAAR saw a significant jump in it's Q1 earnings which I don't think will be a one time deal. More importantly, I believe this will be the expectation for the majority of investors, thus making it likely that EMAAR will rally into it's Q2 earnings.
Additionally, analysts' estimates are still not high for Q2. They are 22% higher than EMAAR did YoY but 14% less than EMAAR already delivered last quarter (see financials posted on image below).
I think EMAAR can beat those expectations.
Remember this tends to be the seasonal performance of the stock anyway this time of year. I just think that there is more reason for this to happen this year.
That said I am not going to just buy EMAAR at any price. While the stock is trading at a deep discount to it's DCF model 5 years out (see image above), it is trading at the high band of it's profit margin. With a PM of 39% it is already near its all time high PM of 41%.
I track PM over time because most stocks in the UAE are Cyclical. Once they make a lot of money they usually cycle lower to hit the lower band of their historical PM. This is to avoid buying a company at the top of it's cycle (where it's financials would undoubtedly look great but would be unsustainable).
According to my technical analysis shown on the black & white chart above there will be minor support for the stock at 7.14 & 7.01 AED. Their will also be major support at 6.88 & 6.78 AED.
I plan on buying at around 7 dirhams and then doubling down at 6.78 for a two tier entry.
From there I expect at least a 24% rally into September for EMAAR.
Anyway, that's what I am doing with my money. You do you.
Good luck.
Emaar is now in a strong uptrendhello dear investors
I think inchallah, Emaar will continue it uptrend until 1st target=12.50 2d target=19.
Always think technically with ease: it will respect the corridor if breakout accure then you will unusually see highest levels.
Just keep buyning and not sell untill breakdown this corridor.
Remember that i am not having a cristal ball predicting markets movement but I try to be more rationnal .
Good luck
NB: if you see that i said something usefull ecncourage me in order to post more and more
What Emaar shown in Short-Term
In the short term, Emaar's stock has shown a consistent bullish trend throughout the current year.
1-There's a likelihood that Emaar's shares will continue to rise over the next month, but there's also a chance of a significant drop to 8.21 in the near future.
2-However, if the stock doesn't drop to 8.21 , it's probable that it will continue to rise until the upward trend loses momentum.
3- If the stock price reaches and exceeds 8.10 We expect a downturn and a temporary halt in the bullish trend, indicating the beginning of a new phase for the bearish trend. However, this scenario appears relatively unlikely considering the sustained rise over the past four years, suggesting the upward momentum could persist for another two years or more.
This analysis is based solely on the bullish trend observed this year and generally over the past four years.
DFM:EMAAR
Long-term outlook for Emaar stockLong-term outlook for Emaar stock
It's probable that Emaar stock will experience ongoing bullish trends over the next one to two years, particularly if it surpasses the 11.75 AED mark.
Conversely, failure to breach the 11.75AED threshold could signal a reversal, potentially leading to a decline in stock value to 3.97AED.
This expectation is based on historical data reflecting consistent bullishness and price increases over a span of five to six years.
DFM:EMAAR
Powerful PerformaceEmaar properties showed good strength after releasing its financial results. Investors are happy with the quarterly results and we can see the smiles on the chart. Emaar is in a strong uptrend no doubt, it broke the resistance of 7.57 it has hit our targets and now its heading for 8.45
Real estate is booming in Dubai and Emaar is the biggest developer in the region. With new projects coming up and launches fundamentally its getting stronger and stronger. I think this time it i will cross 10.00 this stock is good for long term investment.
Hit like & follow guys ;)
LETS GO BABYEmaar Properties has released a positive news with the real estate booming in the UAE property prices are climbing up in other words fundamentally Emaar is getting strong day by day. We will surely see its reflection in the stock price too. With the last Green candle we are seeing buyers garbing this stocks I am expecting a continuation to the upside.
Watchout for a strong resistance around 7.45-7.50 zone. I think this stock will very soon be above 10dhs. For now its under due to geopolitical situation but over all this is a strong stock and highly recommended to be in portfolios.
Hit like & follow guys ;)
Emaar: Buy Dubai Real Estate in Liquid FormEmaar
From Covid Low of mar 2020, it returned 4x in 3.5 years, more than the best real estate deal one could get.
And was liquid all the way.....okay liquid 5 days a week !!
At AED 6.3, its available due to the war like situation in Gaza. Load up at the current levels , the best high beta and liquid way to get exposure to Dubai Real Estate.
Correction PhaseAfter this massive selling pressure that we saw because of Geopolitical unrest in the middle east for now Emaar is trying to recover but this move cannot be trusted its just a short recovery. bears will attack anytime again so this can be a bull trap which we have to avoid although its very tempting to buy at current levels. I am waiting for a small correction and then pick up this stock. Over all markets are very sensitive for now any news can result in a crazy move.
Hit like & follow guys ;)
Strong Bulls Trending
No doubt that emaar properties is in a strong uptrend, people are just buying at what ever price they can. There was also a news that emaar will pay higher dividends.
Fundamentals
Real estate market is booking in Dubai and with prices going up companies revenue is also leaping many folds.
Retest
Those who have missed this beautiful rally to the upside now they are waiting for a correction including me to buy this stock. With the strong bulls around i think it can retest 38% FIB and resume its uptrend.
I think overall this stock will be very soon above 10.00 very good for long term holding too.
Hit like & follow guy ;)
Buying Opportunity?Trend
No doubt Emaar Properties is on a uptrend since long time, for now after hitting the resistance its correcting itself and we are seeing some selling pressure with low volumes on daily chart. But i think soon buyers will jump in to grab this stock at support zone.
Targets
In mid to short term i am looking at 8dhs per share price for emaar properties, its very sound fundamentally and technically too.
Real Estate
Property market is booming in Dubai and this will also reflect on the emaar chart. Also Emaar properties may give out higher dividends.
Hit like & follow guys ;)
Looks promisingEmaar should continue its upside momentum real estate sector is booming which pushing revenues higher and brining in more money for the companies. Any dip for now should be considered as buying opportunity till the time we dont see a breakdown of the trendline.
Hit like & follow guys ;)
Safe ZoneTill the time Emaar is above the support its in a safe zone, we saw some selling pressure today but however it have managed to close above the support which is a good sign that bulls are still around the support. I am bullish on Emaar Properties I think very soon it will fly higher.
Hit like & follow guys ;)
Make or BreakThere are good chances of reversal from this level, Emaar is been on a down trend for a while and tomorrow we can expect to see some bull power to reverse this trend. But again Friday is usually slow as its weekend so be careful only buy in small quantities so you can keep the position open over the weekend.
Hit like & follow guys ;)
Continuation of fallIts been under pressure since it hit the peak of 6.00 and since then its been falling down. There is a hope of bottom formation at current levels but for now i think it will go down further to retest the support level and make a reversal from there. Till the time its below the downward trendline there is no hope of it turning into bullish!!
Hit like & follow guys ;)