Possible scenario for UppIf the W pattern is correct then there is a good chance to buy upp @0.359 or below and sell the full quantity if the price reaches 0.388 .
The scenario fails once the price closes below the (stop loss) red line 0.327
UPP trade ideas
UPPIn the last wave of rise to a point of 0.468 in the middle of 2023
At that time, the point of 0.468 was considered to be the peak of the third minor of the third major, which targets the point of 0.588.
But now, after its sharp decline to 0.27 levels, it became clear that 0.468 was the first sub-peak.
This means that the target of the third sub-point is 0.695
The target of the third main wave is 0.82 levels
Nice Break OUTIf we talk about the over all trend of Union Properties upp then its still in a downtrend thanks to the positive news they released in Thursdays session investor got excited about this news and bought this stock like crazy. It has hit the resistance zone that is at 0.330 we saw some selling coming it. If it can sustain above 0.310 and establish a base this will be healthy and it can make a powerful breakout soon.
Strong resistance at 0.330 area and then strong supply zone at 0.380 I personally think it will break the immediate resistance soon and climb up, mind you this is one of the cheapest stock in DFM and when people start to buy or sell this stock usually its with HUGE volumes.
Hit like & follow guys ;)
Still very TrickyUPP is been under tremendous selling pressure, for now its just taking some support at crucial demand zone that is around 0.310 zone. Still this can be very risky it can break this support area to go lower to make a new lower low.
As most of the stocks in Dubai Financial Market are under selling pressure today we saw some buying coming in but this can be a short recovery too. So I would suggest wait for a trend confirmation before taking any positions.
Hit like & follow guys ;)
Very ConfusingTrend
No doubt for now upp is under pressure and we are not seeing any buying pressure. People are waiting for the news to get a clear direction. If there is any positive news coming out from upp this stock will fly and it will go past 0.50 very quickly.
If you are holding this stock for now its in a chart pattern and at the support zone. If it breaks then it will turn bearish. So its wait and watch game now with think volumes.
Hit like & follow guys ;)
Will it survive here?Trend
For now upp is still on a up trend but we are seeing its under selling pressure 12th July 2023. Support area is at 0.390 area and its been holding good so far. Its been retesting the same area again and again hopefully it will hold it and push the price up.
Negative Scenario
If the current level is not holding then most likely we will see it coming down till about 0.370 and then 0.350.
Need Bull Power
Bulls need to come out in open and flex their muscles to defend the current zone. I will only take it bullish once it breaks 0.410 till then its in a no trading zone for me.
Hit like & follow guys ;)
Quick TradeStill bullish and there is a chance of quick entry and exit in UPP for now its just taking some pause. If deyaar makes some big moves UPP will follow too. This one is good for a quick entry and exit.
Hit like & follow guys ;)
Going UpFundamentally UPP is very weak but now its improving, but technically its in a uptrend and I think it will go higher from here slowly.
Hit like & follow guys ;)
Analysis on UNION PROPERTIES Dear Emarati traders, I saw some people on a group welling to buy the UNION PROPERTIES Index for long term investment and I said why not to make an analysis on it to share it with you, I figured out that it’s not the right moment to buy it.
As you can see on the chart, the price is consolidating in a channel for 3 years now and still haven’t break through it.
What you’ll be waiting for is the price to break the resistance with a high volume so you make sure that it’s not a fake breakout.
Please let me know in the comment section what markets you want me to analyze for you.
Interesting & RiskyAs we know fundamentally this company is not strong and is in a loss since long time, but technically this stock is at good level to go higher. I always recommend quick entry and exit in risky stocks!!
hit like & follow guys ;)
UAE Union Properties #UPP Strong buydear Friends
UAE Share As known #Upp Union Properties is ready to jump toward TP Line
RISK/REWARD:1:15 isnt Good?
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 ;)
Good For IntradayWell we all know fundamentally this stock is not very strong, but technically it have showed us a buy signal today. Looks good for intraday trade, a quick entry and exit is recommended.
Hit like & follow guys :)
Free FallWith all the negative news around UPP this is surely in a no trading zone, avoid this stock till there is clarity about the company.
Stay out of this messThe only way i can see is down, with company in scandle and negative news around it i dont trust this stock at all. Even if it breaks the resistance i would not prefer buying it till it comes out clean. Stay away!!!
Trapped In A BoxPrice is trapped in a box this is also a rectangle chart pattern, we have to wait for a breakout. For now it looks like it will break to the down side this is scary!!! stay away from UPP and keep STALKING!!
Hit Like & follow guys ;)
No Trading ZoneIts also in a no trading zone, even a good news last week could not hold this stock. Selling pressure is seen on all the stocks after the panic sell at the beginning of the week. As of now its in a no trading zone, let it break the resistance to enter the trade. As of now looking bearish, a good bounce from the support area around 0.285 is expected.
Hit like and follow to support ;)
Expecting UPP to start a move up Expecting UPP to start the next bull move very soon as this current consolidation is broken to upside
No Trade ZoneStill not in a uptrend! stay out of it. Let it close above 0.275 first.
Hit like & follow guys
Need Strong BullsIts been trying hard to break the resistance it have just crossed above 200ema making it bullish it can be a beginning of a new uptrend. I can see 2 scenarios from here either it breaks the resistance and go up to hit the target or come back for a retest at the support level. A close above 0.285 will confirm bulls are in control.
Hit like & follow guys ;)
Breakout & watchoutFinally it made a good move to the upside, it can be a very good and profitable swing trade. Stop loss is tight and at a safe place target is huge!! after the just wait for a small retest to enter the trade. I am pretty sure after this big move some profit booking will happen during the week. As its still not confirmed if this is a real breakout or a fake breakout!!! After a succesful retest enter the trade.
Entry : 0.274 to .276 area
Stop Loss : .266
Target : .297 & .320
Hit like & follow guys ;)
Again Wait & WatchMost of the stocks in Dubai Stock Market are just at the same place without any moves, market is waiting for some good news. Will todays news by IMF push the market to the upside? Lets wait for the breakout.
Hit like & follow guys;)
