bassel.hadak
Long

DFM expecting to rise

DFM:DFM   DUBAI FINANCIAL
expect DFM to rise as we are now at the price of all time low , market might fall below previous lows but still long term view is long
Comment: @DFM still showing weakness despite some nice gains in DXB market on other stocks this week , still DFM can break the weekly low back in Jan 2012 @0.68 ,
Comment: DFM has broken the low of 0.68 and reached to 0.65 , now weekly target is completed , time to look for another long
Comment: still DFM not showing any signs of trend change , expectecing to continue more down to region 0.64 and might go beyond to 0.56 , will update the idea if there is any change of structure
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