stalkstock

Correction Phase

Long
DFM:EMAAR   EMAAR PROPERTIES
After 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.

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