DFM:EMAAR   EMAAR PROPERTIES
It have been falling down since important support level was broken at 2.85 we are seeing a nice hammer candle right at the support level. So is the down trend of emaar finished? not yet we want to see a confirmation, once it closes above 2.68 it will be bullish for now we keep stalking we dont need to enter the trade first let the market decide and give us a some bullish signal to take the trade.

Once the resistance level of 2.86 is broken we can see a nice momentum to the upside.

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