stalkstock

Wait for a confirmation

Long
DFM:EMAAR   EMAAR PROPERTIES
This is a volatile stock with heavy weight on the market index. For now its stuck within this triangle pattern . I want to see a breakout with big volumes to buy and hold as there is very good potential in this stock. If Emaar breakouts it will lead the real estate sector and many other stocks will move up along with it also pushing up the market index. Yes there are some resistances on the way up but when it moves it will break and go past easily. Fundamentally its very strong too. So lets wait for the breakout for now.

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