DEWA is under pressure it has already announced good dividends but for now its not holding. Need of the hour is to break the resistance of 2.50 with good volumes so that it does not come back at the same zone in near future. If bulls dont flex up then there are chances seller will drop the price till about 2.35 zone. Hope that does not happen we want to see fresh...
Trend This stocks usually moves slow with thin volumes, since its dividend time many investors would like to take position. For now its stuck between support & resistance zone. I think near dividend date there are good chances it can break to the upside. For now wait for the breakout of the resistance that is between 2.57-2.60 zone with good volumes. Hit like...
Dear Emirati traders, as you can notice on the chart the market just made a pullback on the support level, to buy it you must wait for a confirmation of the pullback then you ride the trend. The comment secion is all yours for further questions!
The Big Money called Lord A. Salim is rumored to buy the stock One of his man is sitting in top management position Risk and Reward Ratio : 4/1 TP 67 SL 52 PBV 0.28
Dewa is one of the heavy weighted stocks in Dubai Financial Market, it also pays out very good dividends. From here any dip will be a buying opportunity. Over all very bullish!! Hit like & follow guys;)
This stock is very strong fundamentally i dont know why its still stuck with in the range. It also gives out handsome dividends, i think soon it will break the resistance and go past 2.60 Hit like & follow guys ;)
DEWA is simply making HH and HL based on dow theory And if you see FIB drawing you can see the bullish reversal will be confirmed once it enters the golden FIB pocket in 2.69 + zone Right now its following a good path after great earnings and it will continue to move up and hopefully a bullish reversal will be confirmed Entry can be then made at 2.69+...
Its been trying very hard to sustain about the IPO price and todays closing is bullish, more upside momentum is expected. I think slowly and steadily market will touch 2.75 zone. But due to the global scenarios I am always recommending to everyone to book your profits early and take your money home as markets are very volatile. Hit like & follow guys ;)
Finally after a long time we are seeing some bullishness in DEWA!!! but due to global scenarios i think it will open with a gap down and later during the session it mite recover and close positive. I think any dip from here is buying opportunity. Lets catch this train! Hit like & follow guys ;)
It could not pick up from the time of its listing. Its in a prominent down trend, today it tried to cross the resistance bot got rejected badly. For now stay away from this stock till a up trend is stablished. Hit like & follow guys ;)
Its been under pressure since the time of the listing on DFM. For now we can see its trying again to go up we are seeing a double bottom chart pattern that is bullish. If we can get a entry somewhere near the neckline it will be very good else it can directly go up from last closing too. Hit like & follow guys ;)
It lost the chance that it had last week. Again its in a NO trading zone. Lets wait for the bulls to enter!!! Hit like & follow guys ;)
We are seeing some signs of bulls here but still no confirmation yet. Lets wait for the break and close above 2.86 to confirm the uptrend have started. For now its in a NO Trading zone. Hit like & follow guys ;)
Its been not able to hold the gains lates. Dewa stock is under pressure for now. Today it closed below the important support level. From todays closing more down side is expected. It may go down till 2.70-2.75 but overall this stock will out perform all the stocks as its very strong fundamentally and have also announced very positive dividends!! for now in a no...
Looking at the fundamentals its very strong, it opened with a bang but as of now its under correction mode as still we can see profit booking in play. There are 3 scenario from here either we see a green candle tomorrow to confirm a bullish price action or it will come down to retest 2.75 zone again or it will break the support to go down further to touch 2.60...
For the first time I am seeing 26000+ trade done in 1 stock in Dubai Stock Market this is huge!! buying momentum have started from today and most likely it will continue a small retracement can happen which will be a buying or adding opportunity. I think 2.84 level can be retested before going higher. However if the market sentiments are very strong and positive...