It could not survive or recover completely although its financial results were very promising. Good chances it can come down to retest 1.33 zone and then may be we can see a bounce. Very small volumes for now it this stock. Need market maker who can provide liquidity for this particular stock.
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Ajmanbank is looking interesting and ready to explode coming week most likely. Fridays volume is very impressive and I think if bulls can open with a small gap up in Mondays session I think it will break out and will cross 2.50 very soon. Over all Ajmanbank is bullish.
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More upside is coming if you have already bought it hold it guys, this stock is in a solid uptrend. Ride this to make profit.
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Its ready for another big move if you missed it earlier here is the chance to buy DIC and make some money. I think coming week it will try to fill up the gap so still there is some juice remaining for us. Very Bullish!!
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its been under pressure for the last 4 days after making a big move to the upside. Its now at a important support level we want to see buying pressure to confirm the support level with good volumes. If this happens and we see a candle close above 2.75 W pattern will be activated and most likely this time it will cross 3. For now its in a no trading zone lets wait...
If you are a regular reader of my blogs you must have surely read my last analysis on Dubai Stock Market Index. Market is making new levels every week attracting international & local investors. Blue chip stocks like EmiratesNBD, Emaar Properties, Dubai Islamic Bank are in a strong uptrend and ready to go more higher. As of today 02/04/2022 Dubai Financial Market...
Over all market index is still bullish, the solid uptrend of Dubai Financial Market is intact. After hitting the resistance of 3500 its in a correction mode also Russia & Ukraine adding up to the damage. For now its right at the 20 day EMA which is a dynamic support well honestly I am not worried if this support is broken as solid technical support is at 3330-3340...
After disclosing their financial results Deyaar is deciding to clear their loses by adjusting the capital also there is some progress on Limitless issue. In last trading session if broke the resistance of 0.480 but could not hold the gains and closed at 0.470 with good volumes. If tomorrow market is positive and no more negative news about Russia - Ukraine then I...
