Salam bank Bahrain which is dualy listed in Dfm and Bahrain market is continuasly buying back its own shares daily approximately 400k/day. We can also see the price in both the markets increasing every week. This proves my point that I've been saying the share is very undervalued and it can run for more 50 percent upwards. It's a clear buy.
GOLD LOOKS STRONG NOW BCS IT REJECTS THE PLACE @1488 ZONE AND MOVES UP
HERE WE WANT TO FOLLOW
1. WAIT UNTIL IT REACH THE AREA @1512 ZONE IN 4 HR CANDLE
2.IF IT REJECTS THE AREA IT FORMS THE HEAD AND SHOULDER THEN STRONG DOWN
3.IF IT BRAKE THAT ZONE WAIT FOR RETEST TO BUY
I'm not going to point out where price touches these lines as it really is simple to see that these levels have been used as both SUPPORT and RESISTANCE, how do people not spot these? Do they constantly walk around with eyes closed? or more likely with heads in phones on dating apps looking for there next sexual transmitted infection ;p
It is so simple but yet...
according to charts , damac is reaching new low , looking to get an entry before end of april 2019 from price of 1 or lower .
price of IPO was 1
if price is reached to 1 before end of April 2019 , will be nice area to buy as dividends of 2017 was 0.15 for each share
following previous ideas on Emaar
technically speaking Emaar is falling to 4 AED , which is lower prices then 2016 low 4.25 ,
the current price market has shown a form of rejection to close below 3.90 on daily TF ,
expecting an increase to 5 then next 7 , 9 , and looking to ultimately take a target of 12.