After the breakout for the triangle pattern its been just steady and holding around the same area. I am still holding this trade and will exit around my third target. This one is a kinda short term investment. BULLISH!! Hit like & follow ;)
Its getting rejected again and again from the same resistance area, it means resistance is getting weaker and weaker. For it to become bullish we want to see a good closing above the resistance area with good volumes. UPP and DEYAAR usually follow each other, UPP have made a breakout already we wait for deyaar now. It can also break to the down side, let hope the...
Finally it made a good move to the upside, it can be a very good and profitable swing trade. Stop loss is tight and at a safe place target is huge!! after the just wait for a small retest to enter the trade. I am pretty sure after this big move some profit booking will happen during the week. As its still not confirmed if this is a real breakout or a fake...
During the month of Ramadan market didnt make any major moves but it have maintained the uptrend which is very good. Yes thin volumes in the market as many big players dont trade in Ramadan, market is breaking the resistance areas and making highs next strong resistance is at 2725 area i am sure market will not break it in one go it will come back for a...
A very nice pole & flag pattern is identified on weekly chart, with todays closing we can see a breakout. If this holds and we close this week in green there is a high potential of this stock going hi till 0.777 area. Very bullish!! Hit like & follow guys ;)
Good setup is just about to come we want to see one more green candle crossing the resistance with good volume and we can target the swing high. Hit like & follow guys ;)
It was trading in a range for so many days finally it broke to the upside if this is a genuine breakout let it come back for a retest and show us some bull power so that we can buy this, we have seen previously it breaks out and again comes back in the range so lets wait for a confirmation and then enter the trade. Hit like & follow guys ;)
Finally it broke the resistance i want to buy this stock in good quantity, i am waiting for a retest/correction, i want the price to come down and give a bullish signal to enter the trade. I will enter around the resistance area which now should act as a support area. Looking very bullish for now. Grab this one !! Hit like & follow ;)
Deyaar usually dont make big moves, after the news we can see nice push to the upside but its still not in a uptrend its just a push or a bounce. No need to rush and enter as the big boys who just bought it will book their profits soon and the price will come down. Wait for a breakout of the resistance that is around 0.275 - 0.277 let it close above this and come...
Dubai stock market have picked up a nice pace to the upside. strong resistance of 2630 is broken but i am pretty sure it will come back for a retest very soon and then resume the uptrend. After this the next hurdle is 2695 which is again a strong resistance area. As of now looks very bullsih!! Hit like & follow guys ;)
Most of the stocks in Dubai Stock Market are just at the same place without any moves, market is waiting for some good news. Will todays news by IMF push the market to the upside? Lets wait for the breakout. Hit like & follow guys;)
GFH is just not moving, waiting for a breakout to buy big quantity. Hit like & follow guys ;)
We can see a good breakout and a retest in yesterdays session, US market closed in red yesterday! IMF have doubled the forecast for UAE economy which is positive i think market should react positively. Looks bullish for now. Hit like & follow ;)
After so many day although market is trading with thin volumes but today we can see a big green candle after a series of indecisive candles. We can take this as confirmation that buyers are getting ready and now interested in current prices to buy the stocks. I expect more upside this week. Yes the bearish head and shoulder is now not active. Hit like & follow guys ;)
It looks like emaar is playing out as per the plan, can you see doji right at support? is it time to buy? No !! wait for a confirmation candle and price action to confirm the uptrend and then go for it. For now wait and watch game. Hit like & follow guys ;)
I see a nice bullish candlestick pattern right at the support level. Its been falling since so long but after the news it have shown some price action and on weekly chart we can see a bullish engulfing pattern. At this level the stop loss will be very tight and target is good too. Bullish for now Entry Price : 0.260 - 0.267 Stop Loss : 0.257 Target : 0.298 Risk...
Dubai Stock Market is at a very crucial support level, if this level breaks to the down side market will slide down to 2300 Levels this will be plan B. If the market holds at this important support level and moves to the upside there are good chances that we may see 2800 levels again. So far the market is very bearish and on a free fall!! We should stay away from...
See prior post for targets - DOT running out of room, potential breakout if BTC acts right here.. A lot of news and hype around DOT lately - Greyscale and Dubai Fund liquidated BTC for move into alts.. DOT named as target for both. decrypt.co www.globenewswire.com Cheers