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
We can see after making a new high recently its now on a retracement, the question is where will it take a bounce or a U turn from??? Important support levels for the market are 2550 to 2570 and 2440 to 2470. It can take a bounce and resume the uptrend. Now the most important technical support is 2440 if the market closes below this level it will be a begining of...
It have come down after a push phase and now its at a support level. Most likely we can see a doji or a hammer candle indicating buyers are holding it. Over all in a uptrend. Hit like & follow guys ;)
A very strong stock and in a strong uptrend as of now its ranging. Good for a buy at the support level that is around 5.00 and upper range that is the resistance level of 5.14 over all in a bullish and uptrend. Hit like & follow guys ;)
Its below the resistance levels and its trying hard to cross it. Once it closes above the resistance levels we can buy this and go for a swing positing that is till 0.900 for now its bullish but retracing down. Also we can see its taking support at 50% FIB levels. Most like we can see the uptrend continuation from here. Hit like & follow guys ;)
I have been recommending DFM since so long even before the breakout. Its very bullish with strong fundamentals!! next target is good buy and hold it till you see good profits. Bullish mode!! Hit like & follow guys ;)
Market is extremely bullish and in a solid uptrend!! Small correction that was due is done and with todays closing most likely we will see more upside. Small resistance around 2730 and then we go above 2750 levels. Go Go Go!! Hit like & follow guys;)
expecting one more drop on DIC to fall back to 79 , gona keep how it will act around the line of it will reverse or will consolidate and continue up
Dubai has established itself as a major financial hub and even though its tourism and aviation industry has slowed down right now, it is a great place to live in and I think there is tons of potential for it to grow on financial services or technology over the next 10 years. The coronavirus crisis has been managed effectively by the UAE government, much better...
Again same thing for DIB we want to see another candle closing to decide on the trade as of now it have made a small candle and closed below the support line which will not act as a resistance. If we see an green candle closing tomorrow it will be a good buy as of now lets wait and watch over all in a uptrend. Hit like & follow guys ;)
Emaar is stuck as of now and is not tradeable its strong support is at around 3.51 area now if we want to trade this we want to see it touching the support line and making a bullish candle if not then we go further down. Yes its in a uptrend as of now but very tricky to trade we need one more candle closing to decide and enter the trade. Hit like & follow guys ;)
It have not been performing lately as of now its at a solid technical resistance and also in a near term downtrend. It have to cross this resistance line that is 0.280 and the next resistance is 0.295. If it does not hold and break up side next support is 0.722 levels. Hit like & follow guys ;)
It is a good stock and in a uptrend its good for a buy the reason is its right at the resistance level but at the same time its consolidating and spending time at the same levels it is not coming down it means buyers are holding it and want to push the prices to the upside. Wait for the break out level that is around 0.935 levels and enter the trade with...
Its in a uptrend but as of now in a range and it can breakout to the either side. Best way to trade this stock is to wait for a breakout if it breaks and closes above the box immediately enter the trade. Over all Bullish Hit like & follow guys;))
Its at a crucial stage, Resistance is at 3.70 level and it have visited this area recently. Interesting point here is it did not make a deep correction its somewhere near the resistance and it want to break it. Sure its bullish as of now if the resistance is broken the next major resistance is at 3.95 level. Over all bullish Hit like & follow guys !!