Uaestockmarket
Presight (ADX) | Purely Technical SetupPresightโs stock has successfully broken above all key SMA averages.
Stock is ready for entry. Yet, for re-assurance I would urge to wait for the next session and monitor a 15-minute candle close above AED 3.52, which would help validate the breakout.
Targets:
First Target: AED 3.80
Second Target: AED 4.10
Traders are strongly advised to maintain the shown stop loss or trailing stop-losses, as this is an AI-driven stock known for high volatility and sharp price fluctuations.
Disclaimer
This analysis is provided for educational purposes only. Apply disciplined risk management at all times.
Ghitha Holding (ADX) | Neutral TechnicalโFundamental AnalysisAfter trading between AED 26 โ 28, Ghitha fell drastically to AED 16, a decline of roughly โ42.8%.
Here, I try to analyse reasons behind this falls, and list conditions for confirming recovery.
Stock's trading volume previously was arount 1 million shares/day until June, but liquidity has weakened significantly since then.
Fundamentally, operations remain strong: Revenue: AED 4.003B (+9.25% YoY) Gross Profit: AED 880M Operating Profit: AED 268M
Hoever, net profit dropped to AED 80M due to the absence of large one-off gains booked in 2024, making the YoY comparison misleading .
Recent restructuring, including a change in majority ownership and the announced consolidation of Ghitha, Multiply, and Two Point Zero, has introduced short-term uncertainty, likely contributing to weaker momentum and reduced attractiveness.
Entry Conditions (No Buying Unless These Are Met):
Volume recovery above 300kโ500k shares/day.
Price confirmation above AED 21, (or gradual accumulation near AED 18.20 for those who have FOMO like me :) ).
Targets (If Triggers Are Achieved)
Short-Term: AED 25
Mid-Term: AED 30
Long-Term: AED 40
Disclaimer
For educational and technical reference only. Market conditions can change quickly; use disciplined risk management.
ADNOC Drilling (ADX) โ Head & Shoulder Pattern Forming!Greetings Traders,
The ADNOC Drilling (ADX) chart is showing signs of a potential Head & Shoulder formation, which could signal a short-term correction before the next reversal phase.
Key Observations:
The price action is shaping up for a Head & Shoulder pattern; confirmation of the right shoulder will complete the setup.
If the price drops near AED 5.62, it will validate the pattern and may trigger a move down toward the Reversal Zone (around AED 4.80 โ 5.00).
Volume and RSI divergence support the possibility of this correction phase.
The 200-day moving average is nearby, adding importance to the neckline region.
After reaching the reversal zone, a bullish rebound is likely if buying volume returns.
Strategy:
Monitor the neckline closely. If the pattern confirms, expect a short-term pullback before a potential recovery from the reversal zone. Wait for confirmation before taking new long positions.
Happy Trading & Stay Disciplined!
ADIB Stock Analysis โ Converging Triangle in Focus!Greetings Traders,
Today, weโre taking a closer look at ADIB (Abu Dhabi Islamic Bank) โ an interesting setup forming on the chart!
Key Highlights:
Fundamentally strong: ADIB continues to deliver solid YoY earnings growth.
Bearish divergence was observed earlier, leading to strong selling pressure, followed by the formation of a converging triangle pattern.
This triangle appears to represent a corrective phase after a prolonged bullish rally.
The stock recently announced positive earnings results, reinforcing the underlying strength.
Considering the technical and fundamental setup, a bullish breakout from the triangle looks probable.
Trading Plan: Wait for a confirmed breakout above the upper trendline before entering a cautious long position. Traders can take a risky position after break-out of triangle. And for Cautious traders wait for the breakout from the upper tip of the triangle.
Stop Loss: Below the recent swing low.
Keep an eye on volume during the breakout โ confirmation is key.
Happy Trading & Stay Disciplined!
Emirates REIT Bullish DivergenceEmirates REIT is bouncing off from a 2H demand zone and broke the downward trendline, with Bullish RSI Divergence.
The stock had a sharp correction >30% and likely to start a new impulsive wave.
Good time to enter the market or add to your position.
Entry: 0.434
TP : 0.577 (4:1 RRR)
SL: 0.396
Trade Safe!!
SALIK (DFM) BOS confirmed the bulls are back in charge### ๐ **Elliott Wave Structure**
* The stock completed a textbook 5-wave impulse (1 โ 5).
* Followed by a complex **ABCDE correction**, ending with a liquidity sweep on Wave (E).
* Current price action is a **bullish breakout** โ likely the start of a **new impulsive cycle**.
### ๐ **Fibonacci Extension Target**
* **7.35 = 100% Fib extension** of previous impulse (Wave 1โ5), projected from Wave (E).
## ๐ฏ **Trading Setup**
| **Entry** | Market @ 5.90 |
| **Stop Loss** | Below 4.75 (beneath main OB) |
| **Take Profit** | 7.35 (100% Fib extension ) |
| **R/R Ratio** | \~1:3.6 |
---
> โSALIK finally ripped through resistance like butter. BOS confirmed the bulls are back in charge. That 7.35 target? Itโs not just a guess โ itโs fib math.โ
> *โFibonacci is the map. Price is the vehicle. Volume is the fuel.โ*
---
### โ ๏ธ **Disclaimer**
> This is not financial advice. For educational purposes only. Always manage risk and use stop losses. Past performance doesnโt guarantee future results.
DUBAI TAXI COMPANY (DTC) Riding The Ascending ChannelDTCโs bouncing clean off the old resistance, now strong demand. Classic flip. Riding within an ascending channel, eyeing 2.75+ โ just needs volume to push through
### ๐ข **Support Turned Demand Zone**
* The **previous resistance zone** around **2.33 โ 2.42** has flipped into a **strong support/demand zone**.
* Price dipped into this zone and sharply bounced, confirming **buy-side absorption** at that level.
* Classic **S/R Flip** behavior โ ideal for long setups.
* **Ascending channel** is developing โ price respecting both upper and lower trendlines.
* Higher highs and higher lows = bullish structure in play.
* Channel is guiding price towards **next resistance/supply levels**.
### ๐ก **Supply Zones**
* **2.75 โ 2.85**: Marked supply zone with heavy volume profile clusters โ likely profit-taking or institutional selling pressure.
* Expect some turbulence or partial TP in that area.
---
### ๐ **RSI Perspective**
* The bounce from demand zone came with **low RSI** โ signaling **bullish divergence** or **oversold** conditions
* Another bullish technical confirmation for current long bias
---
## ๐ฏ **Trading Plan**
| **Entry** | 2.54 โ 2.56 (channel support retest) |
| **Stop Loss** | Below 2.42 (under demand zone) |
| **Take Profit ** | 2.85 (major supply zone) |
| **R/R Ratio** | Approx **1:2.8** |
---
> *โEvery resistance broken becomes a soldier in the support army.โ*
---
### โ ๏ธ **Disclaimer**
> This analysis is for educational purposes only and not financial advice. Always do your own research and use stop losses.
$NVDA In, $AAPL Out โ AI Supercycle May Be Just Starting๐จ JUST IN: NASDAQ:NVDA surpasses NASDAQ:AAPL to become the second-largest company in the world, right behind $MSFT.
And if that wasnโt enough:
Trump calls Nvidiaโs Huang "my friend"
Hints that Nvidia replaces Apple as his go-to tech ally
Meanwhile, Bloomberg reports Nvidia could ship 500,000 AI chips yearly to the UAE until 2027 under revised export rules.
Jensen Huang also confirmed Saudi Arabia is building massive GPU factories, describing them as โenergy in, intelligence outโ systems.
โ ๏ธ The market may be waking up to the reality that AI is not as cyclical as many feared.
๐ On the chart:
NASDAQ:NVDA broke to a higher high (HH)
NASDAQ:AMD testing lower high (LH) breakdown resistance
Could AMD follow Nvidiaโs breakout? The setup is there.
Dubai Financial Market (DFM) โ A New Bull Cycle Emerging?# **Dubai Financial Market (DFM) โ A New Bull Cycle Emerging? ๐๐**
If you think that Dubai Stock Market has already had hits moment, think again - the real party is just about to begin!
The Dubai Financial Market (DFM) has historically followed a **clear cyclical pattern**, with **three major market cycles** observed over the past two decades.
- **Cycle 1 (2005-2009)**: A strong bull rally followed by a deep correction.
- **Cycle 2 (2013-2015)**: Another rally that led to a sharp decline.
- **Cycle 3 (2021-2022)**: A similar structure, with a bullish phase and subsequent retracement.
## **Are We Entering Cycle 4? ๐ฅ**
Recent price action suggests a potential **breakout above the long-term downward trendline**, a signal that a new bull cycle **could be starting.**
๐ **This could be the start of a multi-year bull cycle!** this could signal an excellent buying opportunity.
๐ **What do you think? Are we ready for another Dubai bull market? Let me know in the comments!** ๐ฅ๐ข
#DFM #DubaiStocks #StockMarket #Trading #Breakout #BullCycle #Investment ๐
ADCB Long setup
ADCB (Abu Dhabi Commercial Bank) โ 30-Minute Chart Analysis
- The price is currently in an overall uptrend forming higher highs (HH) and higher lows (HL).
- After a possible short-term correction
- The price is recently tested a key demand zone around 11.58 - 11.44 and touching the upward trend line which acts as a resistance level.
Trade Setup
- **Entry:** at **11.82 - 11.92**.
- **Stop Loss:** (Below 11.40)
- **Target:** 12.60 (next supply zone )
- **Risk-Reward Ratio:** ~1:3
TALABAT - (DFM) Potential Reversal from Demand Zone๐ TALABAT Potential Reversal from Demand Zone ๐
The stock has been in a downtrend since its IPO, establishing an uptrend around January 5th, followed by a corrective wave starting January 21st after the previous impulsive move.
Currently, the price is testing a key demand zone (1.42 - 1.39), which was formed earlier in January. Signs of a potential trend reversal are emerging, including a break of the downward trendline.
A strong supply zone at (1.59 - 1.62) could serve as a profit target for an upward move.
This could mark the completion of Wave 2 correction within a larger uptrend. A breakout above 1.46 may signal the start of Wave 3, leading to a powerful bullish move.
Setup:
Entry: 1.42 - 1.45 (demand zone confirmation)
Stop Loss: Below 1.39 (invalidates the demand zone)
Take Profit: 1.59 - 1.62 (supply zone)
Risk-Reward Ratio: ~1:3 (ideal for a high-probability setup)
"The market is a device for transferring money from the impatient to the patient." โ Warren Buffett
๐จ Disclaimer: This is not financial advice. Always do your own research and manage your risk accordingly. ๐จ
Julphar (ADX) Long SetupJulphar has been in up trend since 18th Dec with a lovely 33% profit so far. The stock is making a correction now touched the upward trend line which coincides with a a 1H demand zone. this DZ has been holding for the third time, the price expected to shoot higher whenever we have 3 touch points.
Good time to enter or add to your position.
Entry ~ 1.48
Target ~ 1.63
SL ~ 1.40
Remember,
โThe trend is your friend until it bends at the end.โ
________________________________________
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading involves significant risk of loss. Always perform your own analysis and consult a financial advisor before making trading decisions.
ADNOC Drilling Potential Reversal from Demand ZoneADNOC Drilling bouncing from a 1H DZ, and rejected the Daily trend line, this is a good indication for upward momentum, after disappointing Earnings but positive 11% revenue higher than estimates.
Enter around 5.58 with potential target at 6 (Supply Zone)
SL 5.44 (base of the 1H demand zone and under the trend line)
Good time to jump in or add to your position.
Trade safe !
๐จ Disclaimer: This is not financial advice. Always do your own research and manage your risk accordingly. ๐จ
SALIK (DFM) Wave 5 in playSALIK has undergone a significant correction of 18%, marking the conclusion of wave 4. There is now potential for wave 5 to commence, following a bounce from the Daily Demand Zone (DZ).
The 1.68 Fibonacci level indicates a target price of approximately 7.8, suggesting a potential increase of around 60%.
This could be a good opportunity to enter the market or add to your position
Alpha Dhabi ADX - Bullish RSI DivergenceAlpha Dhabi is signaling a strong bullish continuation backed by RSI divergence and Elliott Wave structure. Enter near the 12.30โ12.36 zone, manage risks with stops below 11.70, and take partial profits at each TP level.
The RSI formed higher lows, while the price made lower lows, indicating momentum is shifting to the upside.
Trade Setup:
Entry: 12.36 (Bullish RSI divergence confirmation above demand zone)
Stop Loss: 11.70 (Below key demand zone, invalidates Wave 2 structure)
Take Profit Levels:
TP1: 13.00 (RRR ~1.5:1, first supply zone)
TP2: 13.50 (RRR ~2:1, strong resistance near Wave 3 target)
Stretch Target: 14.56 (RRR ~3:1, possible Wave 5 completion)
"Be fearful when others are greedy and greedy when others are fearful." โ Warren Buffett
"Stick to your risk management plan and trust the structure as long as the pattern holds."
Disclaimer: This analysis is for educational purposes only and not financial advice. Always perform your own due diligence and trade responsibly. Past performance is not indicative of future results.
Dubai Taxi Company (DTC) - Possible Bullish BreakoutDubai Taxi Company (DTC) - Possible Bullish Breakout Setup ๐
๐ Chart Pattern:
Symmetrical Triangle + Flag Formation
๐ข Revenue Estimate:$626M vs $507M** (๐ฅ +23% QoQ Growth)
Strong earnings growth supports the bullish breakout scenario.
RSI Divergence: bullish RSI divergence supporting an upside breakout.
Flag Pattern: A bullish flag suggests a continuation toward new highs.
Trade Setup:
๐ข **Entry:** **$2.73 - $2.75** (On breakout with volume confirmation)
๐ฏ **Take Profit:** **$3.15** (measured move target)
โ A **break below $2.65** invalidates the setup.
*"Markets are never wrong, only opinions are."* โ Jesse Livermore
โ ๏ธ **Disclaimer:**
This is **not financial advice.** Always conduct your own research and manage risk accordingly. Trade at your own discretion.
BILDCO 1H - RSI Divergence, ABC Correction Ending? Time to Buy?๐ BILDCO 1H - ABC Correction Ending? Time to Buy? ๐
Market Overview
Abu Dhabi National Co. for Building Materials (BILDCO) has experienced a strong rally since Mid 2024, reaching a high of 1.34, before correcting sharply.
- The stock has now completed an ABC corrective pattern, with Wave C touching a major demand zone around 0.9546 - 0.9906.
- RSI bullish divergence detected, signaling potential exhaustion of selling pressure.
This could be the right time to accumulate positions as a new impulsive wave may be starting.
- A breakout above 1.12 could confirm a new bullish impulsive wave.
๐ RSI Divergence & Momentum Shift
-Bullish RSI Divergence formed at demand zone, indicating potential trend reversal.
- The RSI has crossed above 30 and is testing the 40 level, signaling that momentum may be shifting bullish.
- If RSI moves above 50, expect strong buying pressure.
๐ Trade Setup:
โ
Entry:1.12 (BOS)
๐ป Stop Loss: Below 0.95(invalidation of demand zone)
โ๏ธ **Risk-Reward Ratio: 1:4+ (solid trade setup)
โก Key Levels to Watch:
โ
Bullish Confirmation:
- Break above 1.12 = Trend reversal confirmed
๐จ Bearish Risks:
- Rejection at 1.10 could cause a pullback.
- A drop below 0.95invalidates the bullish setup.
"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble." โ Warren Buffett
๐จ Disclaimer: This is not financial advice. Always do your own research and manage risk accordingly. ๐จ






















