On DIC we will have a hight probability to have an uptrend because as you see on the chart we are under the vwap and also we have a candle with small body and long wick.Thanks!
Sell idea on ALDAR as you see on the chart because we have the breakout of the vwap indicator and the support line.Thanks!
1-hour chart, NMDC, after crossing the blue line at 28.4, the target will be 31 extended to 32.4 A chart pattern (ascending rectangle) will be formed. Technical indicators RSI and MACD are supporting this view. Stop loss 27.5
On ADNH we will have a hight probability to have an uptrend as you see on the chart because we can see a little candles with small wicks under the vwap indicator.Thanks!
On SALIK as you see on the chart we have a squeeze so it's mean that we will have a hight probability to have a downtrend.Thanks!
ADX:RAKPROP RAK Properties is setting up technically for a couple of swing trades. The first swing is about 11% profit target and the second one is about 29%. You can sell partially at the 11% Profit target or sell completely and re-enter where indicated on the chart for the second price swing. Please note, the price levels are what is critical here. The timing...
Deyaar is one of the largest developers in Dubai. Its real estate ventures include major growth corridors and prime locations, including Business Bay, Dubai Marina, Al Barsha, DIFC, Jumeirah Lake Towers, Dubai Production City, Dubai Silicon Oasis, Al Barsha South and Al Barsha Heights. The stock of this company had a breakout from an important horizontal level of...
On ADNOCGAS as you see on the chart we will have a hight probability to have an uptrend if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
On ADNOCLS as you see on the chart we have a buy idea because we have the breakout with force the resistance line and the vwap indicator by a big green candle follow by a large green volume.Thanks!
Abu Dhabi Market: Supported by the technical indicators RSI and MACD, On the daily chart, ADNOCDIST is moving in an ascending channel, where next target is 3.85, then 4.10. Crossing 4.15 - 4.20 will push the stock to target 4.52 in 3 months. Stop loss should be considered.
Its getting stronger fundamentally with Dubai real estate market booming its developers time to make money and Deyaar is playing out very well they have recently launched a project that was sold out and soon deliveries for other projects will start. With todays candle close and volumes i think it will continue its upside momentum. Buts lets not forget Dubai Taxi...
For now due to the geo political situation Americana is under pressure as people are boycotting the products but i think once the storm is settled we will see a boom in this stock. We can see some buying coming in already at 3.30 area i think price wants to come down to fill up the gap and then we may see a new leg to the upside. For now lets wait for some volumes...
After the breakdown of the trendline that was supporting the price we can see more selling pressure coming in. For now its just establishing support at 2.30 zone. I will only consider this bullish once it back in the safe zone that is inside the wedge pattern. For now its in a no trading zone so wait and watch game. Hit like & follow guys ;)
At current levels qholding is looking interesting, right at the support level that is 3.30 good chances fresh buying can come in but due to the massive IPO that is Dubai Taxi Company we may see low volumes in the market so many stocks will suffer as investors will give priority to the big IPO. But i think once everything is settled this will be a good stock that...
New entry in Abu Dhabi Securities Exchange is Investcorp Captial. It opened at 2.30 and its been hanging around the same price level which is good looks like its just establishing support for now. Good chances it can break higher from current levels. But at the same time lets not forget Dubai Taxi Company IPO will be starting from tomorrow and its a huge IPO so we...
On EMPOYER as you see on the chart we will have a hight probability to have an uptrend because we have a spring effect on vwap indicator and also if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
On DIB we have a very high probability of having an upward trend given the configuration of the chart. We can observe small candles with small bodies and long wicks. In addition to this we are also above the vwap indicator. Which reassures us in our purchasing position. However, we must be vigilant. If the vwap indicator is broken forcefully by a large red candle...