Fantastic performance by Rak Properties last week, over all bulls are very aggressive and without any mercy. Bears are not seeing till the end of the ocean for now. We saw huge volumes in this stock and it was top traded stock in Fridays session. I think this rally is here to stay and dip is buying opportunity for now. Real Estate Boom With the real estate...
Abu Dhabi Securities Exchange is at crucial support area, it have broken the trend line which is a sign of weakness but still the up trend is intact. We need more bulls to get activated at current levels to push the market index higher. Scenario One Either market can retrace 50% of Fib level to see a rejection and come down to make lower low, this will...
Overall Trend DFMGI is in a strong uptrend, as we see on the chart it have hit the resistance area of 4100 that is psychological and technical resistance. Its been going side ways for about 2 weeks not this is a good indication that bulls are still defending the support zone. Breakout Coming week which will be very crucial as more data will be coming out...
Qholding for now i think is bit streched there are good chances in Mondays session it can open with a gap up and then start declining. For now its bit risky to enter right at the top unless there is some big news coming out on Mondays related to Qholding. Over all its very bullish and in a uptrend. Hit like & follow guys ;)
After a long Bear trend from Nov 22 , Finally ADX has broken the bear trend and has started its Bullish movement. Its a great time to take entries
on an uptrend and looks very interesting after a small drop for accumulation and now going to the 4 aed territory by September will the show the potential
Big timeframe bull flag plus strong financials = boom
Bull flag on Bull flag on big timeframe looks very strong
Its recovering very nicely after the sudden drop, with this quick recovery clearly bulls are active and holding up. I think soon it will touch 2.50 zone. Overall this is still bullish!! Hit like & follow guys ;)
Still confusing with todays candle close and volumes its looking weaker but still in the safe zone, it can still breakout and reach 0.8 lets wait for a proper breakout and not rush I am stalking this very closely. Hit like & follow guys;)
Ajman Bank after the rights issue which was over subscribed, now its getting ready for a breakout. I am still bullish on this stock I think we should see 2.50 very soon. Hit like & follow guys ;)
Another bullish stock in Adx market is Fertiglobe, after the news it was under pressure for 3 days at the financial results were not promising. However big boys have entered the game and now its ready for upside momentum. Hit like & follow guys ;)
With big news surrounding Qholding bulls are just going crazy and buying what ever is available in the market. This stock have become very bullish for now and it will continue its momentum. Hit like & follow guys ;)
Still bullish and there is a chance of quick entry and exit in UPP for now its just taking some pause. If deyaar makes some big moves UPP will follow too. This one is good for a quick entry and exit. Hit like & follow guys ;)
Its a stock that not traded with big volumes for now, kind of volatile with thin volumes. I think it has consolidated for so many days now also it have broken the resistance of 3.30 area most likely we will see 3.45 very soon. Hit like & follow guys ;)
Watchout for the marked zone on the chart, Multiply can come down for a rest into that zone to continue its upside momentum. Buyers are waiting for some more correction and will start picking up from the bottom. Hit like & follow guys ;)
Its talking a pause after strong rally to the upside, i think it will retest 1.10 area again and resume it really again. Over all this stock is very bullish also financials are very strong. Hit like & follow guys ;)
Manazel also performed very well last week with big volumes, after correction now its ready to go higher as we can see it have already established support. In case if it goes low from here it can go more down hopefully we should not see this scenario. Once it crosses 0.543 I think people will start placing big orders. Overall bullish stock !! Hit like & follow guys ;)