Icap is still positive after making a higher of 2.24 we saw correcting/profit booking. But the best part is its reacting positively right at the support area that is at 2.10 still its going as per the plan that I had recommended we can see 2.30 very soon and we will book the profits in that zone. After the listing it could not sustain it gave up all the gains but...
Fertiglobe is showing early signs of reversal, it was in a strong downtrend I didnt see any big buyers for this stock but last week we saw good volumes and its looking positive on the charts too. I think very soon it will try to retest 3.00 not to forget its a strong supply area as previously it will trying to break through but it get heavily rejected and made a...
Rakproperties is looking promising it has retested the support zone twice that is 1.30 and now its gearing up for the next big move. In short to medium term i think this stock will touch 1.50 with new projects and casino coming up Ras Al Khaima property is very hot and investors are grabbing what ever comes on the way. We will surely see a pump in stock price too....
Multiply is in a strong down trend for ages now, people are tired to see it RED on daily basis although its one of the top traded stock with solid fundamentals but still its struggling. For now we can see some fresh signs of reversal right at 2.45 area still this is not a uptrend there are chances it may hit the resistance get rejected and go below 2.45 I am...
If we talk about the over all trend of Union Properties upp then its still in a downtrend thanks to the positive news they released in Thursdays session investor got excited about this news and bought this stock like crazy. It has hit the resistance zone that is at 0.330 we saw some selling coming it. If it can sustain above 0.310 and establish a base this will be...
DEWA is under pressure it has already announced good dividends but for now its not holding. Need of the hour is to break the resistance of 2.50 with good volumes so that it does not come back at the same zone in near future. If bulls dont flex up then there are chances seller will drop the price till about 2.35 zone. Hope that does not happen we want to see fresh...
Deyaar is getting stronger fundamentally and technically as well. Thanks to the real estate boom in the DUBAI. New launches and deliveries is make Deyaar more profitable and its increasing its portfolio. Overall the trend in UP its been correcting itself on the way up so its healthy. Next strong area of resistance is at 0.763-0.765 zone
This stock should be above...
Emaar properties showed good strength after releasing its financial results. Investors are happy with the quarterly results and we can see the smiles on the chart. Emaar is in a strong uptrend no doubt, it broke the resistance of 7.57 it has hit our targets and now its heading for 8.45
Real estate is booming in Dubai and Emaar is the biggest developer in the...
Americana performed very well after they released the news about distributing dividends. Investors got excited in Wednesday's session and bought it in big volumes. Best part is in Fridays session when volumes are usually low and people book profits we didn't see any deeps correction it just touched 3.22 and again buying pressure came in.
For now Americana is...
The summit of 39 was the end of the fifth major wave, that is, the end of the cycle of the rise of a first great wave...
Its decline since then is a second major wave, most likely targeting 17.16
Long-term wave analysis
The stock is looking for the bottom of C of C Zig Zag, the second major wave.. At any moment, it can bounce in the third major wave.. But if the second is satisfied with 78.6 Fibo (0.214) levels of approximately 322, it can reach 0.254
C=A
Possible wave scenario
The strategic target for the Great C wave is 1.88-1.89
We are currently in the third subwave of the third major of C
If the bottom of 2.60 is satisfied, we will have a rise in the fourth branch to areas 3.07-3.35 (numbered in yellow), after which we will fall in the fifth branch. Only then will the third main wave of C end, then we will...
Possible scenario
Its current rise is most likely wave A of the sub-zigzag of wave of the main zigzag.
Target area 5.10-5.46
As for the main zigzag target , it will be determined only after the end of wave .
Target of C is either 2.87 or 2.68
But the worst scenario is that the third possibility targets 2.49, because if it breaks its historical bottom of 2.66, its overall upward cycle will fail, of which we still hope that the top of 4.54 was a great first wave.
Hello to all tradingview investors, according to my previous analysis I see a great opportunity with good probability, the details are reflected in the chart, greetings and good luck to al
Due to the price's attempt to return to higher targets, the stock is showing signs of diminishing buyers. But it seems that the main buyers in the lower areas are waiting for a strong purchase in the 1.80 until $2.25 area.
Daily chart, the stock is trading in a rising expanding wedge, and may test the minor support S1 line, then rebound to R1 line.
Above R1 line, the target will be 21.7
Below S1 line, target is 15.4 - and can be brakes by the support line S.
Stop loss below support line S.
