Trend Identification Still the up trend is intact, after the strong move from 2.35 zone qholding is now under correction but i think very soon bulls will regain the control. For now its just trading within the channel. Breakout Soon i am expecting a breakout, once the price closes above 3.70 i think people will start reentering this stocks with good volumes....
Dear Emirati traders, 2 weks ago, I posted to sell BOROUGE, and as you can see on the chart the price took its way down towards the target sat, you still can sell and set your SL and TP as shown on the chart. For further questions, don't hesitate to ask!
The trend is still positive, for now Rak Properties is establishing its support zone, I think very soon bulls will charge in and push the price higher. I have bought some quantities at 1.14 will wait for a bullish candle to close above 1.16 to add more. Although it can even come down lower to retest 1.10 area. Will wait for price action at that support to buy more...
TAQA is making simple HH and HLs and on its way to recovery from a long bearish trend. Entry at current price would be a good idea and accumulation at lower prices till 3.25 is also recommended STop Loss should be 3.15
I am still bullish on this stock, its still in a uptrend as of now its in a ascending triangle chart pattern. With todays closing it have made a doji right at the resistance creating confusion for tomorrow. But i think its worth taking a chance as this stock has a potential to make big moves. It is good for intra day and swing trade too. Over all this is bullish...
Trend Its still trending up, but for now it has hit the resistance at 4.10 area, today i sold multiply at 4.07 but i think it will come down for retest at support zone and this will be a buying opportunity for those who missed it at lower levels. If it comes around 3.95 lets wait for buying pressure and then pull the triggers. Hit like & follow guys ;)
Trend Its still in a uptrend but for now its bit extended so a correction is due on this recent rally to the up side. For the last 3 days we are seeing Doji candles at the same place I think it will make a big move very soon. Support & Resistance For now next support is around 1.10 zone and resistance is at 1.15 area. I will wait for it to close above 20 day...
Trend Overall trend is still intact, qholding is still in a uptrend. But for now its looking very scary its been going side ways for so many days and I think this week it will breakdown (big Move) Since its been just ranging which obviously market does not like. Break out Which ever way it breaks out the move will be bigger, if it breaks down those holding...
Trend Etisalat is in a strong downtrend for now, for the last 2 days we are seeing some bounce/short recovery. We cannot trust this move as this can be a correction phase of this massive drop to the downside. We wait for a proper bullish price action to take any position. Fib Level Watch out 50% Fib level area if we see rejection candles around that area it...
For now its just goin side ways, very thin volumes traded in this stock. Usually we see big volumes when there is at news that is effecting this stock. For now nothing interesting, if it breaks the current support area that is 19.75-80 area then it can come down for a retest. Other scenario for it to be bullish it will have to break 20.35 and close above it to...
Trend It have started fresh trend, price is right near 200 day EMA once it clear sky is the limit. But for now 24.00 is a hurdle. If it comes down to retest 22.35 i would consider this as buying opportunity. Volumes are now increasing on daily basis looks like people are jumping in. Hit like & follow guys ;)
Trend For now its still looking safe and in a uptrend, but i hope its not forming a head & shoulder pattern. If the pattern is confirmed then be ready for a selling scenario till about 3.30 zone New High On the other side, if it manages to close above 3.60 this will be a good sign that its ready to go higher and bearish pattern will be invalidated. Over all i...
Trend Its at a bring to establish a downtrend once we see a confirmed close below 200day ema. For now its taking a pause at a very crucial support area if this is broken then we can go down south. For now i am not interested to catch a falling knife, let manazel show us a bullish price action to buy this bad boy. Hit like & follow guys ;)
Trend Its been just going side was for ages now, once it breaks 3.46 and closes above with good volumes thats when we can have a trend confirmation. With last weeks closing its looking weak. Breakout Once we see a confirmed breakout that's when we can plan out buys for now its in a no trading zone it can retest support 1 and support 2 area. Also the have...
Trend Fertiglobe is looking so nice at current levels I feeling like jumping in right away. Its been trending up however its about to break 200ema yet. For now its above 20,50,100 most likey we will see it breaking the resistance and close above 200ema very soon to establish a uptrend. Plan I think any bounce from the support area should be considered buying...
Trend Its in a strong uptrend for now, and its at a very crucial zone to break ascending triangle pattern. Get ready for some gains here. Chart Pattern From 15th August 2023 we are seeing its been trading in a tight range, and now its ready to explode most likely to the upside from here. I am targeting 3.10 zone in mid to short term. Hit like & follow guys ;)
Trend Overall the trend is still positive but now its been consolidating at the top for so many days I hope its not a distribution phase of this trend. We are seeing some weakness from the bulls but still there is no confirmation yet. Chart Patterns Well we can see a consolidation happening within a tight range and at the same time we can see price is testing...
Trend Multiply is on a strong uptrend and I think it will take a small break before breaking the next hurdle. Either it can come down to retest the immediate support or it will continue to go up from current level. Weekly closing is very bullish and i am expecting a continuation of this trend to the upside. Targets I think next resistance area is around...