QIC (Umm Al Qaiwain General Investment Co. P.S.C) — 10Min TF BuyQIC printed a parabolic +120% breakout from the long-term descending trendline back in July, followed by a textbook retest of the breakout structure. After topping out at 2.00, it retraced in a controlled corrective fashion and is now tapping into a clean Demand Zone (1.30–1.35), aligning with prior structure support.
This is a bullish reversal opportunity if the zone holds.
🔀 Trend & Structure:
Long-term Trend: Bullish breakout from descending resistance
Short-term: Corrective pullback toward structure
Price Action: Inside corrective wedge/bullish flag
Breakout Zone Retest: 1.35 demand level now being tested
🟩 Key Zones:
Demand Zone (Buy Area): 1.30 – 1.35 ✅
Entry Trigger: 1.38–1.40 (break and hold above micro-structure)
Stop Loss: Below 1.30
Target Zone: 1.88 – aligns with measured move logic and supply
🎯 Trade Setup:
Entry: 1.38–1.40
Stop Loss: 1.30
Take Profit: 1.88
Risk/Reward: ~6R
Max $ Risk: 1–3% of capital only
"ADX stocks often move stealthily, and accumulation breakouts like this often have delayed reactions — patience is key"
Avoid panic if price revisits 1.33–1.34 one more time; structure is still valid above 1.30
“The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.” – Jesse Livermore
⚠️ Disclaimer:
This is not financial advice. QIC is a thinly traded ADX name — ensure your capital exposure reflects your risk profile. Use proper stop-loss placement and position sizing.
