Lets see today if it can break the resistance. Watch out the video for more details ;)
I think this time its ready to break 14.00 and hit 14.50
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Hello everyone, according to my chart analysis in 1 WEEK of EMIRATES NBD BANK, I recommended to close all long position and take profits for anyone who TRADE long term because EMIRATES NBD BANK is giving us a strong signal to sell.
Now is your chance to sell and wait for your profits referred to in this stock.
A very heavy weighted stock in Dubai Stock Market, after the dividends its very normal for the price to drop. But the most important thing after the drop is to sustain and bounce back again showing the strength in that company & stock. We are seeing similar kind of reaction from the market its trying to bounce back I think we should wait for a breakout of the...
If you have seen my previous analysis on EmiratesNBD I had mentioned its stuck within a range for months, 14.25 was the resistance/upper range. It have come back to retest but we can see a huge Red candle with much of selling pressure this looks bit scary although I think buyers will tomorrow try to protect this level so that it does not go back into the RANGE...
For now its in the middle of the range, for many months and days. I would recommend it to buy at support and sell at resistance. Yes its in a uptrend for now. Lets wait and watch. Hit like & follow guys ;)
Trying to reach this level and we have 75% of probability will break the resistance and we will see highiest prix
Very strong stock also heavy weighted stock. Its at a resistance which is weak and its ready for breakout. If you buying this watch out the target levels on the chart. Sure Bullish!! Hit like & follow guys ;)
The market can't break the support two times / and he breaks two times the resistance of the market that means the market will continue to up and follow the trend
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If you are following my trade ideas i mentioned that it made a nice bullish engulfing pattern right at the support level. Also it did come down for a test and now moving to the upside. Still looking bullish first target around 10.30 Hit like & follow guys ;)
We can see a nice bullish engulfing pattern right at the support level. Enbd is a very strong stock and heavily weighted on market index when this stock moves market index moves too along with it. It looks bullish to me!! Hit like & follow guys to show your support ;)
I dont trade this stock, however my followers trade this one so i do the analysis for them. I did mention in my previous analysis to wait for the buy signal to go long on this one.In thursdays session it made a nice bullish bar right at the support level which gives us a indication that bulls are here and interested to buy this stock. More upside expected. Hit...
EmiratesNBD is bouncing off support in the Weekly chart. And in daily we have some attempt for a possible breakout. A classic breakout and a retest should be observed before attempting to get long. We are just playing bounces and it is hard to tell if we will witness a reversal in the overall bearish trend. Daily Chart MACD and RSI are showing us a...