QQQQ9999
PremiumTechnical Pattern Observed: The chart shows a Symmetrical Triangle pattern that has formed since around 2021. The price has recently broken out of the triangle to the upside, which is typically seen as a bullish signal indicating a potential trend reversal or continuation. 📈 Projection Targets: Target 1 (T-1): QAR 1.679 Target 3 (T-3): QAR 2.148 These targets are...
1. Monthly Chart (top-left) Current price is around QAR 1.72 – 1.80. Long-term trend has been bearish, but the stock seems to be forming a base and gradually moving higher. Major long-term resistance sits at QAR 3.17. 2. Weekly Chart (bottom-left) The 200-week moving average (blue) is close to the current price → a strong resistance test. A confirmed...
Key Points Wave A and B Wave A peaked near 1.25–QAR. Wave B dropped the stock to around 0.85 QAR. Current Wave C The stock is now in Wave C, which itself is subdivided into five smaller waves (i, ii, iii, iv, v). Right now, price is around 1.215 QAR, likely at the end of wave iii or starting wave iv. Potential Targets Final Wave C target is projected...
✅ Current Price Action: Current price: 0.676 QAR. ⚠️ Risk/Watch Zones: A confirmed breakout above 0.70–0.72 QAR is needed to strengthen bullish confirmation. A drop back below 0.63–0.60 QAR would invalidate the breakout in the short term. Watch for increased volume to validate this breakout.
the chart shows a technical analysis of Estithmar Holding (IGRD) on a weekly timeframe, using Elliott Wave theory and Gann/Fibonacci angles to predict potential price movements. Key Observations: Elliott Wave Pattern – ABC Correction: The chart suggests that the stock completed wave B at a recent high. A downward corrective wave C is anticipated, as shown by...
🔢 Elliott Wave Count The waves are labeled (1) through (5), indicating the current move is within the 5th wave of a major impulsive cycle. The third wave was the largest, which aligns with typical Elliott Wave behavior. The fourth wave appears to have completed around 2022. 📊 Key Technical Levels Major Resistance (~$3,500): The 5th wave is approaching a critical...
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The sharp decline during the previous two sessions, I think, was the last decline in the current wave. We are monitoring the current price channel.
CAPITALCOM:ALUMINUM In conclusion, the aluminium market is currently experiencing a bullish sentiment and prices are on the rise. However, the sustainability of this bullish outlook remains uncertain as the market remains volatile and unpredictable. NYSE:AA QSE:QAMC TADAWUL:1211 NYSE:AA EGX:EGAL