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DUBAI FINANCIAL
Long

DFM expecting to rise

By bassel.hadak
Updated
expect DFM to rise as we are now at the price of all time low , market might fall below previous lows but still long term view is long
Comment
snapshot DFM still showing weakness despite some nice gains in DXB market on other stocks this week , still DFM can break the weekly low back in Jan 2012 @0.68 ,
Comment
snapshot DFM has broken the low of 0.68 and reached to 0.65 , now weekly target is completed , time to look for another long
Comment
snapshot still DFM not showing any signs of trend change , expectecing to continue more down to region 0.64 and might go beyond to 0.56 , will update the idea if there is any change of structure
DFMdubailong-termStocksWave Analysis
bassel.hadak

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