DON'T BUY ON ADNOCDRILLDear Emirati Traders,
I'm sharing with you some of the stocks you can't buy for now since there are no clear entries and it will only come you with losses.
As you can see on the chart, the price has just reached the Rejection Block this week and pulled back on it to give us a confirmation that the market will come down to our EQ level.
If you're holding just close your positions and wait for the price to reach the level it will reverse.
The comment secion is all yours for further info!
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Abudhabi
BUY ADNOCDISTI'm saring with you again one of the trades you can ride and hold for a few weeks on ADNOCDIST.
As you can see on the chart, the price just pulled on the EQ with a high volumed big candle which is an indication to buy and target the next LQ Pool to close at the safest point on the Bullish move.
The comment secion is all yours for further questions!
Follow for more!
Borouge price is playing in a critical zone!Daily chart, Borogue stock is trading in a critical zone (YELLOW circle)
MACD is negative, RSI is descending, but -positively- near over-sold level.
Falling below support line (RED) will push the price towards 2.24, then 1.96
Above resistance line (BLUE) will target 2.60, 2.70, 2.84
IOTA Foundation Partners with WEF and Global Trade LeadersThe IOTA Foundation ( SEED_DONKEYDAN_MARKET_CAP:IOTX ) has allied with leading global entities to embark on an ambitious journey that promises to reshape the landscape of international trade. This strategic partnership, which includes the World Economic Forum, Trademark Africa, and the Tony Blair Institute for Global Change, is poised to address the age-old inefficiencies and opacities plaguing global trade through the groundbreaking Trade Logistics Information Pipeline (TLIP).
Revolutionizing Trade with TLIP
With TLIP, the concept of physical stamps on trade certificates is gracefully retired. Instead, it stands for a digital counterpart that ensures documents remain irrevocable. The immutable nature of IOTA’s DLT offers an unassailable assurance that once a document is authenticated, it cannot be altered, creating an unbroken chain of accountability.
The Power of Distributed Controls
A critical feature of IOTA’s technology is its distributed controls, which allow trade actors to manage their data and grant access permissions autonomously. With this, the TLIP can preserve the decentralization ethos of the free market. This approach negates the need for a centralized platform, annihilating the risks associated with data consolidation.
Forging a Collaborative Governance Structure
In the WTO’s 13th Ministerial Conference in Abu Dhabi, the IOTA Foundation ( SEED_DONKEYDAN_MARKET_CAP:IOTX ) and its partners made a commitment through a Collaboration Agreement. The essence of this agreement is to foster a collaborative and impartial governance structure for TLIP. This inclusive framework invites stakeholders to co-design the digital future of international trade
The TLIP is underpinned by open-source technology, which ensures that all participants, regardless of their size or sector. Further, they all have equal access to the digital infrastructure. The goal is to create a non-profit, interoperable ecosystem to serve as a foundation for companies to build commercial models. Also, to power applications that add value to the entire trade process.
The partnership between the IOTA Foundation ( SEED_DONKEYDAN_MARKET_CAP:IOTX ) and global trade leaders is more than just a technological alliance; it’s a beacon of change for the international community, signaling the dawn of a more efficient, transparent, and collaborative global trade environment.
IOTA Network Finds Surge in NFT Activity
As per the IOTA explorer, a significant increase in the creation and transfer of NFTs is observed, especially in recent months, peaking in February. This uptick indicates a growing interest in and usage of the IOTA platform for NFT transactions.
Further, there’s been a noticeable spike in active addresses, suggesting a heightened activity that could fuel the IOTA price. This could reflect a burgeoning user base or increased transactional activity, possibly driven by the NFT market activities.
The ledger size is gradually increasing, a sign that more data is being stored on the IOTA network. This growth is crucial as it shows user adoption and network utility. A larger ledger signifies that more information is being secured on the IOTA Tangle. Thus, it points to its viability and robustness as a data management system.
Presight is Struggling After the breakdown of the trendline that was supporting the price we can see more selling pressure coming in. For now its just establishing support at 2.30 zone. I will only consider this bullish once it back in the safe zone that is inside the wedge pattern. For now its in a no trading zone so wait and watch game.
Hit like & follow guys ;)
New Launch in DubaiAldar properties is coming to Dubai, with its new project many investors are looking forward and i am sure it will be a huge hit in the real estate market. Dubai real estate market is booming for now i am sure once the financial results from the companies are out stock prices will rise.
Once this geopolitical mess is sorted markets will resume its uptrend, many stocks are currently under selling pressure but this is giving us opportunities to buy the stocks at cheaper prices.
Hit like & follow guys ;)
Can start a trendThere are good chances from current level multiply can start a new trend to the upside, if geopolitical scenarios are settled this stock can rally very quickly specially after disclosing there positive financial results this stock didn't perform due to the same reason but with todays closing we are getting some sort of indication that buyers are again getting activated.
Although this can be a short recovery, i am expecting it to go a bit higher from current level and then come down from a small correction to start a fresh trend to the upside.
Hit like & follow guys ;)
Still BullishTrend 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. For the last 3 weeks we are seeing thin volumes and low trades in this stock.
Buy & hold Strategy
I am still holding my position for the last 3 weeks, I am waiting for the breakout will sell around 4
Hit like & follow for more updates ;)
Will 200EMA SaveTrend
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 ;)
Its a PAINTrend
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 announced bonds that got listed on ADX this stock is looking good.
Hit like & follow guys ;)
Looking so YUMMYTrend
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 opportunity. However we will see the volumes and the candles forming into the support area.
Hit like & follow guys ;)
Breakout Soon ->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 ;)
QUICK ANALYSIS ON ADCBDear Emirati Traders, you can see on the chart thet the price pulled back multiple times on the resistance level and couldn't break through it, there's a high probability that the market will head down towards the 7.70 level, to make sure of that you must wait for a confirmation of the pullback then you can sell.
For further questions, don't hesitate to ask!
Corretion TimeWonderful performance today by qholding surely i didnt capture this, since i have missed it i am keeping this one in my Stalking Mode. Waiting for a dip to buy. Over all its very bullish!!
Hit like & follow guys ;)
Get ReadyBayanat is now looking very bullish, support is confirmed today with good volumes. I want to see tomorrow a small gap up opening and its ready to fly. Overall its a bullish stock now go for it.
Hit like & follow guys;)
I hope it drops a littleRak Properties made a good move today it was not a surprise to me I made a entry yesterday at 0.714 and I exited today at 0.746. If it drops surely it will be a buying opportunity for new and existing buyers. I will definitely buy it again if i get it at good level, stalking mode ;)
Hit like & follow guys ;)