Burjeel, ADX, is almost at the lowest historical levelWeekly chart,
The stock ADX:BURJEEL is almost at the lowest price level historically.
The least support level is 1.98
Technically speaking, below that level, the situation will be tough for even the stock maker. So, I believe, the rebound will start soon, for long-term bullish wave.
Abudhabi
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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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!
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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
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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;)