Good HoldingLast week was for qholding, big announcements made this stock fly high into the skies obviously for now its correcting itself. Good news is that it have shown us some signal that correction have stopped fresh buyers are jumping it. If it breaks 2.93 get ready for another ride to the upsdie. And by any chance if it breaks down 2.75 it can go south for deeper correction. Overall qhodling looks promising.
Hit like & follow guys ;)
Abudhabistockmarket
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;)
RejectionClearly we can see a rejection candle right at the resistance line, meaning still buyers are not ready to take the price any higher. It can come down to retest the support area most likely from here. Or once the resistance is broken we can see some good momentum to the upside. For now its in a NO trading zone.
Hit like & follow guys ;)
Will it holdIt have broken the resistance zone successfully but now it have come down to retest the the previous resistance area. If it can hold here then we can expect more upside moment from here. This stock should be in your Stalking mode.
Hit like & follow guys;)
BUY GULFNAVDear Emirati traders, I’m sharing with you now a trade for tomorrow’s day trading to ride, as you can see on the chart, the price was consolidating for a month in a channel after the jump it did past months. Now it’s time it will continue going up on it’s way.
BUY IT and set TP and SL at your own risk
Please let me know what markets you want me to analyze for you in the comment section!
Analysis on UNION PROPERTIES Dear Emarati traders, I saw some people on a group welling to buy the UNION PROPERTIES Index for long term investment and I said why not to make an analysis on it to share it with you, I figured out that it’s not the right moment to buy it.
As you can see on the chart, the price is consolidating in a channel for 3 years now and still haven’t break through it.
What you’ll be waiting for is the price to break the resistance with a high volume so you make sure that it’s not a fake breakout.
Please let me know in the comment section what markets you want me to analyze for you.
Potential Chart FormationAldar is at a good support level, I am expecting a bounce from current level. Its forming inverted head and shoulder pattern potentially which is bullish. Its very important that aldar holds at current level else it will be a pattern failure and turn bearish.
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Positive LookFor now Burjeel is looking positive and its in a chart pattern, lets wait for the breakout i am still very Bullish on Burjeel Holdings. Tomorrow if it opens flat or with a gap up most likely we should see it going north. Else if overall market is negative it may come down for a retest.
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Trying HardIts been trying again and at but its not able to close above the resistance of 1.35 today again bulls showed some power and took the control. In order for this stock to turn bullish we want to see a solid green candle close above 1.35 so that it can continue the momentum for the coming week.
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Positive dayIts looks like buyers were waiting for it to touch the trend like thats now acting as support area. This looks good to go higher from here.
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Under PressureSurprisingly ADX stocks are not performing well for the last 2 months or so. Market can come down to retest the support level again that is around 9800. Burjeel will also be added to the index, its getting listed tomorrow so expect so high volumes. All the best to Burjeel Holdings.
Hit like and follow guys ;)