Strong StockIts a very strong stock fundamentally and technically also at the same time its good for long term investment. Over all very bullish!!
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DIB
DIB Going StrongThis is one of the strongest stock in DFM both technically and fundamentally as well. It have now crossed the dynamic resistance of 200ema and more upside expected. In a nice uptrend and good for a buy!!
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Dubai Islamic BankVery strong stock technically and fundamentally. Also its heavy weighted on index of DFM. It have made a base at the current level of 4.30 and now ready to take off again for a big ride the next target is 4.60 Very bullish
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DIBInside ascending channel its on the lower trend line even break or reject put your plan and strategy.
DIB GO!Its in a range and will give a breakout soon, fundamentally this stock is strong no doubt about it. If it closes above 3.97 it will confirm the W pattern and will move upside. I am bullish on this one
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DIB is it buy time or bye time ...Its a heavy weighted stock means dfm index moves when the price of this stock moves. Lets analyse, its a uptrend stock and retracing after the breakout i had previously also mentioned in my idea to go long on this one as this stock is very strong fundamentally and technically too. After the breakout it took support at 3.80 level and it have come back for the second time to test this area it made a doji candle that is indecisive but on thursday it made a nice bullish green candle giving a close above the previous days open which is very bullish. Yes bank stocks are very sensitive to the news so trade this if there is not negative news it can give good profits for sure.
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DIB - I am stalking you ;)We just cant buy or sell any stock, we have to wait for the proper level a good setup and a nice trigger. How do you do that? we have to keep an eye on the stock, you have to stalk the stock till it gives you your setup to invest into it. I will wait for it to come to my level give me a good buy signal and thn will go for the kill :)
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Dubai Islamic BankAnother breakout stock, it gave a solid confirmation to the upside i doubt if it will retest immediately as its given a confirmation after a series of djoi candles. I see more upside in coming days. Bulls are here. Happy Trading :)
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DIB TO 4.6 - 4.3 Expecting a fall in Dubai Islamic Bank share to go near 4.6-4.3 initially , we can also possibly see more decline in price coming year 2020
