Powerful PerformaceEmaar properties showed good strength after releasing its financial results. Investors are happy with the quarterly results and we can see the smiles on the chart. Emaar is in a strong uptrend no doubt, it broke the resistance of 7.57 it has hit our targets and now its heading for 8.45
Real estate is booming in Dubai and Emaar is the biggest developer in the region. With new projects coming up and launches fundamentally its getting stronger and stronger. I think this time it i will cross 10.00 this stock is good for long term investment.
Hit like & follow guys ;)
Emaarstalkstock
LETS GO BABYEmaar Properties has released a positive news with the real estate booming in the UAE property prices are climbing up in other words fundamentally Emaar is getting strong day by day. We will surely see its reflection in the stock price too. With the last Green candle we are seeing buyers garbing this stocks I am expecting a continuation to the upside.
Watchout for a strong resistance around 7.45-7.50 zone. I think this stock will very soon be above 10dhs. For now its under due to geopolitical situation but over all this is a strong stock and highly recommended to be in portfolios.
Hit like & follow guys ;)
Pump & Dump??Emaar Just zoomed today in early session but could not sustain the gains and closed red. Strong resistance at 6.40 for now. I think it would be better if it spends some time near the resistance and gather a new momentum for a breakout that should sustain. Overall still bullish!!
Hit like & follow guys ;)
Watch out for a drop!!After the news Emaar have jumped but its not able to sustain the gains, it can make a violent move to the downside with a gap down expected tomorrow. If you have entered at lower levels its good time to book profit. Else wait for a bullish price action at support level. Over all trend is still intact to the upside.
Hit like & follow guys ;)