What can happen here?Where will this break? its been making very small moves, very small volumes, thin liquidity in this stock although the company is on a buy back program but still we are not seeing any significant moves in this stock.
For now its under going a chart pattern it can break on either sides, lets not rush and wait for the breakout to decide on the trend.
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Gulffinancehouse
Last Chance?GFH is not performing for so many weeks although we are seeing company is buying back it shares slowly. Its at a important support level that have been tested multiple times with in a short period of time so its weaker now. Yes there are chances it may go down further. If this level is to be protected buyers have to jump in.
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Going to ADX / TadawulIf in general assembly its approved, GFH will be listed in both the stock markets. The meeting is supposed to take place on 27th March many agendas are to be discussed its a very big meeting for GFH this stock is good for long term. Also in a bullish chart pattern i am expecting upside move. Although for now its been in a range for more than 2 months. Good potential!!
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Its at a important support levelIts been very slow and not performing lately, for now its at a crucial support zone of bulls want to protect this level we want to see good buying pressure. Solid resistance at 1.25 zone its been trying hard to cross it but not able to close above it. For now its in a no trading zone.
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Tried Tried & TreidIt tried a lot to close above 1.30 recently but could not although the company is still buying back it shares but we are not seeing many people buy this stock. Only hope for now is the financial results which will be declared very soon sure the company is fundamentally very strong but need some mind blowing results to take this stock to the moon, I am still holding this :(
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Buy Signal Looks very good setup to me i will add another position here if market opens positive. Its a very good stock with strong fundamentals also the company is buying back its share which is a clear indication that its undervalued for now. Hold this for long term. Very Bullish
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In a pattern/consolidationThis stock will very soon make a big breakout mostly to the upside, its also in a pattern but the beauty of this stock is its just consolidating near the breakout which is very positive and healthy for this stock. One this is for sure either way it breakout the impact will be very big. I am still holding it in my portfolio and its very good for long term too. Bullish!!!
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Wait For BreakoutNo doubt that this stock is on a strong bull run also backed by fundamentals. As of now we can see its forming a triangle pattern a breakout is expected soon with a big move. I am expecting a breakout to the upside. This stock is very good for long term holding. I would recommend to buy and hold some quantity for long term investment. Very bullish!!
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Nice TradeIts been doing fantastically good, my trade entry was at 0.739 i am still holding it i was expecting it to hit my target in thursdays session but it got rejected at 0.758 so lets see if tomorrow is the day. Overall this is the only stock that is looking bullish for now.
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