SALIK at the channel bottomIt is a good entry point if it bounces from the channel bottom
If it breaks the channel then we can expect some bearish run as the market overall is running a bear trend
ADNOCGAS Bearish trend continues but maybeMay be there is a chance of this getting a bounce from the trend support line
Or it can go back to the strong support of 3.05 to 3.07
Lets wait and see . This correction is not due to any news
ADNOCGAS, UAE, to go uptrend after a slight correction ADNOCGAS, AbuDhabi, UAE,
On the daily chart, a sign for a profit taking (minor correction), then to go uptrend
GHITHA, UAE, to go up, longGHITHA, ADX, UAE
On the daily chart, positive indicators and signs for starting an uptrend.
Targeting 50 - 55 in few weeks.
Then a correction, then the next up level of 65 - 70 in few months
ready againPresight is looking positive overall, its at support level again I think buyers will get activate at current levels. Good for long term and short term gains.
Hit like like & follow guys;)
All time High!!It was going so strong, but last week due to the IPO that was announced (ADNOC L& S ) people started to liquidate their positions to grab this IPO most of the positive stocks also suffered along with it. Anyhow its still looking positive to me it will rebound at support zones.
Hit like & follow guys ;)
Range BreakoutThis stock is very strong fundamentally i dont know why its still stuck with in the range. It also gives out handsome dividends, i think soon it will break the resistance and go past 2.60
Hit like & follow guys ;)
Still PositiveOver all Emaar after distributing dividends is still looking positive, i see this stock is very good for long term holding.
Hit like & follow guys ;)
ADNOCGAS Channel broken AdnocGas was going in an amazing direction making a parabolic move since inception but looks like it has entered into a correction phase
The parabolic channel is now broken and support is being established at the moment
3.17 to 3.21 is an important support channel which has been tested multiple times since the demise
Its a good time to create a partial position . if it falls to the next support level that is around 3 to 3.07 area then more accumulation can be made.
So far I haven't found any news related to this drop so it could be just a correction
GULFNAV not slowing downGulfNAV on the back of their great earnings is making new all time highs
As you can see the trend line is being followed/respected nicely An entry after a retest of the trendline while doing a short correction would be great entry
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.
DEWA bullish reversalDEWA is simply making HH and HL based on dow theory
And if you see FIB drawing you can see the bullish reversal will be confirmed once it enters the golden FIB pocket in 2.69 + zone
Right now its following a good path after great earnings and it will continue to move up and hopefully a bullish reversal will be confirmed
Entry can be then made at 2.69+ levels or if you are fine with a small risk then enter now too
ADNOCDRILL at a sweet spot ADNOCDRILL is testing a very strong support level at the moment
I have highlighted all the re-testing phases of this support level i.e 3.78-3.84
It can be the launch pad of the next bull move
SALIK bullish till earningsSALIK earnings on 31 May
It will make a run in bullish direction until the earnings come
Ride the bull run but if the channel is broken then there is a chance it might drop and only can run again on positive Earnings on may 31 , mark your calendar
TAQA bearish trend continuesTAQA has been in a bearish trend since long time , so until that bearish path is broken I dont think making an entry in the hopes would be a good idea for now
We continue to monitor this and will make an assessment once it breaks the bearish trend
ADNOCDRILL in accumulation phase? ADNOCDRILL currently retesting a very strong support of 3.78-3.83 levels
It has been doing that from multiple days now and we need to wait and see if it use this support level to make a new move going up or falls further to next support levels . Going further down will break the initial bull run
ADNOCGAS Paraobolic ride EnjoySince the inception of this lovely stock its continuing a parabolic move and has recently retested its new channel median support line
Entry at current price or any where close to the support line i.e 3.35
Until this trend is not broken the move can be ridden .
If it goes below 3.20s and forms a new support and retest it then it means this parabolic channel is broken and then we will analyse the movement again.
Best of luck
Next Big MovePresight is at a very good level, one more thrust to the upside is expected. My next target is at 3.80 over all very bullish on this stock.
Hit like & follow guys ;)
EMSTEEL FIB Golden PocketEmSteel looks like making a bullish reversal
If it crosses or Enters the FIB golden pocket i.e between 1.70 to 1.80 then we can have a ride till the previous highs of 2.12 as this will complete a fib retracement.
Entry @ 1.70 to 1.80
SL @ 1.58
TP @ 2.0
ALRAMZ Corporation ADX ShareALRAMZ is in demand area and shown good support by buyers TP=4.4 about 300% Gain
DEYAAR Development Share , UAE ADX SockDEYAAR ADX Stock Market Share is in good Demand zone
at First Buy in orange Area and if with any reason Price go down to Black Box dont Worry
These are Best Prices to Buy in Past 365Days
First TP: 0.672 means 30 Percent
Second TP:0.927 means 80 Percent Gain
Considering Price is in Upward Movement and Dont Sell all Your Shares Just Save Profit and Best Tp should be 2.34 means 385% Gain for Long term
