ADNOCLS: Buy idea:Bearish ChannelOn ADNOCLS as you see on the chart we have a buy idea because we have the breakout with force the resistance line and the vwap indicator by a big green candle follow by a large green volume.Thanks!
ADNOCDIST (Adnoc Distribution) to target 4.52 in 3 monthsAbu Dhabi Market:
Supported by the technical indicators RSI and MACD,
On the daily chart, ADNOCDIST is moving in an ascending channel, where next target is 3.85, then 4.10.
Crossing 4.15 - 4.20 will push the stock to target 4.52 in 3 months.
Stop loss should be considered.
Go Deyaar GOIts getting stronger fundamentally with Dubai real estate market booming its developers time to make money and Deyaar is playing out very well they have recently launched a project that was sold out and soon deliveries for other projects will start. With todays candle close and volumes i think it will continue its upside momentum. Buts lets not forget Dubai Taxi IPO it can effect the markets.
Hit like & follow guys ;)
Americana will pick upFor now due to the geo political situation Americana is under pressure as people are boycotting the products but i think once the storm is settled we will see a boom in this stock. We can see some buying coming in already at 3.30 area i think price wants to come down to fill up the gap and then we may see a new leg to the upside. For now lets wait for some volumes at current levels to get a indication.
Hit like & follow guys ;)
Presight is Struggling After the breakdown of the trendline that was supporting the price we can see more selling pressure coming in. For now its just establishing support at 2.30 zone. I will only consider this bullish once it back in the safe zone that is inside the wedge pattern. For now its in a no trading zone so wait and watch game.
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Qholding can bounceAt current levels qholding is looking interesting, right at the support level that is 3.30 good chances fresh buying can come in but due to the massive IPO that is Dubai Taxi Company we may see low volumes in the market so many stocks will suffer as investors will give priority to the big IPO. But i think once everything is settled this will be a good stock that can start to trend higher.
Hit like & follow guys ;)
ICAP Holding TightNew entry in Abu Dhabi Securities Exchange is Investcorp Captial. It opened at 2.30 and its been hanging around the same price level which is good looks like its just establishing support for now. Good chances it can break higher from current levels. But at the same time lets not forget Dubai Taxi Company IPO will be starting from tomorrow and its a huge IPO so we may see liquidity crunch in the market for some days. For now i think icap can make slow and steady moves to the upside.
Hit like & follow guys ;)
EMPOYER: Buy ideaOn EMPOYER as you see on the chart we will have a hight probability to have an uptrend because we have a spring effect on vwap indicator and also if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
DIB: Buy ideaOn DIB we have a very high probability of having an upward trend given the configuration of the chart. We can observe small candles with small bodies and long wicks. In addition to this we are also above the vwap indicator. Which reassures us in our purchasing position.
However, we must be vigilant. If the vwap indicator is broken forcefully by a large red candle and accompanied by a large red volume, this means that we would have a high probability of having a reversal in the trend.Thanks!
ADNOCDIST: Buy ideaOn ADNOCDIST as you see on the chart we will have a big probability to have an uptrend if only if we have the breakout with force the vwap indicator and the resistance line by a big green candle follow by a large green volume.Thanks!
DEWA: Buy ideaOn DEWA as you see on the chart we have a buy idea because we have a spring effcet on the support line and also we have the breakout of vwap indicator and the resistance line. Thanks!
ADCB: Buy ideaAs you can see on the graph we are in an upward trend. This upward trend is confirmed through several points that we have raised. First, we have the breakout of the vwap indicator and also we had a spring effect on this indicator and this is what reassures us in our buying position. Additionally, we also have the breakout of the resistance line. With all these analysis conditions, we have a very high probability of having a continuity of this upward trend.Thanks!
emirates nbd bankemirates nbd bank is currently trading at all time high, which is showing more upside.
EMMAR DEVELOPERThis is stock is trading at all time high and have 5 years bo. Looking Interesting to go further up side.
ADNH HotelsThis consolidated nearly 18 years, current price is all time high looking interesting for long term, lets see how it will work.
Waiting for Fresh buyingBurjeel made a nice move to the upside as per the plan many made good money last week. Its going through correction phase but overall this stock is still very bullish. Very soon I think it will break the resistance of 3.10 area and will be trading above 3.40 fundamentally this stock is very strong and Burjeel is starting operations in Saudi its expending its business. Keeping this stock in portfolios will also attract good dividends.
Hit like & Follow guys ;)
No Bull PowerIt could not survive or recover completely although its financial results were very promising. Good chances it can come down to retest 1.33 zone and then may be we can see a bounce. Very small volumes for now it this stock. Need market maker who can provide liquidity for this particular stock.
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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.
Hit like & follow guys ;)
Still Recovering After the breakdown of bearish chart pattern we saw massive drop to the downside Deyaar is still recovering form the fall. For now its approaching resistance zone so if you are holding or if you have bought at lower levels my recommendation will be to offload some quantities as it approaches the supply area. For now there are good chances it may continue its upside movement.
Hit like & follow guys ;)
Be CalmLets not rush to buy this stock, resistance is very near at 3.20 Salik will soon release its financials and I am expecting it to be good. Good chances it can open with gap up and then we may see a continuation to the upside. For now taking any entries at current levels will be risky as it can again hit the resistance to get rejected and come lower. So lets be patient, once resistance is taken out its time to HIT IT.
Hit like & follow guys ;)
Trying HardDIB has made a attempt to break 6.00 but it could not and now its trying for the second time. I would like to see it spending days near this zone so that we can see a build up of contraction of volatility and then let it explode it to the upside. Support area at 5.40 in case if it wants to come down for a retest.
Hit like & follow guys ;)
