ESG ADX Long Setup🏢 Company Overview
Emirates Stallions Group is a major diversified holding company based in Abu Dhabi, UAE, and is part of the International Holding Company (IHC)
🔧 Core Business
Manpower & Accommodation Solutions:
Provides workforce management and labor supply (both skilled and unskilled)
Develops and manages staff/workers accommodation via subsidiaries like Sawaeed Holding, Century Village, and Tri Star
Real Estate Development & Construction:
Offers a full suite of services: feasibility, design, construction, project management, and post-construction operations
Includes specialized hospitality and engineering projects (e.g., ESG Hospitality, Royal Architect, Abu Dhabi Land General Contracting)
Retail, Interior Decoration & Manufacturing:
Owns and operates furniture and interior retail brands such as Decovision, Vision Furniture, AFKAR (OC Home, 2XL Home)
Handles manufacturing of wooden doors, cabinets, paneling, and decorative wooden elements
Landscaping & Agriculture:
Through Gulf Dunes Landscaping and ESG Agro, delivers landscape design, installation, and agriculture solutions with an eco-friendly focus
Investments & Consultancy:
Provides technical consulting, brokerage services, and holds investments across various sectors and global markets
📊 Recent Financial Highlights (2024 Data)
According to Reuters/LSEG, ESG reported:
📈 Revenue: AED 1.27 B
💰 Gross Profit: AED 436 M
🧾 Net Income: AED 225 M
🌍 Business spans over 20+ countries, with more than 35 subsidiaries across 4–6 industries
The Wall Street Journal
The company is highly diversified across workforce services, real estate, retail, agronomy, and investments
Regional to global reach, especially strong within the Gulf Cooperation Council (GCC) and expanding internationally
Integrated model enables turnkey solutions spanning design, construction, workforce logistics, and operational management.
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📉 Daily Trend Line Break – Technical Breakdown
🟢 The Setup
A descending trend line from the all-time high near 22.40 acted as a clear resistance cap through late June and early July. Which came after the May 2025 180% rally
This line connected multiple lower highs, creating a consistent bearish structure (Correction).
💥 Price Action & Breakout
Price action has now broken above that descending trend line, especially visible on the 30-min chart around the 15.70–16.00 zone.
This break came right after:
A demand zone bounce near 14.5
Completion of an Elliott Wave (4) correction
Breaking a daily trend line after a wave (4) correction is a classic confirmation signal that Wave (5) is kicking off.
If ESG holds above 15.70–16.00, we may see continuation toward:
🧾 Trade Idea (Long Setup)
📍 Entry: ~16.16
📉 Stop Loss: 15.08 (below local structure low)
🎯 Take Profit: 19.62 (prior supply zone retest)
🎯 Extended TP2: 22.3 (Last High)
⚖️ Risk/Reward Ratio: ~3.2R+
“ESG just tapped the demand zone like a sniper. That ABC correction looks done, and we got that hidden bullish divergence whispering ‘pump time’. If it breaks that 16.50 diagonal, bulls might rip through to 20 like it’s butter.”
⚠️ Disclaimer
This is not financial advice. Always do your own research and manage risk according to your strategy. Trading involves significant risk of loss.
ESG trade ideas
Possible Scenario for ESG on 60 mn framethere might be ossibility that ESG relaxed untill reaches the area near the green lines so it can be suitable to take two quantities around the two green lines and sell them if the price reaches 10.9
The scenario fails once the price closes below the (stop loss) red line 9.52