ARMX Shart Analyze, Sell ArmxARMX is going down I strongly recommend selling it and taking profit in the bottom line. I Will share analysis on every opportunity I see in GCC Companies
ARMX trade ideas
What did just happen?Aramex was up by 15% directly at the opening!!!! did you buy? did you get a chance? well the reason behind this is a institution bought huge chunk of shares at 4.77 per share so obviously its undervalued. People were grabbing this share like crazy and price was very nicely holding, good volumes and high number of trades. So more upside expected from here? yes as the bought price was at 4.77 so there is a space remaining to go up but market never forgets the gap. There is a huge gap created which has to be filled and this would be scary when ever it does. For now enjoy the bull run!!
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ARAMEX COMPANY Analysis Hello traders, ARAMEX COMPANY is in a bullish movement with low purchase volume made and a dash. The TIMEFRAME M1 makes us notice a dash with a low volume of past purchase, it went on the top of the stabilization zone to test it. Great potential to breakout the price then then the zone to arrive in a new one and reach the next top (View on TIMEFRAME W1). With first higher on MULTI TIMFRAME D1 H4 and H1 and then second higher. This is a pre-adjustment of TIMEFRAME W1 with a test of the bullish channel top.
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AramexSlow & steady wins the game this stock is in a nice and steady up trend i had posted my idea about this stock long time ago those who follow me if they have taken this trade am sure them have made big money on this one. It broke above 200ema retested it successfully and now continuing its trend. Its one of the safest stock in the dfm market as of now.
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Aramex - DFMAramex has got the momentum and is ready to go more upside, I shall buy this tomorrow if the market is positive, i look for intra day trade and exit quickly once i make some profit on it. See the chart for entry and exit points. Short term bullish on this stock. Happy trading
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