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ISLAMIC ARAB INSUR

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SALAMA trade ideas

Salama where to buy?Finally it gave a nice up side breakout and i closed my trade in profits FINALLY LOL, for those who missed this trade it will give you a second chance very soon just keep stalking this stalk as it has potential and smart money is buying this one. People are sending me msgs and asking me exact buying price! please there is no exact buying price or selling price i have marked the zone where price should give you a buy signal & sell signal thats where you have to buy once you get the signal. THERE IS NO EXACT FIGURE !!! Just stalk this one and wait for the price to come to your level and thn go for the kill, dont rust just be calm and patient.It will be a easy trade and will give you nice profits. Hit like & follow if you like my trade ideas.
DFM:SALAMALong
by stalkstock
Failed to break outAs i mentioned in my last idea about salama that this is the third time it is trying to breakout and hopefully it will, it did give a breakout today but it failed and dropped down. Today market was down over all but salama maintained the gains till noon and later it gave away almost all the gains but closed in green with a big inverted hammer. Investors booked profits and immense selling pressure continued and it could not close above 0.520. Any how it have given a close above the neckline so there is a good chance for it to make a upward move tomorrow again. Bullish! Hit like & follow to show your support :)
DFM:SALAMALong
by stalkstock
SalamaNice closing today and at the resistance area exactly. Will it cross ? this is the third time its trying to cross the resistance last 2 were unsuccessful and it could not hold the breakout lets see if it can make it tomorrow and hold it. Also as we can see in the chart it have made double bottom pattern ( also W) and it have closed above the previous days close also the price is exactly below 200ema which is acting as dynamic resistance. If the price can close above 0.516 it will turn really bullish and can move further upside. I think this time it wil be successful in breaking the resistance. I am bullish! Hit like & follow to show your support :)
DFM:SALAMALong
by stalkstock
Salama weak weakerOMG what to say about this stock its testing my patience, i am still in this trade and in negative zone so far. It made a long big doji yesterday and today it opened with a gap down directly indicating weakness in this stock and no buyers. It is back at 0.50 level which is immediate support it has tested this support so many times now and its becoming weaker it can easily break this support to go more down which will take me out of the trade. Lets see how it performs tomorrow now i am bearish on this one as the support have become weaker and weaker. $$$ hit like & follow to show your support $$$
DFM:SALAMAShort
by stalkstock
Salama Its becoming weak now, it go resistance strongly right at 200ema but at the same time found support at 0.500 level i was expecting it to close above the 200ema today so that it can continue going higher but it created a a big doji candle. Tomorrow is a decision day if it wants to go up or down i am still holding on to my trade. It can go either side but i think it might go up as it has accumulated twice at 0.500 area and it found support and it is now trying to break the resistance levels. Lets see i will keep a close watch and stalk it below 0.500 i will exit my trade and book a loss. Hit like & follow
DFM:SALAMALong
by stalkstock
Salama Whats wrongThis stock is under pressure ever since it gave a big breakout at 0.530, it could not sustain the breakout and closing lower everyday. Interestingly it have reacted to a key support level at 0.500 which is also a psycological support area. It bounced from here and stayed here for 2 days in yesterdays closing it made green candle bouncing off the support area. The trend of this stock is UP for short term i am expecting it will make a high very soon breaking 0.530 very soon. I am bullish on this one i am in this trade also i may add more to it. Hit like & follow
DFM:SALAMALong
by stalkstock