ADCB (Abu Dhabi Commercial Bank) – 30-Minute Chart Analysis - The price is currently in an overall uptrend forming higher highs (HH) and higher lows (HL). - After a possible short-term correction - The price is recently tested a key demand zone around 11.58 - 11.44 and touching the upward trend line which acts as a resistance level. Trade Setup - **Entry:**...
📉 TALABAT Potential Reversal from Demand Zone 🚀 The stock has been in a downtrend since its IPO, establishing an uptrend around January 5th, followed by a corrective wave starting January 21st after the previous impulsive move. Currently, the price is testing a key demand zone (1.42 - 1.39), which was formed earlier in January. Signs of a potential trend...
Julphar has been in up trend since 18th Dec with a lovely 33% profit so far. The stock is making a correction now touched the upward trend line which coincides with a a 1H demand zone. this DZ has been holding for the third time, the price expected to shoot higher whenever we have 3 touch points. Good time to enter or add to your position. Entry ~ 1.48 Target ~...
ADNOC Drilling bouncing from a 1H DZ, and rejected the Daily trend line, this is a good indication for upward momentum, after disappointing Earnings but positive 11% revenue higher than estimates. Enter around 5.58 with potential target at 6 (Supply Zone) SL 5.44 (base of the 1H demand zone and under the trend line) Good time to jump in or add to your...
Intuitive Surgical Inc. (ISRG), is the pioneer behind the revolutionary da Vinci Surgical Systems, is transforming the landscape of minimally invasive surgery. With its cutting-edge robotic platforms, ISRG enables precision, efficiency, and enhanced patient outcomes, making it a leader in the medical technology sector. From a market performance perspective,...
SALIK has undergone a significant correction of 18%, marking the conclusion of wave 4. There is now potential for wave 5 to commence, following a bounce from the Daily Demand Zone (DZ). The 1.68 Fibonacci level indicates a target price of approximately 7.8, suggesting a potential increase of around 60%. This could be a good opportunity to enter the market or add...
Alpha Dhabi is signaling a strong bullish continuation backed by RSI divergence and Elliott Wave structure. Enter near the 12.30–12.36 zone, manage risks with stops below 11.70, and take partial profits at each TP level. The RSI formed higher lows, while the price made lower lows, indicating momentum is shifting to the upside. Trade Setup: Entry: 12.36 (Bullish...
The stock drops due to volatility during earning, but the earning was not negative, expecting to bounce back again. Trading the GGLL etf to benefit from leverage. Do proper risk management
AMD Earnings came very positive, volatility pushed the stock down, expected to bounce from that level of 108, TP at the supply zone 119
The Quantum Computing Inc. (QUBT) stock has retraced to a 15min demand zone after a strong rally. With confluences from RSI, volume profile, and order blocks, a reversal seems plausible. Strategy: Look for bullish confirmation (e.g., break above $10.70 or crossing the trend line before entering the trade. Trade Plan: Entry: ~$10.60 Stop Loss: $10.12 Take...
The stock is currently in an uptrend within a rising channel (green lines), making higher highs and higher lows. Based on Elliott Wave theory, we appear to be in a corrective Wave 4 bouncing from a 1H FVG. A potential Wave 5 rally could be underway, targeting new highs near the upper channel boundary. Trade Plan: Entry: ~$66.84 Stop Loss: $64.00...
Dubai Taxi Company (DTC) - Possible Bullish Breakout Setup 🚀 📈 Chart Pattern: Symmetrical Triangle + Flag Formation 📢 Revenue Estimate:$626M vs $507M** (🔥 +23% QoQ Growth) Strong earnings growth supports the bullish breakout scenario. RSI Divergence: bullish RSI divergence supporting an upside breakout. Flag Pattern: A bullish flag suggests a...
The stock appears to be forming an up trend channel with HH and HL The stock bounced off demand with increasing volume, confirming buyer strength. Trade Plan: Entry: ~$1.68 Stop Loss: $1.34 (Below the demand zone & invalidation level) Take Profit Targets: $2.66 (RRR 4:1) "It’s not whether you’re right or wrong that’s important, but how much you make when...
📈 BILDCO 1H - ABC Correction Ending? Time to Buy? 🚀 Market Overview Abu Dhabi National Co. for Building Materials (BILDCO) has experienced a strong rally since Mid 2024, reaching a high of 1.34, before correcting sharply. - The stock has now completed an ABC corrective pattern, with Wave C touching a major demand zone around 0.9546 - 0.9906. - RSI bullish...
📉 AMR 4H - Potential Trend Reversal After Downtrend 🚀 AMR has been in a strong downtrend (-47% decline) since October 17, mainly due to the Palestinian-Israeli war and subsequent boycott effects. - With a ceasefire in place, market sentiment may shift, creating a potential recovery. - A Break of Structure (BOS) has been confirmed, signaling a possible trend...
For NVDA holders; NVDA has been in a strong downtrend, forming a series of lower highs and lower lows. The price recently tested a key demand zone (114.49 - 117.07), showing signs of a possible reversal. Breaking the supply zone (120.02 - 124.79) would be a bullish confirmation. A breakout above 127.87 ( last swing High) would further confirm that the downtrend...
NASDAQ Plunges Amid AI Tech Stock Fears: Is This the Start of a Crash or Just a Correction? The NASDAQ and NVDA faced a sharp decline today , the fears over AI-related tech stock valuation driving the downturn. This follows a broader market pullback, with the Dow tumbling over 350 points. While some analysts call it a healthy correction, others warn of a deeper...
Instrument: ProShares UltraShort Bloomberg Natural Gas (KOLD) Timeframe: 4H Heikin Ashi The ETF has been in a downtrend, characterized by a descending trend line connecting the lower highs. Recent price action suggests an early breakout above the descending trend line, signaling a potential shift in momentum. Stochastic RSI also shows oversold conditions with a...