QGMD1. Monthly Chart (top-left)
Current price is around QAR 1.72 – 1.80.
Long-term trend has been bearish, but the stock seems to be forming a base and gradually moving higher.
Major long-term resistance sits at QAR 3.17.
2. Weekly Chart (bottom-left)
The 200-week moving average (blue) is close to the current price → a strong resistance test.
A confirmed breakout above the 200-week MA would strengthen the bullish case.
The 50-week moving average (orange) is turning upward, signaling improving
eres.qaKey Points
Wave A and B
Wave A peaked near 1.25–QAR.
Wave B dropped the stock to around 0.85 QAR.
Current Wave C
The stock is now in Wave C, which itself is subdivided into five smaller waves (i, ii, iii, iv, v).
Right now, price is around 1.215 QAR, likely at the end of wave iii or starting wave iv.
Potential Targets
Final Wave C target is projected around 1.5–1.550 QAR, aligning with the upper channel.
Before reaching that, a corrective wave iv pullback could occur near 1.30–1.35 QAR,
siis-qa
✅ Current Price Action:
Current price: 0.676 QAR.
⚠️ Risk/Watch Zones:
A confirmed breakout above 0.70–0.72 QAR is needed to strengthen bullish confirmation.
A drop back below 0.63–0.60 QAR would invalidate the breakout in the short term.
Watch for increased volume to validate this breakout.
MARK – Al Rayan Bank (Daily Chart Insight)This setup is developing and might catch attention soon.
MARK is currently trading in a clear downtrend within a well-defined parallel channel. While the chart shows a lot of noise; with overlapping swing highs and lows forming scattered support/resistance, there are early signs of a potential reversal.
We’re not entering just yet. However, a strong breakout above the upper trendline, especially with volume confirmation, could signal a major shift and possibly a sharp move upward.
🔍 Key Obser
QFBQ – Lesha Bank (Swing/1-Hour Setup)After quite a while, I'm back to share a new idea – hopefully it benefits fellow traders.
QFBQ is shaping up for a potential breakout from the current descending resistance line. Price has recently shown strength with a rebound from the support zone (around 1.65), forming a possible RBS (resistance turned support) setup.
We might see a short pullback before it pushes through the trendline. Watch closely for a clean break to the upside.
Brief Trading Plan
Entry: 1.740
Support / Stop Loss:
IGRDthe chart shows a technical analysis of Estithmar Holding (IGRD) on a weekly timeframe, using Elliott Wave theory and Gann/Fibonacci angles to predict potential price movements.
Key Observations:
Elliott Wave Pattern – ABC Correction:
The chart suggests that the stock completed wave B at a recent high.
A downward corrective wave C is anticipated, as shown by the red dotted line.
Bearish Divergence:
At the bottom, a momentum oscillator (likely RSI or a similar indicator) shows bearish diverge
MRDS Major breakout with a success retest As it can be observed from the chart
1- The stock had a clean breakout from a downtrend line formed since 2023 high.
2- The stock retested the trend line after the breakout during the Trump tariff announcement and the stock gained all the loses which is a sign of accumulation in the stock.
3- The stock Just reclaimed 2023 lows with high volume after fake breakout.
4- The stock is currently trading above 100d moving average.
Baladna Short - Daily The technical analysis for Baladna's (BLDN) stock indicates a negative outlook, as there is a bearish divergence on the Relative Strength Index (RSI). This negativity is further confirmed by a clear gradual decrease in trading volumes.
Current Price: 1.295 Qatari Riyals
The price movement shows a downward trend in the short term, with a potential or incomplete "Head and Shoulders" pattern, as illustrated in the chart. If the conditions for the Head and Shoulders pattern are met, the minimum
MARK: Buy idea: Trading Range SituationOn MARK as you can see on the graph we are in a range trading situation with the strong break of the vwap and the resistance line by a large green candle which is followed by a large green volume. This configuration of the chart signals to us a high probability of having an uptrend.























