After trading between AED 26 – 28, Ghitha fell drastically to AED 16, a decline of roughly –42.8%.
Here, I try to analyse reasons behind this falls, and list conditions for confirming recovery.
Entry Conditions (No Buying Unless These Are Met):
*Volume recovery above 300k–500k shares/day.
*Price confirmation above AED 21, (or gradual accumulation near AED 18.20 for those who have FOMO like me :) ).
Targets (If Triggers Are Achieved)
*Short-Term: AED 25
*Mid-Term: AED 30
*Long-Term: AED 40
Disclaimer
For educational and technical reference only. Market conditions can change quickly; use disciplined risk management.
Here, I try to analyse reasons behind this falls, and list conditions for confirming recovery.
- Stock's trading volume previously was arount 1 million shares/day until June, but liquidity has weakened significantly since then.
- Fundamentally, operations remain strong: Revenue: AED 4.003B (+9.25% YoY) Gross Profit: AED 880M Operating Profit: AED 268M
- Hoever, net profit dropped to AED 80M due to the absence of large one-off gains booked in 2024, making the YoY comparison misleading.
- Recent restructuring, including a change in majority ownership and the announced consolidation of Ghitha, Multiply, and Two Point Zero, has introduced short-term uncertainty, likely contributing to weaker momentum and reduced attractiveness.
Entry Conditions (No Buying Unless These Are Met):
*Volume recovery above 300k–500k shares/day.
*Price confirmation above AED 21, (or gradual accumulation near AED 18.20 for those who have FOMO like me :) ).
Targets (If Triggers Are Achieved)
*Short-Term: AED 25
*Mid-Term: AED 30
*Long-Term: AED 40
Disclaimer
For educational and technical reference only. Market conditions can change quickly; use disciplined risk management.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.