EtisalatEtisalat since listing
Monthly chart
Its current decline is a major fourth wave that overlapped with the first, which turned its overall rising cycle into a complex diagonal wave, the target of which is the fifth, which will have multiple possibilities.
Important question:
What is the analysis of the fourth wave and where it will be end? 👇
Q HoldingQ Holding
In the long term
Entry conditions:
First - Do not break point 2.15
Secondly - crossing the 4.11-4.39 area with a weekly close
The first target area is 5.77-6.06
Second target 8.00
Stop loss 2.10
Risk Management to be obeyed
Q
QUICK ANALYSIS ON ADCBDear Emirati Traders, you can see on the chart thet the price pulled back multiple times on the resistance level and couldn't break through it, there's a high probability that the market will head down towards the 7.70 level, to make sure of that you must wait for a confirmation of the pullback then you can sell.
For further questions, don't hesitate to ask!
SELL ADAVIATIONDear Emirati Traders, it's been a while since I last posted about UAE Markets.
On ADAVIATION, you can see that the price is heading down after pullingback twice on the sell zone and went around the resistance level we have at 7.88 before taking his way down to the level 0.5 of the pitchfork, as you can see on the chart, today the stock closed below the 0.5 level, to sell you must wait for a confirmation to get a good selling position.
The comment section is all your for further questions!
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Etisalat is a company whose sales are 10% of the UAE’s GDP. Normally companies of that size would be very cyclical, but Etisalat’s business (not stock) is only semi cyclical.
Cyclical businesses suff
Need Bull PowerWe saw some crazy moves in qholding , for now its taking a pause right near the strong resistance area. Last closing is not very promising we can see some sellers coming out of the bush in some volumes. At this point of time we need angry bulls to jump in are defend the territory.
Price is above 200 EMA giving us good indication its in a uptrend. But now the question is..is it time for correction?
Strong support at 3.50 and it have testing successfully with strong buying pressure, i
QLong
This is YummyFor now multiply is looking very positive , after the strong move to the upside its correcting and i think its taking a breather before it makes another violent move tot he upside. If we look at the weekly chart it have broken the range already and now it seems like its just taking a pause above the support zone. Last three candles are bullish we can see buying pressure coming in clearly indicating bull are defending zone.
Once we see a solid breakou t of 3.65 with big volumes I think we wil
Any one Hurt??Fantastic performance by Rak Properties last week, over all bulls are very aggressive and without any mercy. Bears are not seeing till the end of the ocean for now. We saw huge volumes in this stock and it was top traded stock in Fridays session. I think this rally is here to stay and dip is buying opportunity for now.
Real Estate Boom
With the real estate market booking in the UAE, Rak is launching some amazing properties are attractive prices which is driving FDI crazy. Their revenues ar
Time to take some restQholding for now i think is bit streched there are good chances in Mondays session it can open with a gap up and then start declining. For now its bit risky to enter right at the top unless there is some big news coming out on Mondays related to Qholding. Over all its very bullish and in a uptrend.
Hit like & follow guys ;)
QShort
Bulls are here to stayWith big news surrounding Qholding bulls are just going crazy and buying what ever is available in the market. This stock have become very bullish for now and it will continue its momentum.
Hit like & follow guys ;)
QLong























