Ghitha Holding (ADX) | Neutral Technical–Fundamental AnalysisAfter 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.
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
AIRARABIA - 4 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
EAND price action is bullish! More gains expected ADX:EAND stock is expected to post more gains after building a major consolidation base, targets are shown on the graph. I expect the stock to respect the 20 MA, stop loss daily close below 18.9 AED.
P.S. This is my personal view only and not financial advice!
Presight AI (ADX: PRESIGHT) – Bullish Flag FormationPresight AI is showing a strong bullish flag pattern on the weekly chart after a sharp impulse move from the lows.
Price has been consolidating in a downward-sloping channel, forming a classic continuation structure.
📈 Technical Outlook:
Flag breakout confirmation above 3.80 AED may trigger the next leg higher.
Measured move target: 5.80–5.90 AED
Support zone: 3.40–3.50 AED
Stop loss: below 3.30 AED
DU Earnings Play - Potential Uptrend after Q3 Profit RisesPrice has been in a strong bullish uptrend from late 2023 into mid-2025, respecting ascending trendlines and breaking out from multi-month accumulation zones.
It peaked aggressively near 11.25 AED, followed by a sharp corrective drop (likely Wave A of an Elliott correction).
Currently consolidating in a tight range, possibly forming a re-accumulation base.
Earnings Insights
Q3 Profit: AED 732.1M vs 719M YoY – a solid beat.
Q3 Revenue: AED 3.87B vs 3.59B YoY – steady growth.
CAPEX: AED 492M
AGTHIA – Major Support Zone | Possible 50% Retracement AheadAgthia Group is currently testing a key long-term support area around 3.8–4.0 AED, which has acted as a strong base in the past.
If this level holds, we could see a bullish retracement toward the Fibonacci levels:
🎯 38.2% → 5.52 AED
🎯 50% → 6.07 AED
🎯 61.8% → 6.57 AED
Idea: Watch for a confirmation bounce or higher low formation before entering.
SL: Below 3.80 AED
TP1: 5.55 | TP2: 6.05 | TP3: 6.55
ADCB – Bullish ABCD Pattern in Play | Target 18.90 AEDADCB is developing a classic bullish ABCD harmonic pattern, signaling a potential continuation toward the 18.9 AED zone.
📈 Technical Highlights:
Point C retraced around 0.582 of AB, fitting the ideal ABCD harmonic structure.
Leg CD projection targets the 1.618–1.75 Fibonacci extension, aligning near 18.9 AED.
Momentum remains constructive as long as price stays above 14.0 AED (C support).
🟩 Entry Zone: 14.6 – 15.0 AED (on bullish confirmation)
🟥 Stop Loss: Below 13.8 AED
🎯 Target: 18.9 AED
ADNOC Drilling (ADX) – Head & Shoulder Pattern Forming!Greetings Traders,
The ADNOC Drilling (ADX) chart is showing signs of a potential Head & Shoulder formation, which could signal a short-term correction before the next reversal phase.
Key Observations:
The price action is shaping up for a Head & Shoulder pattern; confirmation of the right shoulder will complete the setup.
If the price drops near AED 5.62, it will validate the pattern and may trigger a move down toward the Reversal Zone (around AED 4.80 – 5.00).
Volume and RSI divergence
SALAM-DFM-1H , Pullback from demand zone + Trend Breakout
SALAM has been riding a solid bullish channel since early 2023, printing higher highs and higher lows. Recently, price saw a clean pullback to a prior demand zone around 2.04 – 2.12 after breaking out from the upward channel. We are now seeing potential reactive buying from this zone. The last swing high around 2.84 sets the benchmark for potential re-test.
Trend: Medium-term bullish.
Current structure: Pullback in bullish trend.
Demand Zone: 2.04–2.12
Trendlines: Green support from early
Salik Stock Reversal Alert-A Hidden Gem in Dubai’s Stock Market!Hello Traders!
Today’s analysis is on Salik Company PJSC (DFM), one of Dubai’s most watched stocks. UAE markets are full of hidden opportunities, and this chart highlights one of them. After forming a strong Rectangle Pattern for months, the stock finally gave a clean Breakout , followed by a Bullish Engulfing retest candle , a classic sign of buyers returning with strength.
Why this setup is special?
Rectangle pattern breakout after long consolidation shows trend resumption potential.
EMAAR DECODED ANALYSIS EMAAR Technical Analysis:
The quarterly chart is currently in its second last pattern before reaching its high, with one major correction expected to occur.
Before the correction, there is a possibility of testing AED 20.75 / 22.00.
Correction support begins around AED 8.20,
with major support at AED 5.62,
and expected support near AED 4.90 from May 2026 onward.
After the correction, new high resistances are expected to be tested at AED 51/60 and AED 65,
with a maximum projected high between
Parkin (DFM) – Possible Reversal + Positive Earnings Momentum!Greetings Traders,
The Parkin (DFM) chart is showing signs of a potential reversal setup following an extended downtrend. Let’s break it down:
Key Observations:
A bullish divergence is forming on the RSI, hinting at a possible trend shift.
Price is consolidating near recent lows, forming a falling wedge pattern.
Upcoming earnings are estimated to be positive, which could fuel upside momentum.
A breakout with strong volume above AED 5.70 could confirm the trend reversal.
Take Profit zone
Multiply Group (ADX) – Bearish Divergence Ahead, Stay Cautious!Greetings Traders,
A bearish divergence has appeared on the Multiply (ADX) daily chart — time to stay alert!
Key Observations:
RSI shows a bearish divergence, signaling possible short-term weakness.
High volumes recently indicate strong participation — a good sign for future momentum.
Price action may move sideways, consolidate, or even push slightly higher before a decisive move.
The buy zone is above the last higher-high (≈ AED 3.45) with confirmation from strong volume.
Stop Loss: a
ADIB Stock Analysis – Converging Triangle in Focus!Greetings Traders,
Today, we’re taking a closer look at ADIB (Abu Dhabi Islamic Bank) — an interesting setup forming on the chart!
Key Highlights:
Fundamentally strong: ADIB continues to deliver solid YoY earnings growth.
Bearish divergence was observed earlier, leading to strong selling pressure, followed by the formation of a converging triangle pattern.
This triangle appears to represent a corrective phase after a prolonged bullish rally.
The stock recently announced positive e
FAB -ADX- Positive Earnings Surprise
After April downtrend, FAB bottomed out near 11.78 AED and started a clean, impulsive rally breaking structure highs.
Recent correction appears to be a classic ABC zig-zag, retracing to a key demand zone around 15.44–15.96 AED.
Price now showing reversal signs with bullish engulfing and breakout from a local descending trendline.
Earnings:
EPS Beat: 0.463 vs 0.42 est (+9.98%)
Revenue Beat: 9.34B vs 8.79B est (+6.22%)
Positive earnings surprise supports bullish momentum.
Demand Zone: 15.4
EMAAR Properties (DFM) Wave (5) Rally setup
EMAAR has been grinding in a strong impulsive 5-wave structure since early 2025.
Currently, we're looking at a Wave (4) to Wave (5) rally setup, which has likely begun with bullish confirmation.
Wave (4) correction respected the daily uptrend line and bounced with solid momentum.
The structure suggests we are in the early phase of Wave (5) extension aiming for 19.00 AED – clean technical confluence and Fibonacci projection.
Upcoming Earnings: Expected Q4 results in mid-November 2025 – could
Emirates NBD Bank (P.J.S.C) —DFM 1H TF | Buy Setup
Emirates NBD has been in a clear daily uptrend since April, consistently printing higher highs and higher lows. Recently, it retraced from the 27.60 high back into a defined demand zone at 23.90–24.80. Price has now reacted from this demand, rejecting further downside and bouncing back above 24.85.
The setup reflects a long continuation play, aligned with the overall bullish trend, with upside targets near 27.55.
Emirates NBD remains a key UAE banking leader; performance linked to local econo
ARAM (Aram Group) — ADX 15Min BuyARAM pulled off a monster 106% move, breaking out of a large basing structure near 0.95 and rocketing up to 3.18. After this euphoric move, price formed a rising wedge, followed by a sharp correction and now a bull flag breakout — textbook bull continuation pattern.
The current candle just broke out from the falling wedge to the upside, signaling a fresh impulsive leg may be underway.
🔀 Trend & Breakout Structure:
Primary trend: Bullish AF
Consolidation: Falling wedge after rising wedge → bu
Presight AI Holding PLC (ADX) | Wave 5 Impulse in Progress
Presight AI has officially confirmed the start of Wave (5) after rebounding sharply from the Daily Demand Zone (3.20–3.39). The Daily Downtrend (DT) has been fully invalidated since May 9, 2025, when the stock broke out impulsively (Wave 1 initiation).
The chart now shows strong Wave 4 correction completion, and Wave 5 is projected toward 4.64–4.70 based on Fibonacci extensions.
Elliott Wave Count
Wave (1): Impulsive breakout from Daily DT in May 2025 — trend shift confirmation.
Wave (2): Co























