GLong
ARAMEX COMPANY Analysis Hello traders, ARAMEX COMPANY is in a bullish movement with low purchase volume made and a dash. The TIMEFRAME M1 makes us notice a dash with a low volume of past purchase, it went on the top of the stabilization zone to test it. Great potential to breakout the price then then the zone to arrive in a new one and reach the next top (View on TIMEFRAME W1). With first higher on MULTI TIMFRAME D1 H4 and H1 and then second higher. This is a pre-adjustment of TIMEFRAME W1 with a test of the bullish channel top.
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Sure Bullish But....Its at a crucial stage, Resistance is at 3.70 level and it have visited this area recently. Interesting point here is it did not make a deep correction its somewhere near the resistance and it want to break it. Sure its bullish as of now if the resistance is broken the next major resistance is at 3.95 level. Over all bullish
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Will it Break?It have tested 0.313 so many times its a resistance level. When a particular level is tested again and again it becomes weaker and it can break easily. This level is been tested so many times and i think this time it will break and go past 0.313 yes its bullish for now but at a support level it should hold and not close below it.
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Good for buyDont miss this one grab it!!
Its in a nice uptrend and after hitting the resistance it have retraced a bit and now ready to go high. First target is small but very easy for trade that is around 0.866 but i would recommend to hold this trade till 0.896 very bullish!!
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Still Trying HardIts been so many days deyaar is trying hard to push up but its not giving any decisive breakout or closing. A big move is due on deyaar it is still bullish once it closes above 0.295 with a good big green candle it will break the major resistance level as well. My target is to see deyaar at 0.320 very soon. Over all in a bullish mode!
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Good Price ActionIts been slow on this stock but recently it have made some nice moves to the upside and its bullish.Next target is good now the question is will it come back for a retest of keep moving north? i think it will come back for a rest and thn resume the uptrend. Over all bullish.
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Strong MoveNice and strong move to the up side by emaar. Its at a good level support is at 3.45 level and resistance at 3. 85 levels. Lets see if it comes back for a retest or directly hits the target. Most likely it can come down for a retest which will be a good chance to buy again. Over all its bullish no doubt about it.
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Trend Line Is BrokenIt have finally broken the trend line but with last closing the candle is very bearish indicating there are chances of retest. I would like to see a closing above .305 today which will be a good weekly closing. Check out the resistance level to take the trade.
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Need a good weekly closeYes its bullish as of now but as i had mention previously 0.290 is a tuff nut to crack. Its a resistance zone but as the same time in have been tested so many times so the level have now become weaker and weaker so there are good chances of breaking it. Looks very bullish. We just want to see a nice closing today as its the last trading day of the week.
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