The share of Dubai Financial Markets(DFM) went up in an impulse in March 2023 and then from July - oct end retraced 78% of the impulse.
The share now completed a simple zig zag correction(ABC) and is all set to move towards AED 1.86 mark in coming few moths.
Note*- this post is for educational purpose only
Most of the stocks went into crazy selling pressure due to the global scenario, but now we are seeing some recovery coming in. One of the powerful stocks is qholding for now we are seeing some buying coming in but still we can expect a correction at current levels so watch out and plan for quick entry and exits.
There are good chances this stock and reverse a...
The trend is still positive, for now Rak Properties is establishing its support zone, I think very soon bulls will charge in and push the price higher. I have bought some quantities at 1.14 will wait for a bullish candle to close above 1.16 to add more. Although it can even come down lower to retest 1.10 area. Will wait for price action at that support to buy more...
