ADNOCDRILL is showing some musclesADX:ADNOCDRILL price action is positive especially given the overall performance of the Abu Dhabi market. Long to target AED 4.05, strict stop daily close below 50 MA. The stock needs to clear the red zone to target AED 4.3. Not financial advice, only my viewsLongby ChartoholicUpdated 8
Nothing interesting For now adnoc drilling is not looking good to buy. For it to turn bullish it has to cross 2 resistance areas to be in bulls territory. For now we can ignore this. Shortby stalkstock2
ADNOCDRILL at a sweet spot ADNOCDRILL is testing a very strong support level at the moment I have highlighted all the re-testing phases of this support level i.e 3.78-3.84 It can be the launch pad of the next bull move Longby vortexTradingSolutions3
ADNOCDRILL in accumulation phase? ADNOCDRILL currently retesting a very strong support of 3.78-3.83 levels It has been doing that from multiple days now and we need to wait and see if it use this support level to make a new move going up or falls further to next support levels . Going further down will break the initial bull run by vortexTradingSolutions1
ADNOCDRILL Parabolic MovementThis is a parabolic movement in progress Series of HH and HL are being formed. With tight SL the move can be ridden. 3.68 was the last strong support . The new resistance can be 3.91 to 3.90 range Longby vortexTradingSolutions3
Higher HighVery good move after the breakout its still continuing it move to the upside. Very bullish!! Hit like & follow guys;) Longby stalkstock2
Not ConfidentI was expecting atleast 50% recovery of the red candle that it made in Mondays session, for now i am not confident with this move. Hit like & follow ;) Shortby stalkstock5
Very Tricky Surprisingly whole market was red today and adnocdrill was punished harder. Its at a very critical stage for now i think it should open with a small gap up opening tomorrow if it all it have to survive at current levels else south is the way!! Hit like & follow guys ;) Shortby stalkstock3
Good fore a rideIts been at the support level for so many days now, with last candle giving us signals to buy i think coming week should see more upside momentum. Overall still bullish!! Hit like & follow for more updates ;) Longby stalkstock6
Good To GO!!!Its still bullish the trend is intact, right at the support we are seeing bullish candle indicating buyers are not activated. More upside is coming join the ride!! Hit like & follow !!Longby stalkstock2