Dfm is also good for a positional trade, right at the support we are seeing good buying pressure indicating bulls are activated. Over all bullish!!
Its now approaching a strong resistance level that is 2.40 - 2.42 level. This can be a bull trap too so lets wait for it to cross the resistance with a proper candle close. Still the price is below 20 day moving average which is acting as resistance zone. Most of the stocks are now recovering from last 3 to 4 weeks selling pressure just a small bounce should not...
The last earnings report lead to a rally reaching >2.5X. July21 to Sept21 the total trade value in DFM was ~10B. And between Oct21 to Dec21, the total traded stock value was 33.6B as per DFM. Can we expect another 3x on FS release?
As a stock trader we always want to buy a stock at a support with a smallest possible stop loss. DFM is just looking picture perfect if the market is positive tomorrow and with the positive news about xCube Dubai I think it is good trade setup. Still the trend is positive this can be a range based trade. Hit like & follow guys ;)
This stock is now unstoppable !!! I would recommend this stock to be in you portfolio for long term and it will give you some handsome profits for sure along with dividends. From the fundamental side more new companies are about to list on DFM which will increase the volume, liquidity which is more revenues for DFM so this stock will touch skies. Last closing was...
It have tested the support zone so many times and with todays closing i think buyers are in action, it looks good till the gap which will potentially act like a resistance also it can be a TP1 hit like & follow guys ;)
the next up or down change will decide the next step wait and watch for the rise tomorrow if the market closes up then be ready for a green week after the long weekend
Another most effected was DFM heavy sell of was seen today along with other stocks. Wait for it to react at support zone. For now in a no trading zone. Hit like & follow guys ; )
We also want to buy at support and sell at resistance, this is the stock right at the support but to confirm buyers are holding this zone we want to see bullish candle and thn enter the trade. Looks very bullish over all. Hit like & follow guys ;)
No doubt with all the fundamentals in place DFM is the one getting the most out of it. More upside is expected every time a positive news comes out. VERY Bullish Hit like & follow guys ;)
With strong fundamentals in play the stock that will benefit the most is DFM for sure. We so limit highs for the days atleast for 5 times in a row. With a bullish candlestick pattern i am expecting it to go more higher!! Very bullish for now!! Hit like & Follow guys ;)
DFM:DFM formed a flag pattern after achieving the ascending triangle target and is expected to post further gains. Anticipated price action and targets are shown on the chart, stop loss daily close below 1.09. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or...
i believe it went down since many investors have moved their cash to the trading of yahsat in adx once the initial rush is over will see a big jump back ot 1.15 levels then we might see 1.22 again
Note : If you have any questions, feel free to send me message Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Send me message if u have question or need signal ofr QAE, DJI,...
Its in a uptrend i had posted a similar idea last week. It have again come to support area if you see a green candle right at the support it will be a good buying opportunity. Hit like & follow guys :)
It broke the resistance and came back for a retest. We see a solid green candle right at the support area. This is a good buy signal and target is good too. Bullish Hit like & follow guys ;)
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction DFM ( DFM ) - Dubai Financial at Bullish Trend