0.456 was the end of the first wave After that the stock descended in a second main wave as a sharp and deep zigzag ( now n C wave) whose target is around the 0.35 - 0.36 area after whitch the stock will ascend in the main third wave (we will determine its target after ensuring of the end of second wave) This analysis fails if only the 0.34 bottom is broken
We closely monitor the stock's movements that suggest close moves . It is expected to be positive by 51%, and the confirmation of the negative trend change is Exceeding the levels of 40 and stability above it. Target : from 48 to 55 in the medium term.
DFM:SHUAA is set to target 0.739 - 0.75 AED and then 0.8 - 0.82 AED once it breaks out above 0.66 AED. Stop level daily close below 0.57 AED. 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 selling Happy Trading!
for long term investment target 50% or may be more than 100%
SHUAA is giving SELL SIGNAL and strong support upfront.
Buying after exceeding 83 levels. first target : 94 second target : 1 third target : 1.2-1.3 stoploss : closing below 74 with huge volume
On the weekly chart, it became clear that Shuaa’s stock is targeting 1 dirham in the very near future. It has nothing in front of it except the resistance level at 077. Once it breaks it, the path will be clear to 1.0. have a good day
Buying with a closure with a liquidity of more than 5 million dirhams above 64 . Take Profit 1 : 76 Take profit 2 : 86 Stop loss : closure bellow 55 with high volume .
Break Out , OBV above 30 SMA , Stop Lose @ 0.58 , 1st Target 0.69