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Emirate

DON'T BUY ON ADNOCDRILLDear Emirati Traders, I'm sharing with you some of the stocks you can't buy for now since there are no clear entries and it will only come you with losses. As you can see on the chart, the price has just reached the Rejection Block this week and pulled back on it to give us a confirmation that the market will come down to our EQ level. If you're holding just close your positions and wait for the price to reach the level it will reverse. The comment secion is all yours for further info! Follow for more!
ADX:ADNOCDRILLShort
by YassineAnalysis
SELL ADAVIATIONDear Emirati Traders, it's been a while since I last posted about UAE Markets. On ADAVIATION, you can see that the price is heading down after pullingback twice on the sell zone and went around the resistance level we have at 7.88 before taking his way down to the level 0.5 of the pitchfork, as you can see on the chart, today the stock closed below the 0.5 level, to sell you must wait for a confirmation to get a good selling position. The comment section is all your for further questions!
ADX:ADAVIATIONShort
by YassineAnalysis
Analysis on UNION PROPERTIES Dear Emarati traders, I saw some people on a group welling to buy the UNION PROPERTIES Index for long term investment and I said why not to make an analysis on it to share it with you, I figured out that it’s not the right moment to buy it. As you can see on the chart, the price is consolidating in a channel for 3 years now and still haven’t break through it. What you’ll be waiting for is the price to break the resistance with a high volume so you make sure that it’s not a fake breakout. Please let me know in the comment section what markets you want me to analyze for you.
DFM:UPPLong
by YassineAnalysis