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Uae

EAND or E& Long Term AnalysisADX:EAND As I said in my earlier short-term view of EAND Analysis that I think Emirates Telecom Group Company (Etisalat Group) is near at the end of it's bearish trend. It's in final phase. I don't think it will go below 15.50 now. Still have to be careful when take position in this stock. My entry level is 19.58. Which is Higher High level from current structure. Target: - 1) My target for EAND is 23.4 which is 0.236% of peak of wave 5 Ⓥ to bottom of wave Ⓨ. Well, I think it's a high probability target. 2) Otherwise I also think that stock will go near 27 which is 50% retracement of peak of wave 5 Ⓥ to bottom of wave Ⓨ.
ADX:EANDLong
by swaaapnil
1
Saudi Aramco Long Term ViewTADAWUL:2222 SAUDI ARAMCO clean structure on chart. Extended wave 3 is completed. Now stock is on correction in wave 4 I think stock will take few more weeks to complete the wave 4 correction. Now I think there are more than 2 possibilities. I have shown 2 possibilities in chart. 1) First possibility is that stock is in wave 1 of extended wave 3. Red Arrow is shown on chart is showing that stock will break all time high level. It means that it's in wave 3. 2) Second possibility is shown with green arrow in chart. That stock is in complex correction and it's in wave X. If it's in wave X then labelling will be different which I not shown in chart. I will update regularly if corrections are needed for labeling.
TADAWUL:2222
by swaaapnil