ADX:EAND
I think right now it is a perfect level to start buying and accumulating in EAND. Stock touches 0.618 which is a very good sign for reversal and good ratio as a target for completion of corrective wave. 0.618 is normally a target for wave 2.
I think accumulation already have started in EAND and I'm very bullish in this stock for long term perspective.
DFM:DFM
I have posted two scenarios.
Probability No 1 (Incomplete WXYXZ Correction)
If Stock is in WXYXZ correction, then Stock has completed it's WXYX structure and wave Z is yet to complete. I think to complete wave Z of WXYXZ structure DFM stock has to go down below wave Y which is at 0.499. DFM will take time to complete this wave Z correction maybe a...
ADX:TAQA
Probability No.2
A clear impulse wave forming in TAQA. In parallel line extended wave 3 is forming. But I think in extended wave there are also more 5 sub-waves. Meaning double extended wave in wave 3. But it's only possible if wave ➂ is larger than wave ➀.
It's complex to understand.
Wave 3 is normally extended one. Meaning wave 3 have also 5...
ADX:FADGI
ADX completed it's wave 3 and it's in wave 4. wave 4 is unfolding in double three complex correction pattern. It's in near final phase of wave y. Can't say that it will reverse from the target point because it can again start unfolding in triple three complex correction pattern( Wave WXYXZ ). Chances are stock can rebound from 9167 level and will go to...
ADX:FADGI
ADX completed it's wave 3 and it's in wave 4. wave 4 is unfolding in double three complex correction pattern. It's in near final phase of wave y. Can't say that it will reverse from the target point because it can again start unfolding in triple three complex correction pattern( Wave WXYXZ ).
Target
1) My target for wave Y is 8900 .
2) Reverse...
DFM:DIB
1) DIB is in consolidation for nearly couple years now. It's a clear Triple Three Complex Correction structure. Now it's final wave form of Triple Three Correction which is wave Z.
2) To complete the structure stock price should have to go below wave Y. I think stock will go below wave Y which is 5.10.
3) My target for wave Z is Lower trend line...
ADX: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...
ADX:EAND
I think Emirates Telecom. Group Company (Etisalat Group) is near the end of it's bearish trend. It's in final phase. I will upload next long term analysis also.
I think to take position in this stock it's better to wait till price to go above 19.58 to enter.
Target: -
Short term target is 21.35.
ADX:ADCB
I think Abu Dhabi Commercial Bank is near end of it's bearish trend. It's a triple three complex correction. which is wave WXYXZ form and I think it's in wave Z. Abu Dhabi Commercial Bank is near the end of bearish trend and soon stock will start moving up.
To complete the triple three complex correction in this stock price has to go below 7.63 which...
ADX:PRESIGHT
* expecting all time high..
* orange line is fib golden ratio 0.618(support level also)
* purple line is my entry point
* very long term swing trade
formed double top after it retraced to trend line and we can some expect uptrend in trend line but global market are bearish. take trade only after strong breakout!
Dont come to any conclusion it is only educational purpose.
