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.
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.