by Ramki | Mar 21, 2022 | Dubai Stocks Outlook
Abu Dhabi Commercial Bank is an important player in the emirate of Abu Dhabi. Elliott wave analysis of its stock shows we could potentially have seen a medium term low and so long as we don’t break below the recent lows, we could well have a multibagger in our hands....
by Ramki | Mar 21, 2022 | Dubai Stocks Outlook
Elliott Wave analysis can be applied to any number of securities, be an individual stock or index or commodity, or just about anything that is traded in a liquid market. Today, we will take a look at the Elliott Wave analysis of Arabtec Holding Co. This us a popular...
by Ramki | Mar 21, 2022 | Dubai Stocks Outlook
Elliott Wave Analysis of EMAR Dubai is more challenging than some other stocks because Emar has been moving sideways for a while. This bellwether stock of the UAE still looks a bit soft to me and think we could get a dip as part of a B wave before the next rally can...
by Ramki | Mar 21, 2022 | Dubai Stocks Outlook
It has been a while since we looked at the Elliott Wave Analysis of Emar, an important component of the Dubai stock index. As always, there are more comments on the chart than here. Enjoy. PS The stock is still looking positive and could test the top of wave 1 seen...
