Elliott Wave Analysis of Emar, Dubai

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...

Elliott Wave Analysis of EMAR Dubai

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...