Today we saw a good closing of the general index of the Dubai Financial Market, where the index closed at 3411 points and Emaar closed at 7.19 dirhams, with conservative liquidity volumes at 253 million dirhams
A special look at some of the stocks that drew our attention
Takaful House:
Close the stock at 0.90
Nearby targets: 0.985-1.01-1.03 are required to breach 0.913 and stability above
Long-term target: The stock formed a positive bearish wedge pattern that is still floating within it in case of a breakout. The stock targets 1.24 levels, breaching 0.95 and stability at the top, taking into account the resistance and support in the chart.
Salamah Insurance
Close the stock at AED 0.52
The stock stabilized positively above 0.495 highs for several weeks of the stock positive break 0.535 targeting 0.57 -0.59 stop loss breaking 0.48
A break of 0.59 in the future targeting the stock 0.62-0.65 model Harmonk
Aldar Properties
The stock closed at AED2.25
The stock is positive as a positive bearish wedge pattern on the week targeting 2.35 -2.40 is conditional on maintaining 2.16
