Lulu Retail Holdings: The stock is gradually gaining momentum and if the support at AED1.07 hold strong, we may see it recovering back high to AED1.15 (the 20-day Moving Average). A sustained break above this level could open the way to retest the previous high at AED 1.23, with further upside toward AED 1.33 and AED 1.42 in the short to medium ter...

Aluminium Bahrain: The stock was recommended as a 'Buy' at BHD0.905, following a bullish breakout. So, Buyers are likely to drive the stock price higher during the following trading sessions only if break over the key resistance level at BHD1.14 (previous high), with potential target near the resistance level at BHD 1.28 and then toward the previou...

NMDC Energy : The stock was recommended as a 'Buy' at AED2.40, following a bullish breakout. So, buyers are likely to drive the stock price higher during the following trading sessions as it gave a bullish breakout over the resistance level of AED2.65. The possible higher targets would be near the recent high at AED2.77, a breakover shall target th...

Alpha Dhabi Holding: The stock managed to hold firm over the support level of AED 9.00, near-term resistance is identified at AED9.90, followed by a stronger resistance at the AED10.80 price point (which coincides with the 50-day moving average). A successful breakout above these levels sets a further price target near the previous high of AED12.75...

Pure Health Holding: The stock was recommended as a 'Buy' at AED2.58, following a fast recovery that broke key resistance at AED2.78, the stock is poised for further gains toward the resistance level at AED 2.94, a break over shall extend the upward trend toward the previous high again at AED 3.13 in the short term. Traders may look to HOLD with s...

Americana Restaurants: The stock is currently range-bound, trading between support at AED1.58 and resistance at AED1.78. A confirmed break above the AED1.78 resistance is anticipated to initiate a bullish trend, with immediate targets at AED1.91 and a subsequent target at the prior peak of AED2.20. Traders may look to BUY with stops placed below th...

Bahrain Bourse All Share Index: The index experienced profit-taking near the 2078 resistance level, leading to a pullback toward support and the 20-day moving average at 2020. A decisive break above the 2055 resistance is required to resume the uptrend, targeting the previous high again at 2078/2090, with potential for another run to target the nex...

Pure Health Holding: The stock is currently consolidating within a price range between the support level of AED2.51 and resistance of AED2.78. A definitive move above the AED2.78 resistance is expected to trigger an upward price movement, targeting successive short-term level at AED2.94, the previous high of AED3.13.

Abu Dhabi Ship Building: The stock was recommended as a 'Buy' at AED7.10 when recover from the support level of the uptrend channel, a break over the resistance level of AED8.95 could trigger a rally towards the next resistance level of AED10.25 (Fibunacci retracement level) and then toward the next resistance level at AED11.00 (Fibunacci retraceme...