Space42 PLC: The stock managed to show a bullish breakout over the resistance level at AED1.73, expected to continue the move higher to AED2.00/2.17 and then toward the previous high at 2.45 in the short term. Traders may look to BUY with stops placed below AED1.66.

ADNOC Drilling: The stock witnessed fast recovery, and broke over the key resistance level of AED5.28, now shall extend gains next towards the resistance level at AED5.64 and then towards the previous high at AED6.00 in the short to medium term. Traders may look to buy with stops placed below AED5.15 support level.

Lulu Retail Holdings PLC: The stock witnessed fast recovery and is ready to break over the resistance level at AED1.39, and shall extend gains towards AED1.47 and then AED1.54 levels in the short term. Traders may look to BUY with stops placed under AED1.23. The stock also breached over the 50-day moving average on the daily chart with rise in vol...

Air Arabia: The stock was suggested a buy at AED3.20 on its bullish breakout, and almost met the given target level at AED3.61. Poised for a another run to target AED3.79 then AED4.00 inly if breaks the key resistance level at AED3.61 in the short to medium term. Traders bought from lower recommended level may look to hold with stops placed under 3...

ADNOC Gas: The stock witnessed fast recovery, a broke over the key resistance of AED3.20, shall extend gains next towards the resistance level at AED3.34/3.50 and then towards the previous high at AED3.69 in the short to medium term. Traders bought from lower recommended level at AED2.86 may look to hold with stops placed under 3.00 AED.

As anticipated, the stock recovered from the 100-day moving average and the neckline support level of AED9.30, expected to continue the move higher toward the next resistance level at AED11.90 and then toward the previous high at AED12.60 in the short term. Traders bought from lower recommended level at AED10.00 (In our weekly report) may look to ...

ADNOC Logistics & Services: As anticipated, the stock broke the resistance level of AED4.47, shall trigger buying and extend gains towards the next resistance level at AED5.00/5.50 then toward the previous high at AED5.90 in the short to medium term. Traders bought from lower recommended level at AED4.34 may look to hold with stops placed under 4.4...

Multiply Group: As anticipated, the stock witnessed fast recovery, broke over the key resistance of AED2.07, shall extend gains next towards the previous high at AED2.23 and then towards AED2.38 then 2.52 levels in the short term. Traders bought from lower recommended level at AED1.62 may look to hold with stops trailed higher to AED1.88. The pric...

Multiply Group: As anticipated, the stock witnessed fast recovery, broke over the key resistance of AED1.88, shall extend gains next towards the AED2.07 and then towards the previous high at AED2.23 level in the short term. Traders bought from lower recommended level at AED1.62 may look to hold with stops trailed higher to AED1.74. The price also b...