Al Madina Finance shares limit down
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Al Madina Finance shares limit down
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mohsent
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Joined: 08 Dec 2009
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Posted on Wed 16 Dec 2009 13:30 by mohsent 		Reply with quote
Its moving very slow though ... nt fast as I expected. Sad
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Krazy Guy
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Joined: 30 Oct 2009
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1 at last

Posted on Thu 17 Dec 2009 13:14 by Krazy Guy 		Reply with quote
nothing wrote:
This stock Bullish in Kuwait, therefore dont sell cheap in dfm!


Now that this stock has reached 1, do u guys think its a good time to sell?

Thanks
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nothing
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Joined: 29 Oct 2009
Posts: 33

al madina limit up

Posted on Thu 17 Dec 2009 13:16 by nothing 		Reply with quote
hold your stock, there is chance for limit Laughing up


this is my view
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Krazy Guy
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Re: al madina limit up

Posted on Thu 17 Dec 2009 13:18 by Krazy Guy 		Reply with quote
nothing wrote:
hold your stock, there is chance for limit Laughing up


Today maybe yes, but 1.02 and 1.03 are tough levels.

How do u see it next week, today its good because Kuwait is also up.

Thanks
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Talha
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Joined: 01 Sep 2009
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sell sell sell

Posted on Thu 17 Dec 2009 13:30 by Talha 		Reply with quote
i recommend sell it. sell at limit up. tomorrow share price will fall down
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thajuddeen
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Joined: 15 Apr 2007
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Location: UAE

As expected

Posted on Thu 17 Dec 2009 14:17 by thajuddeen 		Reply with quote
The stock has turned bullish in Kuwait and broke another mark at 76 fills though found some selling at the end.

In Dubai it broke 1.02 and the next is the double top 1.06.

I will recommend profit booking, if it fails to break 1.06 and reenter around 0.92.

The stock has the uptrend intact untill it breaks below 68 fils in Kuwait.

Here in Dubai stock has no bubbles upto 1.32 that it might do a block from 0.71 easily over the next few weeks.
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thajuddeen
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Whatif after 1.06

Posted on Thu 17 Dec 2009 15:10 by thajuddeen 		Reply with quote
After 1.06, look for a block completion of 48 fils from 0.71, that is 1.19.

1.19 is the price stock has rebounded from 0.99 a month back and for that it has a double relevence. For that reason below 0.99 could be a stoploss as well.

Good luck to holders
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Krazy Guy
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Re: Whatif after 1.06

Posted on Tue 22 Dec 2009 12:42 by Krazy Guy 		Reply with quote
thajuddeen wrote:
1.19 is the price stock has rebounded from 0.99 a month back and for that it has a double relevence. ...


As mentioned by Taj, 1.19 touched today. Any more upside expected or will profit taking take place, as lot of sellers near 1.19 levels.
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thajuddeen
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The block again

Posted on Tue 22 Dec 2009 17:35 by thajuddeen 		Reply with quote
thajuddeen wrote:
After 1.06, look for a block completion of 48 fils from 0.71, that is 1.19.

The block theory is very much relevent. It proved today with ALMADINA.

48 fils block is very much relevent in UAE stock trading. Very Happy

Keep analysing your holding with the 48 fils block to pick or sell or watch for fun.
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thajuddeen
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Tumbling down at the block

Posted on Wed 23 Dec 2009 16:13 by thajuddeen 		Reply with quote
ALMADINA tumbled down at the block with a double top at 1.19 and went limit down at 1.06.

Look for support at 0.97-0.99 and after that around 0.90.
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Krazy Guy
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AL Madina Kuwait

Posted on Thu 24 Dec 2009 11:35 by Krazy Guy 		Reply with quote
Does anyone know why untill now Al Madina is not trading in Kuwait.
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