UPP is been under tremendous selling pressure, for now its just taking some support at crucial demand zone that is around 0.310 zone. Still this can be very risky it can break this support area to go lower to make a new lower low.
As most of the stocks in Dubai Financial Market are under selling pressure today we saw some buying coming in but this can be a short recovery too. So I would suggest wait for a trend confirmation before taking any positions.
Hit like & follow guys ;)
As most of the stocks in Dubai Financial Market are under selling pressure today we saw some buying coming in but this can be a short recovery too. So I would suggest wait for a trend confirmation before taking any positions.
Hit like & follow guys ;)