In the short term, Emaar's stock has shown a consistent bullish trend throughout the current year.
1-There's a likelihood that Emaar's shares will continue to rise over the next month, but there's also a chance of a significant drop to 8.21 in the near future.
2-However, if the stock doesn't drop to 8.21, it's probable that it will continue to rise until the upward trend loses momentum.
3- If the stock price reaches and exceeds 8.10 We expect a downturn and a temporary halt in the bullish trend, indicating the beginning of a new phase for the bearish trend. However, this scenario appears relatively unlikely considering the sustained rise over the past four years, suggesting the upward momentum could persist for another two years or more.
This analysis is based solely on the bullish trend observed this year and generally over the past four years.
EMAAR
