Aldar seem to be ready to post some price recovery

ALDAR is consolidating and getting ready to post some modest gain. As the risk to reward ratio is not attractive, I prefer to enter now with a strict stop daily close below 5.1 AED and target 5.4 AED.
The stocks need to clear the red zone to start changing its downward trend.
P.S. Not a financial advice, just my own views

Trade fechado: objetivo atingido:

Target reached, its healthy to see a small pullback before we clear the red zone