The document provides a daily technical analysis and overview of the Qatar stock market index and two Qatari stocks - Masraf Al Rayan and an unnamed stock. It notes that the QE Index is reaching a critical support level of 10,500 and looks for a short-term bullish reversal signal. For Masraf Al Rayan stock, it analyzes the price correction over the past year and notes the stock reached strong support levels. Price targets and resistance/support levels are provided for both stocks. Definitions of technical analysis terms like candlesticks, support/resistance levels, and moving averages are also included.
QNBFS Daily Technical Trader Qatar - February 02, 2023 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis of the QE Index and the stock MASRAF AL RAYAN traded on the Qatar stock exchange. It notes that the QE Index reached strong psychological support at 11,000 and a relief rally is expected. For MASRAF AL RAYAN, the price has been correcting since last year and reached strong support levels recently. Expected resistance and support levels are provided for both. Key technical indicators are also summarized.
QNBFS Daily Technical Trader Qatar - February 27, 2023 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis and overview of the Qatar stock market index and two Qatari stocks, BALADNA and MAJID AL FUTTAIM. For the QE Index, it notes the index is approaching a critical 10,500 level and expects a short-term bullish reversal signal. For BALADNA stock, it presents a trade idea going against the downtrend and provides expected price targets and resistance/support levels. For both stocks, it includes charts and indicators like the MACD to analyze price momentum and trends.
QNBFS Daily Technical Trader Qatar - November 01, 2022 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis and overview of the QE Index and Mesai'eed Petrochemical stock in Qatar. For the QE Index, it notes the index dipped below support at 12,300 and support is now expected at 11,750, with resistance at 13,000. For Mesai'eed Petrochemical stock, it sees a possible relief rally based on positive RSI divergence, with an expected target price range of QR2.373 to QR2.420 on a break above QR2.294.
QNBFS Daily Technical Trader Qatar - January 26, 2023 التحليل الفني اليومي لب...QNB Group
The QE Index reached strong psychological support around 11,000 but the overall trend remains down. A short-term relief rally is expected. The share price of Masraf Al Rayan remains in a downtrend channel but shows positive divergence against its oscillators, suggesting a possible short-term uptick that could develop into an upward trend change. Resistance for Masraf Al Rayan is expected between QR3.20-QR3.35. Daily technical analysis of the Qatari stock market and Masraf Al Rayan share.
QNBFS Daily Technical Trader Qatar - April 04, 2023 التحليل الفني اليومي لبور...QNB Group
The document provides a daily technical analysis of the QE Index and two Qatari stocks - Doha Bank and QE Index. For the QE Index, it notes that the index corrected to the bottom of its uptrend channel and a breach below 10,000 points could see it fall to 9,500 points. For Doha Bank stock, it discusses how the price has stabilized after a 52% decline and may be poised to rise based on a double bottom pattern. Technical indicators and expected resistance and support levels are also mentioned for both the index and stocks.
QNBFS Daily Technical Trader Qatar - November 17, 2022 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis and overview of the QE Index and Mesai'eed Petrochemical stock in Qatar. It notes that the QE Index dipped below expected support at 12,300 points and resistance was updated to 13,000 points. For Mesai'eed Petrochemical, the stock has been trending down but shows signs of a possible short-term relief rally, with an expected target price range of QR2.373 to QR2.420. Market indicators and definitions of technical analysis terms are also included.
QNBFS Daily Technical Trader Qatar - February 02, 2023 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis of the QE Index and the stock MASRAF AL RAYAN traded on the Qatar stock exchange. It notes that the QE Index reached strong psychological support at 11,000 and a relief rally is expected. For MASRAF AL RAYAN, the price has been correcting since last year and reached strong support levels recently. Expected resistance and support levels are provided for both. Key technical indicators are also summarized.
QNBFS Daily Technical Trader Qatar - February 27, 2023 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis and overview of the Qatar stock market index and two Qatari stocks, BALADNA and MAJID AL FUTTAIM. For the QE Index, it notes the index is approaching a critical 10,500 level and expects a short-term bullish reversal signal. For BALADNA stock, it presents a trade idea going against the downtrend and provides expected price targets and resistance/support levels. For both stocks, it includes charts and indicators like the MACD to analyze price momentum and trends.
QNBFS Daily Technical Trader Qatar - November 01, 2022 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis and overview of the QE Index and Mesai'eed Petrochemical stock in Qatar. For the QE Index, it notes the index dipped below support at 12,300 and support is now expected at 11,750, with resistance at 13,000. For Mesai'eed Petrochemical stock, it sees a possible relief rally based on positive RSI divergence, with an expected target price range of QR2.373 to QR2.420 on a break above QR2.294.
QNBFS Daily Technical Trader Qatar - January 26, 2023 التحليل الفني اليومي لب...QNB Group
The QE Index reached strong psychological support around 11,000 but the overall trend remains down. A short-term relief rally is expected. The share price of Masraf Al Rayan remains in a downtrend channel but shows positive divergence against its oscillators, suggesting a possible short-term uptick that could develop into an upward trend change. Resistance for Masraf Al Rayan is expected between QR3.20-QR3.35. Daily technical analysis of the Qatari stock market and Masraf Al Rayan share.
QNBFS Daily Technical Trader Qatar - April 04, 2023 التحليل الفني اليومي لبور...QNB Group
The document provides a daily technical analysis of the QE Index and two Qatari stocks - Doha Bank and QE Index. For the QE Index, it notes that the index corrected to the bottom of its uptrend channel and a breach below 10,000 points could see it fall to 9,500 points. For Doha Bank stock, it discusses how the price has stabilized after a 52% decline and may be poised to rise based on a double bottom pattern. Technical indicators and expected resistance and support levels are also mentioned for both the index and stocks.
QNBFS Daily Technical Trader Qatar - November 17, 2022 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis and overview of the QE Index and Mesai'eed Petrochemical stock in Qatar. It notes that the QE Index dipped below expected support at 12,300 points and resistance was updated to 13,000 points. For Mesai'eed Petrochemical, the stock has been trending down but shows signs of a possible short-term relief rally, with an expected target price range of QR2.373 to QR2.420. Market indicators and definitions of technical analysis terms are also included.
QNBFS Daily Technical Trader Qatar - December 24, 2020 التحليل الفني اليومي ل...QNB Group
The QE Index continued its upward trajectory, penetrating the 10,500 level. It will now face resistance at the previous peak of 10,700. Qatar Insurance Co. stock formed an inverse head and shoulders pattern, indicating a potential bullish reversal. The stock price is currently testing the neckline of the pattern. A strong breakout above this neckline would confirm the bullish reversal. Technical analysis levels and indicators are discussed for both the index and the stock.
QNBFS Daily Technical Trader Qatar - June 22, 2022 التحليل الفني اليومي لبورص...QNB Group
The General Index started to breach below the horizontal channel, showing weakness; any breach below the descending channel trendline support, expect a continuation of the bearish move in the short term when that breach is confirmed.
QNBFS Daily Technical Trader Qatar - May 30, 2023 التحليل الفني اليومي لبورصة...QNB Group
The document provides a daily technical analysis and overview of the QE Index and Vodafone Qatar stock. For the QE Index, it notes the index is ranging between 10,700 and 9,500 levels and sees some positive signs in this flat behavior, such as the positive divergence between technical oscillators and the index. For Vodafone Qatar stock, it states the stock price has been in an uptrend and corrected to a support level recently, and a bounce from current levels means continuation of the uptrend is most likely. Key resistance and support levels are provided for both. Technical definitions and indicators like moving averages are also explained.
QNBFS Daily Technical Trader Qatar - May 23, 2023 التحليل الفني اليومي لبورصة...QNB Group
The document provides a daily technical analysis of the QE Index and QATAR NATL. CEMENT stock in Qatar. For the QE Index, it notes the index is ranging between 10,700 and 9,500 points and sees some positive signs such as divergence between technical oscillators and the index. For QATAR NATL. CEMENT stock, it states the price is at a multi-year low but sees positive divergence, expecting a rally, though risk management is needed as the major trend remains down. It also provides various technical indicators and definitions.
Daily Technical Trader Qatar - February 18, 2021QNB Group
The document provides a daily technical analysis of the Qatari stock market index and two Qatari stocks - Qatari German Co. and an unnamed stock. For the index, support is expected at 10,200 and resistance at 11,000. For Qatari German Co., price targets of QR3.65-QR5.10 are given, with support at QR2.90-QR2.45 and resistance at QR3.39-QR5.10. Technical indicators and charts are analyzed for all securities. Definitions of technical analysis terms are also provided.
QNBFS Daily Technical Trader Qatar - July 03, 2022 التحليل الفني اليومي لبورص...QNB Group
The General Index breached below the support of the horizontal channel trendline, indicating weakness; however, the index is currently in a rebound mode.
QNBFS Daily Technical Trader Qatar - January 15, 2023 التحليل الفني اليومي لب...QNB Group
The document provides a daily technical analysis and overview of the QE Index and QAMCO stock on the Qatar stock exchange. For the QE Index, it notes the index reached strong psychological support at 11,000 and expects a potential relief rally. For QAMCO stock, it analyzes the sideways trading in recent sessions and suggests a break above the downtrend line could trigger a strong upward move. Key resistance and support levels are identified for both.
QNBFS Daily Technical Trader Qatar - January 21, 2021 التحليل الفني اليومي لب...QNB Group
The QE Index was less than 4 points shy of reaching the 11,000 resistance level we mentioned in our previous reports; it started a correction in the short term.
QNBFS Daily Technical Trader Qatar - December 08, 2021 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis and overview of the QE Index and Mesaieed Petrochem stock in Qatar. For the QE Index, the 11,400 support level is expected to be tested again as sellers remain strong. Mesaieed Petrochem's uptrend remains intact despite a recent dip, and a break above QR2.200 would trigger a buy signal with targets of QR2.250-QR2.350. Various technical indicators and definitions are also included.
QNBFS Daily Technical Trader Qatar - November 09, 2021 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis of the QE Index and Mesaieed Petrochem stock in Qatar. For the QE Index, it notes the index closed at five-year highs but volatility is expected to increase. Resistance is seen at 12,000 and support at 11,400. For Mesaieed Petrochem, the price has been trending up and corrected to support levels. Target prices are QR2.522 - QR2.660 if the stock breaks above QR2.400. The document also defines technical analysis terms like candlesticks, support, resistance and moving averages.
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Technical Trader Qatar - December 24, 2020 التحليل الفني اليومي ل...QNB Group
The QE Index continued its upward trajectory, penetrating the 10,500 level. It will now face resistance at the previous peak of 10,700. Qatar Insurance Co. stock formed an inverse head and shoulders pattern, indicating a potential bullish reversal. The stock price is currently testing the neckline of the pattern. A strong breakout above this neckline would confirm the bullish reversal. Technical analysis levels and indicators are discussed for both the index and the stock.
QNBFS Daily Technical Trader Qatar - June 22, 2022 التحليل الفني اليومي لبورص...QNB Group
The General Index started to breach below the horizontal channel, showing weakness; any breach below the descending channel trendline support, expect a continuation of the bearish move in the short term when that breach is confirmed.
QNBFS Daily Technical Trader Qatar - May 30, 2023 التحليل الفني اليومي لبورصة...QNB Group
The document provides a daily technical analysis and overview of the QE Index and Vodafone Qatar stock. For the QE Index, it notes the index is ranging between 10,700 and 9,500 levels and sees some positive signs in this flat behavior, such as the positive divergence between technical oscillators and the index. For Vodafone Qatar stock, it states the stock price has been in an uptrend and corrected to a support level recently, and a bounce from current levels means continuation of the uptrend is most likely. Key resistance and support levels are provided for both. Technical definitions and indicators like moving averages are also explained.
QNBFS Daily Technical Trader Qatar - May 23, 2023 التحليل الفني اليومي لبورصة...QNB Group
The document provides a daily technical analysis of the QE Index and QATAR NATL. CEMENT stock in Qatar. For the QE Index, it notes the index is ranging between 10,700 and 9,500 points and sees some positive signs such as divergence between technical oscillators and the index. For QATAR NATL. CEMENT stock, it states the price is at a multi-year low but sees positive divergence, expecting a rally, though risk management is needed as the major trend remains down. It also provides various technical indicators and definitions.
Daily Technical Trader Qatar - February 18, 2021QNB Group
The document provides a daily technical analysis of the Qatari stock market index and two Qatari stocks - Qatari German Co. and an unnamed stock. For the index, support is expected at 10,200 and resistance at 11,000. For Qatari German Co., price targets of QR3.65-QR5.10 are given, with support at QR2.90-QR2.45 and resistance at QR3.39-QR5.10. Technical indicators and charts are analyzed for all securities. Definitions of technical analysis terms are also provided.
QNBFS Daily Technical Trader Qatar - July 03, 2022 التحليل الفني اليومي لبورص...QNB Group
The General Index breached below the support of the horizontal channel trendline, indicating weakness; however, the index is currently in a rebound mode.
QNBFS Daily Technical Trader Qatar - January 15, 2023 التحليل الفني اليومي لب...QNB Group
The document provides a daily technical analysis and overview of the QE Index and QAMCO stock on the Qatar stock exchange. For the QE Index, it notes the index reached strong psychological support at 11,000 and expects a potential relief rally. For QAMCO stock, it analyzes the sideways trading in recent sessions and suggests a break above the downtrend line could trigger a strong upward move. Key resistance and support levels are identified for both.
QNBFS Daily Technical Trader Qatar - January 21, 2021 التحليل الفني اليومي لب...QNB Group
The QE Index was less than 4 points shy of reaching the 11,000 resistance level we mentioned in our previous reports; it started a correction in the short term.
QNBFS Daily Technical Trader Qatar - December 08, 2021 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis and overview of the QE Index and Mesaieed Petrochem stock in Qatar. For the QE Index, the 11,400 support level is expected to be tested again as sellers remain strong. Mesaieed Petrochem's uptrend remains intact despite a recent dip, and a break above QR2.200 would trigger a buy signal with targets of QR2.250-QR2.350. Various technical indicators and definitions are also included.
QNBFS Daily Technical Trader Qatar - November 09, 2021 التحليل الفني اليومي ل...QNB Group
The document provides a daily technical analysis of the QE Index and Mesaieed Petrochem stock in Qatar. For the QE Index, it notes the index closed at five-year highs but volatility is expected to increase. Resistance is seen at 12,000 and support at 11,400. For Mesaieed Petrochem, the price has been trending up and corrected to support levels. Target prices are QR2.522 - QR2.660 if the stock breaks above QR2.400. The document also defines technical analysis terms like candlesticks, support, resistance and moving averages.
Similar to QNBFS Daily Technical Trader Qatar - February 19, 2023 التحليل الفني اليومي لبورصة قطر (20)
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNB Group
The document provides a daily technical analysis of the QE Index and QATAR INSURANCE CO stock. For the QE Index, it notes the index remains in a downtrend but is approaching a support level of 9,700, where long positions could be taken. It provides expected resistance and support levels. For QATAR INSURANCE CO stock, it notes the stock has not fallen as much as others and the uptrend remains intact above moving averages, though liquidity is low. It provides expected price targets and resistance/support levels for the stock. Definitions of technical analysis terms like candlesticks, support, and simple moving average are also included.
QNBFS Daily Market Report October 04, 2023QNB Group
The QE Index rose 0.2% to close at 10,273.3. Gains were led by the Transportation and Consumer Goods & Services indices, gaining 1.7% and 0.1%, respectively.
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 24, 2023QNB Group
- The QE Index in Qatar rose 0.3% led by gains in the Transportation and Industrials indices. Qatar Navigation and Al Khaleej Takaful Insurance were the top gainers.
- Regional markets were mixed with Saudi Arabia down 1% but Abu Dhabi up marginally. Economic data from the US and Europe was mixed.
- In Qatar news, QR500mn in bills were sold at a yield of 5.755% and Gulf International Services approved final merger agreements. Ooredoo also signed an MoU to support businesses in Qatar free zones.
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 17, 2023QNB Group
The QE Index declined 0.5% to close at 10,319.3. Losses were led by the Industrials and Consumer Goods & Services indices, falling 1.4% and 1.1%, respectively.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to
sustain its breakout above the
double-bottom formation’s
neckline and continued with
its decline into the
formation’s territory.
QNBFS Daily Technical Trader Qatar - September 06, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
4. 4
Definitions
Candlestick: A chart that displays the high, low, opening and closing prices for a security in a single period. The body of the candle is made up by
the opening and the closing prices, i.e., the taller the body the greater the range between these two prices and vice versa. A colored candle denotes
a closing price that is lower than the opening price, while a white candle shows the opposite. The candlestick's shadows or wicks show the period's
high and low prices and how they compare to the opening and closing price. In general, the shape of the candle will vary upon the positions of the
period's high, low, opening and closing prices.
Support: A level that could cause more buyers to step in in order to prevent the security from falling or causing the security price to head higher.
Resistance: An inverse of a support level. A resistance area or level could cause more sellers to step in in order to prevent the security from rising
or causing the security price to head lower.
SMA (Simple Moving Average): Is an arithmetic average, which calculates the average price of a security over a defined number of periods and is
thus considered a lagging indicator. SMAs used in our analysis refer to closing prices. In general, SMAs serve many purposes, such as a smoothing
tool, an indicative price direction and potential support/resistance levels.
Market Breadth: Breadth indicates the number of securities that have closed higher vs. the number of decliners in a particular exchange.
MACD (Moving Average Convergence/Divergence): Is a trading indicator, which shows changes in the strength, direction, momentum and
duration of a trend in a stock's price through a collection of three-time series calculated from historical closing price data.
RSI (Relative Strength Index): Is a momentum indicator that compares a security’s price gains to its losses for a predetermined number of periods
(we generally use 14 periods). The RSI attempts to point out how a security, in relative terms, is in the overbought/oversold zone. Securities with
a RSI above 70 could be considered as overbought, and below 30 could be considered as oversold.
Pattern/Formation: Is a graphical presentation of a security’s price activity over a certain period of time. Formations come in different shapes (such
as, head & shoulders, triangles, flags, and so on). They can be used to identify potential trends, reversal of trends, price targets, entry and exit
points, etc.
Fibonacci Retracements: Are horizontal lines that indicate expected areas of support/resistance for a security based on a predetermined price
movement. These levels are usually indicated by Fibonacci ratios of 23.6%, 38.2%, 50.0%, 61.8% and 100% from that particular movement.
Fibonacci Pivot and Intraday Support/Resistance: A Pivot Point is generally used to formulate expected future support/resistance levels. From the
base Pivot Point, Fibonacci multiples of the high-low differential are added to form resistance levels and subtracted to form support levels.
5. 5
Contacts
Ahmed El-Khudary
Head of Trading
Tel: (+974) 4476 6533
ahmed.elkhudary@qnbfs.com.qa
QNB Financial Services
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
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