- May 12, 2010
- Posted by: Ramki Ramakrishnan
- Category: Dubai Stocks Outlook
Abu Dhabi Commercial Bank is an important player in the emirate of Abu Dhabi. Elliott wave analysis of its stock shows we could potentially have seen a medium term low and so long as we don’t break below the recent lows, we could well have a multibagger in our hands. Buy dips with stop below that low seen earlier this year.