Daily chart, the stock EGX:ECAP is drawing a symmetrical triangle, between the Resistance line R and Support line S.
Closing above R for 2 days (above 24 for more safety), the price will target 31.6 passing through the shown resistance levels.
Stop loss is below S, and can be below SL line at 21 (one day, with low volume)
Below SL line, the price may fall...
Daily chart, the stock is trading between support level 8.6 and resistance level at 9.5
Closing above 9.5 for 2 days, will push the price to the shown resistance levels.
Consider a stop loss below 8.6, and raise the level as the price goes up for profit protection.
Technical indicator MACD shows a consolidation in this range is still going on.
On the weekly chart, EMFD is pushing to cross the resistance line. Above 4.17, the targets will be 4.76, 5.13 and 5.35
RSI and MACD are positive upwards
Stop loss at 3.79 should be considered
Weekly chart, the technical indicators MACD and RSI are supporting the uptrend of the stock.
There are resistance levels at 0.83 and 0.91
The target is 0.98 - 1.00 after crossing 0.91
Consider a near stop loss below 0.72
Note: Low volume trading on the daily time-frame.
Daily chart, the stock EGX:SUGR is trying to beat the resistance level at 73.7
2 days closing above 74, the target will be 89.9 then 96.4 extending to 99.8
The support line S should be considered for the near stop loss level for the daily time-frame.
Currently at 70.5
Technical indicators RSI and MACD are supporting this bullish view.
Daily chart, ESRS stock formed a bullish chart pattern (descending triangle), and the target is 94.9, extending to 110.6 (Fibonacci extension)
Technical indicators RSI and MACD are positive.
Daily chart, the stock EGX:MASR is expected to rebound from the support line S to hit the resistance line R at around 4.57 - 4.56
Immediate stop loss below S (4.22)
Another bullish setup will be triggered after crossing the dashed line R1, and closing above 4.70 for 2 days, the target will be 5.6 - 5.7 passing through a resistance level at 5.2
Note :...
Daily chart, the stock EGX:ARCC is trading in a descending channel, and a long flag chart pattern may be completed.
After crossing the Resistance line R, the target will be 12.
Closing above 11.3 for 2 days, the target will be 14 extending to 14.5
A new buy entry should be safer above 11.5 with the stop loss below 11.1
For an immediate entry, the Stop...
Daily chart, the stock EGX:HRHO is forming a rising wedge pattern (Between R and S2), where the support line S2 should be carefully monitored. A Stop Loss below line S2 should be considered.
Below S2, the probability will be high to fall to S1
The technical indicators RSI and MACD are in favor of bullish movement; which should be targeting the upper resistance...
Daily chart, the stock EGX:ETRS dropped from 4.84 to 4.10 and renounced to 4.30
The technical indicators RSI and MACD are telling the price will soon go to 4.50 extendable to 4.60
Note that 4.36 level is a resistance and there may be some fluctuation around this level; before resuming upwards.
Stop loss below 4.25 should be considered
Daily chart, the stock EGX:CIEB is trading in a rising pattern (expanding triangle), and I am expecting the price will go upwards to hit the resistance line R at around 25.8 passing through the shown resistance levels.
The technical indicators RSI and MACD are signalling a soon bullish rally.
The Stop Loss line SL should be monitored
1-hour chart, the stock EGX:AMIA is forming a chart pattern, and is supposed to hit the upper line at around 2.65 within few days.
Resistance levels at 2.47 and 2.55
Technical indicators RSI and MACD are supporting this view.
Stop loss should be considered below 2.31
1-hour chart, the stock EGX:ZMID is preparing to rebound from the lower channel line R.
The target should be the upper line (around 7.6) passing through some resistance levels.
Technical indicator RSI is supporting this view.
Stop loss below 7.05 should be considered.
Daily chart, the stock EGX:ARAB has been falling badly. The pattern is showing a possibility for 2 rebound levels: 0.352 and 0.326
Technical indicators:
RSI is near a BUY zone.
MACD is signalling a down movement.
So, a new entry should be after the clear rebound.
Be careful with this stock!
Weekly chart, the stock EGX:EDBM is trading in a rising channel, and the technical indicators MACD and RSI are showing the strong potential to target the resistance line R at around 0.44
(Used Heikin Ashi candlesticks to remove noise)
Stop loss below 0.295 should be considered.
Daily chart, the stock EGX:ENGC is forming a rising channel.
The last candlestick can be considered as signal for a positive movement.
The expected target is 27.0 at the resistance line R, passing through resistance zones 24.4 and 26.0
Consider a stop loss below 22.0
Monthly chart,
PHDC targets 4.33 after crossing the resistance line at 3.52
A very long term target is 9.35 after crossing the 5.0 resistance (high of April 2018)
Stop loss 2.8 should be considered
Daily chart, the stock EGX:MOIL is trading in a flag chart pattern inside an expanding triangle.
I see the price has a high probability to rebound to resistance line R1 from the support zone 0.375 - 0.371, then the target will be blue line R2 (around 0.408 - 0.405)
Above R2, the targets are shown on chart.
Note: New entry should be after clear rebound.
Stop...
