According to my analysis to EGX30. I see that its about to collapse more than 60% and its targeting 6173. My analysis depends on : Supply and Demand Fibonacci Idea fails after making a new HIGH NOT A FINANCIAL ADVICE
Egx70 although being still on its uptrend , a secondary downtrend is created on 14/09/2021 a resume of main uptrend needs being closing over the level 2960.04 with volume confirmation .
A true breakout today by indicated candlestick with a bigger volume , an indicated downtrending channel has been created and lower channel line represents the line of downtrend target , if reversal to occur , it must break upward by a bigger volume higher than 11240 level
22/8/2021 Egx30 is performing 4 consecutive down sessions , an expected retest of 10882-10775.44 level as a pullback , however it may continue to 12026 as a wave end otherwise it retraces till 10519.6 where it may rebound
updated due to dividends today, still uptrending for fixed target 55.63 and pattern target 51.98 , best wishes
AIFI is working on a newly formed uptrend and formed a trending channel , it is seen clearly by consequent higher highs and also higher lows , trending AIFI is also seen by nice cross over by 7&14 EMA , this stock is working for a first target of 0.496 L.E support level is 0.299 and first resistance level is at 0.346 then 0.39 Stop Loss level can be at 0.305 Have...
to test the support of the region 6.5 to 6.1 and
The stock is in a bullish wave on the weekly frame, and it is expected that the support will be tested in the areas of 1.478 and 1.356 It is an appropriate support area for purchase Resistances 2.1 first goal 2.9 second goal