positive outlook on all terms. targeting 3.55 then 3.7 EGP
still consolidating... Defensive industries are the sole Winners such as Pharmaceuticals, Real State development, and/or food. Losers are USD hedge , High Net Debt absolute vlaue, and/or High YoY debt growth companies. Basically its a defensive bullish market with strong Fixed Asset in Balance Sheet .
Watching the November high for a potential breakout. EEII is highly volatile, tight stoploss is not a good idea. Probability that if this breakout happens may trigger an impulsive move. Of course nothing is certain.
- My entry area is marked in green - Trendline resistance @ 13.50 area - Breakout of this trendline can send it to 14.80 area. - Watch out 'cause AMOC likes to do liquidity grab, so give it space to move.
Started adding shares at 8.60s Do your own research. Don’t follow anyone blindly.
Its in a buying area around 0.190s/0.200 high probability for an impulsive move
make your own decision. widen your risk as it has volatility and get fearful at 19 but leave runners.
- probably still has a daily 5% ceiling. - It may consolidate in the channel. -Good entry is probably around 7.40-7.80 - Make your own decision, size accordingly and manage risk.
30-min chart, the index has formed a falling wedge, and should target the Resistance line (R) at around 28125. After crossing it, the target will be 28850 extending to 29545 Technical indicator RSI is positive. Below Support line (S) should be a stop loss.
High probability trade on ABUK with potential target at 107 and 118. Probability 70%
It has a probability of a good uptrend imo. the trade requires good risk management and patience.
- EGX30 came near the 60% Fib level and it was due to a pullback. - It cant stay overbought for too long and a healthy pullback was necessary. - In my opinion, it can stay in a range for a couple of weeks and its a good opportunity to add more shares to winning trades. - In case the market decides to pullback more than the range. stop losses for each trades...
ALCN is listed on CASE. ALCN is currently consolidating even though it is forward trending. Combining SMART MONEY CONCEPT, FVG, and Ichimoku Kinko Hyo outlined a potential intraday trading opportunity as well as medium term. The video narrative is in Arabic language channeled toward Arabic speakers CASE traders. Disclaimer: this is not an investing proposal but a...
ESRS is likely continuing its bullflag with fib levels as potential targets.
- good chance that there may be a continuation for EGAL to the upside. - Volume has decreased during consolidation, which is my only con for this trade. but it may pick up during the move. -Make your decision, size accordingly, and manage risk.
stuck in a range for couple of months. already its in a good area to start adding shares imo.
monthly chart ORWE stock is targeting 14.5 Positive and strong technical indicators
EGX30 found support on the 50ma with 2 candles = 1 pin bar, same like last it hit that same moving average. 80% probability of a continuation to the upside