Please be aware of breaking below the Yellow UP Trendline That will be Bearish.
Levels for possible support and resistance depending where price is located to the level on the chart.
Near Resistance 108
Near support 102
Breaking below 83 Consider it officially Bear Trend.
Analysis of #EHDR
There is a douple bottom pattern forming on the daily timeframe and crab pattern supported by upper channal
Entry Point 0.44EGP
I am looking to take profit at 0.52 / 0.57 /0.60 and closing all trade 0.65/0.67 EGP Please Take Care Stop loss 0.375 EGP
#AIH analysis this chart very strong supported by 4 pattern inverted head $shoulers/ double bottom /shark pattern / break down channal entry in green zone stop loss 0.29 EGP target 51 EGP then red zone
we show that up trend ended at resistant area at 3.845 and the sellers go on the chart and make the price reach the support area and the price tested the support area three times and can't broke it so I expect that the price will reach the resistance area at 3.840 and test it
Good signals for buy
1/ green up trend test 3times
2/ small tringle breaked through then success in test it again
3/large inverted head and shoulders breaked through then it has tested
4/ large bulish butterflly pattern its target 0.26 EGP
As shared last week, I guess. The stock is moving down and will continue to reach the area around 0.26 depending on whether the whole market continues falling the next week based on today's market session or will bounce back up if the market stops rectification.
As we can see down below the stock is moving between the prices of a channel and is continuing with the rounding bottom chart formation. Almost hit the high of the channel might test it again and might go to the down line to bounce back to a higher high accordingly. to be followed
As we can seen now and speculated yesterday that the pattern will continue to be formed on the chart. We can now see a clear reversed head and shoulders with the target. pattern is 100% confirmed once it breaks the shoulder lines upwards. an order to buy will be put around 0.198 and 0.20. Best of luck
As we can see, we can speculate that the char will continue to form the other shoulder so a reversed head and shoulder is drawn and can set a goal for it around 0.23-0.24
Anyway chart is not completed yet however a trade can be done till the other shoulder is drawn on the chart and if it continues, you will have bought the stock in a lower price than u would...