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, EXPA to target 22.8 after crossing the resistance line (blue) at 18.7 - 18.6 Stop loss at 17.2 The second scenario , breaking the stop loss level, the target will be the support line (red), and a new BUY can be done, to target the resistance blue line up (rebound trading)
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
Daily chart, Alexandria Containers (ALCN) has the MACD indicator crossed up the zero line and positively the stock has a bullish movement towards 44.6, then to test the resistance at around 46.3 Closing above resistance line will activate the target 55.6
Monthly chart, EKHO is still suffering (relatively) low volume trading, and the last candlestick is not complete. We need to wait a strong rebound from the support line, and then the crossing of the medium term resistance (GREEN). Above this level (around 1.05), the target will be 1.37 then 1.57 (to test the long term resistance - BLUE line) Technical indicator...
30-min chart, AIFI is trading in a critical level, where it can rebound from the current level to test resistance (BLUE), or go downwards to test the support line (RED) My view is more positive (upwards).. Some important price levels of resistance and support are shown on the chart for monitoring. Above resistance: target 0.800 Below support: target 0.412
Weekly chart, the stock has been accumulating for long weeks. After confirming 2 weeks closing above 1.97, the target will be 4.61 MACD crossed up positively Stop loss below support level
Daily chart, ICFC stock is seen to test support #1 or #2 then rebound towards resistance line (BLUE) The MACD indicator crossed the signal line downwards = negative sign Below 19.6, the stop loss should be considered.
Buy MFPC TO TARGET 1 = 540 After rising and stabilizing above the 540 EGY, the price targets the 1000 EGY NOTE This is not should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.
Daily chart, Index EGX100 needs some correction, and probably will rebound from 7550 - 7500, to re-test the resistance line. Below 7409 will form a bearish double top pattern, leading to 6865, which is below the support line #1 ! Just be careful!
Weekly chart, EGX70 index has reached the upper long term resistance line, and has a very over-bought RSI. I am thinking of 2 scenarios: 1. Some correction (around 4900), flat correction, then rebound to cross resistance up. 2. Deeper correction to support 2, then rebound, then rebound to cross resistance up. Note: As the Egyptian pound is getting a devaluation,...
Monthly chart, Heliopolis Housing (HELI) stock seems to have 2 scenarios. Either to cross 13.22 - 13.33 up and target 17.4 - 17.5 Or to break support # 1 down to support # 2 The indicators RSI is still positive, MACD is signalling a tendency for correction. Note: this is long term trading map..
Daily chart, the stock has almost completed the pattern (pennant), and the target will be 13 Some resistance at 9.4 , 9.6 , 10.2 , 11.4 Stop loss at 8.84
Huge profit announcement today published by ASCOM, +2.2 Billion revenue increase in just 3 quarters, i think also because of the latest gold Mine sell this huge pop in share prise went up. Share went up again Above the 51 pounds, expected Targets T1: 75 T2: 102 If the above are broken and price still breaking new ATH T3: 202 Lets see:) Good Luck
30-min chart, COSG should rebound to the resistance line at 0.280, as the last hammer candlestick tells. Crossing the resistance, the target will be 0.305, extending to 0.325 The dotted RED line should be considered for stop loss (below 0.255) for this time frame.
Weekly chart, Zahraa ZMID is showing good potential for high targets. Above the 2-year resistance level (at 8.80), the target will be 11.07 then 14.40 MACD is positive. RSI is almost over-bought --> The stock may need some flat trading before crossing up / or some very minor corrections to cool down the indicator.
Monthly chart, Arab Polvara tested resistance line 1, and could not cross, rebounded to line 2. The technical indicator MACD is positive, but RSI is in over-bought zone. So, a correction may happen. Note: Recent trading volume is low. I see the stock is currently trading in a critical price level, and needs to be above 7.10 to go next level to target 13.8 (long term)
1-hour chart, ISMQ should re-test the support line (red) at 1.52, then rebound to 1.58 After crossing up the resistance line (blue), the target will be 1.66 Stop loss at 1.52