The Egyptian Stock Exchange has not risen since its summit in 2008. A real motive rise has returned.. only a corrective sideways rise, and it must drop strongly in the shaded area in order to end all weakness and gather itself to make a strong motive rise like what happened between 2002 to 2008 Please clarify that I am helping you with my point of view, which may...
23.5 then 14.00 those are zones where it will rebound
HRHO, is going to high over-sold area, and the technical indicators are telling the stock is targeting 16.6 then 16.8 soon. This is a 30-min chart technical analysis. Stop-loss at 15.60 should be considered for this time frame reference. On the bigger time frame, I have a forecast for 20% up in 2 months.
BTFH, on the 15-min chart has positive technical indicators to cross 3.18, then 3.24 The stock is targeting 3.68 on daily timeframe. Note this stock is volatile and your profit protection and stop loss levels should be considered.
sweedy is sold on supply zone and now correcting the big up move so it has two key levels rebound zone 13.75-9.15 demand zone 8.00-5.60
A newly formed uptrend is growing started from the strong demand zone, targets 3.28 then 4.50
The next resistance likely to occur is 3624.991 , I think it is a non breakable one .
BEltone financial is to reverse and hit first resistance at 5.60 , the test of 5.60 may be strong and a breakout may occur and a next resistance is 8.00 .
The stock is still in a neutral range on the ascending triangle pattern between the two major support or demand areas and between a nearby secondary supply area, and the price movement is waiting for the penetration of any of the two ends of the pattern so that we can talk about the expected targets
The stock chart shows that during the 13 months from April 2022 until May 2023, a large movement during which it completed the five Elliott motive waves, and since this date it began to form corrective waves until the golden ratios of Fibonacci, and therefore it is now heading to the shown lower demand area, which is between 0.41 and perhaps a little below , the...
This stock chart adpc is showing a newly formed uptrend with a unique and observable retracement till the demand zone shown on the chart and new rebound is formed from that demand zone on the short term trading chances , the first target at 1.74 and second target at 1.90 approximately, nice trading
EGCH, Egypt One the weekly chart, a technical pattern flag was formed, and the target is 11.3 Once we cross up this level, the stock should target 15.5 This is a medium term view in few months. Profit protection should be considered.
On the 30-minute chart, ORWE is showing a short term rebound.. Above 16.24 to target 16.4 soon. Breakingout 16.4 level, the stock will target 17.2, 17.5 in few days.
HRHO, Egypt On the daily chart, the technical indicators RSI and MACD are showing positive up direction. Once the stock crosses up 20.4, easy target will come 20.7 and 21.4 Above this resistance zone, we will have 25.2 in few weeks. Note 1: Stop loss at 19 should be considered - short term, and at 14 after 25% discount Note 2: The coming free stocks distribution...
On Chart Fib Retracments Channels Every Pivot on Channel will work as support or Resistance based on where the price is located When u have a Fib Level + Channel Mid/Lower/Higer Band thats a strong Area to Consider Buying/Selling. Atm Its good Entry with a tight Stoploss 3.66 Kinda Bullish For Long Term. Investor stop Would be Close Lower than 2.91
THE NEXT BULL market up to 2023 ,2024 also devaluation gives Egyptian stock indices a lot of positive