Gann of egx30 long term target 23000 stop 16463 short term
Aphghany gann of ZMID target 55 long term stop 4.54
Gann of chart EFIH target 28.6 for long term stop loss 11.25 long term
Gann of fwry target 13 long term stop loss 5.43 short term
Gann of zmid chart target 15 long term stop loss 4.54 long term
ABU KIR is expected to move side ways for couple of weeks before reaching potential 53 within few weeks. Good range for buying even though EGX30 is going down
From Technical Analysis in the Vicinity of Financial Physics The buying strength shown by ISTRI decreased with a rate higher than the decrease of buying pressure and buying momentum. This explains the reason for future decline in buying pressure, momentum. PS the momentum indicator is the product of volume and the change in price.
Wait to reach mid-zone and text it at LE 6, that is very close to the book value.
I think it will break the demand zone, the price is lower than the book value and RSI divergence
Very close to the monthly supply zone, so should wait for the breakout or get it from the lower position at the support zone
Supply Zone between $9-$10 should wait even break supply zone and get it from lower support lines
If the stock didn't drop lower than up trend line the price will reach up to 26 LE
Price has been dropped from the supply zone, I think it will drop to mid zone at 16 LE and them then go up.
If the week candle complete body is higher than 22 LE, the stock may reach the historical supply zone at 40 LE
This stock in the supply zone if it crossed 10 LE can target the historical high
ABUK in a weekly uptrend if it keeps up, higher than the support line (higher than 43 LE), if it breaks this line I am expecting to reach 40 -36 LE.