- I see higher potential if NEDA above 3.20 - Tight stop loss is not a good idea. - I wished volume was better but sometimes bulls dont need volume to push the price higher.
Intraday Target 11.20, 11.30, 11.40 EGP Equilibrium Point is the recommended purchase price
COMI, MFPC, ABUK, ALCN, AMOC, SKPC, BINV, EGCH, & sugar are the main drivers for the fall. Traders' sentiment is to trade in strong balance sheets with solid fixed assets as well as avoiding trading in MYX:REVENUE stocks. EGX30 is heading toward 26,600 points to end this correction or the correction will end as soon as FLOATING the EGP.
9 recommended stocks for intraday trading based on 5 minutes timeframe. you can challenge my analysis, and open to correct it good luck
Jinny Gann Grid Levels are on the Chart possible Trendlines my WAY. Jinny Gann Grid/Horizontal Lines Works as Support / Resistance. Important levels for the Big Cycle on the chart. Trade Wisely.
Complete analysis on 1D, 1-4 Hours, 30 min, 15 min, and 5 minutes timeframes. Downtrending and heading to reach 48EGP. USD/EGPp is downtrending as well.
- do your own research but I personally consider COMI a risk off. - technicals are not in favor of a continuation.
positive outlook after correction. confirmation after on complete candlestick on 15 minutes timeframe and/or 2 COMPLETE candlesticks on 5 minutes timeframe crossing 0.547 EGP +++++ CHIKOU span MUST BE ABOVE THE TRADING CANDLESTICKS TARGET 0.576EGP
intraday 5minutes framework ... trading below RED KUMO, TK on top of each other ,,, waiting for Bull TK Cross to achieve 43.5EGP target
trading in the green kumo, chikou is facing down, and red kumo formation means irrational decison. hold your horses .. other opportunities exists in the healthcare sector
minor correction in the short-term still positive outlook .. mid-term & long-term uptrending can increase position size by buying @FVG levels.
ADIB on the run Targeting 50EGP, 52 EGP consecutively POSITIVE outlook based on Ichimoku technique on all timeframes (5min-1Day)
1-hour chart, I am expecting the stock will beat the Resistance line soon. After clear crossing of R, the target will be 6.23 passing through a strong resistance at 5.55 Closing 3 hours below support line S, stop loss
intraday positive opportunity Take position @ price 10.12 EGP Target 10.54 and 10.7
positive outlook on all terms. targeting 3.55 then 3.7 EGP
super trending, Target levels 55 & 47EGP consecutively
minor correction in the short-term still positive outlook .. mid-term & long-term uptrending can increase position size by buying @FVG levels.
minor correction in the short-term still positive outlook .. mid-term & long-term uptrending can increase position size by buying @FVG levels.