Daily chart, the stock formed a chart pattern (rising wedge), the target is 3237 There is a resistance (dashed grey line) in the way; where some correction may happen.
On the daily chart, the pattern being drawn, and indicators RSI and MACD are showing the stock is going to trade in zigzag until crossing the resistance line (blue), the target is 300 Crossing 300, will open the probability to target 560 in the long term (monthly chart) Stop loss (225 - 220) should be considered.
Daily chart, the stock is trading in an expanding triangle with a tendency to cross the resistance. After crossing (at around 783), the target will be 930, extending to 1099 Technical indicator RSI is positive Support A line should be considered for a stop loss level. Below support line A, the stock will have higher tendency to test support B.
Daily chart, Delta Sugar, Egypt, has formed a triangle chart pattern and the target is 95. The next target is 113 after the clear crossing of 96 Below the support line (red), stop loss should be considered. RSI and MACD are positive.
1-hour chart, Note: Using Heikin Ashi candlesticks because of the low volume - and this is not suitable for daily trading. Fanar Contracting (FNAR) seems trying to rebound to test resistance. The target is 2.10 After crossing the resistance, the longer-term target will be 2.45 Tech. indicators RSI and MACD are positive. However, the low trading volume decreases...
Daily chart, the stock has formed 2 patterns, rising channel and cup & handle. The first target is 230.9 and the second is 272.2 (on the weekly chart) The technical indicator RSI is at the over-bought area, and it means some correction is due, before going up. Stop loss at 205 - 200 to be considered.
Daily chart, the pair can test the support line A, and most probably break down - as the technical indicator RSI broke down its Moving Average line (MA). Below support line A, the next support is line B. However, I expect a rebound from support B at around 1.073 to the resistance line, and then to 1.175
Daily chart, the MSFT stock is trading in an expanding triangle. After crossing resistance A (green), the target will be 410, after crossing resistance C (GREY dashed|), the target will be 490 (targeting the blue resistance B line
Weekly chart, the stock is trading in an expanding triangle, with positive technical indicators RSI and MACD. After crossing the resistance line (BLUE) - at around 5.7, the target will be 9.38 Below the support line, the stop loss should be considered.
Daily chart, the stock is trading in a falling channel, and last candlestick completed a chart pattern triangle. the target is 0.71 The next target will be activated after crossing the channel to 0.89, then 1.15
Daily chart, the stock SKPC has been trading in an expanding triangle since May 2023, and it is trending upwards - as supported by the positive MACD and RSI indicators. Targets are 32, 34, then 37.7 For daily trader, the stop loss below 28.5 should be considered.
Weekly chart, SUGAR commodity has broken down support line # 2, and is heading towards #1 at around 17.12 Below that, the next target price will be 10.67 Another scenario is to rebound from Support # 1 towards 21 then 23 MACD indicator went negative, while RSI is getting into the buy area
1-hour chart, OIH needs a quick rebound - otherwise a correction will happen to 0.374 extendable to 0.362 New buy entry above 0.405 Above resistance (BLUE line), the target will be 0.512 extendable to 0.521 RSI is positive, in the buy area. MACD is negative: downwards is highly possible.
Weekly chart, the stock could not beat resistance A and B. I think it seeks a good support level to rebound. Above resistance B, the target will be 421 Below support A, the shaded area may work as a magnet for some time, then either the stock moves upwards or to test support B As there are multiple scenarios, be careful!
Weekly chart, Saudi Cement (3030) is trying to complete a chart pattern triangle. After crossing the resistance, the target will be 61. After crossing the longer-term resistance line (dashed GREY), then the target will be 75, passing through resistance levels 67 and 72 RSI is positive
Weekly chart, Reliance Power stock is trading in an expanding triangle. After crossing the resistance (blue) line at around 33.1, the target will be 57.3 - passing through some intermediate resistance levels. Stop loss should be considered after closing below the dashed red line. Technical indicator MACD is positive, while RSI is in the over-bought zone - which...
Daily chart, Longi Green China stock is trading in a falling wedge. After crossing the resistance (blue line) at around 22.3, the chart pattern target will be 32.3 Technical indicators RSI and MACD are positive Stop loss level at 20.5 should be considered.
1-hour chart, the stock is trying to beat the resistance, but still does not have enough bullish power. However, it seams it will rebound soon,and after crossing the resistance (blue line) around 104.7, the target will be 111.6 - A rising wedge chart pattern. Below support A, the next down target will be support B line. RSI is positive