Which scenario will Heliopolis Housing (HELI) choose?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..
Egx
COSG to rebound to 0.280, then 0.30530-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.
Zahraa ZMID - Trying to beat a 2-year resistance!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.
Can Arab Polvara cross the long-term resistance?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)