EEII, EGX, 100% up targetEEII ,
On the weekly chart, the technical indication are positive for good uptrend.
Breaking the line of 1.10, next target is 1.39,
then 2.20, and more..
Egx
A Painful Q2 for EGX?We had quite an impulsive run on EGX30 since summer 2022 with more than 105% gain however, nothing lasts forever :(
We're due for a correction!!
In the light of my elliot wave count, we should anticipate wave 4 to correct anywhere between 11 - 30%. I personally expect a 24% correction to meet the golden ratio (0.618 feb) for the retracement, with an invalidation below 12700.
Generally, wave 4 is where everyone gets frustrated and we can easily see this happening with the current overall sentiment in Egypt hitting seriously low levels while inflation skyrockets and fears of further devaluation of the EGP builds up.
This won't last long however. If my forecasts were correct, we should be over by May or June, and those who kept their patience and built positions during the correction will profit without a doubt.
Let's see where we will go :)
An analysis for COMI StockFrist, we show on the top 4 Resistance lines in yellow and on the bottom one support line in green .
and we show a pattern of Two heads but upside down .
and the result of that, that the price of COMI Stock will increase to more than 51.000
PALM HILLS 4/27 TO 28/4 The last day of Thursday in the stock market. Please sell today, it will be blood red.
EGX:EGX30
EGX30 updateEGX30 support for Head and shoulders @ 11400
Breaking 11400 will lead to 10800
Dr. Tarek Gadallah
Trade technical Plan for FWRY stock This is my view on the trade plan for FWRY stock.
the stock is in a strong uptrend and it shows strong potential to continue this strong uptrend.
Trade technical plan for (AIFI)this is a technical plan for an obvious Cup and Handle pattern formation, Initial Entry is triggered by the break of the Handle downward channel but most importantly with higher than average VOLUME. Scaling-up can be at the break of the Neckline.
MY trade idea for ISMA stockStock ISMA is showing a strong reversal pattern and can be traded as shown.
my idea is to enter at the break of the pattern "which it did on 22th of April" and my stop is below 5.5.
The initial target is at 7.2 (around 22% price move) and then exit and wait for the next pullback.
ABUK (EGX) - Moving in Channel with BullishHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction.
ABUK (EGX) - Moving in Channel with Bullish
EAST (EGX) - Continue BullishHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction.
EAST (EGX) - Continue Bullish
FWRY (EGX) - Still Bullish TrendHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction.
FWRY (EGX) - Still Bullish Trend
QNBA (EGX) - Be Carefull for BearishHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction.
QNBA (EGX) - Be Carefull for Bearish
COMI (EGX) - Still in sideway Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction.
COMI (EGX) - Still in sideway
A strong bullish trend break from 2016A strong bullish trend break from 2016
The stock is expected to decline to test the support of Area 41 and 37
-1EGX30@15.2K-13.8K - PL: +1.5K(+10.1%) Open profit: 10.1%
Still no divergence on 1D
#GOSISI #SISI2020
