ESRS is likely continuing its bullflag with fib levels as potential targets.
- good chance that there may be a continuation for EGAL to the upside. - Volume has decreased during consolidation, which is my only con for this trade. but it may pick up during the move. -Make your decision, size accordingly, and manage risk.
stuck in a range for couple of months. already its in a good area to start adding shares imo.
EGX30 found support on the 50ma with 2 candles = 1 pin bar, same like last it hit that same moving average. 80% probability of a continuation to the upside
Daily chart, Index EGX100 needs some correction, and probably will rebound from 7550 - 7500, to re-test the resistance line. Below 7409 will form a bearish double top pattern, leading to 6865, which is below the support line #1 ! Just be careful!
EGX:ESRS The uptrend started from the bottom of last October at a price of 13.02, then hit the 90-degree angle at a price of 17.63. The stock then rebounded from the 45-degree sub-angle and resumed its rise. The 90-degree angle was broken, making it the best buying area. The target of the uptrend cycle was 31.45, which is the 360-degree angle that the stock...
Entry 0.774 or 0.769 Stop Loss 0.765 This a reaction for EGX30 recent rejections
According to my analysis to EGX30. I see that its about to collapse more than 60% and its targeting 6173. My analysis depends on : Supply and Demand Fibonacci Idea fails after making a new HIGH NOT A FINANCIAL ADVICE
Egx70 although being still on its uptrend , a secondary downtrend is created on 14/09/2021 a resume of main uptrend needs being closing over the level 2960.04 with volume confirmation .
A true breakout today by indicated candlestick with a bigger volume , an indicated downtrending channel has been created and lower channel line represents the line of downtrend target , if reversal to occur , it must break upward by a bigger volume higher than 11240 level
22/8/2021 Egx30 is performing 4 consecutive down sessions , an expected retest of 10882-10775.44 level as a pullback , however it may continue to 12026 as a wave end otherwise it retraces till 10519.6 where it may rebound
updated due to dividends today, still uptrending for fixed target 55.63 and pattern target 51.98 , best wishes
AIFI is working on a newly formed uptrend and formed a trending channel , it is seen clearly by consequent higher highs and also higher lows , trending AIFI is also seen by nice cross over by 7&14 EMA , this stock is working for a first target of 0.496 L.E support level is 0.299 and first resistance level is at 0.346 then 0.39 Stop Loss level can be at 0.305 Have...
to test the support of the region 6.5 to 6.1 and
The stock is in a bullish wave on the weekly frame, and it is expected that the support will be tested in the areas of 1.478 and 1.356 It is an appropriate support area for purchase Resistances 2.1 first goal 2.9 second goal