Mtie Market Maker MapHello Dear Traders,
Decrypting The Algos!
Important Levels
On the Chart, "Horizontal Lines" are Based on Gann Square of 9. They work as Support/Resistance. Watch for Price action around those levels.
Jinny Gann Grid
Vertical lines work as timelines. Expect Reversals around them.
Next Near Resistance: 6.69 then 7.30
Near Support: 6.06 then 5.46
How to Read the Chart?
Zoom in to the Current Price! and see where the support and resistance are on the date you are checking the chart.
Wish you Best of Luck!
Investment and speculation oppo
The last closing low on the daily chart will be at the level of 1.19: 1.2 approximately on 5/8/2024 and the last closing low at the level of 1.03: 0.99.
By breaking the first low during last week's session and the price reaching the second support area, it is expected in the event of an upside, as shown on the chart, to a price level of 1.242, it is the view of reaching the price level of 1.267 and then to 1.296, Allah God willing.
In the negative case, the price will reach the area of 1.211 as the first level and then 1.19 as the second level.
The fulcrum is at 1.3, so if the price continues during the next two sessions below this level, a sideways trend between 1.30 to 1.2 is likely.
Or go down to the second level I can't Allah
In all cases, the stock is trading in parts and beware of stability below the fulcrum, so the treatment of that trading is cautiously and in stages
The condition of achieving the positive probability of the rise is the stability of the news and the negative maker of the stock.
The indicators at the bottom of the screen indicate strong liquidity and an uptrend. The matter is with God before and after
This is not a simple recommendation that is not binding, but my point of view without moral responsibility or otherwise towards my sisters followers, and my goal is for good to prevail always
NAHO (Naeem, Egypt) is seen on a long-term uptrendWeekly chart,
The stock (in USD) has a long term uptrend opportunity - targeting 0.200 and 0.220, provided that the price stabilizes above 0.165 for 2 weeks.
MACD indicator is supporting this positive view.
Note: For the next week, consider the stop loss (SL) level below 0.148 for 2 weeks. Then, raise the SL level as the price goes up.
Note: Heikin Ashi chart is used to give a better trend indicator.
ICFC Important levelsHello Dear Traders,
Decrypting The Algos!
Important Levels
On the Chart, "Horizontal Lines" are Based on Gann Square of 9. They work as Support/Resistance. Watch for Price action around those levels.
Jinny Gann Grid
Vertical lines work as timelines. Expect Reversals around them.
Next Near Resistance: 11.509 then 13.268
Near Support: 9.875 then 8.369
How to Read the Chart?
Zoom in to the Current Price! and see where the support and resistance are on the date you are checking the chart.
Wish you Best of Luck!
Comi Important Levels - GannHello Dear Traders,
Decrypting The Algos!
- Important Levels
On the Chart "Horizontal Lines" Based on Gann Square of 9
Works as Support/Resistance. Watch for Price action around those levels
- Jinny Gann Grid
- Vertical lines works as time lines. Expect Reversal around them.
Next Near Resistance:84.07 Then 89.9
Near Support : 78.37 Then 72.87
How to Read the Chart?
Zoom in to Current Price! and see where is the support and resistance on that date you checking the chart ;)
Wish you Best of luck
Let's talk about OBRI- A beaten down ticker is not that attractive until the market says so.
- it is still hanging around a good entry area.
- the upside short term may be limited to 0.50 to 1 pound of gain (aka 7).
However OBRI has a history of being highly volatile, do we get that during the coming months?
CIB 84 target "overbought"with reference to RSI and resistance level 84 EGP is an overbought signal, even we are in uptrend I would say to CIB stock holder to reduce and out @ 84
the re entry level is 78
Buy only with 10% of your wallet @78 if price fall increase at 73 level
note the recommendation for medium term only and swing treader with target 10%
at 86
**this is not an advice to buy or sell
MEPA has a positive indication to test 1.53 Daily chart,the stock is showing a tendency to test the ascending resistance line R1 (touching around 1.53). Above R1, the next target will be R2 (around 1.70 - 1.72)
MACD technical indicator is supporting this uptrend.
Consider a rising profit protection level, and a near stop loss for this stock.
EMFD "Excellent performance from a great company"An Overlooked Gem in the Egyptian Market: Soaring Growth and Promising Prospects
The provided text highlights an Egyptian stock that has experienced extraordinary growth over the past year, surging by over 135% in value. The stock's fair value has also witnessed an increase from 8 Egyptian pounds to 9.5 pounds, driven by its strong financial performance in the first quarter.
The text outlines two potential scenarios for the stock's future trajectory:
Continued Uptrend: The stock could continue its upward momentum, reaching levels of 8 and 9 Egyptian pounds, with the possibility of further appreciation to even higher levels.
Retracement: The stock might experience a price decline. However, the author strongly advises against selling the stock at any price point.
Personal Experience: having held it since its price was 3 Egyptian pounds. They emphasize the stock's underlying strength and their firm belief that it will appreciate significantly in the future, even if its price drops back to 1 Egyptian pound.
BICO risen from 27 to 41 in 5 monthsRapid change with almost certain assistance from its parent company
What happened during the past period is like a miracle. The company transformed after the first quarter results showed huge losses and embezzlement charges that resulted in restructuring.
After the distribution of closed dividends per share was suspended at 0.75 until liquidity was available, and liquidity was available quickly. I believe that financing was provided by the parent company in exchange for an export share and benefiting from the currency difference after the delay in the Medicine Authority’s decision to move the exchange rate.
The pending dividends were issued to shareholders and we await the second-quarter results, which look promising
I expect the stock to rise to 30 pounds during the month of 8, and the trend is towards 40 in January 2025.
Taqa Important levels - Gann FansHello Dear Traders,
- Important Levels
On the Chart "Horizontal Lines" Based on Gann Square of 9
Works as Support/Resistance. Watch for Price action around those levels
- Jinny Gann Fan / Fan R
- Vertical lines works as time lines. Expect Reversal around them.
For Today
Support : 11.91 - 11.37
Resistance :12.46 - 13.6
Wish you Good Luck Trading.
DOMT "Billionaire revenues and profits that are a joke Q1 financials. Revenue is up 2.1 billion Egyptian pounds, but profits are down compared to the last 10 quarters. The company blames flat product prices while raw material costs are skyrocketing. Seriously, what's the deal? Are they just waiting for us to tell them to raise prices or cut costs? If they're asking for my advice, I'd say they need to get their act together. Oh, and by the way, the full H1 report is coming out in two weeks, so stay tuned.
EGAL OUTLOOKWelcome to the daily analysis of EGAL, a key constituent of the EGX70 and EGX30 Sharia indices. This analysis provides insights into market movements and potential trading opportunities based on a comprehensive approach utilizing various technical indicators. The analysis is grounded in the following methods:
Ichimoku Kinko Hyo: A versatile indicator providing a holistic view of support, resistance, momentum, and trend direction.
Fibonacci Retracement: Used to identify potential reversal levels by measuring the key Fibonacci levels of recent price movements.
Law of Diminishing Returns: Applied to assess the impact of additional investment or effort in the market, helping to determine optimal entry and exit points.
TRIX (Triple Exponential Average): A momentum indicator that shows the rate of change of a triple exponentially smoothed moving average, aiding in identifying trend reversals.
Trendlines: Essential for identifying support and resistance levels, as well as the overall direction of the market trend.
TSI (True Strength Index): A momentum-based oscillator that helps to identify the strength of a trend and potential reversal points.
Stay tuned for detailed insights and strategic recommendations based on today's market analysis. For more information, visit ECAP Outlook
EKHOA OUTLOOKWelcome to the daily analysis of EKHOA, a key constituent of the EGX30 index. This analysis provides insights into market movements and potential trading opportunities based on a comprehensive approach utilizing various technical indicators. The analysis is grounded in the following methods:
Ichimoku Kinko Hyo: A versatile indicator providing a holistic view of support, resistance, momentum, and trend direction.
Fibonacci Retracement: Used to identify potential reversal levels by measuring the key Fibonacci levels of recent price movements.
Law of Diminishing Returns: Applied to assess the impact of additional investment or effort in the market, helping to determine optimal entry and exit points.
TRIX (Triple Exponential Average): A momentum indicator that shows the rate of change of a triple exponentially smoothed moving average, aiding in identifying trend reversals.
Trendlines: Essential for identifying support and resistance levels, as well as the overall direction of the market trend.
TSI (True Strength Index): A momentum-based oscillator that helps to identify the strength of a trend and potential reversal points.
Stay tuned for detailed insights and strategic recommendations based on today's market analysis.
PRDC is relentless - Consolidation after an impulsive move with a resistance around 3.08
- Breakout from this level can send it to 3.20 - 3.30 (3.40 or higher if the market keeps its momentum)
- find a good entry and set a stoploss with a good R:R.
-Size only to your comfort level because its all mere probability.
Abuk Jinny Gann Grid + LevelsJinny Gann Grid & Levels are on the Chart
Jinny Gann Grid/Horizontal Lines Works as Support / Resistance.
Important levels for the Big Cycle on the chart.
Please Make sure u need to zoom in to Present to see a good picture of Important Support/Resistance
Crosses Near the price The green trend and the Red.. Expect a Reversal at the Exact point with High Probabilities.
Every line on Chart was Drawn Based on Equations... not Manually
My Theories... Implemented it to Jinny GANN R
Best Regards
Trade Wisely.