trendless minor correction in the short-term
still positive outlook .. mid-term & long-term uptrending
can increase position size by buying @FVG levels.
Catch me, if you can ...ADIB on the run
Targeting 50EGP, 52 EGP consecutively
POSITIVE outlook based on Ichimoku technique on all timeframes (5min-1Day)
GADWA is preparing to cross the Resistance1-hour chart, I am expecting the stock will beat the Resistance line soon.
After clear crossing of R, the target will be 6.23 passing through a strong resistance at 5.55
Closing 3 hours below support line S, stop loss
positive outlook .. ending correctionintraday positive opportunity
Take position @ price 10.12 EGP
Target 10.54 and 10.7
trendless minor correction in the short-term
still positive outlook .. mid-term & long-term uptrending
can increase position size by buying @FVG levels.
trendless minor correction in the short-term
still positive outlook .. mid-term & long-term uptrending
can increase position size by buying @FVG levels.
correction movement in Correction Phase ... short erm
still uptrending for mid-term & long-term investors
Waiting for AMIA to beat Resistance and Target 3.4630-min chart, the stock is trading in the upper side of the falling channel, which indicates higher chance to beat Resistance soon.
Closing above 2.90 for 2 candlesticks, will activate the targets 3.09, 3.25 then 3.46
Stop loss below 2.70
EEII may break November's high Watching the November high for a potential breakout.
EEII is highly volatile, tight stoploss is not a good idea.
Probability that if this breakout happens may trigger an impulsive move.
Of course nothing is certain.
Steady Grind on AMOC- My entry area is marked in green
- Trendline resistance @ 13.50 area
- Breakout of this trendline can send it to 14.80 area.
- Watch out 'cause AMOC likes to do liquidity grab, so give it space to move.
GBCO Potential BreakoutStarted adding shares at 8.60s
Do your own research.
Don’t follow anyone blindly.
Positive outlook on intraday tradingPositive outlook on intraday trading on a five minute time frame, Green KUMO formation + she Chikou span upward above of the TKK Cross.
Positive outlook for intraday, RRR 5/1
positive outlookShort term outlook on the five minutes timeframe, it's positive and moving forward Green Kumo formation, and schikou above TK.
Dealbreaker for this intraday transaction is USD to Egyptian pound forex rate (parallel)
Daily Framework : transitionning5 minutes framework (intraday) positive outook.
Kumo Twist formation + Chikou Span upward & higher than TK
Targets, 10.5 & 10.79 EGP
BULL TK cross & Kumo Twist 13:45 on Thursday, Bullish signals were present.
Sugar is supertrending, taking into consideration stability of USD EGPp rate.
uptrending Green Kumo formation on 5 timeframe, TK Cross 13:50 ... FVG is on the corner.
Positive uptrend, Purchase point 81.5-82, target 83.9 EGP
The key success factor for this idea is the maintaining USD EGP parallel market rate above 65EGP
Chikou span facing downwardTechnical Analysis for intraday 5/2/24
Correction & Plateau; KUMo formation is very thin.
conservative outlook with 2% gain.
volume 5M below average 8M
Overall COMI is still uptrending, and trading above trend mid point.
INEG high probability tradeIts in a buying area around 0.190s/0.200
high probability for an impulsive move
TAQA is preparing for a movemake your own decision.
widen your risk as it has volatility and get fearful at 19 but leave runners.
ZMID wants to breakout !!?- probably still has a daily 5% ceiling.
- It may consolidate in the channel.
-Good entry is probably around 7.40-7.80
- Make your own decision, size accordingly and manage risk.
CERA EGX Egypt, at accumulation stage to target 1.4 in 18 weeksStock CERA EGX Egypt,
On the weekly chart, it is going through slow accumulation,
It is expected to leave this level soon, targeting 1.4, in uptrend movement for 16 - 20 weeks.
The high probability for more Egyptian pound devaluation will push prices up.
