EAST it's easy, but only for professionals, long term positive.#EAST timeframe 1 day
Created a bearish AB=CD pattern
Sell point around 34.90
Stop loss / reentry 35.85 (estimated loss -2.77%)
First target at 33.00 (estimated profit 5.00%)
Second target 31.95 (estimated profit up to 8.60%)
MACD supports this idea
NOTE: this data is according to timeframe 1 day.
NOTE: stock remains positive for long term.
It's not advice for investing, only my vision according to the data on the chart.
Please consult your account manager before investing.
Thanks and good luck.
ISMQ - great fundamental #ISMQ timeframe 1 HOUR
created Gartley Bullish pattern, so we can see action price in this point .
Entry level around 5.44
Stop loss 5.30 ( loss may go to up -2.50% )
First target at 5.76 ( with profit around 6.00% )
Second target 6.04 ( with profit around 11.13% )
Third target 6.24 ( with profit around 14.87% )
NOTE : this data according to time frame I hour,
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
ORWE - fast and secure #ORWE - Timeframe 15 minutes .
Created 2 Bullish patterns ,( Gartley - AB=CD ) with same targets .
Entry level at 21.95
Stop loss 21.80
First target at 22.35
Second target 22.63
Third target 22.83
Also MACD and RSI show positive diversion that's may support our idea .
note : chart on timeframe 15 minutes
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
TMGH Trend Line Rebound AnalysisTMG Holding trend is still in a downward zone, but rebounded at the support line 52.019. In case of a rise, it is expected to breach the resistance line 52.472 and reach the resistance line at 52.805 points. In case of falling, it's expected to break the 1st support line at 51.535 points, then the second support line at 51.475, then the third line at 50.779, which is fundamentally not a preferable expectation because of the Omani Ministry of Housing and Urban Planning signing a $4.7 Bln real estate deal with TMGH. For developing two real estate projects spanning 4.9 million square meters, to deliver around 12.9 thousand residential units. In addition, the combined sale value of units is projected at $4.7 billion.
SWDY Trend Line AnalysisSWDY stock is in a downward line, but rebounded back from the support line 78.025. In case of falling it's expected to break the 1st support line 78.025 till reaching the 2nd support line 76.249. In case of rising, it's expected to breach the 1st resistance line 78.326, the 2nd resistance line 78.687, and the 3rd resistance line at 78.928, which is fundamentally highly expected due to its latest acquisition.
TMGH Trend Analysis TMG Holding trend is still in its neutral zone, reflecting bearish dominance over the bullish. In case of rising, it's expected to reach the resistance line 53.198, the second resistance line 53.228, then the third at 53.47 points. In case of falling, it is expected to reach the support line 52.956, the second support line 52.775, then third support line 52.684, but fundamentally it's a far expectation because of TMGH Q1 net profit after tax is EGP 4.42 Billion versus EGP 4.14 Billion year ago. Secondly, revenue was EGP 9.43 billion versus EGP 6.79 billion a year ago. Thirdly, outstanding real estate sales of EGP 77.2 billion. Fourth, the group's backlog amounted to EGP 350 billion.
SWDY Trend AnaylsisSWDY stock is in a downward trend. In case of falling, it's expected to break the first support line at 78.025 points, till it reaches the second support line at 76.249 points. In case of rising, it's expected to reach the first support line 78.687, the second support line 78.928, and the third support line at 79.019, which is highly anticipated due to its latest acquisition.
#OFHCreated Gartley Bullish pattern ,
Entry level at 0.492
Stop loss 0.488
First target at 0.500
Second target 0.508
Third target 0.514
note : chart on timeframe 30 minutes
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
Dice Egypt to be monitored for a new entry - Good opportunity!Daily chart, the stock EGX:DSCW broke the lower trend-line of the rising wedge pattern. So, technically this bearish movement should test the pattern target 2.15
However, there are near relatively strong support cushion at 2.45 - 2.42, then a support level at 2.24
A new entry (buy) can be made after 2 days close above 2.51 with high volume, to target 2.75 to 2.80 (then 3.05)
Stop loss below 2.40 should be considered.
Arab Moltaka Egypt can be an investment to 4.90Weekly chart, EGX:AMIA
The price crossed up a major resistance line R, and is testing it.
In case of trading above 3.06 with high volume for 2 weeks, the target will be 4.90 passing through strong resistance 3.57 (last highest High), then a psychological barrier 4.00
Stop loss below 2.65
Technical indicators:
RSI is on a bullish trend, at 62
MACD is positive
ADRI - Egyptian stock market - good for medium term investing #ADRI timeframe 1 DAY
Created Gartley Bullish pattern.
Entry level at 1.08 ( price now 1.07)
Stop loss 1.02 ( loss may go to up -5.50% ) - support 1.05
First target at 1.24 ( with profit around 14.49% ) resistance 1.15
Second target 1.37 ( with profit around 26.60% ) resistance 1.28
Third target 1.52 ( with profit around 40.84% ) resistance 1.45
NOTE : this data according to time frame I DAY , so its may take time up to 3 months .
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
Defining SWDY's TrendSWDY stock in the short run is still defining its trend. The most recommended case is rising, it's expected to reach the 1st resistance line 80.081, then the 2nd resistance line 80.183, and the 3rd resistance line 80.448 points. In case of falling, it's expected to reach the 1st support line 79.89, the 2nd support line 79.51, and the 3rd support line at 79.001, which is fundamentally not highly expected due to its latest acquisition.
TMGH Neutral Zone AnalysisTMG Holding trend is currently in a neutral zone, which supports the EGX30 zone analysis, reflecting the investors' wait for updates to orient them on which trend to prepare for, whether buy or sell. In case of rising, it's expected to reach the resistance line 54.044, breaching it depends on the future news. In case of falling, it is expected to reach the support line 52.573, but fundamentally it's a far-off expectation according to its current state among the upcoming summer season and its widening ads.
KRDI Egypt is expected to target 0.65 then 0.75Daily chart,
the stock EGX:KRDI has been trading above a rising trend line since Oct 2024. I see the price will rebounce from the current level 0.600 to test the resistance line R1.
After crossing R1 line at around 0.650 - 0.658, the next target will be R2 (around 0.750 - 0.760).
Technical indicators: RSI and MACD still need confirmation for a new entry (buy)
Note: A Resistance level at 0.670
Consider Stop Loss below 0.600 (closing)
ECAP - Egyptian stock#ECAP timeframe 1 DAY
created 2 Bullish pattern ( Gartley and AB=CD ) , so we can see action price in this point .
Entry level at 22.70 ( price now 22.40 )
Stop loss 22.00( loss may go to up -3% )
First target at 24.45( with profit around 7.60% )
Second target 25.97( with profit around 14.70% )
NOTE : this data according to time frame I DAY ,
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
#CRST#CRST timeframe 1 DAY
Created Gartley Bullish pattern ,
Entry level at 0.638
Stop loss 0.60 ( estimated loss - 5.95% )
First target at 0.721 ( estimated profit 12.90% )
Second target 0.793 ( estimated profit 24.20% )
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
SWDY Chart AnalysisEl Sewedy Electric stock trend rose last period from the support line 76.249 to the resistance line 83.77, then rebounded to reach the support line 79.001, so the general trend was down by 1.04%. The stock rose and broke the first support line at 78.287, to get the second support line at 78.389, then the third support line at 78.650. On the other hand, when the stock rebounded, it broke the first resistance line at 83.505 to reach the second resistance line at 83.097, then the third resistance line at 82.914. This upward trend is due to the acquisition of the majority of the stake in Thomassen Service, which is 60%. This step unlocks expansion into Europe, the Middle East, and Africa.
Macro Group Egypt is expected to target 2.70 then 2.92Daily chart,
the stock EGX:MCRO price is drawing a rising channel pattern.
I expect the price will break out the resistance line R1; to target the line R2, then the line R3 at around 2.92
Some intermediate resistance levels are shown on the chart.
A new entry (buy) should be made after closing above 2.30
Stop loss below 2.20
Technical indicators:
RSI has a bullish trend line
MACD is positive