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MEPA.EGX undergoes a big corrective journey The stock chart shows that during the 13 months from April 2022 until May 2023, a large movement during which it completed the five Elliott motive waves, and since this date it began to form corrective waves until the golden ratios of Fibonacci, and therefore it is now heading to the shown lower demand area, which is between 0.41 and perhaps a little below , the current trend is a bearish correction to the demand areas or the strongest support areas .
EGX:MEPAShort
by Abu_Enaba
HRHO, EGX, To target 21.4 , 25.2 in few weeksHRHO, Egypt On the daily chart, the technical indicators RSI and MACD are showing positive up direction. Once the stock crosses up 20.4, easy target will come 20.7 and 21.4 Above this resistance zone, we will have 25.2 in few weeks. Note 1: Stop loss at 19 should be considered - short term, and at 14 after 25% discount Note 2: The coming free stocks distribution will affect the prices. But, this stock will most probably discount and then rebound quickly.
EGX:HRHOLong
by snour
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