ARCC testing Fibonacci golden level projection to go long once pIf it is corrected 10.1 will test the demand area in the range 9.4:9.9
Should buy it once it crosses 10.8.
Intraday trading opportunity ALCN is listed on CASE. ALCN is currently consolidating even though it is forward trending. Combining SMART MONEY CONCEPT, FVG, and Ichimoku Kinko Hyo outlined a potential intraday trading opportunity as well as medium term.
The video narrative is in Arabic language channeled toward Arabic speakers CASE traders.
Disclaimer: this is not an investing proposal but a forward thinking analysis that might be right based on the market dynamics.
AMOC wait till it tests the main resistance at 10.17I don't recommend buying until it gives a better sign, or testing 10.17 if it crosses down, will test the demand zone with a range of 9-9.4
AlUM to test an important resistance of 17.9If crossed down, will test the demand zone after testing the important volume profile 14.16
Elshams to test the demand zone and bounce back the stock broke the trend line and will test the demand zone.
Commercial International Bank (COMI) opportunity Seizing intraday opportunity based on Smart Money Integrated with Ichimoku Kinko Hyo + FVG.
The narrative is channeled toward Arabic speakers trading in CASE.
Disclaimer: My analysis is not an investment proposal; Please consult your Investment Advisor and/or your Wealth Manager for your investment decisions.
ACAP is preparing to cross the Resistance line RDaily chart, the stock is trying to beat the Resistance line R.
Some correction may happen between 0.618 - 0.600 and rebound afterwards to test the Resistance line R.
Above Resistance line R (crossing at around 0.670), the target will be 0.770 then 0.920
Stop loss below 0.600 should be considered.
Misr Fertilizers Production Co SAE (MFPC) - weekly reviewMisr Fertilizers Production Co SAE (MFPC) weekly review is based on Ichimoku Kinko Hyo, and Haikin Ashi.
The narration is in Arabic language & channeled toward Arabic Speaking EGX traders.
Thank you.
ALCN - Weekly review Alexandria Containers and goods CASE:ALCN
Egypt / Industrials / Transportation Infrastructure
The review is based on Ichimoku Kinko Hyo, and Haikin Ashi.
The narration is in Arabic language & channeled toward Arabic Speaking EGX traders.
Thank you.
ATQA is preparing to beat Resistance1-hour chart, the stock has a high probability to cross the Resistance upwards, forming a triangle pattern, and to target 5.97
The next target will be 7.35 (pennant pattern)
Below Support, targets S2, and stop loss below 4.25
EIUD should target 0.425 after beating Resistance (R)Weekly chart, trading in a falling expanding wedge, high probability to target the Resistance line (R), then cross upwards.
Above Resistance (around 0.308), the target will be 0.425
Above R2 targets R3 (around 0.520)
Raise the profit protection level as the price goes up.. Below 0.230 stop loss
** Be careful with this stock - as it has up and down sudden sprints!
AIFI should target 0.585 after crossing Resistance30-min chart, the stock is trading in a falling wedge.
After crossing up, the target is hitting the resistance line (R) upwards.
After crossing at around 0.520, the target will be 0.585 passing through some resistance levels as shown.
Below 0.503 (support line S) stop loss
ISPH is on critical price zone !Daily chart, the stock may test support S1 then rebound to R1 (a triangle pattern).
MACD is signalling some correction (downwards direction)
After crossing the resistance line R (around 3.67), the target will be 5.25 - Rising Channel pattern
Below S1, the stop loss.
AMIA should target 2.99 then 3.52Daily chart, the stock made a nice breakout to the rising channel, the target is 2.99, then 3.52
However, as the technical indicator RSI is in the over-bought zone, there may be a correction before continuing upwards.
Profit protection level should be dynamically considered as the stock price goes up.
Faisal Islamic Bank (FAITA) should target 1.26Weekly chart, the stock is trading in a rising expanding wedge (semi channel). It should rebound from the Support line (red) towards the Resistance line (blue) to around 1.26 passing through some resistance levels as shown.
Stop loss below Support line.
MACRO should target 4.35 then 4.77 after crossing resistanceDaily chart, I am expecting the stock for form the chart pattern Cup & handle.
After crossing the R esistance line, and closing 2 days above 3.45, the target will be 4.77 passing through resistance levels 4.00 and 4.35.
Beltone (BTFH) should target 5.5 after confirming breakoutDaily chart, the pattern triangle was formed. Closing above 4.05 will confirm the target 5.50
Technical indicator MACD is positive. RSI is getting near over-bought; pushing for correction!
So, be careful and ready with a dynamic (quick) stop loss
ACAMD to target 1.12 then 1.40 after crossing Resistance1-hour chart, the stock is trading in a rising triangle pattern, going to hit the Resistance line (blue) at around 1.118 - 1.120.
After crossing up, the target will be 1.30 then 1.40
Stop loss below the support line.
ElSwedy Electric (SWDY) should target 38 then 50 and 55Daily chart, the stock is trading in a rising widening wedge, and has a tendency to cross the long term Resistance line (RL) at around 32.7, then the target will be 38.
Above the resistance line R1, the target will be 50 - (then 55 on the weekly time-frame)
EGAL, Egypt, should go to 103Daily chart, the stock formed a descending triangle, and pennant chart patterns, and the target is 103
Technical indicators RSI and MACD are positive, confirming this uptrend view.
ACAMD has a potential to reach 1.82 after crossing 1.38Weekly chart, the stock is trading near a resistance zone, and is trying to cross 1.12-1.13
Above this level, the targets will be 1.28 and 1.38, then 1.68 extending to 1.82
AMOC to target 14.4 after crossing resistanceDaily chart, AMOC is trading in a descending channel, and it seems a chart pattern will be formed - a flag / inside a triangle.
After crossing the resistance (at 10.35 - 10.4), the target will be 12 and 12.6 , then some correction may happen at 12.6 before reaching the target 14.4
Stop loss below 9.6 to be considered.
