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With green engulfing candle i will buy Hello Traders, as we all know this company did a lot of achievements in the last 2 years in the contracting and development projects with no noticeable price move, i can see increasing in the volume and change in the way the price move which indicates some buying purchasing power at the back keeps holding the price from going down and trying to push it higher,if you want to play it safe wait the break over 4 pounds and granted you will see the 8 pounds again so i will pay it very carefully i like to dca i will enter 40% now and see how it go next week and after the break will add another 30 and with the correction another 30
EGX:ZMIDLong
by TONYMONTANA87
NEDA Egypt should target 3.65 then 4.25Daily chart, the stock EGX:NEDA formed a pennant chart pattern and is forming another smaller pattern. I am expecting some minor correction and consolidation around 3.10 Then, a bullish movement towards the resistance line R, at around 3.64 - 3.67 Stabilizing for 2 days above 3.70, will push the price to the next target 4.25 Note the resistance levels at 3.27, 3.44 , 3.56 (Closing below 3.10 for 2 days should be considered a near stop loss level)
EGX:NEDALong
by snour
MHOT Bullish Breakout – Targeting 33/36/39.9 EGP After Range EscMHOT (EGX) just confirmed a breakout above a long-standing sideways range near 29.5 EGP, supported by increasing bullish momentum across multiple indicators. 📈 Ichimoku Cloud: Price is clearly above the cloud on both daily and weekly charts — signaling strong trend structure. 💪 MACD + SQZMOM: Both confirm momentum acceleration and possible trend ignition. 📊 Stochastic RSI + RSI: Still have room for upside without being overextended. 🎯 Trade Plan: Entry 1: 30.50 EGP Entry 2: 29.40 EGP (support retest) TP1: 33.00 EGP TP2: 36.00 EGP TP3: 39.90 EGP Stop: 27.70 EGP ⏳ This setup favors swing traders looking to ride a multi-week move toward previous highs, with a risk-reward ratio up to 3.5. 🚨 As always, use proper position sizing and risk management.
EGX:MHOTLong
by Desvader
MBEG Set to Soar: Poised for a Historic Rally Back to EGP 118% Here’s a **bullish publication idea** for **M.B. Engineering (EGX: MBEG)**, focusing on its potential rally to **EGP 118**, retesting its **2008 highs**: --- # **MBEG Set to Soar: Poised for a Historic Rally Back to EGP 3! 🚀🔥** M.B. Engineering (EGX: MBEG) is showing strong signs of a **major breakout**, with technical and historical indicators aligning for a potential rally back to its **2008 high of EGP3**. ## **Key Bullish Signals:** ✅ **Historical Resistance Turned Support** MBEG previously hit **EGP 3 in 2008**, marking a significant level of interest. As the stock consolidates, it appears poised to **retest this critical level**, potentially signaling a new uptrend. ✅ **Volume and Momentum Increasing** A rise in **trading volume** and **buy-side demand** suggests growing investor confidence, setting the stage for a potential surge. ✅ **Technical Breakout Incoming** - If MBEG **breaks above recent resistance**, it could trigger a **parabolic move**. - Watch for a clean breakout above **near-term resistance**, which could **confirm the trend reversal**. ✅ **Egypt’s Market Recovery & Sector Growth** With **Egypt’s economic reforms** and increased **construction/infrastructure investments**, MBEG is well-positioned to benefit from **higher demand and sector expansion**. ## **Final Thought:** If MBEG maintains its **upward momentum**, a retest of **EGP 118%** is **not out of reach**. Smart investors are keeping a close eye—**don’t miss the move!** 🚀📈 *What’s your price target for MBEG? Drop your thoughts below!* ⬇️💬 --- Would you like to add any **charts, technical indicators, or market news** to strengthen this publication? 🚀Clear Divergence on the 4H time frame with increasing volume
EGX:UEGC
by TONYMONTANA87
AIH stockUfff, What a chart man. This stock was in a downtrend for over 7 years. Then for a whole year is in this triangle as its accumulate. And so far it didnt take the liquidity @0.668, it did make an attempt, but failed. Then it will try again in the coming period. I think to trade this one we should be patient as hell, as a one year accumulation, will definitely be followed by a manipulation then to the intended direction. When i say manipulation is the one as you see on 9, 10 of April. For now i would take short trades between the triangle upper and lower legs. If the price breaks below 0.45, and closes below it, then we are testing the trendlines below, if it breaks above 0.55, then we will move higher to 0.668. Do your own research. This is only a TA, NEWS is very important to be tracked alongside the TA.
EGX:AIH
by lojjkkjvvv
ABUK Short This stock is a short term bearish until 42.4 or if i dives dipper to 36.11 EGP. But more than likely it will stop at 42.4 EGP then full reversal should be in play. The 80% likely scenario is the price further retraces and reverse. But if good news comes around and the price fully closes above 62 EGp, then wait for any retracement to 62 again and go long. Also iam very convinced that this is a short play in hands, the price didnt make a lower lows yet and stalls at this support level, so it really depends on the news and its correlation to price action and how the stock will respond to it. DYOR and check the news daily if you to take any trade since one negative or positive news that happens suddenly could change the whole setup.
EGX:ABUK
by lojjkkjvvv
TMG Holding Fundamental and Chart AnalysisTMG Holding trend has recently taken an upward trend between the support line 46.873 and the resistance line 54.511, up by 0.78%. It is expected to keep rising till breaking the 1st resistance line at 54.115 and then the 2nd one at 54.423 points because of positive fundamental analysis. On one hand, the CBE's decision about cutting the interest rate by 2.25% would lead to positive impact on corporates because of the current reasons behind the economic activity, decreasing interest rate will lead to a decrease in the cost of borrowing, which will decrease the cost of production and will increase the corporates' profit and their monetary value. Accordingly, this will lower the products' price and individuals will have a higher will to diversify their investments and increase their purchasing power. On the other hand, besides the current annual advertisements about SouthMed and the summer getting closer, there is news on Reuters about an advanced stage of negotiations for a new large-scale mixed-use project in Iraq. This project is estimated to generate total sales vicinity of $17 Billion and annual recurring income exceeding $1.5 Billion.
EGX:TMGH
by RowaynaAhmed
Beltone Holding (EGX) on the 2-day timeframe**, showing a potent ### **Key Observations:** 1. **Falling Wedge Formation (Bullish Pattern)** - The stock is trading inside a **falling wedge**, which is a bullish reversal pattern. - A breakout above the upper trendline could trigger **strong upside movement**. 2. **Volume Profile Analysis** - There is strong **buying interest around 2.2 EGP**, where **high trading volume** is concentrated. - If the price breaks out, there is **low resistance until 3.23 - 3.92 EGP**, meaning **a rapid move upward is possible**. 3. **Target Levels** - **First Target:** **3.23 EGP** (key resistance zone). - **Second Target:** **3.92 - 4.48 EGP** (strong supply zone). - **Final Target:** **4.83 EGP** (major resistance from historical highs). 4. **Stop-Loss & Risk Management** - **Stop-Loss:** Below **1.99 - 1.92 EGP**, where strong support is present. - **Risk-to-Reward Ratio:** **Highly favorable**, indicating good profit potential. 5. **Confirmation of Bullish Breakout** - A **break and close above 2.62 - 2.70 EGP** with strong volume would confirm the breakout. - RSI and MACD indicators (not shown) could help validate the momentum shift. --- ### **Trade Plan (Bullish Setup)** - **Entry Zone:** **2.20 - 2.62 EGP** (buy near breakout level). - **Stop-Loss:** **Below 1.92 EGP** (if breakdown occurs). - **Take Profit Levels:** - **TP1:** 3.23 EGP - **TP2:** 3.92 EGP - **TP3:** 4.83 EGP 💡 **If the price breaks out with high volume, this trade has significant upside potential.**
EGX:BTFHLong
by TONYMONTANA87
ORAS Stock Fundamental AnalysisORAS trend was neutral between the support line 266.851 and the resistance line 291.935, the trend was down by 0.14%. The stock rose, and broke the first support line to reach the second support line 267.905, then the third support line 268.432. It's expected to keep rising till reaching the resistance line 290.144, then 290.671, because of the CBE's decision about cutting the interest rate by 2.25% which will have a positive impact on corporates because according to the current reasons behind the economic activity decreasing interest rate will lead to decreasing the cost of borrowing which will decrease the cost of production and will increase the corporates' profit and their monetary value. On the other side, this will decrease the products' price and individuals will have a higher will to diversify their investment beside increasing their purchasing power as well.
EGX:ORAS
by RowaynaAhmed
El Sewedy Electric Stock Trend AnalysisEl Sewedy Electric stock trend rose last period from the support line 78.287 to the resistance line 88.149, then rebounded to reach the support line 78.65, so the general trend was down by 0.24%. The stock rose, and broke the first support line 78.65 to reach the second support line 78.7574, then the third support line 78.858. On the other hand, when the stock rebounded, it broke the first resistance line 88.045 to reach the second resistance line 86.073, then the third resistance line 85.554
EGX:SWDY
by RowaynaAhmed
breakout above resistance** can signal strong upside potential. #### **1️⃣ Chart Pattern & Breakout Potential** - The stock is forming a **descending triangle**, which is often bearish, but **a breakout above resistance** can signal strong upside potential. - The price is consolidating near **24.23 EGP**, close to a breakout point. - If the price **breaks above 25.08 EGP**, it could trigger a strong rally. #### **2️⃣ Key Levels to Watch** - **Immediate Resistance:** - **24.77 EGP** → Break above this = first bullish confirmation - **25.08 EGP** → Major breakout level 🚀 - **Support Levels:** - **24.00 EGP** (bulls need to defend this) - **18.66 EGP** (worst-case scenario) #### **3️⃣ Indicators Supporting a Bullish View** ✅ **RSI (45.91)** → Near 50, if it crosses **above 50-55**, bullish momentum increases. ✅ **MACD** → Although slightly bearish, a **bullish crossover** could confirm the breakout. ✅ **Volume (5.19M)** → A **spike in volume** will validate an upward move. #### **4️⃣ Bullish Targets 🚀** - **📍 First Target:** **27.00 - 28.00 EGP** - **📍 Second Target:** **30.00 - 32.00 EGP** - **📍 Ultimate Target:** **36.00 EGP** (if strong momentum follows) #### **5️⃣ Ideal Bullish Trade Setup 🎯** - **Entry:** On breakout above **25.08 EGP** (with strong volume). - **Stop-Loss:** Below **24.00 EGP** (to protect downside risk). - **Take Profit:** Gradually at **27.00 - 30.00 EGP**. - **Confirmation:** Watch for RSI moving above 50 and MACD crossing bullish. --- ### **🔹 Final Thoughts** - **If ORWE breaks above 25.08 EGP, the next stop is 27-30 EGP.** - **Watch volume closely! A big move needs strong buying pressure.** - **Bulls should hold as long as 24.00 EGP support holds.** 🚀 **If volume confirms, this could be a strong breakout trade!**
EGX:ORWELong
by TONYMONTANA87
ICDI - save your profits and capital#ICDI timeframe 4 hours and also 2 hours Created a bearish Gartley pattern Sell point around 3.72 ( prices now is 3.74 ) Stop loss / reentry 3.80 (estimated loss -2.00%) First target at 3.53 (estimated profit 4.87%) Second target 3.80 (estimated profit up to 9.24%) Third target 3.20 (estimated profit up to 13.90%) NOTE: this data according to timeframe 4 hours and also 2 hours. It's 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.
EGX:ICIDShort
by tfcgeorge