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TmghHello Dear Traders, Tmgh Important Levels on the chart (Jinny Gann square of 9 levels) Treat it as Support/Resistance . Main Up Trend-Line (Yellow Trend) Current Support 51.27 - 51.0 was Pivot/Resistance : 57 Down-Trend Channel Plotted on The chart. Cci levels -198 Indicating over Sold levels. Rsi is 39 Near Support "Near over sold" Usually around 30 Table in the Bottom left corner has some important Data . Updating old Chart by More levels and Jinny Gann Grid Wish you Best of luck Trading.
EGX:TMGH
by Magic_xD
Iron and Steel for mines and quarries: : A Promising Opportunity The stock exhibits several promising signals: -Relative Strength Index crosses 50 Moving Average Convergence Divergence crosses signal line Volume above Moving Average, except last day, over the 200-day Moving Average Touched the resistance level of 2.811 twice, forming a double bottom Factors to monitor: last day correction, it may test the 61.8% level at a stock price of 3 The stock price is at resistance, of the 50-day Moving Average It will encounter very strong resistance at 3.41
EGX:ISMQLong
by mnmabroukw36ix
Arabia Investments: A Promising Opportunity The stock exhibits several promising signals: - RSI has crossed the 50-line, indicating potential buying momentum - MACD has crossed its signal line, hinting at a bullish trend - Trading volume has surpassed the moving average, suggesting increased market activity - The stock has gained ground for 2 consecutive weeks, outperforming the 200-day moving average Market structure analysis reveals: - The stock has touched the 150% Fibonacci level twice, forming a double bottom pattern. Factors to monitor: - An upcoming stock split on May 24th - The stock is currently trading at a strong resistance level, with the 21-day moving average providing support - The stock is expected to face significant resistance at the 0.6 and 50-day moving average levels - A potential test of the 0.634 price could signal a very strong resistance zone
EGX:AIHLong
by mnmabroukw36ix
Arabia Investments: A Promising Opportunity The stock exhibits several promising signals: - RSI has crossed the 50-line, indicating potential buying momentum - MACD has crossed its signal line, hinting at a bullish trend - Trading volume has surpassed the moving average, suggesting increased market activity - The stock has gained ground for 2 consecutive weeks, outperforming the 200-day moving average Market structure analysis reveals: - The stock has touched the 150% Fibonacci level twice, forming a double bottom pattern. Factors to monitor: - An upcoming stock split on May 24th - The stock is currently trading at a strong resistance level, with the 21-day moving average providing support - The stock is expected to face significant resistance at the 0.6 and 50-day moving average levels - A potential test of the 0.634 price could signal a very strong resistance zone
EGX:AIHLong
by mnmabroukw36ix
EGX33: A Faith-Focused ApproachNavigating the Complexities of Sharia-Compliant Stock Trading: A Faith-Focused Approach The index is composed of 33 stocks: 17 from EGX30 and the remaining from EGX70EWI. Determining the correlation coefficient of the index is challenging as it's unclear whether it pertains more to EGX30 or EGX70EWI. Unfortunately, the EGX authorities haven't disclosed the weight of the components, the members of the sharia advisory board, or the sharia criteria for inclusion and the frequency of reviewing the sharia index to ensure the sustainability of its components. In the meantime, three brokerage firms have independently published their lists of sharia-compliant stocks. While these lists contradict each other, there are some areas of overlap. Notably, the EGX33 has added new sharia-compliant stocks that were excluded by the other three sharia lists. This has led to confusion regarding sharia-compliant stocks and sparked discussions about righteousness. Despite the complexities surrounding the indexes and various lists, the primary focus remains on trading sharia-compliant securities while adhering to personal faith.
EGX:ACGCEducation
by ICHIMOKUontheNILE
CCAP: negative trendThe CCAP analysis indicates a prevailing negative trend, with the stock price significantly below its moving averages and clear bearish signals from the MACD and RSI indices. Volumes are also notably down, reinforcing a lack of buying interest. However, there is a potential support zone around the 2.25 mark, which could provide some stability. For tomorrow, the outlook remains bearish unless there is a surprising influx of positive news or increased buying volume to support a reversal.
EGX:CCAPShort
by ICHIMOKUontheNILE
ORAS: Triangle Pattern Suggests Potential Breakout ORAS: Triangle Pattern Suggests Potential Breakout The chart reveals a symmetrical triangle pattern, signified by the converging trendlines. This pattern suggests a potential breakout, but the direction—upward or downward—is uncertain. The VPT indicator shows a potential positive divergence which might indicate an upcoming bullish move. However, the Efforts vs Results indicator shows mixed signals, suggesting caution. The fibonacci levels, particularly the 0.618 level, are critical as they can either act as a strong resistance or support. Monitoring volume and price action near pivotal Fibonacci levels and trendlines will be crucial to anticipate the next move. Conversely, a breakdown below the lower trendline might indicate a bearish continuation. Keep an eye on the price levels and volume for confirmation.
EGX:ORAS
by ICHIMOKUontheNILE