#ATQA - Egyptian stock#ATQA timeframe 1 hour
Created a bearish Gartley pattern
Sell point around 10.00
Stop loss / reentry 10.20 (estimated loss -1.65%)
First target at 9.60 (estimated profit 4.20%)
Second target 9.25 (estimated profit up to 7.70%)
NOTE: this data according to timeframe 1 hour.
NOTE: stock remains positive for long term.
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.
ATQA trade ideas
#ATQA - Egyptian stock#ATQA timeframe 1 hour
Created a bearish Gartley pattern
Sell point around 10.00
Stop loss / reentry 10.20 (estimated loss -1.65%)
First target at 9.60 (estimated profit 4.20%)
Second target 9.25 (estimated profit up to 7.70%)
NOTE: this data according to timeframe 1 hour.
NOTE: stock remains positive for long term.
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.
Ataka stock forecastThe price is moving in a price channel and touching the lower edge of the channel more than once. An upward movement has started to appear since 8/25 with a clear movement from level 3.5 to level 4.5.
The price moved up with high positive trading volumes, reaching a unique level in its history of 5.86, approaching the top of the price channel, the highest point of which is approximately 6.45
summary
If the correction continues, the stock will fall to 4.85, and if it is broken, it will fall to the next level, 4.55. This is a somewhat unlikely scenario.
It is likely that after the correction wave ends with positive liquidity entering the stock, it will reach the 5.83 level and break through it. This is likely in the event of positive news after the Ezz Steel stock session during the current month of January.
Beware of breaking the 4.5 level.
Technical indicators indicate an expected rise, so it is preferable to buy after the next session or two until we see the end of the correction wave.
Good luck everyone
#ATQA Egyptian stock#ATQA time frame 1 hour
after achieved targets of bullish gartley there is anther pattern was created as follow :
created a bearish Gartley pattern
sell point at 5.50
stop loss / rebuy 5.55
first target at 5.35
second target 5.25
NOTE : this data according to time frame 1 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
#ATQA Egyptian stock#ATQA time frame 15m
created a bullish Gartley pattern
entry level at 5.15 to 5.18
stop loss 5.14
first target at 5.35
second target 5.45
MACD indicator show positive diversion , may that is support our idea.
NOTE : this data according to time frame 15m
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