NEXT MARKET MOVE UP TO 2023NEXT MARKET MOVE UP TO 2023
At the bold black line, a major area,
At the orange line, a sub area
WE CAN UPDATE AFTER BROKEN
TMGH trade ideas
chart show how TMGH is identical with EGX 30 index the idea showing regardless TMGH is financially strong, its stock shall follow the market index
buy TMGH at 5.10TMGH is now on bearish down trend, meanwhile the reversal could be soon around 5.10 LE
just set back and watch it for reversal signal
TMGH 20% Profit Trade < 1 Month
Stable stock, Low ATR, Currently below 30 in stochastich
Low volume though, Need a confirmation candle
Entry Price ~ 6.6
Stop loss at EGP 6.3-6.4
Risking 5% of The trade value to gain 20% profit
Risk to reward: 1:4
