TarekGadallah

TarekGadallah

EGX70 rebounded in the last session Most probably 2290 is a short term bottom A sideway move is expected in the next few sessions between 2290 and 2805 Dr. Tarek Gadallah

TarekGadallah

Support @ the rebound point 2290 Resistance @ 2805 The movement next week could be side movement between support @ resistance Re-test 2290 again and rebound confirm market bottom Breaking 2290 means that, the correction didn't complete. On the other hand , breaking 2805 within few weeks can change the trend to up-trend. Dr. Tarek Gadallah

TarekGadallah Updated 

According to Egyptian index charts This is a smart time to change your stocks from EGX70 to EGX 30 Dr. Tarek Gadallah

TarekGadallah Updated 

EGX 70 near from its moving target "Black line" 3040 to 3060 Strong correction expected in this area.

TarekGadallah Updated 

A wide support area start from 2400 to 2230 Expected rebound from this area Dr. Tarek Gadallah

TarekGadallah

EGX 70 wide support area from 2400 to 2230 change the trend to uptrend by breaking 2805 Between this a sideway move may be occurs Dr. Tarek Gadallah

TarekGadallah

EGX 70 now construct a higher low Breaking 2805 will change the trend to uptrend Dr. Tarek Gadallah

TarekGadallah

if the stock confirm a rebound from false break That mean the stock change the behavior to uptrend.

TarekGadallah

In case of confirm breaking 6.2 L.E Resistances will be 6.6 L.E , 7.5 L.E and 8.5 L.E TARGET 9.5 L.E Dr. Tarek Gadallah

TarekGadallah Updated 

Breaking 10.0 L.E most probably , the stock target 7.3 L.E

TarekGadallah

The accumulation appears in the strong uptrend (9 bar) --> Green color While the downtrend take (213 bar ) ---> Red color Dr. Tarek Gadallah

TarekGadallah

In one hour chart Inverse Head & Shoulders in constructing phase Confirmation by breaking 1.366 L.E Target 1.53 L.E Dr. Tarek Gadallah

TarekGadallah

CUP & handle Resistance 4.33 L.E Target 6.3 L.E Dr. Tarek Gadallah

TarekGadallah

ISPH in case of breaking 4.2 L.E will change the trend to uptrend Resistance 5 L.E then 5.7 L.E Dr. Tarek Gadallah

TarekGadallah Updated 

Based on monthly chart an inverse H & S is now in construction phase "complete the pattern by breaking 11.5 L.E" in case of breaking 11.5 L.E --> Target will be 19 L.E Dr. Tarek Gadallah

TarekGadallah

Based on Monthly Chart Support @ 2.7 L.E , then 2.3 L.E Resistance 3.4 L.E Target 6.1 L.E

TarekGadallah Updated 

NR7 appears on daily range, this is a famous type of accumulation Probable rebound in short term Dr. Tarek Gadallah

TarekGadallah

Golden Coast in constructing phase of inverse Head and shoulders (Hourly range) Completing this shape will change the status of the stock to bullish Target 1.8 L.E the 2.5 L.E Dr. Tarek Gadallah