Support around 8 L.E Resistance zone 8.95 : 9.1 L.E Breaking resistance zone will lead to 10.9 L.E Breaking Support zone will lead to 7.0 L.E Dr. Tarek Gadallah
NR7 appears which indicate accumulation Double bottom in constructing phase, confirmation by breaking1.9 L.E Dr. Tarek Gadallah
EGTS now construct 3 valleys first target 1.78 L.E Breaking 1.78 L.E will lead to at least 2.18 L.E
Looking at the support line @ 0.85 L.E The trend went uptrend to reach 1.35 L.E in 15 Bars Strong Buyer Then the stock went down from 1.35 L.E to retest the support line @ 0.85 L.E in 85 bars weak selling pressure This reaction show accumulation unless the support line @ 0.85 L.E still valid first resistance @ 1.34 L.E Dr. Tarek Gadallah
Support @ 0.8 L.E Resistance @ 0.955 L.E Breaking it will lead to 1.279 L.E then 1.68 L.E Dr. Tarek Gadallah
Support @ 2.52 L.E Resistance 4.5 L.E Breaking it will lead to 6.8 L.E Dr. Tarek Gadallah
Support area 2.14 to 2.2 Positive diverge observed resistance 2.36 L.E Target 2.56 L.E & 2.8 L.E Dr. Tarek Gadallah
EGX 30 expected rebound around the 11000 point +/- 50 point
Dice Sport and Casual Wear "DSCW" reach major support point yesterday a probable rebound for the stock from this point , same probability for rebound from 11000 point for EGX 30
EGTS almost complete sufficient sideway move enough to give the stock required strength to reach 2.5 L.E TARGET
The analysis of long term chart show the following targets 1.5 L.E then 1.8 L.E then 2.1 L.E then 2.7 L.E Breaking 2.7 L.E lead to new Target @ 5.2 L.E Dr. Tarek Gadallah
The export development Bank has a very nice chart on Monthly basis The long term target @ 30 L.E To achieve this target the stock shall overcome the resistances @ 15 L.E , 17.4 L.E and 20.95 L.E Dr. Tarek Gadallah
Stock today gave an attention signal to traders Confirm breaking 3.22 L.E will indicate an uptrend Targets First Target (3.95 L.E) Second Target (5.3 L.E) Third Target 6 L.E
A short term chart (Hourly) show the Followings :- * Support 1.38 L.E * Target 1.65 L.E Dr. Tarek Gadallah
PHDC start final accumulation phase It is expected to hit the bottom of the collection region starting from 1.22 L.E before start bullish phase towards 2.3 L.E in the medium term
Golden Coast construct shark 32 in weekly chart to clarify short term trading areas Resistance 1.486 L.E , breaking it lead to 1.79 L.E Support 1.2 L.E , breaking it lead to 0.888 L.E Dr. Tarek Gadallah
ISPH in Egyptian stock market has amazing chart full of shark 32 The chart show SHARK 32 four times in 20 session based on daily frames. the first two are combined in 4 bars followed by two single SHARK 32 This is an ideal chart for people that need to learn trading based on SHARK 32 Dr. Tarek Gadallah