heshamahli

heshamahli

Due to an engulfing pattern and completion of 5 wave impulsive Elliott wave pattern, I expect First Solar to correct to price levels below in black from where I expect it to rally to new all time high as shown as black price levels

heshamahli

Due to completed 5 impulsive waves I expect a correction for the index. Red levels are very important. Black levels are related to Gann square of 9.

heshamahli

Due to a morning star candle pattern and completion of 5 wave impulsive Elliott wave pattern, I expect NVDA to correct to price levels below in black from where I expect it to rally to new all time high

heshamahli

Due to a piercing candle pattern and completion of 5 wave impulsive Elliott wave pattern, I expect Microsoft to correct to price levels below in black from where I expect it to rally to new all time high

heshamahli

Due to an engulfing candle pattern and completion of 5 wave impulsive Elliott wave pattern, I expect Meta Platforms to correct to price levels below in black from where I expect it to rally to new all time high

heshamahli

Due to a piercing candle pattern and completion of 5 wave impulsive Elliott wave pattern, I expect Google to correct to price levels below in black from where I expect it to rally to new all time high

heshamahli

Due to a piercing candle pattern and completion of 5 wave impulsive Elliott wave pattern, I expect Amazon to correct to price levels below in black from where I expect it to rally to new all time high.

heshamahli

Due to an engulfing pattern and completion of 5 wave impulsive Elliott wave pattern, I expect Apple to correct to price levels below in black from where I expect it to rally to new all time high.

heshamahli Updated 

Projection based on Elliott wave theory, support and resistance as well as supply and demand. Buy area is 14,3-15,7 with right price action on daily and weekly with target above all time high.

heshamahli

Mahara seem was in a corrective pattern since IPO and looks to be forming the first 5 five impulse. I expect it to make one more up wave or decline from current prices to where it would correct lower to present a buying opportunity as indicated in the red box. Targets are the resistance lines above.

heshamahli

As shown in the chart, five waves impulsive has ended but it seems the subdivision of the 3 wave correction is missing one more wave down till 139.8 to finish the fifth wave of C leg of a zigzag. The targets are shown as a resistance lines.

heshamahli

After an impulsive move upwards, I expect a correction and the another impulsive moveto take out the previous high out. Fundamentally banks are going to benefit from higher interest rate as well as financing projects and individual investments in business ventures.

heshamahli

After advancing in an impulsive five waves up, I still see another wave down below early December low in 2022 to complete a 3 wave zigzag.

heshamahli

After finishing five waves up and correcting 3 waves down I expect an impulse of five wave up to a new high lead by consumption of airline fuel and construction machinary.

heshamahli

Due to the introduction of new airline and the influx of people related to all mega projects for Vision 2030, I expect a rise in sales of airline tickets

heshamahli

Due to the introduction of new airline and the influx of people related to all mega projects for Vision 2030, I expect a rise in sales of catering products.

heshamahli

This is my outlook for the stock into 2027-2029 based upon the projects KSA vision 2030.

heshamahli

Alibaba is potentially in the process of making a head and shoulder patten. Break of neckline should be with heavy volume to be successful.