ASCM is showing a positive signal to go uptrend on the weekly chart First target 16.75 after crossing up 16.75, the stock will target 20, 25 The (red) moving Stop Loss Line should be monitored and considered.
AIFI is showing a high potential to jump soon to 0.39 On the 4-hour chart, the crossing up of the triangle pattern and the RSI technical indicator are supporting this idea.. The red line is the stop loss to be noted.
FORD , NYSE, on the 30-min chart is showing a positive signal for rebound to 11.95, and then target 12.1 soon. RSI technical indicator is in the buy area The red Stop Loss line (support line) should be considered.
ABUK, EGX, on 1-hour chart: To test support level 43 - 42 before rebounding to 48. By crossing 48, the next target will be 53 Stop loss at 42 - 40 should be considered, as the stock has over-bought signals in the long term.
On 30-min chart, MPCO , EGX, is trading in a channel, until crossing up and targeting 0.89, then next target 0.92 Technical indicators RSI and MACD are showing higher possibility for going up. Stop loss at the lower channel line (around 0.82) should be considered. It is a volatile stock.
GGCC has been accumulating for 91 weeks, and finally crossed the upper line of channel. On the weekly chart, the targets are 0.56, 0.63 then 0.82 Technical indicators RSI, MACD are positive for the uptrend. Stop loss: 0.37 - (0.36 with higher risk)
On the daily chart, the stock COMI is trading in a channel, with a support level 47, and the target is 58.5 after crossing 53. RSI and MACD techn. indicators are positive for uptrend. A re-test at 51 - 51.5 is OK, before crossing up. Stop loss should be considered.
GBCO (AUTO formerly), EGX, on 30-min chart has a support at 5.30 crossing 5.5 will lead to target 5.95, with sub-targets 5.7, 5.80. Crossing 5.95 will target 7
NATGAS On the 30-min chart, there is 2.70 then 2.76 More targets after crossing 2.76 up to 3.2 , 3.5 in a few weeks Technical indicators RSI and MACD are positive for the up trend.
Saudi Cement 3030 15-min chart RSI technical indicator target up 60.0, 60.2, 60.5 stop loss 59.3
ATLC, on the 30-min chart, there are positive indicators RSI and MACD for reaching 4.08 Crossing the resistance level of 4.11 will push the stock to target 4.40 The stop loss level should be considered.
HRHO, is going to high over-sold area, and the technical indicators are telling the stock is targeting 16.6 then 16.8 soon. This is a 30-min chart technical analysis. Stop-loss at 15.60 should be considered for this time frame reference. On the bigger time frame, I have a forecast for 20% up in 2 months.
BTFH, on the 15-min chart has positive technical indicators to cross 3.18, then 3.24 The stock is targeting 3.68 on daily timeframe. Note this stock is volatile and your profit protection and stop loss levels should be considered.
CAT (Caterpillar), On the daily chart, the technical indicators show a high probability for the stock to test the support level 220. Then the stock will rebound to 250, and target 265. Short-term stop loss to be considered at 200
EGCH, Egypt One the weekly chart, a technical pattern flag was formed, and the target is 11.3 Once we cross up this level, the stock should target 15.5 This is a medium term view in few months. Profit protection should be considered.
On the daily chart, EUR/USD is most probably testing 1.07, the rebound to 1.08 and 1.11. Stop loss below 1.07, or the ascending red line.
On the 30-minute chart, ORWE is showing a short term rebound.. Above 16.24 to target 16.4 soon. Breakingout 16.4 level, the stock will target 17.2, 17.5 in few days.
TASI Saudi Tadawul Index On the daily chart, having a resistance level as technical indicator RSI is being overbought, and applying Fibonacci retracement, the index is likely to correct either 23% (11550) or 38% (11460), then rebound. The next up wave will be begin after crossing up 11750, to target 12100 Note: The weekly and monthly charts are showing positive...