11-2-2024 started positive, the 2nd H the market relaxed. this lead to intraday consolidation & correction. Opportunity is confirmed. Intraday Targets: 6.09, 6.19, 6.25, 6.28. Support zones: 4.84, 5.92, 5.98.
1H timeframe Target to continue the outbreak 28,411 - 28,785, and final destination 29,688. If $ parralel rate drops excpect to reach 27,925 Points (1.69%)
CIB ending correction with one green Bar on a daily timeframe. Target setting on 1 hour timeframe Market entry on 5 minutes timeframe Suggested Buy position @ 79 EGP Stop Loss @ 78 EGP Take profit @ 84.5EGP Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or...
Intraday Target 11.20, 11.30, 11.40 EGP Equilibrium Point is the recommended purchase price
COMI, MFPC, ABUK, ALCN, AMOC, SKPC, BINV, EGCH, & sugar are the main drivers for the fall. Traders' sentiment is to trade in strong balance sheets with solid fixed assets as well as avoiding trading in MYX:REVENUE stocks. EGX30 is heading toward 26,600 points to end this correction or the correction will end as soon as FLOATING the EGP.
9 recommended stocks for intraday trading based on 5 minutes timeframe. you can challenge my analysis, and open to correct it good luck
Complete analysis on 1D, 1-4 Hours, 30 min, 15 min, and 5 minutes timeframes. Downtrending and heading to reach 48EGP. USD/EGPp is downtrending as well.
positive outlook after correction. confirmation after on complete candlestick on 15 minutes timeframe and/or 2 COMPLETE candlesticks on 5 minutes timeframe crossing 0.547 EGP +++++ CHIKOU span MUST BE ABOVE THE TRADING CANDLESTICKS TARGET 0.576EGP
intraday 5minutes framework ... trading below RED KUMO, TK on top of each other ,,, waiting for Bull TK Cross to achieve 43.5EGP target
trading in the green kumo, chikou is facing down, and red kumo formation means irrational decison. hold your horses .. other opportunities exists in the healthcare sector
minor correction in the short-term still positive outlook .. mid-term & long-term uptrending can increase position size by buying @FVG levels.
positive outlook on all terms. targeting 3.55 then 3.7 EGP
super trending, Target levels 55 & 47EGP consecutively
minor correction in the short-term still positive outlook .. mid-term & long-term uptrending can increase position size by buying @FVG levels.
minor correction in the short-term still positive outlook .. mid-term & long-term uptrending can increase position size by buying @FVG levels.
in Correction Phase ... short erm still uptrending for mid-term & long-term investors
5 minutes framework (intraday) positive outook. Kumo Twist formation + Chikou Span upward & higher than TK Targets, 10.5 & 10.79 EGP
Green Kumo formation on 5 timeframe, TK Cross 13:50 ... FVG is on the corner. Positive uptrend, Purchase point 81.5-82, target 83.9 EGP The key success factor for this idea is the maintaining USD EGP parallel market rate above 65EGP