Technical Analysis for intraday 5/2/24 Correction & Plateau; KUMo formation is very thin. conservative outlook with 2% gain. volume 5M below average 8M Overall COMI is still uptrending, and trading above trend mid point.
The Jungle Battle: Bulls vs. Bears in the EGX30 In the wild jungle of the EGX30, the bulls and bears are in a fierce fight for dominance. Today, the local institutions and local Egyptians were the main driving force behind the bearish market. Unfortunately, there are no certainties in this untamed market, only the struggle between the bulls and the bears. The...
Beneath the gaze of King Tut, the victorious pharaoh, the destiny of TMGH's stock unravels like an ancient prophecy. Currently priced at EGP 51.80, the stock finds itself ensnared in a downward trend, yet whispers of potential reversal echo through the markets. Much like Tutankhamun reclaiming his throne, TMGH teeters on the brink of resurgence. The 24-day and...
5 minutes Analysis is based on Ichimoku, and Elliot waves. Confirmation is done by other indicators such as MACD, stochastic RSI, OBV, and RedK Everex. Watch the video idea to have the full picture of the stock under analysis.
Weekly Review Egyptian Stock Market, EGX30 & EGX70EW, based on Ichimoku Kinko Hyo, and other indicators. COMI ISPH ABUK MFPC SKPC
analysis : MFPC-ABUK-SKPC-RAYA Timeframe: 5 MINUTES OUTLOOK Technical indicators : 1-VWAP 2-ELLIOT WAVES 3-ICHIMOKU
The demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE. Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
The demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE. Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
Seizing intraday opportunity based on Smart Money Integrated with Ichimoku Kinko Hyo + FVG. The narrative is channeled toward Arabic speakers trading in CASE. Disclaimer: My analysis is not an investment proposal; Please consult your Investment Advisor and/or your Wealth Manager for your investment decisions.
Misr Fertilizers Production Co SAE (MFPC) weekly review is based on Ichimoku Kinko Hyo, and Haikin Ashi. The narration is in Arabic language & channeled toward Arabic Speaking EGX traders. Thank you.
Alexandria Containers and goods CASE:ALCN Egypt / Industrials / Transportation Infrastructure The review is based on Ichimoku Kinko Hyo, and Haikin Ashi. The narration is in Arabic language & channeled toward Arabic Speaking EGX traders. Thank you.
Buyers have returned to the S&P500 with a bounce off the top of the Ichimoku cloud.
EGX30 Technical Analysis and Trading Recommendations for Short Term & Medium-Term Traders: Analysis Summary: - The EGX30 index has shown three consecutive green Heikin Ashi candles with long wicks indicating potential bullish momentum. - The index is currently below the Kumo cloud, with the Chikou Span pointing upwards, suggesting further upward potential. - A...
Market Analysis: XAUUSD and EGX30 Performance amid Liquidity Concerns, Corridor Rate Speculations, and Geopolitical Influences Recent market observations indicate that the XAUUSD (Gold/USD) is experiencing a significant upward trend, potentially reaching new record highs. Conversely, the EGX30 index, whether evaluated in Egyptian Pounds (EGP) or USD, is currently...
The Dramatic Showdown: CCAP Bulls Unleashed! Will the Bears Survive the Onslaught? Picture this: CCAP, the star of our daily drama, still dances below the menacing red line. Enter Chikou span, the hero of our story, soaring through the sky like a superhero ready to save the day with a 15% uptrend twist. And oh, the Price ATR and Volume ATR? They're in the...
Positive outlook on intraday trading on a five minute time frame, Green KUMO formation + she Chikou span upward above of the TKK Cross. Positive outlook for intraday, RRR 5/1
Australia celebrated their first current account surplus with unchanged interest rate at 1%... for now Today Australia released their current account surplus at 5.9B versus the previous fact -1.1B which is well ahead of the expectations, thanks to higher prices for export on Australia’s key resources like iron ore and coal. Retail sales on the other hand were...