I see taking profit has arrived what do you see the idea is not to sell or buy or keep
simple as mentioned in title i feel EGX30 will correct soon it is good idea to reduce Whight and reentry level 28500 you know me this is not advice to buy or sell
For a considerable time, OFLI has maintained a level of 10.00 pounds. The company is projected to achieve remarkable revenue by the end of this year, and the material costs are now at a fair price, including milk powder and palm oil. The stock is not highly volatile, which suggests it could be suitable for medium-term traders. Consider buying around 10:00 or 9:80,...
I would buy ABUK around 58.30 targeting 60 then 62 the price is fair keeping in mind the Urea value drops globally and gas crisis in Egypt, but the company is still doing well the above is not advice to buy, keep or sell
with reach to 30,000 points the EGX 30 may need to take a break before the breaking 30,000 level. the trend momentum is not too much strong. for short traders in the markets profit taking and re-entry from lower edge of the uptrend channel for medium term hold the above is not advice for trading
with reference to RSI and resistance level 84 EGP is an overbought signal, even we are in uptrend I would say to CIB stock holder to reduce and out @ 84 the re entry level is 78 Buy only with 10% of your wallet @78 if price fall increase at 73 level note the recommendation for medium term only and swing treader with target 10% at 86 **this is not an advice to...
waiting for buying signal near 26300 then, while volumes is not good, so care is needed
ISPH has up potential Buy @2.8 with target 3.6 Do not buy more than 10% of your account medium term opportunity the above is not a buying advise
I would recommend entry point to be around 55 EGP and target is 70 EGP. TMGH will achieve significant revenue and net profit this year. may the have to adjust cash flow. do not trade above 10% of your account at price 55 if price fail we will buy at 50 EGP 10 % stop loss is below 47 EGP this is not advice to trade :)
in daily perspective we are in counter up trend will low momentum. with to strong resistance 77 and 80 the price in range between 70 minimum and max 84 EGP I would say buying level is 70 with target 82 if breaker 70 I will again buy at 65 level and hold recommendation no entry now waiting for 70 EGP if reach will buy 5-10% of my account if 70 level broken will...
Although breakout of 27000 level which is very good sign but the momentum still weak to reach 30000 level I believe we need to test 26000 level once again the recommendation to reduce position and hold for profit buy the dips and better wait
the price forming head and shoulder, if break above the 3.6 buy after testing 3.6 not more than 10% of account with target 4.00
this week a lot of holidays, mean low liquidity, so i do not recommend to open any trades as you may face spikes or creep movement or swaps moreover gold in fading uptrend, momentum indicate reversal signal so waiting for momentum otherwise uptrend break and sell
11715 is a key point that can be a support to push up the EGX30 toward 12400, if this level breaks we can see next support level 11400 and 11120 keep watching tomorrow if level resist you can go for long keep in mind that COMI (CIB bank) now may go down to 50 levels and this will give pressure on EGYX30
With drop on earning by 73%, I would expect that OSBC will drop to drown level on above chart advice to sell all open position and watch it out to new fallen level best luck to all