Daiy chart, the stock formed chart patterns (Cup & handle - Rising Triangle) and the target will be 1.30 passing through 1.13 and 1.21 resistance levels. Stabilizing above 1.14 the target 1.60 will be activated. Technical indicator MACD is positive, while RSI is in over-bought zone; some minor correction may happen before resuming uptrend and crossing next...
AMOC Egypt has a good trDaily chart The stock EGX:AMOC is trading in a channel between lines R and S, so the opportunity to buy near support S and sell near resistance line R (at around 8.9) Technical indicators RSI and MACD are supporting the bullish view. Closing above 9.0 for 3 days, the target will be 10.5 Closing above 10.9 for 2 weeks, the target will...
Daily chart The stock EGX:AMOC is trading in a channel between lines R and S, so the opportunity to buy near support S and sell near resistance line R (at around 8.9) Technical indicators RSI and MACD are supporting the bullish view. Closing above 9.0 for 3 days, the target will be 10.5 Closing above 10.9 for 2 weeks, the target will be 12 Below line S is...
1-hour chart The stock EGX:ORAS completed a flag chart pattern (lines S1 and S2) and is re-testing a support level at 301.25 Technical indicators RSI and MACD are showing a correction is soon Next support is line S1 (at around 294.5) - Closing below this level, the next support will be S2 (around 272) Trading above 308 for 2 hours, the target will be 325,...
Daily chart The stock is trading in a rising channel - the price is heading towards the upper line (Resistance line R). Next resistance levels will be 8.7, 9.1 then 9.4 The technical indicators RSI and MACD are supporting the positive view. Consider a stop loss below the line SL. Currently, below 8.0
Daily chart, the stock EGX:ECAP is drawing a symmetrical triangle, between the Resistance line R and Support line S. Closing above R for 2 days (above 24 for more safety), the price will target 31.6 passing through the shown resistance levels. Stop loss is below S, and can be below SL line at 21 (one day, with low volume) Below SL line, the price may fall...
Daily chart, the stock EGX:ARCC is trading in a descending channel, and a long flag chart pattern may be completed. After crossing the Resistance line R, the target will be 12. Closing above 11.3 for 2 days, the target will be 14 extending to 14.5 A new buy entry should be safer above 11.5 with the stop loss below 11.1 For an immediate entry, the Stop...
Daily chart, the stock EGX:ENGC is forming a rising channel. The last candlestick can be considered as signal for a positive movement. The expected target is 27.0 at the resistance line R, passing through resistance zones 24.4 and 26.0 Consider a stop loss below 22.0
Daily chart The stock is trading in a broadening pattern (mainly between lines R and S); and the next level is 25.6 Above this resistance , the next targets will be 27.3, 28.0 and 29.2 The technical indicators RSI and MACD are supporting this view. Consider the stop loss below 22.6 - And raise the protection level as the price goes up.
Daily chart The stock NASDAQ:AVGO is drawing a double bottom chart pattern between the lines Resistance R and Support S. The price may re-test the support line S1, then rebound to hit the Resistance line R. Trading above line R (at around 187) for 2 days, the target will be 241 Technical indicator RSI is supporting this bullish scenario. Consider the Stop...
Daily chart, the stock EGX:FAITA is trading in a falling channel, inside a descending triangle. By closing above Resistance line R (around 0.992) for 2 days, the target will be 1.025 The next weekly target will be 1.06 then 1.15 The next monthly targets will be 1.22, 1.26 extended to 1.55 (long term) Note: Consider a near stop loss and raise it as the stock...
Daily chart, the stock EGX:OLFI is preparing to beat the resistance line R and breakout. Closing above resistance line R for 2 days (above 16), the target will be 19, then 23 Technical indicator MACD is positive, and RSI is near over-bought (so some minor correction may happen around the breakout level. Consider stop loss below the line S or below 14.1
Weekly chart, the stock NYSE:BABA is trading in a symmetrical triangle, and is heading down to the support level. I think the 100 or 89 levels will be strong enough to reverse the direction; to hit the resistance line R at around 117. Closing above R for 2 weeks (above 118), the target will be 184, passing through the resistance levels 138 and 170 Consider...
Weekly chart, the stock TADAWUL:3030 has been falling for long time, and is near the long-term support line S (around 39.9). On the intra-day time-frame, the indicators MACD and RSI are showing the rebound has started. The price should target the Resistance line R - at around 54 passing through resistance levels at 45 and 49 A safer new buy entry can be...
Daily chart, the stock NASDAQ:NVDA is forming a symmetrical triangle, and the price could not break out the resistance line R since June 2024. Technical indicators RSI and MACD are on the positive side; to have an upward movement. However, a new entry for bullish uptrend should be after 2 days trading above 128 -- Then the target price will be 175 A stop...
Daily chart, the stock TADAWUL:1180 is trading in a descending triangle, with upper line R and lower S It is seen as a short term trading opportunity between S and R. However, the price should close 2 days above line R to activate the target 41.4 then 43.3 A stop loss should be considered below line R (32.9). Be careful: Below support line S, the price can...
Daily chart, the stock TADAWUL:2270 is trading between support and resistance lines S and R respectively. Closing above R for 2 days, the price will target 417 then 439 The breakout may happen around 385 Technical indicator MACD signals a minor correction may happen soon. RSI is indicating a bullish movement. Below support line S is a stop loss.
Daily chart, stock is crossing the triangle, and is targeting 422 passing through resistance levels as shown. RSI and MACS support this view. Stop loss should be considered at 310