Thats a tough chart tbh. Ok. So there are two patterns on here that i think are very interesting. What is most interesting is that both patterns are bullish. The first one is the bull flag, and the second one is inverted head and shoulders. On the bearish side, there is a huge resistance on the weekly which explains both the bullish chart patterns discussed...
I think there is a valid short opportunity here. Here is more fundamental analysis (done by ChatGPT). /////////////////////////////////////////////////////////////////////////////// Ibnsina Pharma is a prominent pharmaceutical distribution company in Egypt, listed on the Egyptian Exchange under the ticker symbol ISPH. Established in 2001, the company...
just noticed this valid short right now. I have no information about the stock or the company behind it, also i didnt follow the news today or anything related to this coin. So this is only TA analysis opportunity
What a beautiful short opp in here. looks like the price is just hitting a prick wall that it cant get through. Unless fresh liquidity enters the market, its short. Also check out this big rejection candle on the daily, looks very bearish tbh. keep track of the news in the coming days, if there is any positive news, then close the trade.
LOL, have you heard about the latest offers from Palm Hills Developments? They’ve launched a massive advertising campaign, offering apartments and villas with only a 1–3% down payment for properties that usually cost anywhere between 7 and 19 million EGP. Then, they’re allowing customers to pay very low monthly installments over 10 to 12 years. And guess what?...
It seems that the pattern just keeps repeating itself with this stock. Just HH and HL. I have pointed out entries and exits for the two types of traders. Just for the aggressive entries, make sure you put 50% of your stake now and maybe 50% after it breaks the trendline. Should play out good, unless something in the market changes drastically. The stoploss...
I think there is a valid short in here for this stock. Targets has been identified as well as stoplosses. DYOR, this is not a financial advice
I still believe that there is a good chance for this stock. All the signs that i can see signals bullish bais. With that last green candle, i think there is a pretty good chance for this stock to continue upwards. I assume the last push down was whales grabbing liquidity and shake out weak hands before the next leg up. If you are a conservative trader, you...
I love Fawry stock since it has been doing well during bad times in the Egyptian market. Its really an undervalued stock that i expect it to do exceptionally well in the future. However, based on the chart (for short term) for this stock to really takes off, it need to correct, grap liquidity and to the moon from there. So i think, realistically, its has to go...
Shorting ACROW Well, i think that the ACROW stock is just way oversold with little liquidity that further strength the idea of pushing higher. Having that in the back of the head, then we are looking at a short position with targets based on the resting liquidity in the market. Now two scenarios that can happen, either the price retraces so that sellers sells...
This stock needs to be shorted ASA it reaches the red zone. Once it reaches there short this stock and place your targets above this red area. DYOR before you take the trade. As i have no information about the company nor what it even does other than its name which looks like a housing or realstate brokers company of some sort.
Ok this chart reminds me of Gold chart before it made the latest biggest run to the north. One of the most bullish charts that i have seen lately tbh. I rate this trade 8.5 out of 10. That how high i believe it might play out very well, with at least 42% ROI. While risking 6 to 10 % of my money. that if the price reaches its all time high at 92 EGP. if that...
Check this out. I think this stock has the chance to pop up north in the coming period. If you to take this position, stick hardly to the SL. DYOR
Just checked this stock, and even though all the fundamentals is bullish for this stock, something seems a bit off for me since the TA chart says otherwise since the stock is in a downtrend (which could also be considered a correction looking at the bigger picture) , as well as the fact that company earnings are on negative territory for the past two quarters....
If the price holds the 0.618, then we are seeing a new ath. Highly good play in here. Just be aware that there is a resistance @ 11.7 to 12.7. Take some profits at this level and move your SL to breakeven.
I think this stock has a chance to rise,but i would not recommend taken any action until earnings comes out i think in feb-mar 2025. quick look into past two earnings report, showed that the company earning has been in decline for for the past two quarters. (more digging is needed to check why their earning and company overall performance is just so bad...