Daily chart, The stock EGX:NAHO has tested the pivot axis and is supposed to re-bounce to test the upper channel (Resistance line R) at around 0.169 The technical indicators RSI and MACD are supporting this positive view. Consider a stop loss below 0.145 - 0.144
Weekly chart, The stock ADX:BURJEEL is almost at the lowest price level historically. The least support level is 1.98 Technically speaking, below that level, the situation will be tough for even the stock maker. So, I believe, the rebound will start soon, for long-term bullish wave.
Weekly chart, The stock EGX:ASPI is trading in an ascending broadening channel. The target is the upper resisitance line R, at around 0.395, expected in 4 months. Technical indicators RSI and MACD are supporting this positive view. Consider a near stop loss / profit protection level - as the stock is volatile.
Daily chart, The stock EGX:EMFD has been consolidating between 7.3 and 8.7 in sideways movement. The current technical indicators RSI and MACD are signalling a positive bullish direction. After a resistance breakout and stabilizing above 8.7 for 2 days, the target will be 10.11 Consider keeping a near profit protection / stop loss level.
Daily chart, the currency pair has formed a chart pattern and the target is 98 extended to 100 - passing through resistance levels as shown.
Weekly chart, the stock has crossed the resistance line of the triangle pattern. Target is 0.92 passing through the shown resistance levels. Stop loss should be considered. Technical indicators RSI and MACD are supporting this view.
BITCOIN /USD On monthly chart, there is a forming uptrend pattern. The RSI and MACD are supporting this uptrend. Targets are shown on the chart at stages, going to 100K by May 2025. Profit protection should be properly managed. The Stop Loss line (red) should be considered.
Daily chart Gold TVC:GOLD touched the support line S and rebounded in the last candlestick. So, we need to wait for a confirmation by closing this day and tomorrow, either a successful hammer candlestick, or visiting the lower support levels - one by one! At each shown support level, there will be 2 scenarios: Rebound up or Break down. The technical indicators...
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, Sugar PEPPERSTONE:SUGAR can be seen as forming a diamond chart pattern. Since there is a price gap, as shown in the circle, it may go to close this gap before a rebound to the resistance line R. Above R, the target will be 22.7 passing through a resistance level at 20.9 Stop loss below 18.4 should be considered.
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