still consolidating... Defensive industries are the sole Winners such as Pharmaceuticals, Real State development, and/or food.
Losers are USD hedge , High Net Debt absolute vlaue, and/or High YoY debt growth companies.

Basically its a defensive bullish market with strong Fixed Asset in Balance Sheet .
4feb2024Beyond Technical AnalysisChart PatternsconsolidationzoneEGX30Trend Analysis
ICHIMOKUontheNILE
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
For further insights, you are welcome to join my Telegram channel, Ichimokuonthenile.
t.me/ichimokuonthenile
or youtube youtube.com/@ICHIMOKUontheNILE

Related publications

Disclaimer