TMG Holding trend is still in its neutral zone, reflecting bearish dominance over the bullish. In case of rising, it's expected to reach the resistance line 53.198, the second resistance line 53.228, then the third at 53.47 points. In case of falling, it is expected to reach the support line 52.956, the second support line 52.775, then third support line 52.684, but fundamentally it's a far expectation because of TMGH Q1 net profit after tax is EGP 4.42 Billion versus EGP 4.14 Billion year ago. Secondly, revenue was EGP 9.43 billion versus EGP 6.79 billion a year ago. Thirdly, outstanding real estate sales of EGP 77.2 billion. Fourth, the group's backlog amounted to EGP 350 billion.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.