NAHO (Naeem, Egypt) is seen on a long-term uptrendWeekly chart,
The stock (in USD) has a long term uptrend opportunity - targeting 0.200 and 0.220, provided that the price stabilizes above 0.165 for 2 weeks.
MACD indicator is supporting this positive view.
Note: For the next week, consider the stop loss (SL) level below 0.148 for 2 weeks. Then, raise the SL level as the price goes up.
Note: Heikin Ashi chart is used to give a better trend indicator.
Egx
MEPA has a positive indication to test 1.53 Daily chart,the stock is showing a tendency to test the ascending resistance line R1 (touching around 1.53). Above R1, the next target will be R2 (around 1.70 - 1.72)
MACD technical indicator is supporting this uptrend.
Consider a rising profit protection level, and a near stop loss for this stock.
RMDA faces strong resistance at 2.5The chart shows strong resistance for Monday at the 2.5 level that cannot be broken, and there is a lack of desire from the market maker to break this level. Support is expected at the 2.29 level. The expected scenario is that the stock will move sideways for the rest of the trading week until a "flag" is formed, after which it will break the 2.5 level and soar to the 2.8 level. This is expected to happen in August before the dividend distribution, which is expected to be 0.067 per share.
CCAP has a potential to test 2.30 and 1.49Weekly chart, the stock is trading in a channel that has the support line (S2) since June 2022.
Another minor support line is S1 and a probable one S3
I think it will go to 2.30 then sideways before rebounding and touching the resistance line R in 7 - 8 months.
Below 2.30 the next support (line S3) is around 1.49
Note: be careful with this stock!
ISMQ is forming a triangle pattern..30-min chart, ISMQ is trading in a triangle, where the price is in the midway and the direction is downwards to the support line S.30
We should have a direction confirmation before a new buy entry.
Crossing above R.30, will push the price to 5.25
Stop loss below 4.60
AMIA should rebound to the R30 line30-min chart, the stock is trading in a rising channel, and tested the support S30 (30-min support line).
The movement should be towards the resistance R30 line, touching at around 3.16
Crossing R30 line, the target should be 3.42 - 3.46 (depending on crossing point)
Stop loss below 2.85
SWDY should target 39 after breakoutDaily chart, the stock is trying to beat a tough (cluster) resistance zone. Crossing this zone, and closing 2 days above 32.5 will activate the target 39.0
Resistance cluster zone: Resistance line R1 (blue) + Long term RL (dashed green)
Stop loss to be considered below S1 line.
Will ETRS cross the Resistance and see the 6 level?30-min chart, the stock is trading in a tough zone; there are 2 strong Resistance levels 4.84 and 5.19
So, be careful with this stock; as it flips quickly!
Closing and trading 3 candlesticks above 5.21 will activate the target of 6.04, then 6.20
Stop loss below 4.68 - should be considered.
ATLAS (AIFI) should target 0.875 after stabilizing above 0.545Weekly chart, the stock is trading in the rising channel, and should cross the Pennant pattern Resistance at around 0.543
Stabilizing above 0.545 for one week with high volume, will push the price to target 0.875
Stop loss (SL) line should be considered for the rising stop loss level.
ACAP is preparing to cross the Resistance line RDaily chart, the stock is trying to beat the Resistance line R.
Some correction may happen between 0.618 - 0.600 and rebound afterwards to test the Resistance line R.
Above Resistance line R (crossing at around 0.670), the target will be 0.770 then 0.920
Stop loss below 0.600 should be considered.
EIUD should target 0.425 after beating Resistance (R)Weekly chart, trading in a falling expanding wedge, high probability to target the Resistance line (R), then cross upwards.
Above Resistance (around 0.308), the target will be 0.425
Above R2 targets R3 (around 0.520)
Raise the profit protection level as the price goes up.. Below 0.230 stop loss
** Be careful with this stock - as it has up and down sudden sprints!
AIFI should target 0.585 after crossing Resistance30-min chart, the stock is trading in a falling wedge.
After crossing up, the target is hitting the resistance line (R) upwards.
After crossing at around 0.520, the target will be 0.585 passing through some resistance levels as shown.
Below 0.503 (support line S) stop loss