An Overlooked Gem in the Egyptian Market: Soaring Growth and Promising Prospects The provided text highlights an Egyptian stock that has experienced extraordinary growth over the past year, surging by over 135% in value. The stock's fair value has also witnessed an increase from 8 Egyptian pounds to 9.5 pounds, driven by its strong financial performance in the...
Q1 financials. Revenue is up 2.1 billion Egyptian pounds, but profits are down compared to the last 10 quarters. The company blames flat product prices while raw material costs are skyrocketing. Seriously, what's the deal? Are they just waiting for us to tell them to raise prices or cut costs? If they're asking for my advice, I'd say they need to get their act...
Exposure to "RMDA" stock On testing the resistance at the 2.20 level, it rose to approximately 5%, and there are opportunities for growth during approximately the week’s session on the 2.5 test.
The 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...
Over the past months, the stock has experienced a decline after it showed growth and a decline in its p/e from 9 to 7, and this should have been reflected in the price, but it was much lower. What happened was 3 years ago The pound's concerns faded against the US dollar Customs release The distribution of good profits is 0.95 piasters During the coming...
The stock has an imaginary support level at 5 Egyptian pounds and is currently trading in a resistance range between 6.30 and 6.5 Egyptian pounds, forming a flag pattern. If it breaks above the 6.70 Egyptian pound level during any weekly session, it could reach 7 Egyptian pounds, followed by 7.2 Egyptian pounds, 7.5 Egyptian pounds, and eventually 8 Egyptian...
ADPC shares are expected to break through the 2 Egyptian pound level in the coming period and reach a minimum of 3.5 Egyptian pounds within the next 3 months, starting from June 2024. The third quarter of 2024 is expected to be an unprecedented growth period for the stock. The company has delivered exceptional financial performance, with unprecedented profit...
EMSD shares are expected to experience a period of horizontal movement in the range of 6.5 to 5.2 for the next 4 weeks from the date of publication. After this phase, there will be strong support at the 5 Egyptian pound level. If the stock stabilizes during this period, it could reach levels of 7, 8, and even 12 to 30 by the end of the current year
www.tradingview.com White Sugar price increase will lead to the breakout of local Delta sugar price. Long position is foreseen check the analysis to determine whether it suits you
Its in a buying area around 0.190s/0.200 high probability for an impulsive move
High probability trade on ABUK with potential target at 107 and 118. Probability 70%
It has a probability of a good uptrend imo. the trade requires good risk management and patience.
- EGX30 came near the 60% Fib level and it was due to a pullback. - It cant stay overbought for too long and a healthy pullback was necessary. - In my opinion, it can stay in a range for a couple of weeks and its a good opportunity to add more shares to winning trades. - In case the market decides to pullback more than the range. stop losses for each trades...
stuck in a range for couple of months. already its in a good area to start adding shares imo.
EGX30 found support on the 50ma with 2 candles = 1 pin bar, same like last it hit that same moving average. 80% probability of a continuation to the upside
Entry 0.774 or 0.769 Stop Loss 0.765 This a reaction for EGX30 recent rejections
According to my analysis to EGX30. I see that its about to collapse more than 60% and its targeting 6173. My analysis depends on : Supply and Demand Fibonacci Idea fails after making a new HIGH NOT A FINANCIAL ADVICE
EGX 70 shows two patterns (Head and shoulders --- constructed A wolf wave (orange line) which can give the support to EGX 70 and switch the trend back to uptrend ---- probable rebound breaking the wolf wave will lead to medium term down trend.