Egx70 is on a secondary move but still keeps its uptrend,update.Egx70 although being still on its uptrend , a secondary downtrend is created on 14/09/2021
a resume of main uptrend needs being closing over the level 2960.04 with volume confirmation .
EGX70
Egx30 update, downtrending todayA true breakout today by indicated candlestick with a bigger volume ,
an indicated downtrending channel has been created and lower channel line represents the line of downtrend target ,
if reversal to occur , it must break upward by a bigger volume higher than 11240 level
The beginning of the correction waveWe could see a retest for last week's levels.
Although last week's bearish move was stronger.
Iam looking for a retest of major support with blue lines zone ....
2615, 2385
We will see Pullback orange lines zone
2715, 2475
Good luck every one
It’s an opportunity to choose ur position for 2022 investment
AIFI.CA / EGYPT Technical Analysis 07/08/2021AIFI is working on a newly formed uptrend and formed a trending channel , it is seen clearly by consequent higher highs and also higher lows , trending AIFI is also seen by nice cross over by 7&14 EMA , this stock is working for a first target of 0.496 L.E
support level is 0.299 and first resistance level is at 0.346 then 0.39
Stop Loss level can be at 0.305
Have a nice trending AIFI
