positive uptrendingThe Bebining & the ending of the trading day was outstanding.
CCAP outbreak is exceptional
Ichimokukinkohyo
another unexpected hick-up5M timeframe
below KUMO
Chikou span downward facing
Rebound breaking point 119.6-120.17EGP
ALL TIME Records achievedstill up-trending
Price channel 6.36-7.5 , Equilibrium 6.9EGP
Red Hammer 6.78
Liq sweep 6.35
FVG 6.64
COMI ending correction & starting consolidation MTF, COMI ending correction & starting consolidation
Price Channel 84.5 - 79.5 ; Equilibrium 81.9EGP
Take position @ lower end of price channel
Mystery shopper @14:10 changed the ending50% of the trading volume was @14:10 .. This is THE happy ending & game changer.
detailed MTF analysis.
I am already investing in ADIB, and is my first choice.
I am biased toward ADIB, and have great confidence in his management & BoD.
Liquidity isn't presentTrading above the the bullish order block
Poor daily volume
Resistance + 75.20, 75.75, and 76EGP
RULE of THUMB: comi breakout leads to FERTILIZERS eclipse
ABUK ending correction .. heading to accomplish pending businessMTF indicating ending the correction
Market structure Bull
FVGs filled
still some business are non-completed @90.5 EGP
once crossing this price band, heading toward 105EGP
EMAR MISR Yesterday Hick-up is a buy opportunity11-2-2024 started positive, the 2nd H the market relaxed.
this lead to intraday consolidation & correction.
Opportunity is confirmed.
Intraday Targets: 6.09, 6.19, 6.25, 6.28.
Support zones: 4.84, 5.92, 5.98.
EGX30 outlook 13/2/20241H timeframe Target to continue the outbreak 28,411 - 28,785, and final destination 29,688.
If $ parralel rate drops excpect to reach 27,925 Points (1.69%)
CIB ending correction CIB ending correction with one green Bar on a daily timeframe.
Target setting on 1 hour timeframe
Market entry on 5 minutes timeframe
Suggested Buy position @ 79 EGP
Stop Loss @ 78 EGP
Take profit @ 84.5EGP
Disclaimer:
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. it is just for education purpose.
Positive outlook crossing the Red KUMOIntraday Target 11.20, 11.30, 11.40 EGP
Equilibrium Point is the recommended purchase price
EGX30 heading for a fallCOMI, MFPC, ABUK, ALCN, AMOC, SKPC, BINV, EGCH, & sugar are the main drivers for the fall.
Traders' sentiment is to trade in strong balance sheets with solid fixed assets as well as avoiding trading in MYX:REVENUE stocks.
EGX30 is heading toward 26,600 points to end this correction or the correction will end as soon as FLOATING the EGP.
7/2/24 recommendations9 recommended stocks for intraday trading based on 5 minutes timeframe.
you can challenge my analysis, and open to correct it
good luck
ALCN BEARISHComplete analysis on 1D, 1-4 Hours, 30 min, 15 min, and 5 minutes timeframes.
Downtrending and heading to reach 48EGP.
USD/EGPp is downtrending as well.
AIH breakoutpositive outlook after correction. confirmation after on complete candlestick on 15 minutes timeframe and/or 2 COMPLETE candlesticks on 5 minutes timeframe crossing 0.547 EGP +++++ CHIKOU span MUST BE ABOVE THE TRADING CANDLESTICKS
TARGET 0.576EGP
still in major uptrendintraday 5minutes framework ... trading below RED KUMO, TK on top of each other ,,, waiting for Bull TK Cross to achieve 43.5EGP target
trading in the KUMO trading in the green kumo, chikou is facing down, and red kumo formation means irrational decison.
hold your horses .. other opportunities exists in the healthcare sector
trendless minor correction in the short-term
still positive outlook .. mid-term & long-term uptrending
can increase position size by buying @FVG levels.
Catch me, if you can ...ADIB on the run
Targeting 50EGP, 52 EGP consecutively
POSITIVE outlook based on Ichimoku technique on all timeframes (5min-1Day)
GOACARBON - Ichimoku Breakout📈 Stock Name - Goa Carbon Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 804.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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