analysis performed using the following strategies and indicators: Ichimoku Kinko Hyo Law of diminishing returns Volume price trend Relative Strength Index (RSI) Average True Range (ATR) Linear Regression
even though good start of the day< and reached 3.3EGP. it couldnt maintain the momentum. Positive signals aren't present yet.
ISPH analysis 5 minutes baseline vwap Elliot ichimoku
EGX30: Accumulation Phase didn't end yet. $ & Value Stock will lead.
9 recommended stocks for intraday trading based on 5 minutes timeframe. you can challenge my analysis, and open to correct it good luck
positive outlook on all terms. targeting 3.55 then 3.7 EGP
Daily chart, the stock may test support S1 then rebound to R1 (a triangle pattern). MACD is signalling some correction (downwards direction) After crossing the resistance line R (around 3.67), the target will be 5.25 - Rising Channel pattern Below S1, the stop loss.
NEXT MARKET MOVE UP TO 2023 At the bold black line, a major area, At the orange line, a sub area WE CAN UPDATE AFTER BROKEN
Accumulation phase highlight Shark 32 on weekly chart Breaking 5.45 L.E will lead to 6 L.E