Flag Pattern Breakout in PNB bankPNB showed Flag pattern breakout and know it going Up after retest. Can go for long with strict Stoploss and Target. Can show 🚀 near terms.
Uptrend
✅DAX BULLISH BIAS|LONG🚀
✅DAX is trading in an
Uptrend and the index has
Formed an opening wedge
Pattern so IF we see a
Bullish breakout then we
Will be expecting a
Further move up
LONG🚀
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AMIA should target 2.99 then 3.52Daily chart, the stock made a nice breakout to the rising channel, the target is 2.99, then 3.52
However, as the technical indicator RSI is in the over-bought zone, there may be a correction before continuing upwards.
Profit protection level should be dynamically considered as the stock price goes up.
Faisal Islamic Bank (FAITA) should target 1.26Weekly chart, the stock is trading in a rising expanding wedge (semi channel). It should rebound from the Support line (red) towards the Resistance line (blue) to around 1.26 passing through some resistance levels as shown.
Stop loss below Support line.
ACAMD to target 1.12 then 1.40 after crossing Resistance1-hour chart, the stock is trading in a rising triangle pattern, going to hit the Resistance line (blue) at around 1.118 - 1.120.
After crossing up, the target will be 1.30 then 1.40
Stop loss below the support line.
ElSwedy Electric (SWDY) should target 38 then 50 and 55Daily chart, the stock is trading in a rising widening wedge, and has a tendency to cross the long term Resistance line (RL) at around 32.7, then the target will be 38.
Above the resistance line R1, the target will be 50 - (then 55 on the weekly time-frame)
EGAL, Egypt, should go to 103Daily chart, the stock formed a descending triangle, and pennant chart patterns, and the target is 103
Technical indicators RSI and MACD are positive, confirming this uptrend view.
Eaton should target 292 then 330Daily Chart, the stock is trading upwards with tendency to hit the Resistance R3. After crossing at around 254, the target will be 292 then 330
Technical indicators MACD and RSI are positive.
Stop loss below 224 should be considered.
Trending together with UkOILPotentially back to uptrend if UKOIL Rebound to USD 80
Target 1 @ forward PE 5x
And Second Target @ Forward PE7.5x
CMSB rebound soon?CMSB
After this few days of minor crash on penny stock, CMSB also been affected.
It also been affected by the news of Norges Bank ceased to be substantial share holder on 12 Jan 2024. However, personally I think it will not affect the fundamental of the company.
Technical wise, it as mentioned earlier, RM1.18 is a key resistant level that had been tested 4 times since Apr 2023.
The last really in the 1st week of Jan 2024 was the 4th attempt to test this level and follow with the major correction.
Today, 3rd trading week of 2024, the price been supported the strong support level (RM1.02- 1.05).
If next week, the price rebound stronger back and supported by stronger that to be released on end Feb, that's good chance to break RM1.18.
If it continue the short term down trend to break below RM1.02 then need to be careful and prepare to take loss.
📈 AARTIIND: New Year, New Opportunities! Analyzing the UptrendHello traders!
It's great to be back with my first post of the year. Today, let's dive into $NSE:AARTIIND. Here's the breakdown:
📉 Directional Shift: The stock is transitioning from a downward to an upward trajectory, signaling a potential change in trend.
📈 Retesting Support: After reaching its previous peak, AARTIIND is retracing to test the support before gearing up for another upward move.
📊 Chart Analysis: Check out the visual for my entry, exit, and profit target. These are the key levels I'm watching closely.
💹 Derivative Trading Strategy: For derivative traders eyeing January expiry, consider 580 or 600 CE for potential opportunities.
🔄 Dynamic Market: Keep in mind that the market is dynamic, and these are just my observations. Always conduct your analysis before making any trading decisions.
🤔 Your Thoughts: What's your take on AARTIIND? Share your insights and strategies in the comments.
🔗 Stay Connected: Let's navigate these markets together. Stay tuned for more posts and updates!
Happy trading in the new year!
Best regards,
Alpha Trading Station
Gold should target 2045 after crossing Resistance1-hour chart, GOLD is trading in a falling expanding triangle; and is expected to test the resistance at around 2018. After crossing Resistance line (blue), the target will be 2045
Both technical indicators RSI and MACD are positive - supporting this view.
Tata Consult. should target 4733 after crossing resistanceDaily chart, the stock is trading in an uptrend.
The technical indicators RSI and MACD are showing higher probability to cross the Resistance line (blue) at around 4020 - 4025
After crossing, the target will be 4733
Stop loss below 3830 should be considered
EUR/USD should cross Resistance and target 1.09851-hour chart, the currency pair is trading in a falling wedge. high probability to cross the Resistance line blue) at around 1.0892, then the target will be 1.0985
Stop loss below 1.0880 should be considered for this small time-frame.
EHDR should target 0.450, then 0.625Weekly chart, the stock is trading in a falling expanding triangle, with a tendency to cross the resistance line.
After crossing at around 0.430, the target will be 0.530, then zigzag upwards up to 0.903 passing through the shown resistance levels.
Technical indicators RSI and MACD are positive.
Cairo Oils & Soap, Egypt, should target 0.549, then 0.579Weekly chart, the stock (COSG) is trading in a rising channel, and is inclined to cross the resistance.
Above resistance line, the target will be 0.549, extending to 0.579 then 0.621
Technical indicators MACD and RSI are supporting this view.
GOLD Long From Support! Buy!
Hello,Traders!
GOLD went down but
A rising support is ahead
So after it retests the
Support then we will
See a local move up
Buy!
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Check out other forecasts below too!
BITCOIN Will Go UP! Buy!
Hello,Traders!
BITCOIN is trading along
The rising support line
From where I think
There is a good chance
For us to see a bullish rebound
Buy!
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Check out other forecasts below too!
FAWRY, Egypt, is on a critical price level !Daily chart, the stock is trading in a rising channel, and is inclined to test the support line (Red), then rebound to the resistance line (blue)
Below support, the target is 4.62.
Above the support, the target is 7.76 (Crossing at around 6.66 - 6.70)
✅GBP_CHF BULLISH SETUP|LONG🚀
✅GBP_CHF is trading in an
Uptrend along the rising
Support line from where
The pair already made a nice
Rebound and I will be expecting
A further move up
LONG🚀
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Egyptian Poultry should target 7.05, (then 8.90 after crossing)Daily chart, the stock (EPCO) is trading in a rising wedge, and the technical indicators RSI and MACD are reflecting a tendency to complete upwards to the resistance line (blue) - around 7.05
After crossing the resistance line up, the target will be 8.90 extending to 9.05
Faisal Islamic Bank (FAIT) should go to 41.27Daily chart, the stock formed a chart pattern pennant, and crossed the resistance line, then the targets should be 38.55 and 41.27
Technical indicators RSI and MACD are positive.
BITCOIN GAPS IN PERFECT LOCATION!!?! Still Bullish!There are 2 gaps on the #CME that will most likely get filled.
A short move up to fill the most recent gap , then a move down to fill the gap around $39500.
This will still keep #Bitcoin in an HTF uptrend.
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