EFIH - anther chance - low risk EGX:EFIH - 1-Day Timeframe
A bullish pattern emerged on Feb 13, but prices adjusted after the 3/2 stock split on Jun 02. Key levels:
- Entry: ~11.00
- Stop loss: 10.00 (7.00% loss)
- Support: 10.60 (6-month low)
- Targets:
- T1: 13.38 (22.24% profit)
- T2: 15.00 (37.12% profit)
This is not investment adviceโonly my analysis based on chart data. Consult your account manager before investing. Good luck!
LUTS - out of box ( T1 10% VS SL 2% )EGX:LUTS timeframe 1 day
Created Bullish Gartley pattern, so we may see action price in this point.
Entry level around 0.573 ( prices now at 0.557 )
Stop loss 0.54 ( estimated loss 5.55% )
First target at 0.629 ( estimated profit 10.00% )
Second target 0.702 ( estimated profit 22.50% )
Third target 0.754 ( estimated profit 31.55% )
NOTE : this data according to timeframe 1 day.
Also MACD show positive diversion that may support our idea.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
$MPRC - Beware of the bears trap** EGX:MPRC - 1-Day Timeframe**
A highly complete bearish Gartley pattern is forming.
- **Sell Point:** Around 26.50
- **Stop Loss/Reentry:** 28.17 (estimated loss: -7.00%). A close above 28.17 would signal continued upward momentum.
- **First Target:** 23.70 (estimated profit: 10.40%)
- **Second Target:** 22.00 (estimated profit: up to 16.87%)
**Notes:**
- The RSI shows weakness but remains above 70, indicating strength. A close below 70 would signal a halt to the upward trend. Until then, the stock remains positive for the long term.
- This analysis is based on the 1-day timeframe.
**Disclaimer:** This is not investment adviceโonly my interpretation of the chart data. Consult your account manager before making any decisions. Good luck!
#EAST - great fundamental - positive long term #EAST timeframe 1 hour
Created Bullish Gartley pattern, so we can see action price in this point .
Entry level around 30.20
Stop loss 29.70
First target at 31.65
Second target 32.50
Third target 33.20
NOTE : this data according to timeframe 1 hour.
Also MACD show positive diversion that may support our idea.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
SWDY Neutral Zone AnalysisSWDY stock is in a neutral zone. There is a semi double bottom at the support line 80.742 that might encourage a bullish reversal pattern. In case of increasing it's expected to breach the resistance line 81.139 to reach the 81.209 then the 3rd at 81.420. In case of being a fake sign it'll break the support line at 80.742 to reach the 2nd at 80.578 then the 3rd at 80.531 points.
TMG Long UpdateHey everyone,
The chart shows bullish flag and held strong support at 47-48 price level. One thing that worries me is the liquidity below 47.5 (in green circle), because the price always makes big moves after a liquidity sweep, which in this case didn't happen yet.
So i expect one of two scenarios that might happen, either the price will go briefly below 47 to sweep the liquidity, create a wick and move to the upside from here or the price will just breaks the trend line, retraces and then continue upwards.
so my advice (do your own research before you take any position) is to DCA into position, meaning, every time the stock drops 1 Egp, buy and increase your buying power, every time the price goes lower (example, buy 1 share at 54, 2 shares at 53, 3 shares at 52 and so on), and for all your buying positions have a stoploss at 45 EGP.
ECAP - Egyptian stock#ECAP timeframe 1 DAY
created 2 Bullish pattern ( Gartley and AB=CD ) , so we can see action price in this point .
Entry level at 22.70 ( price now 22.40 )
Stop loss 22.00( loss may go to up -3% )
First target at 24.45( with profit around 7.60% )
Second target 25.97( with profit around 14.70% )
NOTE : this data according to time frame I DAY ,
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
#COMI - ACTION IN THE WAY - all market will rising soon or ??!!EGX:COMI is showing a potential triangle pattern.
BB support is at 79.15, making it a good entry point for a long position.
Prices are currently trading below the middle BB line (80.16), which has acted as resistance since the start of the month.
As long as prices stay above 78.60, they are likely to reach 83.20 eventually.
At June market may go to moon , just remember who told you first .
But still be caution more than optimistic or hopeful
At this point market may achieve new historical levels from anther hand EGX30 tray many times to close over 32200 but is failed.
No one is bigger than the market and remember Technical analysis is not an accurate science .
This is not financial advice, just our analysis based on chart data. Please consult your account manager before investing.
Thanks and good luck!
PHDC Loading for a Massive Breakout โ Hidden Bull Flag Inside!Palm Hills (PHDC) is gearing up for a powerful move! ๐
After months of respecting a clean ascending channel, price just bounced perfectly off lower support.
๐ Indicators flashing green:
StochRSI bullish cross โ
MACD turning positive โ
Squeeze Momentum showing early pressure build-up โ
Iโm buying between 6.70โ6.85 EGP with a tight stop at 6.50 EGP.
๐ฏ Targets:
TP1: 7.50 EGP
TP2: 8.00โ8.20 EGP
A clean breakout above 7.00 EGP could trigger explosive upside. Watch closely! ๐
(DYOR โ Not financial advice)
SWDY's New Upward Region Waiting for Chart Pattern ConfirmationSWDY stock is still trying to peak up, but unfortunately, it's rebounding back from the resistance line of 82.662. It had already broken the support line 81.970. In case of continuing, it'll break the support line 81.849 till reaching the support line 81.759. In case of rising, it'll breach the 1st resistance line to the 2nd resistance line at 82.933 points and the 3rd resistance line at 83.097. In general, it's expected to rise, especially for the presence of a double bottom, which will lead to a bullish reversal pattern and orient a new upward region, but the chart pattern confirmation is still in progress.
TMGH's Current Peak ZoneTMG Holding trend has reached its peak zone at the resistance line 55.661. Historically, it is expected to rebound to the support line at 55.2, then the support line at 54.987 and 54.916. In conclusion, it increased by 0.09% due to TMGH signing a memorandum of understanding to develop a new large-scale mixed-use project on a 14 million sqm plot, as part of its regional expansion strategy focused on replicating its integrated city model in Middle Eastern markets, as per a disclosure, regarding negotiations with local Iraqi authorities, is expected to include approximately 46,000 mixed-use units. It will focus on high-quality housing, smart infrastructure, and sustainability.
Recap Egypt has bullish indicatorsDaily chart,
I expect the price EGX:REAC will continue to form a triangle chart pattern.
Technical indicators RSI and MACD are positive, and showing a bullish movement - i.e. A soon breakout
However, I think after a rally of 7 consecutive green candlesticks, a minor correction should happen to test the support line S.
Then, a rebound to test the upper resistance line R. The breakout can be around 8.50 - 5.45
After crossing R (and stabilizing for 2 days with high volume), the target will be 10.90 passing through a resistance level at 9.35
Stop loss below 8.40 should be considered.
2nd Scenario : Direct crossing up, no correction, and the target will be 11.25
Raise the stop loss / profit protection level as the price goes up.
#ALCN - not an advise it just an ideaaccording to chart we have triangle pattern and potential bearish pattern,
Now is testing the uber line of triangle pattern
so stop loss now is 22.22
target and next sell point is 23.50 to 23.65
rebuy at 23.89
It's not advice for investing, only my vision according to the data on the chart.
Please consult your account manager before investing.
Thanks and good luck.