trendless minor correction in the short-term
still positive outlook .. mid-term & long-term uptrending
can increase position size by buying @FVG levels.
trendless minor correction in the short-term
still positive outlook .. mid-term & long-term uptrending
can increase position size by buying @FVG levels.
correction movement in Correction Phase ... short erm
still uptrending for mid-term & long-term investors
Waiting for AMIA to beat Resistance and Target 3.4630-min chart, the stock is trading in the upper side of the falling channel, which indicates higher chance to beat Resistance soon.
Closing above 2.90 for 2 candlesticks, will activate the targets 3.09, 3.25 then 3.46
Stop loss below 2.70
EEII may break November's high Watching the November high for a potential breakout.
EEII is highly volatile, tight stoploss is not a good idea.
Probability that if this breakout happens may trigger an impulsive move.
Of course nothing is certain.
Steady Grind on AMOC- My entry area is marked in green
- Trendline resistance @ 13.50 area
- Breakout of this trendline can send it to 14.80 area.
- Watch out 'cause AMOC likes to do liquidity grab, so give it space to move.
GBCO Potential BreakoutStarted adding shares at 8.60s
Do your own research.
Don’t follow anyone blindly.
Positive outlook on intraday tradingPositive outlook on intraday trading on a five minute time frame, Green KUMO formation + she Chikou span upward above of the TKK Cross.
Positive outlook for intraday, RRR 5/1
positive outlookShort term outlook on the five minutes timeframe, it's positive and moving forward Green Kumo formation, and schikou above TK.
Dealbreaker for this intraday transaction is USD to Egyptian pound forex rate (parallel)
Daily Framework : transitionning5 minutes framework (intraday) positive outook.
Kumo Twist formation + Chikou Span upward & higher than TK
Targets, 10.5 & 10.79 EGP
BULL TK cross & Kumo Twist 13:45 on Thursday, Bullish signals were present.
Sugar is supertrending, taking into consideration stability of USD EGPp rate.
uptrending Green Kumo formation on 5 timeframe, TK Cross 13:50 ... FVG is on the corner.
Positive uptrend, Purchase point 81.5-82, target 83.9 EGP
The key success factor for this idea is the maintaining USD EGP parallel market rate above 65EGP
Chikou span facing downwardTechnical Analysis for intraday 5/2/24
Correction & Plateau; KUMo formation is very thin.
conservative outlook with 2% gain.
volume 5M below average 8M
Overall COMI is still uptrending, and trading above trend mid point.
INEG high probability tradeIts in a buying area around 0.190s/0.200
high probability for an impulsive move
TAQA is preparing for a movemake your own decision.
widen your risk as it has volatility and get fearful at 19 but leave runners.
ZMID wants to breakout !!?- probably still has a daily 5% ceiling.
- It may consolidate in the channel.
-Good entry is probably around 7.40-7.80
- Make your own decision, size accordingly and manage risk.
CERA EGX Egypt, at accumulation stage to target 1.4 in 18 weeksStock CERA EGX Egypt,
On the weekly chart, it is going through slow accumulation,
It is expected to leave this level soon, targeting 1.4, in uptrend movement for 16 - 20 weeks.
The high probability for more Egyptian pound devaluation will push prices up.
Beltone BTFH in a rising Channel; Awaiting breakout confirmation30-min chart, the stock is trading in a rising channel, testing the lower line, and may do a false break down to the SL level.
After rebounding, the target will be 4.38
Stop loss below SL line.
ATLAS (AIFI) should target 0.875 after stabilizing above 0.545Weekly chart, the stock is trading in the rising channel, and should cross the Pennant pattern Resistance at around 0.543
Stabilizing above 0.545 for one week with high volume, will push the price to target 0.875
Stop loss (SL) line should be considered for the rising stop loss level.
AREH is not showing promising signals yet for a breakout but if For good signals consider the following:
RSI should pass 50
Cross up the sideways pattern since the 10th of January.
When cross 1.2 it will have strong resistance from the (1.24 : 1.3) range
ABUK is bull flaggingHigh probability trade on ABUK with potential target at 107 and 118.
Probability 70%
