TANM (Tanmia for Real Estate Investment) – Cup & Handle Formatio📈 TANM (Tanmia for Real Estate Investment) – Cup & Handle Formation! 🚀**
🔎 **Technical Analysis (1D Chart):**
TANM appears to be forming a **Cup & Handle** pattern, which is a classic bullish continuation setup. This pattern suggests the potential for an upward breakout if the price successfully clears resistance.
- **Cup & Handle Formation:** The stock has completed the "cup" phase with a rounded bottom, and now it's forming a "handle," typically a consolidation before a breakout.
- **Moving Averages Support:** The price is fluctuating around key moving averages, which may provide dynamic support.
- **RSI Near Neutral Zone:** The RSI is around 49-54, indicating no extreme overbought or oversold conditions, leaving room for a move in either direction.
- **MACD Neutral:** The MACD is hovering near the zero line, and a bullish crossover could confirm momentum shift.
- **Volume Considerations:** A volume surge upon breakout would strengthen the bullish case.
🔑 **Key Levels to Watch:**
- **Resistance:** **3.93 EGP** (Cup & Handle breakout confirmation level)
- **Current Support:** **3.31 - 3.30 EGP** (Crucial zone to hold)
- **Major Support:** **2.50 EGP** (Break below would invalidate the pattern)
📊 **Market Sentiment & Potential Scenarios:**
- **Bullish Breakout:** If price closes above **3.93 EGP** with strong volume, the next target could be **4.50+ EGP** based on the cup depth projection.
- **Bearish Breakdown:** A failure to hold **3.30 EGP** could lead to a retest of **2.50 EGP**, invalidating the bullish setup.
- **Neutral Consolidation:** If volume remains low, the price may continue forming the handle before a breakout attempt.
⚠️ **Risk Management & Disclaimer:**
This is **NOT financial advice**. Always conduct your own research, set stop losses, and manage risk appropriately. Patterns indicate probabilities, not certainties.
🔥 **What’s Next?**
Traders should watch for a breakout with volume confirmation. If the cup & handle pattern plays out, the stock may see a strong bullish move in the coming weeks.
📢 **What do you think? Will TANM break out? Share your thoughts below!** 👇
#TANM #EGX #CupAndHandle #Trading #StockMarket #Investing
E-Finance for Digital and Financial Investments (EGX) - PotentiaHere’s a trading idea you can publish on TradingView based on the image:
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**E-Finance for Digital and Financial Investments (EGX) - Potential Reversal Setup**
📉 **Technical Analysis:**
The stock has been in a strong downtrend, forming a falling wedge pattern, which is typically a bullish reversal signal. Currently, the price is testing a key support level, and a breakout above the trendline could indicate the beginning of an upward move.
📌 **Trade Plan:**
- **Entry:** Upon confirmation of a breakout and close above the trendline.
- **Stop Loss:** Below recent lows to minimize risk.
- **Target Levels (3 Stages):**
1️⃣ **First Target:** Near the next resistance level (previous support).
2️⃣ **Second Target:** Around the mid-range resistance zone.
3️⃣ **Final Target:** At the major resistance level from previous highs.
📊 **Indicators & Confirmation:**
- Price is near a strong demand zone.
- Potential bullish divergence in volume/momentum indicators.
- Watching for confirmation from moving averages.
🚀 **Final Thought:**
A successful breakout could provide a great risk-to-reward opportunity. Always manage risk and adjust targets accordingly!
#Trading #StockMarket #TechnicalAnalysis #EGX
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You can tweak this based on your exact targets and trading style. not financial advice ! 🚀
RAYA Approaching Trendline with Bullish DivergenceRAYA is currently testing a key ascending trendline, showing signs of a potential reversal. The price action is forming bullish divergence on the RSI and other momentum indicators, suggesting a possible bounce toward previous resistance levels.
Key Observations:
✅ Price is nearing strong trendline support.
✅ Bullish divergence forming on RSI and other indicators.
✅ Volume is stabilizing, indicating potential accumulation.
✅ First target: 2.58 (major resistance), then 3.24+ if momentum continues.
✅ Stop-loss below 2.10 to manage risk.
A confirmed breakout above short-term resistance could trigger a stronger upside move. Waiting for confirmation before entering a position is crucial!
What are your thoughts? 🚀📈not financial advice
bullish with signs of accumulation and Tweezer Bottom Yes! The chart is showing **bullish potential** with signs of **accumulation in a sideways range**.
### **Bullish Scenario & Accumulation Zone**
- The price is trading within a **sideways range (accumulation phase)** between **0.339 EGP (support) and 0.411 EGP (resistance)**.
- **High volume near 0.384 EGP** indicates strong buying interest in this area.
- A breakout above **0.411 EGP** could trigger a **strong uptrend**, targeting **0.459 EGP and beyond**.
### **Tweezer Bottom Confirmation**
- The presence of **tweezer bottom candlestick patterns** at support levels strengthens the bullish bias.
- If price **rejects the lower boundary (0.384 EGP) multiple times**, it confirms accumulation and potential upside movement.
### **Key Trading Strategy**
- **Entry:** Buy within the **0.384 - 0.395 EGP** zone.
- **Stop-Loss:** Below **0.339 EGP** (if accumulation fails).
- **Take-Profit Targets:**
- **0.411 EGP** (resistance breakout level).
- **0.459 EGP** (strong supply area, high-volume node).
- **0.60+ EGP** (if bullish momentum continues).
### **Final Confirmation**
- Watch for **breakout volume above 0.411 EGP** to confirm the **bullish breakout** from accumulation.
- If price **rejects 0.411 EGP again**, it might stay in accumulation longer.
💡 **If the accumulation breakout happens, this trade has great upside potential.** Would you like me to mark these zones on the chart visually? 🚀
# **CONTACT Financial Holding | Bullish Reversal from Golden Fib# **CONTACT Financial Holding | Bullish Reversal from Golden Fibonacci Zone 🚀**
**Ticker**: EGX:CNFN
**Timeframe**: 1D
**Pattern**: Fibonacci Golden Ratio Reversal + Descending Trendline Breakout
### **📌 Key Analysis:**
- The price has approached the **Golden Fibonacci retracement level (0.618 - 0.705)**, a key area where buyers tend to step in.
- There is a strong **historical support zone** aligning with this golden pocket, increasing the probability of a rebound.
- The **descending trendline** is acting as resistance. A breakout above this level would confirm the bullish reversal.
- **RSI** is at a relatively low level, indicating that the stock may be oversold and primed for a reversal.
### **🎯 Targets:**
1. **4.18 EGP (0.618 Fib Retest)**
2. **4.45 EGP (0.5 Fib Level)**
3. **4.94 EGP (0.382 Fib Resistance)**
4. **6.43 EGP (Major Long-term Target from Previous Highs)**
### **🛑 Stop Loss:**
- A break below **3.25 EGP (0.79 Fib Level)** would invalidate the bullish setup.
### **🔥 Bullish Confirmation:**
- A breakout above **4.18 EGP** with strong volume.
- Positive momentum and RSI turning upwards.
If confirmed, this setup presents a **great risk-reward ratio** for a potential upside move. 🚀📈
What do you think? Let me know your thoughts in the comments! NOT FINANCIAL ADVICE⬇️
MASR: Riding the New Wave to 6 EGPMASR: Riding the Bullish Wave to 6 EGP 🚀**
MASR is forming a strong **ascending triangle pattern**, respecting its **bullish trendline** while consolidating within a key range. The price recently bounced off support and is now pushing higher, showing signs of accumulation.
### **Technical Analysis:**
🔹 The price is holding above the long-term **trendline support**, signaling strength.
🔹 The **triangle pattern** suggests a breakout could be approaching.
🔹 **MACD & RSI are bullish**, indicating growing momentum.
🔹 **Volume Profile** shows strong interest around 4.00 EGP, reinforcing support.
### **Key Levels to Watch:**
📌 **Resistance Levels:** 4.36 – 4.75 EGP → **Breakout Target: 6.00 EGP**
📌 **Support Levels:** 4.00 – 3.46 EGP → **Invalidation below trendline**
A confirmed breakout above **4.75 EGP** could pave the way for a rally toward **6.00 EGP**, following the broader bullish trend. However, patience is key, as price action should be monitored for confirmation.
🚨 **Not Financial Advice – Always Do Your Own Research!** 🚨
What are your thoughts on this setup? 📈🔥
ACT FINANCIAL (EGX) – Sideways Trade with Breakout PotentialHere’s a TradingView idea for your sideways trade setup with a potential breakout:
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**ACT FINANCIAL (EGX) – Sideways Trade with Breakout Potential**
📉 **Technical Analysis:**
The stock is currently trading within a sideways range, showing strong support and resistance levels. The price is bouncing between these levels, offering a short-term trading opportunity. However, the presence of a bullish divergence in the MACD suggests a possible breakout.
📌 **Trade Plan:**
- **Entry:** Near the lower boundary of the range, aiming for a small upward move.
- **Stop Loss:** Below the recent support zone.
- **Target Levels:**
1️⃣ **First Target:** Minor resistance within the range.
2️⃣ **Second Target:** Upper boundary of the sideways channel.
3️⃣ **Breakout Target:** If a breakout occurs, aiming for a new resistance level above the range.
📊 **Indicators & Confirmation:**
- MACD showing bullish divergence, signaling potential upside.
- Watching for volume increase as a breakout confirmation.
- Risk/Reward ratio looks favorable within the range.
🚀 **Final Thought:**
A range-bound trade with small targets offers a controlled risk setup. However, if the stock gains momentum and breaks out, it could lead to a strong bullish move. Keep an eye on key levels!
#Trading #StockMarket #TechnicalAnalysis #EGX
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not financial advice 🚀
Long,Pioneers Holding (EGX: ASPI) Pioneers Holding (EGX: ASPI) has several key financial indicators that you should consider before making any investment decisions. Here's a breakdown of the company's financial position and
performance:
fundamentals Analysis
1. Stock Performance & Valuation:
• Current Price: 0.278 EGP
• Book Value Per Share: 0.35 EGP (suggests the stock is trading below book value, which could indicate undervaluation)
• Based on Book Value Multiple → 0.60 EGP
• Based on P/E Ratio → 0.41 EGP
• The stock is currently trading at a significant discount compared to both valuation benchmarks:
o 53.7% discount to the book value multiple (0.278 vs. 0.60 EGP).
o 32.2% discount to the fair value based on the sector’s P/E ratio (0.278 vs. 0.41 EGP).
• EPS: 0.07 EGP
• 52-Week Price Change: -32.05% (significant decline, suggesting weak market sentiment or financial concerns)
2. Financial Health & Liquidity:
• Cash: 498.11M EGP
• Debt: 875.23M EGP (debt exceeds cash, leading to a net debt of -377.12M EGP)
• Net Cash Per Share: -0.19 EGP (indicating a negative net cash position, which raises concerns about liquidity and financial stability)
• Working Capital: -134.22M EGP (negative, suggesting possible short-term liquidity issues)
3. Profitability & Margins:
• Revenue: 345.92M EGP
• Net Income: 76.01M EGP (net margin of 21.97%, which is decent)
• Gross Margin: 22.94% (moderate, indicating the company retains a reasonable portion of revenue after direct costs)
• Operating Margin: 16.82% (suggesting the company has good cost control, but interest expenses may be a concern given the high debt levels)
4. Key Takeaways:
✅ Positive Factors:
• Profitable with a 21.97% net profit margin
• Trading below book value (0.278 EGP vs. 0.35 EGP), which might indicate undervaluation
• Stable earnings per share (EPS: 0.07 EGP)
⚠️ Concerns:
• High debt (875.23M EGP) relative to cash reserves
• Negative working capital (-134.22M EGP), which could pose liquidity risks
• Stock has underperformed significantly in the last year (-32.05%)
Investment Consideration:
According to Tracxn, Pioneers Holding has a Tracxn score of 34 out of 100, positioning it ahead of Beltone (29/100) but indicating room for growth compared to leading firms in the sector.
• Value Perspective: If you believe the company can improve its balance sheet and market sentiment shifts, this could be an undervalued opportunity.
• Risk Consideration: The negative cash position and high debt may pose risks, especially if interest rates rise or earnings decline.
Tech. Analysis
see the chart mark refer to GANN & Elliot wave
MM Group Egypt - Quick trading between S & R lines 1-hour chart,
the stock EGX:MTIE is trading in a rising wedge. While this is a bearish chart pattern, we can trade between the support and resistance lines (7.60 - 8.00) for the next few weeks - or until breaking either boundaries.
In case of:
closing 3 hours below line S, the target will be 7.10
closing 3 hours above line R, the target will be 8.66
A near stop loss level should be considered.
Dice Egypt to be monitored for a new entry - Good opportunity!Daily chart, the stock EGX:DSCW broke the lower trend-line of the rising wedge pattern. So, technically this bearish movement should test the pattern target 2.15
However, there are near relatively strong support cushion at 2.45 - 2.42, then a support level at 2.24
A new entry (buy) can be made after 2 days close above 2.51 with high volume, to target 2.75 to 2.80 (then 3.05)
Stop loss below 2.40 should be considered.
Long OIH Company Overview:
• Orascom Investment Holding (OIH) operates as an investment holding company in the telecom and technology sectors across Egypt and Africa.
• The company is also engaged in real estate investments, leveraging its experience in North Africa and Sub-Saharan markets to expand into Africa’s fast-growing economies.
• OIH invests in energy, financial services, agriculture, real estate development, logistics, and transport.
• The company is also focusing on world-class entertainment destinations, integrating entertainment, retail, and hospitality to drive regional development.
Financial Highlights (2024):
• Net Cash Position: EGP 2.27 billion (Cash: EGP 2.94 billion, Debt: EGP 664.15 million) → EGP 0.43 per share.
• Book Value Per Share (BVPS):
o 2024: EGP 0.79 (+33% YoY).
o 2023: EGP 0.59 (+12.96% YoY).
o 2022: EGP 0.52 (+67.75% YoY).
• Fair Value Per Share (based on sector book value multiple): EGP 1.72.
Stock Performance & Investment Outlook:
• 52-Week Performance: +48.05% increase.
• Current Price: EGP 0.58/share.
• 52-Week High: EGP 0.64/share (02/03/2024).
• Elliott Wave Analysis Targets:
o TP1: EGP 0.774.
o TP2: EGP 0.959.
• Investment Recommendation:
o Buy below EGP 0.52/share.
o Hold for long-term upside potential.
Next Estimated Earnings Date: Thursday, March 27, 2025.
RAYA HOLDING: Bullish Rebound or Breakdown? Key Levels to Watch!RAYA HOLDING (EGX) is at a crucial decision point!
Trading near key support at 2.22 - 2.39 EGP, with a chance to rebound within the long-term bullish channel.
Breakout above 2.40 could lead to TP1 at 2.9 and TP2 at 3.45 🚀.
Bearish case? A breakdown below 2.1 could trigger further downside.
📊 RSI & Stoch RSI hint at potential momentum shift—what’s your take? Let’s discuss!
QNB Analysis with IndicatorsKey Observations:
Support & Resistance Zones:
Strong Resistance: 37.41 EGP (Previous high).
Current Resistance: 31.68 - 32.11 EGP (Needs a breakout for bullish continuation).
Support Levels: 31.54 EGP, 28.08 EGP, and 25.03 EGP.
Moving Averages (Blue & Red Lines):
Price is near moving averages, suggesting a retest of support or an early uptrend.
If the price stays above moving averages, it could confirm bullish momentum.
Indicators (MACD, RSI, Volume):
RSI: 54.74 (Neutral-Bullish). Needs to break above 60 to confirm strong bullish trend.
MACD: Slightly bullish crossover forming. Could signal momentum shift upward.
Volume Profile: High volume between 28-32 EGP, indicating accumulation.Trading Strategy Ideas:
📌 Bullish Scenario:
Buy above 32.11 EGP with a target of 47.41 EGP.
Stop loss below 29.50 EGP to minimize risk.
Confirmation: RSI above 60, MACD positive crossover, and increased volume.
Beltone Holding (EGX) on the 2-day timeframe**, showing a potent
### **Key Observations:**
1. **Falling Wedge Formation (Bullish Pattern)**
- The stock is trading inside a **falling wedge**, which is a bullish reversal pattern.
- A breakout above the upper trendline could trigger **strong upside movement**.
2. **Volume Profile Analysis**
- There is strong **buying interest around 2.2 EGP**, where **high trading volume** is concentrated.
- If the price breaks out, there is **low resistance until 3.23 - 3.92 EGP**, meaning **a rapid move upward is possible**.
3. **Target Levels**
- **First Target:** **3.23 EGP** (key resistance zone).
- **Second Target:** **3.92 - 4.48 EGP** (strong supply zone).
- **Final Target:** **4.83 EGP** (major resistance from historical highs).
4. **Stop-Loss & Risk Management**
- **Stop-Loss:** Below **1.99 - 1.92 EGP**, where strong support is present.
- **Risk-to-Reward Ratio:** **Highly favorable**, indicating good profit potential.
5. **Confirmation of Bullish Breakout**
- A **break and close above 2.62 - 2.70 EGP** with strong volume would confirm the breakout.
- RSI and MACD indicators (not shown) could help validate the momentum shift.
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### **Trade Plan (Bullish Setup)**
- **Entry Zone:** **2.20 - 2.62 EGP** (buy near breakout level).
- **Stop-Loss:** **Below 1.92 EGP** (if breakdown occurs).
- **Take Profit Levels:**
- **TP1:** 3.23 EGP
- **TP2:** 3.92 EGP
- **TP3:** 4.83 EGP
💡 **If the price breaks out with high volume, this trade has significant upside potential.**
bullish trade setup for **QALA
### **Key Observations:**
1. **Breakout from Resistance**
- The stock has recently **broken above a key resistance level** around **2.88 - 3.08 EGP**, indicating bullish momentum.
- A successful retest of this zone could confirm it as a **new support level**.
2. **Volume Profile Analysis**
- The **volume profile** on the right shows a strong **buying interest** around **2.4 - 2.8 EGP**, indicating strong demand.
- **Low volume areas above 3.08 EGP** suggest that price could move quickly towards the next resistance.
3. **Target Levels**
- **First Target:** **3.81 EGP** (previous high and key resistance).
- **Second Target:** **4.29 EGP** (next major resistance level).
4. **Stop-Loss & Risk Management**
- **Stop-Loss:** Below **2.42 EGP** (previous strong support level).
- **Risk-to-Reward Ratio:** Appears to be favorable (high reward potential vs. controlled risk).
5. **Trendline & Market Structure**
- A **rising trendline** supports the price action.
- The market structure remains **bullish** with **higher highs and higher lows**.
### **Trade Plan (Bullish Setup)**
- **Entry Zone:** **3.00 - 3.08 EGP** (on a retest of support).
- **Stop-Loss:** Below **2.42 EGP** (invalidation level).
- **Take Profit Targets:**
- **First Target:** **3.81 EGP**
- **Second Target:** **4.29 EGP**
If buying volume continues, the stock has a **strong chance of rallying** toward the target levels.