Trade technical Plan for FWRY stock This is my view on the trade plan for FWRY stock.
the stock is in a strong uptrend and it shows strong potential to continue this strong uptrend.
Trade technical plan for (AIFI)this is a technical plan for an obvious Cup and Handle pattern formation, Initial Entry is triggered by the break of the Handle downward channel but most importantly with higher than average VOLUME. Scaling-up can be at the break of the Neckline.
COMI.CACOMI or CIB bank at a critical point reaching the upper side of downtrend channel and a resistance at 60.00 EGP
watch CIB if break above 61 can reach 68
if can not break current level it will back to 52 level
Crazy and too many lines?i know , too many lines, just zoom in.
if u understand how to use these lines, u win big.
GL
short term analysis for Long positionsimple analysis for this stock and it seems there is a 13% up chance
xDBuying from current levels.
stop at .285
1st Target .38
2nd Target .44
Possible support and resistance
horizontal lines are Support/Resistance.
Vertical lines are time pivots.
GL
Risky targets long positions for day tradersFirst Target is 0.536EGP as we are having a strong resistance there, so we can sell half and try to catch the 2nd target of 0.573EGP (that's the highest point in the downtrend started 14 Dec.),
The risk/reward ratio is 0.8-0.85 that's why i see it risky, but why not!!
you can paper-trade it anyway to see the results and regret or celebrate later xD
My Analysis is just for fun and educational purposes not financial advice, Best of luck!
CHINYif no lower low under (90 level "3.50") then we r good to go to (180 level "5.69") as next target.
Long term is longing to upper levels on the chart.
this pattern usually goes to 270 level, then correct to 180..or 90 and rarely 45 level then reverse to higher targets between 315 and 360 level.
This was just a lazy wide analysis..
and indicator isnot working as it should...BUGGS
going for double top?Possible support and resistance . GL. horizontal lines are Support/Resistance . Vertical lines are time pivots
