Egal - Egyptian market ascending triangle provides good entry at 13.00 level to aim the target 15.20 with a stop loss closing under 12.60
CCAP target Update If the shown flag break down (True break for 1.588 L.E) , the stock will retest the previous covid 19 low
This not mean the stock will reach the previous bottom exactly , The stock can react like "Abuk"
This only valid if the flag pattern break down
Breaking up is also probable with lower possibility
Afmc egyptSideway movement after an uptrend which means a pick up period for gaining more and increasing momentum , a nice shark 32 pattern is on weekly chart
Target = 11.88
Stop loss = 9.80
Good luck
EEII egyptPositive indicators , nice shark32 on weekly chart ,
Target = 11.84 ,
Stop loss = 8 ,
Extensions due to fibonacci gives more values up ,
Good luck in this uptrend
Flag pattern monitoring for CCAPDuring the last two weeks a noticeable change in behavior for CCAP
This start by about 20% rally uptrend , followed by accumulation in form of uncompleted Flag pattern
Completing the Flag pattern lead to the shown probable target.
SWDY Technical targets (analysis date 12 Aug 2020)SWDY break medium term trend , this is the first bullish sign since few months
SDTI OPPORTUNITY Entry on breakout @ 4.28
Stop Loss @ 3.90
1st profit target @ 5.05
2nd Profit target @ 5.70
good Luck
RTVC OpportunityEntry at break out 2.70
Stop loss @ 2.50
1st Profit target @ 2.95
Trail stop loss to entry after move up
CICH Simple AnalysisTrend Line is very respected in this paper regarding the support and resistance level
CLHO Harmonic and IchimokuCLHO is forming Bat and Crab Harmonic pattern with positive Ichimoku signal.
PHDC Harmonic and IchimokuPHDC is forming Gartely harmonic pattern with positive signal from Ichimoku
BEWARE ON STRONG RESISTANCE PULLBACK - ADIB - 30 MN - IDEAThank you for your likes and shares! Much appreciated!
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Abu Dhabi Islamic Bank sees a range forming after a long fall. Very little chance of rapid recovery.
ADIB have strong probability to come and test the red strong resistance line.
Beware on pullback down on that line.
If the market breaks the resistance, there is a strong probability of profitable long direction profitable trade.
Wait for the market to break its actual range before any entry and follow the trend after nice candlestick showing break of ADIB actual very narrow range.
