Decrypting the Algo..This Analysis was Hand Made.. but it is more accurate than the indicator as its buggy...
if we manage to close above the 9.41 we test 10.4* and watch what happens on 12 april ;)
support and resistance lines..
horizontal lines are Support/Resistance .
Vertical lines are time pivots .
Appreciate your Comments.
GL
Long and short term - Beni Suef is going uptrendit seems Beni Suef can be a long-term investment opportunity it needs to cross 16.8EGP to have a long-term bullish sign and another confirmation on 17.5EGP, in short term investment it is moving in uptrend swing in the price channel shown in the chart.
SPIN Target I think SPIN is going to hit this resistance line making a ~10% increase in the coming couple of days.
Super trend/ EMA/ MACD/ RSI Confluence - buy
1- super trend msg
2- EMA 14 crossing
3- MACD histogram is positive
4- RSI above 60
Confluence - sell
1- super trend msg
2- EMA 14 crossing
3- MACD histogram is negative
4- RSI below 40
Dice Sport and Casual WearDice Sport and Casual Wear "DSCW" reach major support point yesterday
a probable rebound for the stock from this point , same probability for rebound from 11000 point for EGX 30
TMGH 20% Profit Trade < 1 Month
Stable stock, Low ATR, Currently below 30 in stochastich
Low volume though, Need a confirmation candle
Entry Price ~ 6.6
Stop loss at EGP 6.3-6.4
Risking 5% of The trade value to gain 20% profit
Risk to reward: 1:4
EAST (EGX) -- probabilitiesI think if it broke the green trend line it will continue in a bullish behavior BUT if it broke the red trend line then we will see a strong bearish behavior
comi bullish signit is expected that the stock will reverse its direction and continue in a bullish sign
Idea to buy in FWRYA Thought of a buy trade
Support shows a good opportunity to buy
SL/TP based on previous point
EGTS 2021 expected TARGETEGTS almost complete sufficient sideway move enough to give the stock required strength to reach 2.5 L.E TARGET
