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TmghHello Dear Traders, Tmgh Important Levels on the chart (Jinny Gann square of 9 levels) Treat it as Support/Resistance . Main Up Trend-Line (Yellow Trend) Current Support 51.27 - 51.0 was Pivot/Resistance : 57 Down-Trend Channel Plotted on The chart. Cci levels -198 Indicating over Sold levels. Rsi is 39 Near Support "Near over sold" Usually around 30 Table in the Bottom left corner has some important Data . Updating old Chart by More levels and Jinny Gann Grid Wish you Best of luck Trading.
EGX:TMGH
by Magic_xD
Iron and Steel for mines and quarries: : A Promising Opportunity The stock exhibits several promising signals: -Relative Strength Index crosses 50 Moving Average Convergence Divergence crosses signal line Volume above Moving Average, except last day, over the 200-day Moving Average Touched the resistance level of 2.811 twice, forming a double bottom Factors to monitor: last day correction, it may test the 61.8% level at a stock price of 3 The stock price is at resistance, of the 50-day Moving Average It will encounter very strong resistance at 3.41
EGX:ISMQLong
by mnmabroukw36ix
Arabia Investments: A Promising Opportunity The stock exhibits several promising signals: - RSI has crossed the 50-line, indicating potential buying momentum - MACD has crossed its signal line, hinting at a bullish trend - Trading volume has surpassed the moving average, suggesting increased market activity - The stock has gained ground for 2 consecutive weeks, outperforming the 200-day moving average Market structure analysis reveals: - The stock has touched the 150% Fibonacci level twice, forming a double bottom pattern. Factors to monitor: - An upcoming stock split on May 24th - The stock is currently trading at a strong resistance level, with the 21-day moving average providing support - The stock is expected to face significant resistance at the 0.6 and 50-day moving average levels - A potential test of the 0.634 price could signal a very strong resistance zone
EGX:AIHLong
by mnmabroukw36ix
Arabia Investments: A Promising Opportunity The stock exhibits several promising signals: - RSI has crossed the 50-line, indicating potential buying momentum - MACD has crossed its signal line, hinting at a bullish trend - Trading volume has surpassed the moving average, suggesting increased market activity - The stock has gained ground for 2 consecutive weeks, outperforming the 200-day moving average Market structure analysis reveals: - The stock has touched the 150% Fibonacci level twice, forming a double bottom pattern. Factors to monitor: - An upcoming stock split on May 24th - The stock is currently trading at a strong resistance level, with the 21-day moving average providing support - The stock is expected to face significant resistance at the 0.6 and 50-day moving average levels - A potential test of the 0.634 price could signal a very strong resistance zone
EGX:AIHLong
by mnmabroukw36ix
EGX33: A Faith-Focused ApproachNavigating the Complexities of Sharia-Compliant Stock Trading: A Faith-Focused Approach The index is composed of 33 stocks: 17 from EGX30 and the remaining from EGX70EWI. Determining the correlation coefficient of the index is challenging as it's unclear whether it pertains more to EGX30 or EGX70EWI. Unfortunately, the EGX authorities haven't disclosed the weight of the components, the members of the sharia advisory board, or the sharia criteria for inclusion and the frequency of reviewing the sharia index to ensure the sustainability of its components. In the meantime, three brokerage firms have independently published their lists of sharia-compliant stocks. While these lists contradict each other, there are some areas of overlap. Notably, the EGX33 has added new sharia-compliant stocks that were excluded by the other three sharia lists. This has led to confusion regarding sharia-compliant stocks and sparked discussions about righteousness. Despite the complexities surrounding the indexes and various lists, the primary focus remains on trading sharia-compliant securities while adhering to personal faith.
EGX:ACGCEducation
by ICHIMOKUontheNILE
CCAP: negative trendThe CCAP analysis indicates a prevailing negative trend, with the stock price significantly below its moving averages and clear bearish signals from the MACD and RSI indices. Volumes are also notably down, reinforcing a lack of buying interest. However, there is a potential support zone around the 2.25 mark, which could provide some stability. For tomorrow, the outlook remains bearish unless there is a surprising influx of positive news or increased buying volume to support a reversal.
EGX:CCAPShort
by ICHIMOKUontheNILE
ORAS: Triangle Pattern Suggests Potential Breakout ORAS: Triangle Pattern Suggests Potential Breakout The chart reveals a symmetrical triangle pattern, signified by the converging trendlines. This pattern suggests a potential breakout, but the direction—upward or downward—is uncertain. The VPT indicator shows a potential positive divergence which might indicate an upcoming bullish move. However, the Efforts vs Results indicator shows mixed signals, suggesting caution. The fibonacci levels, particularly the 0.618 level, are critical as they can either act as a strong resistance or support. Monitoring volume and price action near pivotal Fibonacci levels and trendlines will be crucial to anticipate the next move. Conversely, a breakdown below the lower trendline might indicate a bearish continuation. Keep an eye on the price levels and volume for confirmation.
EGX:ORAS
by ICHIMOKUontheNILE
Comprehensive Technical Analysis and Outlook for AMOC Stock The AMOC stock chart presents a detailed technical analysis using various indicators and overlays. At the top, the Volume Price Trend (VPT) indicator highlights cumulative volume adjusted for price changes, indicating significant buying and selling pressures through its peaks and troughs. The Efforts vs. Results indicator below shows the relationship between volume and price movements, where oscillations and crossovers can signal potential trend reversals or continuations. The main price chart, which uses Heikin Ashi candles, shows a slight decline to 9.138 EGP (-0.55%). The chart also includes a Moving Average (MA9) to identify short-term trends, and volume is displayed at the bottom to gauge trading activity. The stock has experienced fluctuations, with notable upward movements but currently facing resistance around the 9.2 EGP level. Key levels of support and resistance can be inferred from the chart’s price actions and volume. The stock has been in a consolidation phase, with the price oscillating between support at approximately 8.5 EGP and resistance around 9.2 EGP. The recent price movements suggest a potential continuation of this range unless a breakout occurs. Detailed Analysis 1. Volume Price Trend (VPT): • The VPT indicator shows significant buying and selling pressures. Peaks in the VPT correspond to strong buying activity, while troughs indicate selling pressures. • Currently, the VPT is relatively stable, suggesting a balance between buyers and sellers. 2. Efforts vs. Results: • This indicator highlights the relationship between volume and price movements. Oscillations and crossovers can signal changes in market sentiment. • The recent oscillations suggest uncertainty, with no clear trend dominance. 3. Heikin Ashi Candles: • These candles provide a smoothed representation of price movements, filtering out market noise. • The recent candles show a mixed sentiment with small-bodied candles, indicating indecision among traders. 4. Moving Average (MA9): • The MA9 provides insight into short-term trends. • The stock is currently fluctuating around the MA9, indicating a lack of strong short-term momentum. 5. Support and Resistance Levels: • The stock is facing resistance at 9.2 EGP. If it breaks this level with increased volume, it could signal a bullish trend. • Support is around 8.5 EGP. If the stock falls below this level, it could signal a bearish trend. Outlook for Tomorrow For tomorrow’s trading session, the immediate outlook for AMOC stock suggests caution. The stock is at a critical resistance level of 9.2 EGP. If it breaks above this level with increased trading volume, it could signal the start of a more substantial upward move. However, if it fails to break this level and instead moves downward, it may retest the support level around 8.5 EGP. Recommendation for Investors Holding from 9.5 EGP Investors who bought AMOC at around 9.5 EGP are currently at a slight loss. Here are some recommendations: • Short-Term Strategy: If the stock breaks above 9.2 EGP with strong volume, consider holding as it might signal further gains. Set a stop-loss just below the 9.0 EGP level to minimize potential losses. • Long-Term Strategy: If you believe in the long-term potential of AMOC, consider holding the stock. Monitor key support levels, especially around 8.5 EGP. If the stock falls below this level, consider selling to limit further losses. • Risk Management: Use stop-loss orders to protect your investment. A stop-loss just below the 8.5 EGP support level can help limit losses if the stock continues to decline. Overall, closely monitoring the volume and price action, as well as market news and sentiment, will be crucial for making informed decisions.
EGX:AMOCLong
by ICHIMOKUontheNILE
1
Comprehensive Technical Analysis and Outlook for KIMA StockThe KIMA stock chart presents a comprehensive technical analysis with several indicators and overlays. At the top, the Volume Price Trend (VPT) indicator highlights cumulative volume adjusted for price changes, reflecting significant buying and selling pressures through its peaks and troughs. The Efforts vs. Results indicator below demonstrates the relationship between volume and price movements, where oscillations and crossovers can signal potential reversals or trend continuations. The main price chart, which uses Heikin Ashi candles, shows a slight increase to 7.158 EGP (+0.42%). It includes a Moving Average (MA9) to identify short-term trends, and volume is shown at the bottom to gauge trading activity. The light line on the price chart represents the Tenkan-sen from the Ichimoku cloud, which provides insight into short-term momentum and trend direction. The chart also features Fibonacci retracement levels, marking significant support and resistance levels at 0.236, 0.382, 0.5, 0.618, and 0.786. These levels help identify potential areas where the price might reverse or consolidate. Trendlines indicate a persistent downward trend since late 2023, with lower highs confirming the bearish sentiment. For tomorrow’s outlook, the stock is at a critical juncture near the 7 EGP support level. If this level holds and the volume increases, we could see a potential reversal or bounce-back, especially if it breaks above the 7.5 EGP resistance level. However, if the stock falls below 7 EGP with increased selling volume, further declines could be expected, with the next support level likely around 6.5 EGP. For investors who bought at 8.5 EGP, the situation is more delicate. If the stock begins to recover and surpasses the 7.5 EGP mark, holding on might be beneficial. However, if the downward trend continues, it would be wise to set stop-loss orders to limit further losses. Monitoring the key Fibonacci levels, trendlines, and volume trends will be crucial for making informed decisions.
EGX:EGCH
by ICHIMOKUontheNILE
Analysis of MFPC Stock with Outlook The MFPC stock chart presents a detailed technical analysis using various indicators and overlays. The Volume Price Trend (VPT) indicator at the top shows cumulative volume adjusted for price changes, revealing significant buying and selling pressure through its peaks and troughs. The Efforts vs. Results indicator below highlights the relationship between volume and price movements, where oscillations and crossovers can signal potential reversals or trend continuations. The main price chart, which uses Heikin Ashi candles, smooths out price action to make trends more apparent. Green lines indicate rising trends, while red lines denote downtrends. The stock is currently trading at 41.870 EGP, reflecting a slight decline of 1.19%. The chart also includes a Moving Average (MA 9) for short-term trend identification and a volume line indicating the traded volume during each period. Annotated on the chart are key price levels and patterns, such as Higher Highs (HH) and Lower Highs (LH), which signal trend reversals. Labels like Break of Structure (BoS) and Change of Character (CHoCH) mark significant shifts in market structure. Fibonacci retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) are drawn to identify potential support and resistance levels. Outlook for Tomorrow For tomorrow’s trading session, the immediate outlook for MFPC stock suggests cautious optimism. The stock is near a key support level around 41 EGP, which it has tested and held multiple times. If the support level continues to hold and the volume increases, there could be a potential reversal or a bounce-back. Traders should watch for a break above the 43 EGP level, which would indicate the beginning of a recovery phase. Conversely, if the stock breaks below 41 EGP with increased selling volume, further declines could be expected, with the next support level possibly around 38 EGP. Advice for Investors Who Bought Around 50 EGP Investors who bought MFPC around 50 EGP are currently facing a significant unrealized loss. For these investors, the key is to closely monitor the support and resistance levels mentioned. If the stock begins to show signs of recovery and breaks above 43 EGP, it might be worth holding on to the stock for a potential further recovery. However, if the downward trend continues and the stock breaks below 41 EGP, investors might consider setting stop-loss orders to limit further losses. Long-term investors should also consider the company’s fundamentals and any upcoming news or earnings reports that could impact the stock’s performance. In summary, while the MFPC stock is in a downtrend, the support at 41 EGP and volume trends provide a glimmer of hope for a reversal. Tomorrow’s session could be crucial, and investors should stay vigilant, particularly those who bought at higher levels around 50 EGP.
EGX:MFPCLong
by ICHIMOKUontheNILE
EGAL: Bearish Continuation with Potential DownsideThe EGAL stock, analyzed using Heikin Ashi candles, reveals the formation of a descending triangle pattern. This pattern is characterized by a descending resistance line and a relatively stable support base around the 0.786 Fibonacci retracement level, indicating potential bearish continuation. - **Heikin Ashi Candles:** Indicate a prevailing bearish momentum. - **Volume Price Trend (VPT):** Shows declining volume during upward movements, suggesting weakening buying pressure. - **Effort vs. Results Indicator:** Significant effort does not correspond to expected price gains, indicating market inefficiency and a lack of robust buying support. If the stock fails to break above the descending resistance line, particularly with notable volume, it suggests the likelihood of downward movement. A breach below the support line could lead to further declines, potentially targeting levels around 81 EGP or lower. Conversely, a breakout above the resistance line with strong volume could indicate a bullish reversal, though current indicators lean towards a bearish outlook. **Outlook for Intraday Traders:** - **Bearish Scenario:** If the stock remains below the descending resistance line, intraday traders should consider short positions if it approaches the current support level, targeting a drop towards 81 EGP or lower. - **Bullish Scenario:** If the stock breaks above the resistance line with significant volume, consider long positions, targeting the 110-115 EGP zone. **Outlook for Weekly Traders:** - **Bearish Scenario:** Monitor the stock for a potential breakdown below the current support level. A move towards 81 EGP or lower could present short-selling opportunities. - **Bullish Scenario:** Look for a decisive breakout above the resistance line. Sustained movement upwards with volume could indicate potential gains towards the 110-115 EGP range. **Recommendation for Current Holders (around 100 EGP):** - **Primary Recommendation:** Given the existing bearish indicators, consider setting a stop-loss near the current support level to mitigate potential losses. - **Secondary Recommendation:** If the stock breaks above the descending resistance line with strong volume, it might be prudent to hold for potential gains, targeting the 110-115 EGP zone. CONCLUSION: The overall sentiment for EGAL stock remains bearish unless a strong breakout above the descending triangle's resistance line is established with substantial volume. Failure to maintain the support could confirm the descending triangle with a downside target revisiting lows around the 81 EGP level or lower.
EGX:EGALShort
by ICHIMOKUontheNILE