MOED Egypt has a potential for a breakout 0.469 / 0.520 / 0.54130-min chart
The stock EGX:MOED is trading in a falling wedge between R and S lines, and may form a bigger pennant pattern.
We need a confirmation, after closing 3 candles above 0.425, then the target will be 0.469
Above 0.470 for 3 candles, the next target will be 0.520 - extended to 0.541
Consider a near stop loss - and note the important support line at 0.400
EZZ steal, its time for correctionWhat a beautiful short opp in here.
looks like the price is just hitting a prick wall that it cant get through. Unless fresh liquidity enters the market, its short. Also check out this big rejection candle on the daily, looks very bearish tbh.
keep track of the news in the coming days, if there is any positive news, then close the trade.
#CCAP Egyptian stock#CCAP time frame 1 DAY
Created a bearish Gartley pattern
Sell point at 2.57
Stop loss / reentry 2.63 ( estimated loss -2.15% )
First target at 2.44 ( estimated profit 5% )
Second target 2.32 up to 2.24 ( estimated profit up to 13% )
and may prices still going down to around 2.00 .
the profit in this case is saving your invest from losses up to 13% .
in case the prices still rises then re entry for targets 2.75 , 2.83 , 2.93 up to 3.11.
NOTE : this data according to time frame 1 DAY
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
PHDC Short LOL, have you heard about the latest offers from Palm Hills Developments? They’ve launched a massive advertising campaign, offering apartments and villas with only a 1–3% down payment for properties that usually cost anywhere between 7 and 19 million EGP. Then, they’re allowing customers to pay very low monthly installments over 10 to 12 years. And guess what? This offer is only valid for 30 days.
Doesn’t seem logical, right?
Guess what else is happening in 39 days? The company’s earnings report—LOL. This is how such companies and “whales” manipulate the market.
According to the chart, the stock is extremely overbought, and it also appears that investors are unwilling to pay higher prices. The company notices this decline in investor interest and, anticipating a negative earnings report, they try to boost their earnings (to produce a higher-than-expected report) so investor interest spikes back up and the stock price doesn’t start trending down.
Spotting this sort of market manipulation should raise all sorts of red flags, which strengthens my idea of shorting this stock.
When it comes to technical analysis, the stock is overbought, and I think there’s a good chance for a correction. I would also expect other market participants to notice the manipulation and potentially short the stock as well.
If the first trendline breaks, wait for a retracement, then make an entry and set TP (take profit) at TP1. Move your stop-loss to breakeven. If it breaks the second trendline, then target TP2 and close the trade if the price reaches TP2.
SWDY longIt seems that the pattern just keeps repeating itself with this stock. Just HH and HL.
I have pointed out entries and exits for the two types of traders. Just for the aggressive entries, make sure you put 50% of your stake now and maybe 50% after it breaks the trendline.
Should play out good, unless something in the market changes drastically.
The stoploss is a little wide since i believe whales knows what are our next move, and they for sure would love to shake us out of the market before they hit this stock much higher.
so STICK TO THIS STOPLOSS IF YOU ARE TO TAKE THIS TRADE, and dont be greedy.
#ABUK Egyptian stock - great opportunity - great fundamental.#ABUK time frame 1 DAY
created 2 Bullish pattern ( Gartley and AB=CD ) , so we can see action price in this point but in anther hand we are in a downtrend targeted 41.00 to 35.00 especially EGX30 is negative .
Entry level at 48.00 to 48.30
Stop loss 47.50 ( loss may go to up -1.7% ) or 46.80 the last stand with loss -4%
First target at 51.75 ( with profit around 7% )
Second target 54.25 ( with profit around 12% )
Third target 56.00 ( with profit 15% )
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
In addition EGX30 is negative.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
TMG Long position updateI still believe that there is a good chance for this stock.
All the signs that i can see signals bullish bais. With that last green candle, i think there is a pretty good chance for this stock to continue upwards.
I assume the last push down was whales grabbing liquidity and shake out weak hands before the next leg up.
If you are a conservative trader, you can wait until the price breaks above this yellow line on the chart, retest it (thats where you should open a long position), and take the trade.
or if you are still aggressive enough for this trade, then stick to the SL.
Fawry short position I love Fawry stock since it has been doing well during bad times in the Egyptian market. Its really an undervalued stock that i expect it to do exceptionally well in the future. However, based on the chart (for short term) for this stock to really takes off, it need to correct, grap liquidity and to the moon from there. So i think, realistically, its has to go down in the short term to later face the its ath resistance.
so i have checked the possible scenarios for the short positions and hopefully iam right. As for now this is only TA, and i havent checked the fundamentals so iam not really sure.
for anyone who is willing to take this trade, please, check the fundamentals , and the economic conditions. always DYOR.
ACROWShorting ACROW
Well, i think that the ACROW stock is just way oversold with little liquidity that further strength the idea of pushing higher.
Having that in the back of the head, then we are looking at a short position with targets based on the resting liquidity in the market. Now two scenarios that can happen, either the price retraces so that sellers sells their positions to buyers orders in the above area then continue down, or the price will just head down searching for buy orders resting down.
I have identified the areas of interest that could be good points of entry and exit.
thats of course as long as there is no major bad news to come to flip everything bullish.
Lets hope my analysis come through :D
This is not a financial advice, and you should DYOR
#ECAP - Egyptian stock - great opportunity - great fundamental .#ECAP time frame 1 DAY
Created 2 Bullish pattern ( Gartley and AB=CD ) ,
Entry level around 22.10
Stop loss 21.00 ( loss may go to up -5% ).
First target at 24.00 ( with profit around 8% )
Second target 25.65 ( with profit around 15% )
Third target 26.80 ( with profit 20% )
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
In addition EGX30 is negative.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
Act Financial Egypt has a potential to 4.22Daily chart, the stock EGX:ACTF formed a chart pattern (triangle), and the price penetrated the resistance line R.
The target is 4.22 passing through resistance levels 3.60, 3.75 and 4.00
A re-test to line R / pivot level down to 3.40 - 3.37 may happen before the bullish movement.
So, watch carefully and consider a dynamic stop loss level.
MACD is supporting the positive view.
Sidi Kerir Egypt has an investment potential to 35 and 52Weekly chart, the stock EGX:SKPC is forming of a descending triangle.
Above the R line - around 19.8, the target will be 33 extending to 35
However, for a more safety, the new entry should be above the 21 level.
On the long term, stabilizing above 38 for 2 weeks, the target will be 50 extending to 52 (as a chart Flag pattern can be considered)
Note: Place and raise a profit protection / stop loss level as the price goes up.
Heli shortThis stock needs to be shorted ASA it reaches the red zone. Once it reaches there short this stock and place your targets above this red area.
DYOR before you take the trade. As i have no information about the company nor what it even does other than its name which looks like a housing or realstate brokers company of some sort.
TMG Long Ok this chart reminds me of Gold chart before it made the latest biggest run to the north. One of the most bullish charts that i have seen lately tbh.
I rate this trade 8.5 out of 10. That how high i believe it might play out very well, with at least 42% ROI. While risking 6 to 10 % of my money. that if the price reaches its all time high at 92 EGP. if that target hits, i will update the chart to see what the next target should be, but if it takes off from here and go up north, the sky is the limit for this stock. (only if it plays out right)
However, you should do your own analysis and take this analysis as a reference to your analysis. if my analysis and yours aligns, then consider taking the trade. If not, then go with your highest convection.
DO YOUR OWN RESEARCH, DONT FOLLOW ANYONES ANALYSIS BLINDLY, AS YOU RISKING YOUR OWN MONEY.
ABUK stock Just checked this stock, and even though all the fundamentals is bullish for this stock, something seems a bit off for me since the TA chart says otherwise since the stock is in a downtrend (which could also be considered a correction looking at the bigger picture) , as well as the fact that company earnings are on negative territory for the past two quarters.
So i ran some fundamental analysis on Chatgpt, which also gave bullish hints based on the information available.
Yet iam still leaning toward bearish scenario for this case, until the next earnings come out. If its positive, then that might be our final confirmation. if not, and their earnings still on a downtrend, then i would take the bearish opp.
below is the chatgpt analysis, and ofcourse, DYOR. This is only my POV, and i might be wrong.
1. Company Overview
Abu Qir Fertilizers is one of the largest producers of nitrogen-based fertilizers in Egypt. The company’s product range includes:
Urea fertilizers
Ammonia
Nitric acid
Various other nitrogen compounds and NPK blends
Its revenues largely depend on domestic and export fertilizer sales, which can be influenced by:
Crop prices and overall agricultural demand (both locally and internationally)
The cost of key inputs (especially natural gas)
Currency fluctuations (notably, the Egyptian pound’s performance)
2. Recent Financial Performance & Earnings Expectations
While exact current figures will depend on the latest releases, historically:
Revenue Growth:
Abu Qir has typically benefited from strong local demand for fertilizer (Egypt’s agriculture sector) and opportunities to export regionally.
Rising global fertilizer prices in the past couple of years—partly due to disruptions in supply from Eastern Europe—have often boosted revenue.
Profit Margins:
Abu Qir’s margins can be sensitive to natural gas prices (as natural gas is a feedstock for nitrogen fertilizers).
In Egypt, natural gas pricing policies for local fertilizer producers can sometimes be more favorable than in global markets, supporting higher margins.
Currency Devaluation Impact:
When the Egyptian pound weakens, exporters like Abu Qir often see revenue gains in local currency terms because they sell part of their production internationally in U.S. dollars.
However, currency fluctuations can also raise costs of any imported inputs or capital equipment.
Market Demand Outlook:
Global demand for nitrogen fertilizers is expected to remain robust in the medium term, supported by the need to increase crop yields.
Agricultural commodity prices (such as wheat, corn, etc.) influence farmer incomes and in turn fertilizer demand. Currently, demand remains relatively strong due to the ongoing need for crop security worldwide.
Earnings Expectations:
Many analysts forecast stable or modestly increasing net income over the medium term, assuming stable global fertilizer prices and a relatively favorable gas input cost in Egypt.
Macroeconomic challenges (e.g., further devaluation of the Egyptian pound or abrupt changes in energy pricing) could introduce volatility in earnings.
3. Stock Price Drivers & Outlook
Global Fertilizer Prices
Prices soared in 2022 and remained higher-than-usual in 2023 due to supply chain issues and geopolitical tensions. If fertilizer prices remain elevated, Abu Qir’s revenue can stay strong, potentially supporting share price.
Local Economic Conditions
Egyptian equities can be sensitive to local interest rates, currency moves, and investor sentiment. If interest rates remain high, some investors might rotate away from equities. Conversely, if real interest rates come down or if the currency continues to devalue, exporters like Abu Qir could benefit.
Profit-Taking and Valuation
If the stock has run up significantly over the past couple of years, short-term corrections or consolidations can happen if the market thinks shares have become expensive. Valuations (e.g., P/E ratio, EV/EBITDA) relative to peers or the broader market will influence whether investors see the stock as undervalued or overvalued.
Dividend Policy
Historically, Abu Qir has distributed dividends, which can attract income-focused investors. A consistent or growing dividend can support the share price. Any cuts or changes in the dividend policy could pose a downside risk.
Will the Stock Price Rise or Fall?
Bullish Case: Stable or rising fertilizer prices, favorable natural gas costs, continued (or growing) export revenue boosted by currency devaluation, and consistent dividend payouts could support a higher share price.
Bearish Case: A sudden drop in global fertilizer prices, local economic headwinds (such as rapidly rising interest rates or further currency turmoil), or significant cost increases (e.g., for natural gas) could pressure margins and weigh on the share price.
4. Key Watch Factors
Natural Gas Pricing: Changes in Egypt’s gas supply and pricing policies.
Fertilizer Price Trends: Global nitrogen market outlook and any major shifts in supply/demand.
Egyptian Pound Movements: Impact on export competitiveness vs. cost of imported inputs.
Dividend Announcements & Policy: Investor perception of income stability.
Regulatory Environment: Subsidies, export rules, or energy-related policies.
5. Conclusion
Earnings Outlook: Generally positive for the medium term, given resilient demand for nitrogen fertilizers and favorable local gas input costs.
Stock Price Direction: Likely to be influenced by the balance between strong fertilizer demand (and favorable currency for exports) versus macroeconomic uncertainties.
Overall, most analysts maintain a cautiously optimistic view on Abu Qir Fertilizers, provided that global fertilizer demand remains robust and local gas pricing remains supportive. However, volatility can arise from shifts in commodity prices, further Egyptian pound devaluation, or abrupt policy changes.
a long from the identified areas would be a good oppI think this stock has a chance to rise,but i would not recommend taken any action until earnings comes out i think in feb-mar 2025.
quick look into past two earnings report, showed that the company earning has been in decline for for the past two quarters. (more digging is needed to check why their earning and company overall performance is just so bad continuously).
i expect the stock to keep trending down until the earnings come out, if the earning is positive, then the stock should rise. if not, then a deeper pullback at the 0.78 should be expected and the market should decide either up from there or further down.
from my POV, i expect positive news and reboun. But it all comes down to the earnings report.
DYOR= do your own research.
Abu Qir scenarios Be careful when buying if the 47.8 level is broken, because in this case it will fall to the imbalance zone, which I think is the end of the downward wave for the stock.
Good luck everyone
Sorry for presenting the analysis in English, which I do not prefer, but because I have a problem when converting the chart to Arabic.