ABUK fair priceI would buy ABUK around 58.30 targeting 60 then 62
the price is fair keeping in mind the Urea value drops globally and gas crisis in Egypt, but the company is still doing well
the above is not advice to buy, keep or sell
ABUK trade ideas
Abuk Jinny Gann Grid + LevelsJinny Gann Grid & Levels are on the Chart
Jinny Gann Grid/Horizontal Lines Works as Support / Resistance.
Important levels for the Big Cycle on the chart.
Please Make sure u need to zoom in to Present to see a good picture of Important Support/Resistance
Crosses Near the price The green trend and the Red.. Expect a Reversal at the Exact point with High Probabilities.
Every line on Chart was Drawn Based on Equations... not Manually
My Theories... Implemented it to Jinny GANN R
Best Regards
Trade Wisely.
ABUKanalysis performed using the following strategies and indicators:
Law of diminishing returns
Volume price trend
Relative Strength Index (RSI)
Average True Range (ATR)
Linear Regression
Abuk Important LevelsHello Dear Traders,
- Important Levels
On the Chart "Horizontal Lines" Based on Gann Square of 9
Works as Support/Resistance. Watch for Price action around those levels
- Jinny Gann Grid
- Vertical lines works as time lines. Expect Reversal around them.
For 25-6-2024
Support : 52.62
Resistance :58.5 then 60.54
Wish you Good Luck Trading.
ABUKFull trading cycle started on 12/8/21 at 18.109, ending on 10/30/13 at 100 with a profit of 430%. The complete correction (3,3,5) closed on 4/28/24 at 58.780, resulting in a loss of 68%. A new trading cycle has begun.
Join us in investing in a first-class opportunity, capitalizing on the profit from the initial wave of Wave 1.
ABUK 22-5-2024echnical Analysis Report: Advanced Trading Strategies Using Multiple Indicators
Introduction:
In this educational video, a comprehensive approach to technical analysis is presented, focusing on the identification of trend reversals and entry points in the market. The strategy incorporates a diverse set of indicators and concepts to enhance trading precision and decision-making.
Key Components:
1. Indicators Utilized:
- Fibonacci Retracement (Fibonacci)
- Average True Range (ATR)
- Cumulative Volume Delta
- Smart Money Concepts
- Relative Strength Index (RSI)
- Trailing Stop Loss ATR
- Ichimoku Kinko Hyo (Ichimoku)
2. Objective:
The primary goal of the strategy is to pinpoint the transition from a downtrend to an uptrend, facilitating well-timed trading decisions. By combining various technical tools, traders aim to increase the probability of successful trades.
3. Trading Philosophy:
- The emphasis on Ichimoku Kinko Hyo as a foundational element underscores the strategy's commitment to deriving signals from this powerful indicator.
- The reference to being an "Ichimokian" reflects a dedication to mastering Ichimoku strategies and principles in trading practices.
Conclusion:
By integrating a spectrum of indicators such as Fibonacci, ATR, volume analysis, RSI, and Ichimoku, traders following this methodology can gain a more holistic view of market dynamics. The utilization of these tools in conjunction with each other enhances the ability to identify optimal entry and exit points, laying a strong foundation for informed and strategic trading decisions.
This video encapsulates the essence of the educational content, offering insights into the advanced technical analysis approach advocated by the "ICHIMOKUontheNILE" community.
ABUK elsa2a mat:-)ABUK ended last trading session with positive volume & above average.
All indicators witnessed the begining of the new era.
Targets, and Support & resistance are explained in the idea
ABUK the start of the new erapositive outlook
crossing Green Kumo opens the gateway to heaven
Fundamentals analysis is your KSF (key success factor)
ABUK: positive outlook68.7-69.5 EGP is THE Bearish order block.
Tried to by passed it in Thursday session, and failed.
However, the analysis demonstrated end-of-correction.
ABUK ending correction .. heading to accomplish pending businessMTF indicating ending the correction
Market structure Bull
FVGs filled
still some business are non-completed @90.5 EGP
once crossing this price band, heading toward 105EGP
ABUK is bull flaggingHigh probability trade on ABUK with potential target at 107 and 118.
Probability 70%
abuk until jun 2024This my idea for abuk journey in first half of 2024.
This is for long term invisting.
For short term venture this could be inaccurate.
ABUK, Egypt, to test 43 - 42 before rebounding to 48ABUK, EGX, on 1-hour chart:
To test support level 43 - 42 before rebounding to 48.
By crossing 48, the next target will be 53
Stop loss at 42 - 40 should be considered, as the stock has over-bought signals in the long term.
ABUK - LONGABU KIR is expected to move side ways for couple of weeks before reaching potential 53 within few weeks. Good range for buying even though EGX30 is going down
ABUK 2023/06/18ABUK in a weekly uptrend if it keeps up, higher than the support line (higher than 43 LE), if it breaks this line I am expecting to reach 40 -36 LE.
ABUK SOME ONE COLLECTING IT FOR THE NEXT FLIGHT As you can see the inverting taking to much effort,meaning some heavy shark collecting as long as he can, the bars reached lowest price and its time to collect as much as you can. EGX:ALCN
ABUK Long Term Fibonacci Retracement.What Are Fibonacci Retracement Levels?
Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur.
Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.
The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator will then create the levels between those two points.
The last downward wave remainsThree upward compound waves have been completed, and two out of three corrective bearish waves have been made, and one last wave remains, and the corrective decline ends and a new ascent begins.
NEXT MARKET MOVE UP TO 2023NEXT MARKET MOVE UP TO 2023
At the bold black line, a major area,
At the orange line, a sub area
WE CAN UPDATE AFTER BROKEN
ABUK (EGX) - Moving in Channel with BullishHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction.
ABUK (EGX) - Moving in Channel with Bullish
