ALCN Stock (free money)Yep as i can see in here, this is free money laying around needs to be taken. This is a classic example of an uptrend, got weak a little bit, formed a double bottom. Price made a new range. Accumulated, manipulate, then the final stage is distribution, that's were we make money.
i would give it a 9 out of 10 trade. But DYOR as my analysis could be wrong, and news could affect this stock badly.
ALCN trade ideas
#ALCN- Egyptian stock#ALCN time frame 2 hours
Created a Bullish Gartley pattern
Entry level at 21.00
Stop loss 20.80(-1.30% estimated loss )
First target at 21.70( 3.18% estimated profit )
Second target 22.30( 5.30% estimated profit )
NOTE : this data according to time frame 2 hours,
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
#ALCN - Egyptian stock#ALCN time frame 1 DAY
Going to Create a bearish Gartley pattern
Sell point at 24.00
Stop loss / reentry 24.35
First target at 22.88
Second target 22.22 up to 21.70 ( estimated profit up to 8% ).
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
Intraday trading opportunity ALCN is listed on CASE. ALCN is currently consolidating even though it is forward trending. Combining SMART MONEY CONCEPT, FVG, and Ichimoku Kinko Hyo outlined a potential intraday trading opportunity as well as medium term.
The video narrative is in Arabic language channeled toward Arabic speakers CASE traders.
Disclaimer: this is not an investing proposal but a forward thinking analysis that might be right based on the market dynamics.