Kima Egypt should target 11Daily chart, the stock EGX:EGCH is preparing to cross the resistance zone 9.1 - 9.2 Trading above 9.2 for 2 days, the target will be 11 then 11.6 passing through a resistance zone at 10 MACD indicator is positive. Stop loss below 8.8 should be considered. Longby snour5
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.by ICHIMOKUontheNILE1
KIMA's performance remains mediocreKIMA's performance remains mediocre, struggling to gain traction at the 7.87 level. It's like Deportivo La Coruña during their relegation seasons. Despite having a talented player like Lucas Pérez, who showed great potential and skill, the team struggled significantly and faced relegation from La Liga. Pérez, while a strong individual performer, couldn't turn the tide for the team on his own, illustrating the challenge of a superstar player unable to secure victories for a faltering team KIMA is like a team in the major league that just can't find its rhythm, akin to one of the worst teams in the Spanish football league, trying to score but failing to dribble past defenders.Short18:26by ICHIMOKUontheNILE2
Chicago Bulls Chart Play: EGAL's Bullish Setup Echoes 1999 ChampEGAL is in the golden zone, aiming for the 61% Fibonacci retracement, mirroring the EGX70EW. A bullish TK cross could emerge next week. The mid-point of the Bollinger Band rests at the 50% Fibonacci, with the upper band at the 61%. The 50% Fibonacci level is the current hurdle, and volume is diminishing. We're poised for a rebound by Pippen, setting up a fast break to Jordan for a slam dunk, reminiscent of the Chicago Bulls' fiery championship final game in the 1999 season. Just like then, we're aiming to dominate and clinch the world championship!Long16:02by ICHIMOKUontheNILE2
EGCH, long uptrend to 11.3 , 15.5EGCH, Egypt One the weekly chart, a technical pattern flag was formed, and the target is 11.3 Once we cross up this level, the stock should target 15.5 This is a medium term view in few months. Profit protection should be considered. Longby snour449
EGCH 23/06/18 in Supply ZoneThis stock in the supply zone if it crossed 10 LE can target the historical high by Hussein_Ismail3
KIMA EGX EGCH ready to flyPositive indications and signs. Very high probability for a nice upwards move. EGX stock EGCH. Monthly chart is also very supportive for upwards trend. Longby snourUpdated 7
EGCH, Egypt to target 9.8 in few weeksOn weekly chart, EGCH (KIMA) is drawing a flag pattern, once crossing up the resistance line, the stock will target 9.80 and more, in few weeks. Longby snour4
EgchGoals on the monthly frame 16 pounds, then 20 pounds, and I remember my words and password in the stock 8.20 Longby DrAhmedRashwan4
Small upswing, then a big downswingThree historical upward waves were created, then two corrective waves are nearing completion, and another large corrective wave is leftby KhaldHegazy1
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 BROKENby ZEROKINGS1
EGCH Harmonic and IchimokuEGCH is forming Bat and Crab harmonic pattern with positive ichimoku.Longby M-Shaaban8