The stock of Commercial International Bank (CIB) on the Egyptian Stock Exchange: please exercise caution. The stock had been rising from September 2022 to its peak in March 2024, where it made a false breakout above the last peak. It then dropped to the channel's lower limit on April 30, 2024, and attempted to rise to form a new peak, but failed. A confirmation of...
Meta Stock Prediction: A Bearish Outlook Many are betting on the stock's rise, but I completely expect the opposite. Let me explain why. The stock is forming a dangerous divergence on the weekly chart with both the MACD and RSI indicators. Secondly, the stock was in a clear upward channel from August 2024 to November 2024, as shown. It then formed a downward...
Upward Trend on the Weekly Timeframe: If the trend is upward on the weekly chart, it indicates that the market's overall direction is positive, suggesting that the price of the asset may continue to rise in the long term. Inverted Head and Shoulders Pattern: This pattern is considered a bullish reversal pattern, typically signaling the end of a downtrend and the...
The stock is very clear, forming a downward trend that has been tested multiple times. As you can see, the strength of the recent decline is evident. The current price of the stock is $314.5. The sell entry point is at this level. Our first target is a new low below $265, and our second target is a low below $205.
This stock is in a strong downtrend. It has risen to test the last supply zone but couldn't break through the descending trendline. Now, it's ready to continue its downward move towards the first target, which is likely to break, but a small bounce from $106.5 to $96.5 could occur. We might take some profits from here after entering, with our bigger target being a...
The analysis of the stock you mentioned (AMGN) Daily Frame suggests the presence of a rising wedge pattern, indicating a potential price correction after a false breakout. Here’s a breakdown of the points mentioned: Rising Wedge Pattern: This type of pattern typically appears in bullish markets, but it can turn into a bearish reversal if the lower boundary of the...
The JNJ stock is in a strong downtrend and has bounced back four times from it. We expect the stock to make a new low below $140, with a stop loss if it breaks above the last high at $167.
Near-Term Correction: As you mentioned, there appears to be a divergence between the price action and technical indicators like MACD and RSI, suggesting that the upward momentum may be fading, and a price correction is likely. Descending Trend: Based on your observation, the stock is currently in a descending trend on the daily timeframe, with peaks at $414.85 in...
Now good Opportunity to sell QCOM Rising widge is breaked and it tests Entry Sell 161.70$ Target 110$ Stop Loss 182$
Today we will talk about LINKUSD's performance over the last 3 years and the most respected supply and demand zones for this currency pair, as shown. The range between $8.788 and $9.50 has been tested more than 4 times as a supply zone, then broke above it and retested it in August 2024. It was a great buying opportunity since it acted as a cluster zone between...
very strong chance in market enter 3.70$ stop loss 3$ target first 4.19 target second 4.55
GBP/USD Hourly Chart - Trade Setup The risk-to-reward ratio for this trade is 7.33, with strong price action confirmation. The setup is located within a strong demand zone on the daily chart. Entry Zone (Green Area): Between 1.27349$ and 1.27331$ Stop Loss: 1.27078$ Target Zone (Red Area): Between 1.29361$ and 1.29467$ Good luck to everyone!
ENTRY SELL FROM 900$ STOP LOSS closing above 970$ TARGET 745_715$
OG is the strongest stock analyzed today, more than excellent, a ticking time bomb that will explode next week. Its indicators are very strong. The stock was in a sideways trend between $115 and $136, and it will continue its upward trend. Enter around $134 at the beginning of the session. Our first target is in the range of $161.68 to $166.68, then the second...
The AMAT stock is on an uptrend on the daily timeframe, as I have mentioned several times. It has been able to maintain the upward momentum, and in the session before last, it opened with an excellent buying gap. This is a high-margin trade with a risk-to-reward ratio of 3:1. You can enter around $190, with a stop loss below $170. Your target is a new high above...
The IPO stock is in an upward trend on the monthly chart, and the weekly chart indicates that it is likely to reach a higher peak than $77. The downward trendline formed by the 2021 high has been broken. We will wait for a pullback and enter when the green trendline is touched or when the red downward trendline is tested. We will monitor the stock in the coming...
he ARDX stock has broken the ascending channel and has retested it after rising from $5.07 to $7.18, indicating a complex corrective wave. If the price breaks below the $5.07 support, we expect to target the $3.54 region. It’s essential to set a stop-loss at an close above $7.19
The DJT stock has broken the key support level of $12.34 and has risen to test the broken ascending channel and the supply zone from which it has previously declined multiple times. It is natural to expect a strong drop from this zone. We anticipate a decline towards the demand area, potentially with corrective movements during the descent or a direct drop. Once...