Among the evidence that the chart shows is that there is an upcoming upward wave, and the current level is at 14
The stock continued to rise to the 2.20 level in a very significant way and soon returned to the 2.06 level and it became support. During the current two weeks, the stock is likely to test the 2.15 level, followed by 2.20, 2.45, 2.60, 2.9, and 3.10.
What the global atmosphere is witnessing is the escalation of the new monkey epidemic, and also the raising of drug prices in Egypt by a decision of the Egyptian Medicine Authority. Entering the diverse winter season can be more difficult than summer is a paradise for Egyptian pharmaceutical companies listed on the Egyptian Stock Exchange From my personal...
After we received the company’s business reports for the second quarter, we noticed an increase in the company’s profits by more than doubling, and this is due to the merger that took place in the company. Personally, I am a very low level entrant into the company and I do not plan to exit it in any way before 7 years from now. This is what you play in the Ras...
An Overlooked Gem in the Egyptian Market: Soaring Growth and Promising Prospects The provided text highlights an Egyptian stock that has experienced extraordinary growth over the past year, surging by over 135% in value. The stock's fair value has also witnessed an increase from 8 Egyptian pounds to 9.5 pounds, driven by its strong financial performance in the...
Rapid change with almost certain assistance from its parent company What happened during the past period is like a miracle. The company transformed after the first quarter results showed huge losses and embezzlement charges that resulted in restructuring. After the distribution of closed dividends per share was suspended at 0.75 until liquidity was available, and...
Q1 financials. Revenue is up 2.1 billion Egyptian pounds, but profits are down compared to the last 10 quarters. The company blames flat product prices while raw material costs are skyrocketing. Seriously, what's the deal? Are they just waiting for us to tell them to raise prices or cut costs? If they're asking for my advice, I'd say they need to get their act...
Exposure to "RMDA" stock On testing the resistance at the 2.20 level, it rose to approximately 5%, and there are opportunities for growth during approximately the week’s session on the 2.5 test.
On a specialized economic level, after reviewing the financial statements for the first quarter of the stock, the increase in the number of shares was marginal (in the millions) and the increase in earnings per share was also by a fraction of a penny. However, on a technical analysis level of the volume, a state of stability and exchange of shares in large...
Ebeco Company is one of the leading pharmaceutical companies in Egypt, with a long history of manufacturing and exporting medicines. Over the past two years, the company has benefited from therapeutic supply contracts to African countries through the United Nations and the African Union, which has led to significant growth in its revenues and profits. Negative...
The chart shows strong resistance for Monday at the 2.5 level that cannot be broken, and there is a lack of desire from the market maker to break this level. Support is expected at the 2.29 level. The expected scenario is that the stock will move sideways for the rest of the trading week until a "flag" is formed, after which it will break the 2.5 level and soar to...
The EGX30 index, a benchmark for the Egyptian stock market, faces a critical challenge: the concentration of its weight among a few large companies. As of May 28, 2024, the top three constituents – Commercial International Bank (CIB), Talaat Moustafa Group, and Sweden Electronics – account for a staggering 50% of the index's weight. This excessive concentration...
Over the past months, the stock has experienced a decline after it showed growth and a decline in its p/e from 9 to 7, and this should have been reflected in the price, but it was much lower. What happened was 3 years ago The pound's concerns faded against the US dollar Customs release The distribution of good profits is 0.95 piasters During the coming...
The stock has an imaginary support level at 5 Egyptian pounds and is currently trading in a resistance range between 6.30 and 6.5 Egyptian pounds, forming a flag pattern. If it breaks above the 6.70 Egyptian pound level during any weekly session, it could reach 7 Egyptian pounds, followed by 7.2 Egyptian pounds, 7.5 Egyptian pounds, and eventually 8 Egyptian...
ADPC shares are expected to break through the 2 Egyptian pound level in the coming period and reach a minimum of 3.5 Egyptian pounds within the next 3 months, starting from June 2024. The third quarter of 2024 is expected to be an unprecedented growth period for the stock. The company has delivered exceptional financial performance, with unprecedented profit...
EMSD shares are expected to experience a period of horizontal movement in the range of 6.5 to 5.2 for the next 4 weeks from the date of publication. After this phase, there will be strong support at the 5 Egyptian pound level. If the stock stabilizes during this period, it could reach levels of 7, 8, and even 12 to 30 by the end of the current year
I expect a decrease in the coming period in Bitcoin, so if you want to open a sale
This is my personal expectation. There is a rise coming within the next 24 hours, based on market measurements. During that time, I will open buy deals.