On the daily chart, the stock COMI is trading in a channel, with a support level 47, and the target is 58.5 after crossing 53. RSI and MACD techn. indicators are positive for uptrend. A re-test at 51 - 51.5 is OK, before crossing up. Stop loss should be considered.
GBCO (AUTO formerly), EGX, on 30-min chart has a support at 5.30 crossing 5.5 will lead to target 5.95, with sub-targets 5.7, 5.80. Crossing 5.95 will target 7
NATGAS On the 30-min chart, there is 2.70 then 2.76 More targets after crossing 2.76 up to 3.2 , 3.5 in a few weeks Technical indicators RSI and MACD are positive for the up trend.
Saudi Cement 3030 15-min chart RSI technical indicator target up 60.0, 60.2, 60.5 stop loss 59.3
ATLC, on the 30-min chart, there are positive indicators RSI and MACD for reaching 4.08 Crossing the resistance level of 4.11 will push the stock to target 4.40 The stop loss level should be considered.
HRHO, is going to high over-sold area, and the technical indicators are telling the stock is targeting 16.6 then 16.8 soon. This is a 30-min chart technical analysis. Stop-loss at 15.60 should be considered for this time frame reference. On the bigger time frame, I have a forecast for 20% up in 2 months.
BTFH, on the 15-min chart has positive technical indicators to cross 3.18, then 3.24 The stock is targeting 3.68 on daily timeframe. Note this stock is volatile and your profit protection and stop loss levels should be considered.
CAT (Caterpillar), On the daily chart, the technical indicators show a high probability for the stock to test the support level 220. Then the stock will rebound to 250, and target 265. Short-term stop loss to be considered at 200
EGCH, 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.
On the daily chart, EUR/USD is most probably testing 1.07, the rebound to 1.08 and 1.11. Stop loss below 1.07, or the ascending red line.
On the 30-minute chart, ORWE is showing a short term rebound.. Above 16.24 to target 16.4 soon. Breakingout 16.4 level, the stock will target 17.2, 17.5 in few days.
TASI Saudi Tadawul Index On the daily chart, having a resistance level as technical indicator RSI is being overbought, and applying Fibonacci retracement, the index is likely to correct either 23% (11550) or 38% (11460), then rebound. The next up wave will be begin after crossing up 11750, to target 12100 Note: The weekly and monthly charts are showing positive...
HRHO, Egypt On the daily chart, the technical indicators RSI and MACD are showing positive up direction. Once the stock crosses up 20.4, easy target will come 20.7 and 21.4 Above this resistance zone, we will have 25.2 in few weeks. Note 1: Stop loss at 19 should be considered - short term, and at 14 after 25% discount Note 2: The coming free stocks distribution...
NMDC , ADX, Abu Dhabi On the daily chart, the stock is building a support in the zone 18 - 21 Once the 21 level is crossed with high volume, the uptrend will be targeting 36, passing through some resistance levels as shown on the chart. The technical indicators RSI and MACD are positive to start buying gradually while monitoring the breakout of 21. Stop loss at...
EAND , AbuDhabi, On the daily chart, the stock is moving down towards the bottom channel support line, at 20.9 - 20.8 The buying power should appear at this level, to rebound to 23.3, build support, then target 25.4 Above 25.4 with large volume will push the stock to target 29.6 Note: STOP loss at the bottom support red line with 2-3% buffer or high volume.
GOLD/USD On the daily chart, indicators and patterns have 2 possibilities: 1. Go up and re-test resistance level at 2050 - 2080 2. Break 1920 down to 1800. Then, a long journey to 2400
Positive indications and signs. Very high probability for a nice upwards move. EGX stock EGCH. Monthly chart is also very supportive for upwards trend.
BTFH Right 3, On 15-min chart, is showing a rebound from level 0.50, and is expected to trade within the shown channel until crossing up 0.80, to target 1.10 Stop loss is important at 0.50 Note: Limited-time stock right. High risk, High volatility