Daily chart, the stock TADAWUL:2270 is trading between support and resistance lines S and R respectively. Closing above R for 2 days, the price will target 417 then 439 The breakout may happen around 385 Technical indicator MACD signals a minor correction may happen soon. RSI is indicating a bullish movement. Below support line S is a stop loss.
Daily chart, stock is crossing the triangle, and is targeting 422 passing through resistance levels as shown. RSI and MACS support this view. Stop loss should be considered at 310
Daily chart, the stock is trading between support level 8.6 and resistance level at 9.5 Closing above 9.5 for 2 days, will push the price to the shown resistance levels. Consider a stop loss below 8.6, and raise the level as the price goes up for profit protection. Technical indicator MACD shows a consolidation in this range is still going on.
On the weekly chart, EMFD is pushing to cross the resistance line. Above 4.17, the targets will be 4.76, 5.13 and 5.35 RSI and MACD are positive upwards Stop loss at 3.79 should be considered
Monthly chart , I have noticed: 1. Price hit the all-high long-term resistance line (R) in years 2011, 2000, 2022, May and Dec. 2023 - So there is an acceleration. 2. High volumes since year 2021 3. Trading range is being close to the upper resistance over the past 36 months. Technically, crossing and stabilizing for 2 months above the resistance line (R), the...
Weekly chart, the technical indicators MACD and RSI are supporting the uptrend of the stock. There are resistance levels at 0.83 and 0.91 The target is 0.98 - 1.00 after crossing 0.91 Consider a near stop loss below 0.72 Note: Low volume trading on the daily time-frame.
Daily chart, the stock EGX:SUGR is trying to beat the resistance level at 73.7 2 days closing above 74, the target will be 89.9 then 96.4 extending to 99.8 The support line S should be considered for the near stop loss level for the daily time-frame. Currently at 70.5 Technical indicators RSI and MACD are supporting this bullish view.
Daily chart, ESRS stock formed a bullish chart pattern (descending triangle), and the target is 94.9, extending to 110.6 (Fibonacci extension) Technical indicators RSI and MACD are positive.
Daily chart, the stock EGX:MASR is expected to rebound from the support line S to hit the resistance line R at around 4.57 - 4.56 Immediate stop loss below S (4.22) Another bullish setup will be triggered after crossing the dashed line R1, and closing above 4.70 for 2 days, the target will be 5.6 - 5.7 passing through a resistance level at 5.2 Note :...
Daily chart, the stock EGX:HRHO is forming a rising wedge pattern (Between R and S2), where the support line S2 should be carefully monitored. A Stop Loss below line S2 should be considered. Below S2, the probability will be high to fall to S1 The technical indicators RSI and MACD are in favor of bullish movement; which should be targeting the upper resistance...
Daily chart, the stock EGX:ETRS dropped from 4.84 to 4.10 and renounced to 4.30 The technical indicators RSI and MACD are telling the price will soon go to 4.50 extendable to 4.60 Note that 4.36 level is a resistance and there may be some fluctuation around this level; before resuming upwards. Stop loss below 4.25 should be considered
Weekly chart, the stock NASDAQ:AMZN is trading in a rising expanding wedge, and the path should be hitting the resistance line R at around 230 after a little correction to around 170 Trading above 230 for 2 weeks will drive the price to 260 then 300 Note: As the current price is far from the support level (line S), a suitable stop loss level should be...
Daily chart, the stock EGX:CIEB is trading in a rising pattern (expanding triangle), and I am expecting the price will go upwards to hit the resistance line R at around 25.8 passing through the shown resistance levels. The technical indicators RSI and MACD are signalling a soon bullish rally. The Stop Loss line SL should be monitored
1-hour chart, the stock EGX:AMIA is forming a chart pattern, and is supposed to hit the upper line at around 2.65 within few days. Resistance levels at 2.47 and 2.55 Technical indicators RSI and MACD are supporting this view. Stop loss should be considered below 2.31
Daily chart, the stock ADX:AGTHIA is going bullish, forming an expanding rising trangle. The stock should cross the resistance line R3 until hitting the line R1 at around 8.0 Crossing 8.0, the target can be 9.3 extendable to 9.8 Technical indicators: MACD is positive, RSI is positive but going near over-bought zone (Be careful with a near minor...
Weekly chart, the stock ADX:BURJEEL is on a downtrend since Nov. 2023. Yet no solid signal of a rebounce. However, it should start as soon as the price reaches the support level of 2.11. It can even be earlier at 2.17 as the technical indicator RSI is near "buy" zone. A close for 2 weeks below 2.11 should be a stop loss signal. So, the new Buy should...
1-hour chart, the stock EGX:ZMID is preparing to rebound from the lower channel line R. The target should be the upper line (around 7.6) passing through some resistance levels. Technical indicator RSI is supporting this view. Stop loss below 7.05 should be considered.
Daily chart, the stock EGX:ARAB has been falling badly. The pattern is showing a possibility for 2 rebound levels: 0.352 and 0.326 Technical indicators: RSI is near a BUY zone. MACD is signalling a down movement. So, a new entry should be after the clear rebound. Be careful with this stock!