snour

snour

Weekly chart, the stock EGX:EDBM is trading in a rising channel, and the technical indicators MACD and RSI are showing the strong potential to target the resistance line R at around 0.44 (Used Heikin Ashi candlesticks to remove noise) Stop loss below 0.295 should be considered.

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Monthly chart, PHDC targets 4.33 after crossing the resistance line at 3.52 A very long term target is 9.35 after crossing the 5.0 resistance (high of April 2018) Stop loss 2.8 should be considered

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Daily chart, the stock EGX:MOIL is trading in a flag chart pattern inside an expanding triangle. I see the price has a high probability to rebound to resistance line R1 from the support zone 0.375 - 0.371, then the target will be blue line R2 (around 0.408 - 0.405) Above R2, the targets are shown on chart. Note: New entry should be after clear rebound. Stop...

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Weekly chart, the stock ADX:ADNOCDRILL has been trading in a rising channel since March 2022. The current price is near the upper channel's boundary (resistance line R). So, either a breakout around 4.85 - 4.90, or a rebound. Closing below 4.40 for 2 weeks, will push the price downwards. Above the resistance line for 2 weeks, the target will be 6.05 - 6.10

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Daily chart, the stock EGX:SKPC has formed 2 patterns: symmetrical triangle and cup. After crossing resistance line R around 30 - 31, the target will be 36 then 40 The technical indicators RSI and MACD on the weekly time-frame are signalling an uptrend. Stop loss below 28 should be considered.

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Daily chart, the stock EGX:SPMD is trading in a rising channel, and the technical indicator MACD is positive. I see the stock is preparing to break out the resistance (upper channel line R) to target 0.47 Trading above 0.47 for 2 days will activate the targets up to 0.60 Consider stop loss below 0.36

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Daily 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.

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Daily chart, after the breakout of the horizontal channel, the stock EGX:ATQA should have a pull-back, and prepare to continue upwards to target 4.7 then 5.2 The technical indicator MACD is positive. Stop loss below 4.15

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Daily chart, the stock EGX:EKHOA is drawing a chart pattern, where the targets up to 41 and 44 will be activated after crossing the resistance zone 31 - 32 The technical indicators RSI and MACD are supporting this view. Consider a stop loss below 29.5 - 29

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Daily chart, the stock EGX:TMGH is trading in a symmetrical triangle (for the last 72 candles). The orange dashed line is pivotal - Above 56, the price will go up to test the upper triangle's edge. Otherwise, the price will test the lower edge. Should consider a stop loss below 55 Technical indicators RSI and MACD are almost neutral. So, direction should...

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1-hour chart, EGX:EKHO is trading in a falling wedge. I am expecting a rebound from this zone 0.720 - 0.725 Closing for 3 hours above 0.725 will push the price to 0.750 passing through some resistance levels 0.732 , 0.740 Currently, the chart's technical Indicator RSI is inclined towards over-sold. Stop loss below 0.720

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Weekly chart, the stock EGX:MFPC was pumped to the 70's then dropped sharply to 35. It has started a rebound, expected to 51, then 54 Stabilizing for 2 weeks with high volume trading above 55, the target will be 66 - 68 Be careful, the stop loss should be considered as near as possible.

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Daily chart, the stock ADX:TAQA is still pushing downwards but the rate has slowed down. RSI is getting in the over-sold zone. So, I expect the rebound will start soon - may be in 2 weeks. Note the stop loss line. It is important to decide your own stop loss or profit protection level.

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Weekly chart, the stock formed a chart pattern, the target is 1.44 then after crossing 1.50, the next target will be 1.69 Dynamic profit protection level should be considered as the price increases.

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Weekly chart, the stock EGX:ASCM is trying to beat the resistance line R1 in the long pennant pattern. Technical indicators MACD and RSI are positively signalling a formation of an uptrend. Stabilizing above 45 for 2 weeks, the price should target 75 extendable to 94, a s a long term target. Note the stop loss and profit protection levels - Raise as the price...

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Weekly chart, the stock EGX:EEII is supposed to continue trading in the rising channel and test the resistance line at around 1.80 Trading for 2 weeks above 1.80, the target will be 2.50 - 2.55 passing through a resistance zone at 2.00 - 2.10 Technical indicators MACD and RSI are supporting this positive view. Note: Stop loss below 1.24, and to be raised...

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On the daily chart, SILVER is preparing to cross the resistance level at 23.9 - 24, then the target will be 27.7 (estimated 2 months) After crossing 28, the next target will be 31.2 MACD and RSI are supporting this view. Stop loss 23 should be considered.

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Weekly chart, The stock (in USD) has a long term uptrend opportunity - targeting 0.200 and 0.220, provided that the price stabilizes above 0.165 for 2 weeks. MACD indicator is supporting this positive view. Note: For the next week, consider the stop loss (SL) level below 0.148 for 2 weeks. Then, raise the SL level as the price goes up. Note: Heikin Ashi chart is...