snour

snour

Weekly chart, the stock is trading in a falling expanding triangle, with a tendency to cross the resistance line. After crossing at around 0.430, the target will be 0.530, then zigzag upwards up to 0.903 passing through the shown resistance levels. Technical indicators RSI and MACD are positive.

snour

Weekly chart, the stock (COSG) is trading in a rising channel, and is inclined to cross the resistance. Above resistance line, the target will be 0.549, extending to 0.579 then 0.621 Technical indicators MACD and RSI are supporting this view.

snour

Daily chart, the stock has formed an expanding triangle chart pattern, and is preparing to cross the Resistance line (blue). After crossing, the target will be 11.4 Stop loss should be considered below 6.85

snour

Daily chart, the stock is trading in a rising channel, and is inclined to test the support line (Red), then rebound to the resistance line (blue) Below support, the target is 4.62. Above the support, the target is 7.76 (Crossing at around 6.66 - 6.70)

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30-min chart, I chose this "little" time-frame to see intra-day sentiments. This is not for opening new positions. Be careful! Higher probability for testing the support (red) line, then rebound upwards; as the technical indicator Stochastic RSI is 0, and the volume is decreasing with price decrease. After crossing the resistance (blue) line, the target will...

snour

Daily chart, the stock (EPCO) is trading in a rising wedge, and the technical indicators RSI and MACD are reflecting a tendency to complete upwards to the resistance line (blue) - around 7.05 After crossing the resistance line up, the target will be 8.90 extending to 9.05

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1-hour chart, the stock (Speed Medical, Egypt) is trading in a falling expanding wedge pattern, and is getting into technical indicator RSI buy area. The Ichimoku chart signals a change to up-movement. So, the higher probability is a rebound to the resistance line. After crossing up, the target will be 0.655

snour Updated 

Monthly chart, NIFTY50 has formed a chart pattern that pushes the level to 21900, then probably a flag pattern to target 28000 Technical indicators: MACD is positive. RSI is near over-bought (almost 70), and may need some correction to cool down - before further upwards movement. Support is at 19000

snour

Daily chart, the stock formed a chart pattern pennant, and crossed the resistance line, then the targets should be 38.55 and 41.27 Technical indicators RSI and MACD are positive.

snour

Daily chart, the stock formed a chart pattern (rising wedge), the target is 3237 There is a resistance (dashed grey line) in the way; where some correction may happen.

snour Updated 

On the daily chart, the pattern being drawn, and indicators RSI and MACD are showing the stock is going to trade in zigzag until crossing the resistance line (blue), the target is 300 Crossing 300, will open the probability to target 560 in the long term (monthly chart) Stop loss (225 - 220) should be considered.

snour Updated 

Daily chart, the stock is trading in an expanding triangle with a tendency to cross the resistance. After crossing (at around 783), the target will be 930, extending to 1099 Technical indicator RSI is positive Support A line should be considered for a stop loss level. Below support line A, the stock will have higher tendency to test support B.

snour

Daily chart, Delta Sugar, Egypt, has formed a triangle chart pattern and the target is 95. The next target is 113 after the clear crossing of 96 Below the support line (red), stop loss should be considered. RSI and MACD are positive.

snour Updated 

1-hour chart, Note: Using Heikin Ashi candlesticks because of the low volume - and this is not suitable for daily trading. Fanar Contracting (FNAR) seems trying to rebound to test resistance. The target is 2.10 After crossing the resistance, the longer-term target will be 2.45 Tech. indicators RSI and MACD are positive. However, the low trading volume decreases...

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Daily chart, the stock has formed 2 patterns, rising channel and cup & handle. The first target is 230.9 and the second is 272.2 (on the weekly chart) The technical indicator RSI is at the over-bought area, and it means some correction is due, before going up. Stop loss at 205 - 200 to be considered.

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Daily chart, the pair can test the support line A, and most probably break down - as the technical indicator RSI broke down its Moving Average line (MA). Below support line A, the next support is line B. However, I expect a rebound from support B at around 1.073 to the resistance line, and then to 1.175

snour Updated 

Daily chart, the MSFT stock is trading in an expanding triangle. After crossing resistance A (green), the target will be 410, after crossing resistance C (GREY dashed|), the target will be 490 (targeting the blue resistance B line

snour

Weekly chart, the stock is trading in an expanding triangle, with positive technical indicators RSI and MACD. After crossing the resistance line (BLUE) - at around 5.7, the target will be 9.38 Below the support line, the stop loss should be considered.