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#EMFD - Egyptian stock#EMFD time frame 1 DAY Created Gartley Bullish pattern , Entry level around 6.45 Stop loss 5.90 ( estimated loss - 8% ) First target at 7.35 ( estimated profit 13% ) Second target 7.85 ( estimated profit 22% ) Third target 8.25 ( with profit 27% ) MACD and RSI show positive diversion that is may support our idea NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock . In addition EGX30 is negative. Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:EMFDLong
by tfcgeorge
Cup And Handle with big potential Hello Traders, i believe that is stock in the next year will make huge profits as a medium investor and long one for us as Dailly to week trade we can take advantage from this coming two month as a huge move will happen as it align with the money cycles and the pattern any down move is new opportunity to dca again targets as mentioned its just my opinion not more good luck.entry is from 28 to 33 and take profit one is 36 and the 2nd is 44 and last is 56 with stop loss 25
EGX:AFMCLong
by TONYMONTANA87
ETEL - strong fundamentals.EGX:ETEL 1-hour timeframe: A potential bearish Gartley pattern targets 41.50. If prices reach 41.55 (without breaking 37.00), it becomes a sell point with targets at 39.73 and 38.60. Conversely, if prices continue rising and close above 42.70, rebuy what was sold at 41.50, targeting 52.00. This setup is both strategic and supported by strong fundamentals. Disclaimer: This is not financial advice, only our analysis based on chart data. Consult your account manager before investing.
EGX:ETELLong
by tfcgeorge
CLHO Short (midterm)Well, This is a countertrend trade, so be cautious. 1- uptrend 2- Chart pattern (bullflag) 3- Price is within downward channel that could translates to short opportunity, but in the long term the price will hit higher. 4- Also since its an uptrend so its also possible that the price will close above the blue line and continue higher from there, but since lately the price action is bearish so i would lean bearish until 7.12 EGP, then bullish from there. 5- I hope that the price wicks in the gray area above the blue trendline and from then go to the 1h tf, check if the price action turns bearish, and we can enter from there. Check the news, also the economical situation in Egypt has been good lately and expected to do better in the coming months, so short positions should be monitored. DYOR
EGX:CLHOShort
by lojjkkjvvv
A bullish crossover would add confirmation.1. Chart Pattern Analysis:** - The chart shows a **symmetrical triangle** formation, which is a **neutral pattern** that can break in either direction. - The price is near the **apex of the triangle**, meaning a breakout is imminent. - **Bullish Breakout Confirmation:** The latest candle appears to be attempting a breakout above the upper trendline. #### **2. Support & Resistance Levels:** - **Resistance Levels:** - **8.41 EGP (current price level)** - **8.51 - 8.60 EGP** (previous consolidation area) - **9.05 EGP** (potential target after breakout) - **Support Levels:** - **8.22 EGP** (nearby support) - **8.11 - 8.05 EGP** (critical support) - If the price falls below **8.00 EGP**, the pattern may fail and lead to a downtrend. #### **3. Volume & Momentum Indicators:** - **Volume (2.69M)**: - A significant increase in volume is needed to confirm a breakout. - If volume remains low, the price might retest support. - **RSI (Relative Strength Index):** - RSI is trending upwards but not yet in the overbought zone. - If it crosses above **70**, it would confirm strong bullish momentum. - **MACD (Moving Average Convergence Divergence):** - The MACD is **slightly positive**, signalling potential bullish momentum. - A bullish crossover would add confirmation. #### **4. Potential Future Scenarios:** - **Bullish Case (Breakout Above 8.51 EGP)** - If the price breaks and sustains above **8.51 EGP**, it may target **9.05 EGP** and beyond. - Increased volume would strengthen the breakout signal. - **Bearish Case (Failure at Resistance)** - If the price fails to break and closes below **8.00 EGP**, it could drop towards **7.80-7.50 EGP**. - A breakdown below **8.00 EGP** invalidates the bullish case. ### **Conclusion & Trading Plan:** - **Watch for a breakout confirmation above 8.51 EGP** with high volume. - **Stop-loss below 8.00 EGP** to protect against a false breakout. - **Upside Target:** 9.05 EGP and higher if momentum continues. 🚀
EGX:CLHOLong
by TONYMONTANA87
MISR FERTILIZERS The stock of Mobco is in a downward trend, forming a large double top pattern with a peak at 79.26EGP and another at 78.98 EGP. The neckline has been broken, and now we have a flag pattern that has been broken downwards. The targets are as indicated. We expect the formation of a corrective wave, as shown, or a rapid decline. We will monitor the downward movement. The stop-loss will be a break of the strong supply zone and a breakout above 57 EGP, closing above this level after compelet correction target new peak above 80EGP.
EGX:MFPCShort
by IbrahimTarek