The decline is in controlTwo downward corrective waves have been completed and one final downward wave is left to complete three historical downward corrective waves.
Complete analysis of Telecom EgyptThe ascent for Telecom Egypt, I think, is over or nearing completion, with two peaks being made, and from which it will descend to test its historical bottom.
The last downward wave remainsThree upward compound waves have been completed, and two out of three corrective bearish waves have been made, and one last wave remains, and the corrective decline ends and a new ascent begins.
A big corrective wave is comingFive bullish historical waves have been created, and we are at the end of a fifth wave, and three bearish corrective historical waves are in progress.
Head and shoulders formationFive historical upward waves were created, after which three corrective waves followed for this rise, and two waves were completed, and a final downward wave remains in order to end the correction and start a new rise.. Let us see
Landing expectedA historical compound rise was made in three waves, followed by a historical correction in three other waves, and we are currently in the second wave nearing its end, and a third and final wave will descend in order for the historical correction to complete and a new impulse to rise at that time.
long-term investment opportunitygood to buy for 2-3 year long term investment for 3x return.
support and resistance lines..
horizontal lines are Support/Resistance .
Vertical lines are time pivots .
Appreciate your Comments. GL Gann fans .
Zmid LongTermFinaly?
Closed above 5.55 which is Great for A Relief Rally.
Rsi Broke its MA.
Stochastic is Bullish.
Resistance:
6.45
6.80
11
Support:
5.55
5.38
5.22
5.15
4.92
Stop Close under 4.80
Looks like Tefa Took Permission for UP
Your Comments are Appreciated .
Good luck to u all.
Great OprtunityAnd u know When i say The title .
Great area to buy!
Channels with possible Support and resistance.
Good luck!
FwrySupport Levels
3.67 3.5 3.36
stop today Close below 3.67 for 2 Daily Candles
Fib Levels
Probable Parallel Channels
Gap at 3.17 :@
A reversal indication This is not a financial advice, it is only my opinion
The circles 2 spinning top indicates a reversal pattern that may happen. Spinning tops aren’t 100% guaranteed reversal, would update this post after market start.
Weekly Technical Analysis For EFIHTHIS IS NOT AN INVESTING ADVICE, I AM ONLY SHARING MY THOUGHTS, AND WOULD LOVE TO HEAR YOURS
The stock is showing mixed signals, so it may not be a great thing to buy at this time, this is my own opinion. BUT their is hope to a bullish happening soon. i think that if it stayed above the trendline and above the support @ 18.2, this may be a good sign that the stock is regaining strength.
Bullish (FWRY)THIS IS NOT AN INVESTING ADVICE, I AM ONLY SHARING MY THOUGHTS, AND WOULD LOVE TO HEAR YOURS
As you can see a BOS has occurred which indicates a bullish movement, so as long as the price stays above 6.299 this will ensure bullish.
EFIH Long Term Target.Target between 26 and 28.67
Good Buy opportunity.
Support 15.5 then 13.51
but Reversal was Yesterday.
support and resistance lines..
horizontal lines are Support/Resistance .
Vertical lines are time pivots .
Appreciate your Comments. GL Gann fans .
Big drop coming?My view on the Weavers is that we are at the end of the remaining ascent, a small sub-wave is completed, and from which a large triple decline begins
The correctional rally is about to endThe upward correction of wave C is about to end, from which another large decline will begin
Small upswing, then a big downswingThree historical upward waves were created, then two corrective waves are nearing completion, and another large corrective wave is left
Short term strategy I believe the container will be there at the lowest point, so start buying put your stop losses, percentage 2% max, earning, 4%
AMOCEGX:AMOC
One of the best stocks in Egyptian Market, Good opportunity to buy at current levels 7.6 - 7.8
It has to be watched closely till it closes above 8 EGP, once done it should fly high.
Else, close the trade asap and wait a bit more for good entry.
Good Luck
Bearish (EFIH)THIS IS NOT AN INVESTING ADVICE, I AM ONLY SHARING MY THOUGHTS, AND WOULD LOVE TO HEAR YOURS IN THE COMMENTS EGX:EFIH
The stock broke the trend line, was supposed to stabilize above 19.5 but did not, so next support @ 18.24. Not good at all until going above the 19.5 and stabilizing above it
Fake BearishTHIS IS NOT A FINANCIAL ADVICE, THIS IS ONLY A PERSONAL OPINION, WOULD LOVE TO HEAR YOURS IN THE COMMENTS
I believe this drop in price is only a correction due to the huge jump from 45 to 47.8. The price broken the trend line and is supposed to have a strong support @ 47.965 and 46.614. The final support before a bearish would be 43.04.
So to conclude i believe that if it continues above 43.04 , this is still a potential bullish sign.
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