EDBMtrend up
falling wedge on 1H frame
bulish Gartely on Daliy frame entry point 0.288 EGP stop loss 0.26 EGP
target 0.338 EGP then 0.385 EGP then .57 EGP
E-Finance for Digital and Financial Investments (EGX) - PotentiaHere’s a trading idea you can publish on TradingView based on the image:
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**E-Finance for Digital and Financial Investments (EGX) - Potential Reversal Setup**
📉 **Technical Analysis:**
The stock has been in a strong downtrend, forming a falling wedge pattern, which is typically a bullish reversal signal. Currently, the price is testing a key support level, and a breakout above the trendline could indicate the beginning of an upward move.
📌 **Trade Plan:**
- **Entry:** Upon confirmation of a breakout and close above the trendline.
- **Stop Loss:** Below recent lows to minimize risk.
- **Target Levels (3 Stages):**
1️⃣ **First Target:** Near the next resistance level (previous support).
2️⃣ **Second Target:** Around the mid-range resistance zone.
3️⃣ **Final Target:** At the major resistance level from previous highs.
📊 **Indicators & Confirmation:**
- Price is near a strong demand zone.
- Potential bullish divergence in volume/momentum indicators.
- Watching for confirmation from moving averages.
🚀 **Final Thought:**
A successful breakout could provide a great risk-to-reward opportunity. Always manage risk and adjust targets accordingly!
#Trading #StockMarket #TechnicalAnalysis #EGX
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You can tweak this based on your exact targets and trading style. not financial advice ! 🚀
RAYA Approaching Trendline with Bullish DivergenceRAYA is currently testing a key ascending trendline, showing signs of a potential reversal. The price action is forming bullish divergence on the RSI and other momentum indicators, suggesting a possible bounce toward previous resistance levels.
Key Observations:
✅ Price is nearing strong trendline support.
✅ Bullish divergence forming on RSI and other indicators.
✅ Volume is stabilizing, indicating potential accumulation.
✅ First target: 2.58 (major resistance), then 3.24+ if momentum continues.
✅ Stop-loss below 2.10 to manage risk.
A confirmed breakout above short-term resistance could trigger a stronger upside move. Waiting for confirmation before entering a position is crucial!
What are your thoughts? 🚀📈not financial advice
# **CONTACT Financial Holding | Bullish Reversal from Golden Fib# **CONTACT Financial Holding | Bullish Reversal from Golden Fibonacci Zone 🚀**
**Ticker**: EGX:CNFN
**Timeframe**: 1D
**Pattern**: Fibonacci Golden Ratio Reversal + Descending Trendline Breakout
### **📌 Key Analysis:**
- The price has approached the **Golden Fibonacci retracement level (0.618 - 0.705)**, a key area where buyers tend to step in.
- There is a strong **historical support zone** aligning with this golden pocket, increasing the probability of a rebound.
- The **descending trendline** is acting as resistance. A breakout above this level would confirm the bullish reversal.
- **RSI** is at a relatively low level, indicating that the stock may be oversold and primed for a reversal.
### **🎯 Targets:**
1. **4.18 EGP (0.618 Fib Retest)**
2. **4.45 EGP (0.5 Fib Level)**
3. **4.94 EGP (0.382 Fib Resistance)**
4. **6.43 EGP (Major Long-term Target from Previous Highs)**
### **🛑 Stop Loss:**
- A break below **3.25 EGP (0.79 Fib Level)** would invalidate the bullish setup.
### **🔥 Bullish Confirmation:**
- A breakout above **4.18 EGP** with strong volume.
- Positive momentum and RSI turning upwards.
If confirmed, this setup presents a **great risk-reward ratio** for a potential upside move. 🚀📈
What do you think? Let me know your thoughts in the comments! NOT FINANCIAL ADVICE⬇️
MASR: Riding the New Wave to 6 EGPMASR: Riding the Bullish Wave to 6 EGP 🚀**
MASR is forming a strong **ascending triangle pattern**, respecting its **bullish trendline** while consolidating within a key range. The price recently bounced off support and is now pushing higher, showing signs of accumulation.
### **Technical Analysis:**
🔹 The price is holding above the long-term **trendline support**, signaling strength.
🔹 The **triangle pattern** suggests a breakout could be approaching.
🔹 **MACD & RSI are bullish**, indicating growing momentum.
🔹 **Volume Profile** shows strong interest around 4.00 EGP, reinforcing support.
### **Key Levels to Watch:**
📌 **Resistance Levels:** 4.36 – 4.75 EGP → **Breakout Target: 6.00 EGP**
📌 **Support Levels:** 4.00 – 3.46 EGP → **Invalidation below trendline**
A confirmed breakout above **4.75 EGP** could pave the way for a rally toward **6.00 EGP**, following the broader bullish trend. However, patience is key, as price action should be monitored for confirmation.
🚨 **Not Financial Advice – Always Do Your Own Research!** 🚨
What are your thoughts on this setup? 📈🔥
ACT FINANCIAL (EGX) – Sideways Trade with Breakout PotentialHere’s a TradingView idea for your sideways trade setup with a potential breakout:
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**ACT FINANCIAL (EGX) – Sideways Trade with Breakout Potential**
📉 **Technical Analysis:**
The stock is currently trading within a sideways range, showing strong support and resistance levels. The price is bouncing between these levels, offering a short-term trading opportunity. However, the presence of a bullish divergence in the MACD suggests a possible breakout.
📌 **Trade Plan:**
- **Entry:** Near the lower boundary of the range, aiming for a small upward move.
- **Stop Loss:** Below the recent support zone.
- **Target Levels:**
1️⃣ **First Target:** Minor resistance within the range.
2️⃣ **Second Target:** Upper boundary of the sideways channel.
3️⃣ **Breakout Target:** If a breakout occurs, aiming for a new resistance level above the range.
📊 **Indicators & Confirmation:**
- MACD showing bullish divergence, signaling potential upside.
- Watching for volume increase as a breakout confirmation.
- Risk/Reward ratio looks favorable within the range.
🚀 **Final Thought:**
A range-bound trade with small targets offers a controlled risk setup. However, if the stock gains momentum and breaks out, it could lead to a strong bullish move. Keep an eye on key levels!
#Trading #StockMarket #TechnicalAnalysis #EGX
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not financial advice 🚀
Long,Pioneers Holding (EGX: ASPI) Pioneers Holding (EGX: ASPI) has several key financial indicators that you should consider before making any investment decisions. Here's a breakdown of the company's financial position and
performance:
fundamentals Analysis
1. Stock Performance & Valuation:
• Current Price: 0.278 EGP
• Book Value Per Share: 0.35 EGP (suggests the stock is trading below book value, which could indicate undervaluation)
• Based on Book Value Multiple → 0.60 EGP
• Based on P/E Ratio → 0.41 EGP
• The stock is currently trading at a significant discount compared to both valuation benchmarks:
o 53.7% discount to the book value multiple (0.278 vs. 0.60 EGP).
o 32.2% discount to the fair value based on the sector’s P/E ratio (0.278 vs. 0.41 EGP).
• EPS: 0.07 EGP
• 52-Week Price Change: -32.05% (significant decline, suggesting weak market sentiment or financial concerns)
2. Financial Health & Liquidity:
• Cash: 498.11M EGP
• Debt: 875.23M EGP (debt exceeds cash, leading to a net debt of -377.12M EGP)
• Net Cash Per Share: -0.19 EGP (indicating a negative net cash position, which raises concerns about liquidity and financial stability)
• Working Capital: -134.22M EGP (negative, suggesting possible short-term liquidity issues)
3. Profitability & Margins:
• Revenue: 345.92M EGP
• Net Income: 76.01M EGP (net margin of 21.97%, which is decent)
• Gross Margin: 22.94% (moderate, indicating the company retains a reasonable portion of revenue after direct costs)
• Operating Margin: 16.82% (suggesting the company has good cost control, but interest expenses may be a concern given the high debt levels)
4. Key Takeaways:
✅ Positive Factors:
• Profitable with a 21.97% net profit margin
• Trading below book value (0.278 EGP vs. 0.35 EGP), which might indicate undervaluation
• Stable earnings per share (EPS: 0.07 EGP)
⚠️ Concerns:
• High debt (875.23M EGP) relative to cash reserves
• Negative working capital (-134.22M EGP), which could pose liquidity risks
• Stock has underperformed significantly in the last year (-32.05%)
Investment Consideration:
According to Tracxn, Pioneers Holding has a Tracxn score of 34 out of 100, positioning it ahead of Beltone (29/100) but indicating room for growth compared to leading firms in the sector.
• Value Perspective: If you believe the company can improve its balance sheet and market sentiment shifts, this could be an undervalued opportunity.
• Risk Consideration: The negative cash position and high debt may pose risks, especially if interest rates rise or earnings decline.
Tech. Analysis
see the chart mark refer to GANN & Elliot wave
MM Group Egypt - Quick trading between S & R lines 1-hour chart,
the stock EGX:MTIE is trading in a rising wedge. While this is a bearish chart pattern, we can trade between the support and resistance lines (7.60 - 8.00) for the next few weeks - or until breaking either boundaries.
In case of:
closing 3 hours below line S, the target will be 7.10
closing 3 hours above line R, the target will be 8.66
A near stop loss level should be considered.