We have High risk in this position but we can skip it
Thank you for your likes and shares! Much appreciated! __________________________________________________ Abu Dhabi Islamic Bank sees a range forming after a long fall. Very little chance of rapid recovery. ADIB have strong probability to come and test the red strong resistance line. Beware on pullback down on that line. If the market breaks the resistance,...
To consider buying EGX:SWDY I think it would be important to have the market breaking above the black line and closing considerably above the 10 in an upcoming day (Above the green rectangle ) .It would very likely then to continue up to around the 12.5-13.5 area (first blue rectangle) with a potential to reach the 16-17 area at the second blue rectangle . For...
A negative Elliot wave scenario for EGX30 under 11000 may go down to 7800 as a first target then down to 6000 but above 11000 will cancel this scenario Sell in May and go away
A strong bullish trend break from 2016 The stock is expected to decline to test the support of Area 41 and 37
to test the support of the region 6.5 to 6.1 and
The stock is in a bullish wave on the weekly frame, and it is expected that the support will be tested in the areas of 1.478 and 1.356 It is an appropriate support area for purchase Resistances 2.1 first goal 2.9 second goal
ATQA Long position entry 3.26 & tp 3.61 & sl 3.13
Strong bearish trend, March closing at 6.10 Waiting to close the month of April to confirm the shift to the upside To target 11.00
Technical Analysis = ** Upward trend is expected for the stock to drop to test the support at 6.40 levels = 6.00 Then rise to test the resistance level 7.90 Bearish trend ** Closing the candle on a lower day support level 6.00 expected test support 5.00 I prefer the downside of the tense situation in the tourism sector
Based upon "Time Cycle Oscillators" published in IFTA journal 2018. "Wave Period Zone Oscillator" published in IFTA Newsletter December, 2017. Expected volatility after the SHI/SHO/WPO/WPZO forms a pressure wave (PW). the volatility is higher when the PW is longer. Akram
depending on- monthly trend line for EGX30 and Fibonacci retracement, expected to see EGX30 test 7000 and then bounce. as now EGX 30 RSI14 oversold while still, the market does not have enough confidence to buy.
the EZZ steal in a downtrend. the strong support at 3.25L.E the Stock overload, RSI in daily frame show less than 14 the target will be 5.00 LE