we expect change in trend in this dates depend on the arc and time cycle of the stock
Analysis is based on Ichimoku, and Elliot waves. Confirmation is done by other indicators such as MACD, stochastic RSI, OBV, and RedK Everex. HeatMap & Stock screener are presented. Watch the video idea to have the full picture of the stock under analysis. watch the video for more details Disclaimer: The Content is for informational purposes only, you should...
if wave A ended, moderate Target 56EGP today is critical day. Details are in the video
End of trading session, THE strong buyer was present. Targeting 72EGP price bar Sunday , if crossed the RED KUMO with strong volume.
positive outlook crossing Green Kumo opens the gateway to heaven 89-110 consecutively FVG @ 72 is a challenge Bearish OB between 72-83 Fundamentals analysis is your KSF (key success factor)
Buyers' confidence that MPCO reached its bottom price @74.6 -74.9, will lead to the upswing
Trading above the the bullish order block Poor daily volume Resistance + 75.20, 75.75, and 76EGP RULE of THUMB: comi breakout leads to FERTILIZERS eclipse
minor correction in the short-term still positive outlook .. mid-term & long-term uptrending can increase position size by buying @FVG levels.
Green Kumo formation on 5 timeframe, TK Cross 13:50 ... FVG is on the corner. Positive uptrend, Purchase point 81.5-82, target 83.9 EGP The key success factor for this idea is the maintaining USD EGP parallel market rate above 65EGP
The demonstrated concept is based on FVG, Order Block, and Ichimoku Kinko Hyo. The narrative is in Arabic, and channeled toward Arabic speaking trader in CASE. Disclaimer: this is not an investment proposal; if you want to invest consult your investment/wealth manager.
Misr Fertilizers Production Co SAE (MFPC) weekly review is based on Ichimoku Kinko Hyo, and Haikin Ashi. The narration is in Arabic language & channeled toward Arabic Speaking EGX traders. Thank you.
Buy MFPC TO TARGET 1 = 540 After rising and stabilizing above the 540 EGY, the price targets the 1000 EGY NOTE This is not should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.
EGX:MFPC Clear uptrend continuation upon correction with Stochastic reversal and MA 50 support. Target 164.7 EGP
Please be aware of breaking below the Yellow UP Trendline That will be Bearish. Levels for possible support and resistance depending where price is located to the level on the chart. Near Resistance 108 Near support 102 Breaking below 83 Consider it officially Bear Trend.
IDEA for EGX 30 LOng trade on MFPC SL: 94.340 Tp: 125.660