Supersonic volume 3X average daily. Tenken sen is passing through the BAR & will lag for a morning coffee. this is confirmed on the 5M Timeframe.
TMGH analysis up trend for long term target 16 EGP and short term target 11 /11.85 EGP with stop loss short term clossing under 6.25 EGP and stop loss long term closing under 4 EGP
NEXT MARKET MOVE UP TO 2023 At the bold black line, a major area, At the orange line, a sub area WE CAN UPDATE AFTER BROKEN
the idea showing regardless TMGH is financially strong, its stock shall follow the market index
TMGH is now on bearish down trend, meanwhile the reversal could be soon around 5.10 LE just set back and watch it for reversal signal
Stable stock, Low ATR, Currently below 30 in stochastich Low volume though, Need a confirmation candle Entry Price ~ 6.6 Stop loss at EGP 6.3-6.4 Risking 5% of The trade value to gain 20% profit Risk to reward: 1:4
TMGH forming Bat to Crab harmonic pattern with confirmed entry.