Raya Holding (EGX) – Trendline Support with Upside PotentialHere’s a TradingView idea for your trendline approach setup with targets set to the previous top:
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**Raya Holding (EGX) – Trendline Support with Upside Potential**
📉 **Technical Analysis:**
The stock is approaching a strong ascending trendline, acting as a dynamic support level. A potential bounce from this level could trigger a move towards previous resistance zones. The MACD is showing signs of bullish divergence, suggesting a possible reversal.
📌 **Trade Plan:**
- **Entry:** Near the trendline support with confirmation of a bounce.
- **Stop Loss:** Below the trendline and recent lows to manage risk.
- **Target Levels:**
1️⃣ **First Target:** 2.478 – A key resistance level and volume cluster.
2️⃣ **Second Target:** 3.243 – A previous strong resistance zone.
3️⃣ **Final Target:** 3.752 – The previous high, where selling pressure might emerge.
📊 **Indicators & Confirmation:**
- MACD forming bullish divergence, signaling momentum shift.
- Price approaching a strong support level with high probability of a bounce.
- Volume profile suggests strong interest at higher levels.
🚀 **Final Thought:**
A well-structured trade with a favorable risk/reward ratio. A bounce from the trendline could lead to a strong upside move, aiming for previous highs. Monitor price action and volume for confirmation!
#Trading #StockMarket #TechnicalAnalysis #EGX
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Not Financial Advice! 🚀
Golden Area Here’s an idea you can publish on TradingView based on the provided chart:
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🚀 **Potential Trend Reversal & Fibonacci Golden Ratio Retest!** 🚀
We're approaching a key turning point in the market! 📉➡️📈
🔹 **Descending Wedge Breakout Incoming?**
The price has been consolidating within a descending wedge pattern, typically a strong bullish reversal signal. A breakout from this structure could indicate the beginning of a new impulsive move.
🔹 **Golden Ratio Confluence (0.618 - 0.705 Fibonacci Levels)**
The price is heading toward the **golden ratio zone (0.618 - 0.705 Fib retracement)**, a historically significant level for reversals. Buyers might step in, leading to a strong bullish push.
🔹 **Elliott Wave Structure in Play**
We're potentially forming the **(1)-(2)-(3)-(4)-(5) wave count**, with wave (2) likely completing near the golden ratio before the next impulsive leg (3) to the upside.
🔹 **Potential Targets 🎯**
If we confirm the breakout, our **first major resistance** lies around the **0.5 Fibonacci level (~36.96)**, followed by the **0.382 Fib (~43.06)**. Beyond that, wave (5) could aim even higher!
🔹 **Bullish Divergence on the MACD & RSI**
Momentum indicators are showing signs of reversal, further supporting the potential bullish scenario.
🚨 **What to Watch For:**
✔️ A clear breakout above resistance for confirmation
✔️ Volume increase to support the move
✔️ Retest of broken trendline as support
🔄 If the golden ratio doesn’t hold, deeper retracements to 0.79 Fib (~22.08) remain possible, but for now, bulls seem to be preparing for action!
What do you think? 🚀 Are we ready for the next leg up? Let me know in the comments! 👇
#Crypto #Trading #ElliottWave #Fibonacci #TrendReversal #PriceAction #TechnicalAnalysis
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Let me know if you'd like any adjustments! 🚀📊its not financial advice
#ASCM - Egyptian stock / 1 hour#ASCM time frame 1 hour
Created 2 Bullish pattern ( Gartley and AB=CD ) ,
Entry level around 32.10
Stop loss 31.50 ( estimated loss -2% )
First target at 34.10 ( estimated profit around 6% )
Second target 35.50( estimated profit around 10% )
Third target 36.30 ( estimated profit 13% )
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
SDTI Target price is projected at 46.566 EGP/share withing 24 MSharm Dreams Co. for Touristic Investment S.A.E (SDTI) was founded in 1996 and specializes in the development of tourism, entertainment, and mixed-use real estate projects. The company’s property portfolio includes hotels, boutique hotels, resorts, vacation clubs, water parks, downtown areas, a spa island, real estate units, villas, and townhouses.
In the quarter ending September 30, 2024, SDTI reported revenue of 75.37 million EGP, reflecting 66.25% growth. Over the past twelve months, the company’s total revenue reached 197.36 million EGP, marking a 54.04% year-over-year increase. In 2023, SDTI achieved annual revenue of 116.58 million EGP, with a growth rate of 80.78%.
EBIT Performance (Last 5 Years):
2019: -13.07 million EGP
2020: -25.71 million EGP
2021: -12.3 million EGP
2022: 13.28 million EGP
2023: 54.41 million EGP
2024: 120.94 million EGP
The fair value, as estimated by Ostoul Capital, is 16.51 EGP/share in Feb.2024
SDTI (EGX:SDTI) has a market capitalization (net worth) of 829.22 million EGP, while its enterprise value stands at 2.48 billion EGP.
The target price is projected at 46.566 EGP/share.
Return on investment (ROI): 195.7% within 2 years
This means your investment would nearly triple in value if the target price of 46.566 EGP/share is reached. 🚀
Go Green Egypt: To be Monitored for Rebound!1-hour chart
The stock EGX:GGRN was recently rolled out in the EGX stock market, and fell sharply since then.
It should be monitored for the rebound confirmation signals; to grab the new bullish wave.
Above 1.25 will be a good entry.
However, for higher profit/risk, buy in parts down to 1.15,
then the first sell target will be 1.35
Closing above 1.35 for 3 bars with high volume, the next target will be 1.60
Consider a near profit protection / stop loss level, as this stock is volatile.
long Stock Performance & Valuation
Current Price: 5.9 EGP/share (🔼 +10.8% gain so far)
Fair Value: 7.1 EGP/share (🔼 20.3% undervalued)
P/E Ratio: 4.1X (very low, strong value play)
Market Cap: 5.48B EGP
Price Target: 8.1~9.5 EGP (+37% upside potential)
Holding Period: 12 months
Financial Performance (1H 2024)
📈 Revenue Growth: +80% YoY → Strong top-line expansion
📈 Gross Profit Growth: +110% YoY → Higher profitability efficiency
📈 Operating Profit Growth: +123% YoY → Improved operational execution
📈 Net Profit Growth: +115% YoY → Bottom-line strength
📈 Net Profit Margin: 13% (up from 11%) → Profitability improving
📌 EPS Growth: 0.81 EGP vs 0.38 EGP (YoY) → +113% growth in earnings per share
💡 Sector Strength:
Cable product revenue: +79% YoY (65% of total revenue)
Dairy product revenue: +60% YoY (16% of total revenue)
Real estate & contracting revenue: +166% YoY (8% of total revenue)
Investment Outlook & Strategy
✅ Bullish Signals:
✔ P/E ratio of 4.1X → Stock is undervalued relative to earnings
✔ Strong revenue & profit growth → +115% net profit YoY is a major positive
✔ Fair value (7.1 EGP) & TP1=price target (8.1 EGP) → Stock has a potential 37% upside
✔ Higher profitability margins (13% net profit margin)
❌ Bearish Signals & Risks:
⚠ Finance expenses surged (+176%) → Higher debt burden
⚠ Currency translation differences (-91%) → FX risk exposure
⚠ Lower gains on asset sales → One-time earnings boost may not be repeated
longKey Financial Metrics
Fair Value: 4.3 EGP (close to current levels, undervaluation is limited)
P/E Ratio: 5.1X (very low, indicating potential undervaluation)
Market Cap: 10.75B EGP
Price Target: 5.1 EGP (~18.6% upside from fair value)
Holding Period: 12 months
Financial Performance (9M 2024)
📈 Revenue Growth: +42.4% YoY (Strong top-line expansion)
📈 Net Profit Growth: +161% YoY (Impressive earnings surge)
📈 Quarterly Revenue Growth: +49.6% YoY
📈 Quarterly Net Profit Growth: +270% YoY
These numbers indicate strong operational efficiency, and the net profit margin of 4% is stable.
investment Outlook
✅ Bullish Signals:
✔ Low P/E (5.1X) → Indicates the stock is cheap compared to earnings
✔ Strong Revenue & Profit Growth → 42.4% revenue and 161% net profit growth YoY show business expansion
✔ Solid Quarterly Performance → 270% net profit growth YoY is a strong indicator of continued momentum
❌ Bearish Signals:
Market conditions & liquidity low
long _ fundamental investorYour latest update provides some positive catalysts for EFIH:
Strong Earnings Growth:
Net income for 9M 2024: 1.39495B EGP, which is 3.5% of market cap
+21% Y-o-Y growth → Indicates strong business expansion
Strategic Partnership with Visa:
Focus on digital payments, merchant solutions, and financial inclusion
Aligns with Egypt’s Vision 2030 → Government support is a plus
Expansion of Tap-on-Phone technology and digital payment services
Government-Backed Health Collaboration:
Partnership with eHealth & Egypt's UHIA → Supports long-term revenue stability
Digitalization of healthcare payments → Increases EFIH’s presence in essential services
Updated Investment Strategy:
Bullish Factors:
✅ Strong earnings growth (+21%)
✅ Visa partnership increases digital finance reach
✅ Government-backed health project adds long-term value
Bearish Factors:
❌ Still overvalued (P/E 32.64X)
❌ Short-term volatility remains a risk
If you're a momentum/speculative investor, the price target of 29 EGP could present an opportunity if market sentiment improves within year 2025
#UEGC - Egyptian stock#UEGC time frame 1 DAY
Created a bearish Gartley pattern
Sell point at 1.029
Stop loss / rebuy 1.055 ( estimated loss - loss of additional profit -2.30% )
First target at 0.973 ( estimated profit - avoid capital loss or Realized gains - 5.50% )
Second target 0.924 ( estimated profit - avoid capital loss or Realized gains - 10.50% )
Third target 0.889 ( estimated profit - avoid capital loss or Realized gains - 14% )
NOTE : this data according to time frame 1 DAY
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
MFPC Short Hello Everyone,
Have checked this stock for a shorter term opportunity on the 4h tf. The stock seems was way way way over valued and made a huge run to the upside, then now is on the way down. This downtrend only tells that buyers are not that interested on this stock at those prices, along side those who made profits from the initial run up to the upside, which now closing their positions.
Now there are entities and individuals who would love to buy this stock at lower prices, thus it only means that the stock in itself is worth the money (based on the chart and not any fundamentals, as i dont read enough about companies nowadays).
The chart this time shows two different opportunities. The first one is long and the second one is short.
The long opportunity comes as poison in honey (as we Egyptians say), its a reversal trade and going against the trend thus the stoploss is so tight and the target is marked by the yellow arrow.
Now the short opportunity comes as free money laying around, waiting to be taken. There is a short price gap, which likely to be filled, then there will be a liquidity sweep @ 50.9. Then its on.
Do your own research, and find out if the company has any upcoming news that might move the price up or down, also remember to DYOR. This is a lucrative opportunity i think, but without reading about the fundamentals then its not worth it.
#ORHD - Egyptian stock . weekly ( may loss go to 40% ) #ORHD time frame 1 WEEK
Created a 2 bearish pattern ( Gartley and AB=CD ) .
In addition there is SHARK 32 from ( 17.00 to 20.00 ) if prices close weekly higher 20.00 may still rises to 23.00 , in anther hand if prices closes under 17.00 weekly may still down to 14.00 achieved first target for the 2 bearish pattern as follow :
Sell point around 19.00 to 18.00 and wait for action .
Stop loss / reentry 20.00 ( estimated loss -6.80% ) weekly close .
First target at 15.50 to 14.00 ( estimated profit or saving invest 20% ) .
Second target 13.00 ( estimated profit or saving invest 30% )
Third target 11.00 ( estimated profit or saving invest 43% )
the profit in this case is saving your invest from losses up to 40% .
NOTE : this data according to time frame 1 week .
So i think if prices closed weekly under 17.00 , stock will go in downtrend for medium-term .
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
#GDWA Egyptian stock #GDWA time frame 1 DAY
created a patter flay pattern , also the stock in critical point .
Entry level at 4.10 to 4.20
Stop loss 3.90 ( loss may go to up 6% )
First target at 4.85 ( with profit around 15% )
Second target 5.45 ( with profit around 29% )
Third target 5.85 ( with profit 39% )
the positive thing here is MACD created a positive diversion ,
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
In addition EGX70 is in critical point
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
EGCH: Building Momentum – Eyes on the Next Move!“EGCH is setting up for a potential move with strong momentum and a bullish structure. Watching for a key reaction around the 8.40–8.50 EGP zone, where buyers could step in for continuation. If strength holds, upside potential toward 9.20–9.50 EGP is on the table. A breakout above 8.80 EGP with volume would confirm further momentum. Keeping an eye on how price reacts at these levels—let’s see how it plays out! ”
Ascm Important LevelsHello Dear Traders,
- Important Levels
On the Chart "Horizontal Lines" Based on Gann Square of 9
Works as Support/Resistance. Watch for Price action around those levels
- Jinny Gann Grid
- Vertical lines works as time lines. Expect Reversal around them.
For Today
Support : 38.38 - 38.75
Resistance :40.85 Then 43.047
Wish you Good Luck Trading.
#ALCN - Egyptian stock#ALCN time frame 1 DAY
Going to Create a bearish Gartley pattern
Sell point at 24.00
Stop loss / reentry 24.35
First target at 22.88
Second target 22.22 up to 21.70 ( estimated profit up to 8% ).
NOTE : this data according to time frame 1 DAY
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
#ASPI - Egyptian stock#MEPA time frame 1 day
Created 2 bearish patterns ( Gartley and AB=CD )
Sell point at 0.30
Stop loss / rebuy 0.31 ( estimated loss - loss of additional profit 3% )
First target at 0.281 ( estimated profit - avoid capital loss or Realized gains - 6% )
Second target 0.264 ( estimated profit - avoid capital loss or Realized gains - 12% )
Third target 0.25 ( estimated profit - avoid capital loss or Realized gains - 17% )
NOTE : this data according to time frame 1 day
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
OIH Long Thats a tough chart tbh.
Ok. So there are two patterns on here that i think are very interesting. What is most interesting is that both patterns are bullish. The first one is the bull flag, and the second one is inverted head and shoulders.
On the bearish side, there is a huge resistance on the weekly which explains both the bullish chart patterns discussed earlier. It looks like bulls prepare for another move up to break the resistance, and every attempt of bears or sellers to push the price down, the bulls push it further up.
So i have marked both my aggressive entries, marked in blue, and my conservative entry (taking all scenarios into consideration) marked in yellow.
DYOR.
Triangle pattern breakoutA bullish opportunity by breaking the upper side of the triangle at 0.54 which also represents a previous resistance, today marked the highest traded volume ever, the potential target price is around 0.7
Meanwhile by breaking 0.65 area there is a giant cup and handle breakout with a potential target of 1 EGP
Free Trade Idea: ASPI Ready for the Next Move! ASPI is setting up for a high-probability move, and I’m sharing a rare free trade with exact entry and exit levels. I don’t usually give precise entry and exit details, but this time, I’m making an exception. Ideal entry is at 0.270–0.272 EGP, targeting a move toward 0.300 EGP. Let’s see how this plays out! 🚀 Drop your thoughts in the comments
#MEPA#MEPA time frame 1 hour
created a bearish Gartley pattern
sell point at 1.34
stop loss / rebuy 1.38
first target at 1.297
second target 1.26
NOTE : this data according to time frame 1 hour
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
#ASPI Egyptian stock#ASPI time frame 1 DAY
Created a Bullish Gartley pattern
Entry level at 0.25
Stop loss 0.24
First target at 0.27
Second target 0.284
Third target 0.295
If prices close up 0.31 then there anther target at 03.328
MACD created a positive diversion that may support our idea.
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck