KRDI: Ready to Break or Bounce? Watch These Levels!KRDI is setting up for a key move, with price holding above support at $0.62 and showing strong momentum on both the daily and hourly charts. If it reclaims $0.65 with volume, a breakout towards $0.68–$0.72 is in play. However, a pullback to $0.62 could offer a solid buy opportunity if support holds. Watching volume closely—confirmation is key. A drop below $0.60 would invalidate the setup. Let’s see how this plays out! 🚀📈
Aih Gann analysis - Important levelsWelcome to a new analysis, and today we’re breaking down the Arabia Investments Holding stock on the Egyptian Exchange. We’ll go through the chart in detail, highlight key technical levels, and discuss potential future scenarios. 🔥
🔎 Quick Overview of the Chart
🔹 The stock is currently trading at 0.519 EGP after testing strong resistance at 0.524 EGP and slightly pulling back.
🔹 We can see that the stock is moving within a rising channel defined by the white trendlines and is attempting to hold above the lower boundary to continue its uptrend.
🎯 Key Levels on the Chart
📌 Important Resistance Levels:
✅ 0.524 EGP – A very strong level. If the stock successfully breaks above it with strong closing, we could see further upside.
✅ 0.583 EGP – A key resistance zone. Breaking above it could lead to a move toward 0.645 EGP in the medium term.
📌 Support Levels:
🛑 0.469 EGP – The nearest support level. If it gets broken, we might see a drop to 0.416 EGP.
🛑 0.416 EGP – A major support zone and a potential area for a strong rebound if a correction occurs.
🚀 Possible Scenarios
📈 Bullish Scenario (Uptrend):
If the stock stabilizes above 0.524 EGP with a strong daily close, we could see an upward move toward 0.583 EGP, followed by 0.645 EGP.
Breaking above 0.645 EGP would signal a strong bullish phase.
📉 Bearish Scenario (Downtrend):
If the stock fails to hold above 0.524 EGP, we might see a corrective move down to 0.469 EGP.
A break below 0.469 EGP could push the stock lower toward 0.416 EGP, which is a key support level for a possible bounce.
🕵️ What Should We Watch for Now?
✅ Monitor the daily closing price: If we see a strong close above 0.524 EGP with high trading volume, the stock could move higher.
✅ If a pullback happens, keep an eye on 0.469 EGP as a key support zone.
✅ The overall bullish structure remains intact as long as the stock is trading within the rising channel.
💬 What’s your take on this analysis? Do you agree or see another scenario? 👇👇 Let’s discuss in the comments!
EDBMthe stock is accumulating and after breaking and close above 1.16 we are going to reach 2 L.E. in shaa allah
Cairo Oils & Soap - Gann Analysis & Future Price Projection
📈 **Market Overview:**
Cairo Oils & Soap (EGX) is currently trading at **0.268 EGP**, facing resistance around **0.295 EGP**. The price is consolidating within a structured Gann grid, with key angles and price levels playing a significant role in market behavior.
🔍 **Technical Breakdown:**
- The **450° Gann level (0.295 EGP)** acts as immediate resistance. A breakout above this zone may lead to **0.322 EGP (495°)** as the next target.
- The price has been respecting the ascending white trendline, indicating a **medium-term bullish structure**, but it must hold above **0.243 EGP (360° Gann level)** to maintain strength.
- Further resistance levels include **0.351 EGP (540° Gann level)** and **0.413 EGP (630° Gann level)**.
📊 **Potential Scenarios:**
🟢 **Bullish Case:** If the price breaks and holds above **0.295 EGP**, we could see an upward movement towards **0.322 EGP**, then **0.351 EGP** in the coming weeks.
🔴 **Bearish Case:** A breakdown below **0.243 EGP** could trigger a drop towards **0.219 EGP (315° Gann level)** or even **0.196 EGP (270° Gann level)** if sellers gain momentum.
⚠️ **Key Takeaway:**
Price action around the **0.243 - 0.295 EGP range** will dictate the next move. A strong breakout above resistance could drive bullish momentum, while failure to hold support may result in further downside.
📌 **What are your expectations for Cairo Oils & Soap? Share your insights! 🚀🔥**
Turtle arrow movement scenarioAs a result of the good news in the statements of the US president, including the trend to reduce interest rates and is expected to have a positive impact on the markets, we hope that the Egyptian market is also affected positively.
The stock's performance in the current period is positive and we hope that it will continue so it is expected a weak downward movement and then rise to the levels shown on the chart.
And beware of breaking the 340 level
Thank God always... Good luck to everyone.
MOED Egypt has a potential for a breakout 0.469 / 0.520 / 0.54130-min chart
The stock EGX:MOED is trading in a falling wedge between R and S lines, and may form a bigger pennant pattern.
We need a confirmation, after closing 3 candles above 0.425, then the target will be 0.469
Above 0.470 for 3 candles, the next target will be 0.520 - extended to 0.541
Consider a near stop loss - and note the important support line at 0.400
EZZ steal, its time for correctionWhat a beautiful short opp in here.
looks like the price is just hitting a prick wall that it cant get through. Unless fresh liquidity enters the market, its short. Also check out this big rejection candle on the daily, looks very bearish tbh.
keep track of the news in the coming days, if there is any positive news, then close the trade.
#CCAP Egyptian stock#CCAP time frame 1 DAY
Created a bearish Gartley pattern
Sell point at 2.57
Stop loss / reentry 2.63 ( estimated loss -2.15% )
First target at 2.44 ( estimated profit 5% )
Second target 2.32 up to 2.24 ( estimated profit up to 13% )
and may prices still going down to around 2.00 .
the profit in this case is saving your invest from losses up to 13% .
in case the prices still rises then re entry for targets 2.75 , 2.83 , 2.93 up to 3.11.
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
SWDY longIt seems that the pattern just keeps repeating itself with this stock. Just HH and HL.
I have pointed out entries and exits for the two types of traders. Just for the aggressive entries, make sure you put 50% of your stake now and maybe 50% after it breaks the trendline.
Should play out good, unless something in the market changes drastically.
The stoploss is a little wide since i believe whales knows what are our next move, and they for sure would love to shake us out of the market before they hit this stock much higher.
so STICK TO THIS STOPLOSS IF YOU ARE TO TAKE THIS TRADE, and dont be greedy.
#ABUK Egyptian stock - great opportunity - great fundamental.#ABUK time frame 1 DAY
created 2 Bullish pattern ( Gartley and AB=CD ) , so we can see action price in this point but in anther hand we are in a downtrend targeted 41.00 to 35.00 especially EGX30 is negative .
Entry level at 48.00 to 48.30
Stop loss 47.50 ( loss may go to up -1.7% ) or 46.80 the last stand with loss -4%
First target at 51.75 ( with profit around 7% )
Second target 54.25 ( with profit around 12% )
Third target 56.00 ( with profit 15% )
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 EGX30 is negative.
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
TMG Long position updateI still believe that there is a good chance for this stock.
All the signs that i can see signals bullish bais. With that last green candle, i think there is a pretty good chance for this stock to continue upwards.
I assume the last push down was whales grabbing liquidity and shake out weak hands before the next leg up.
If you are a conservative trader, you can wait until the price breaks above this yellow line on the chart, retest it (thats where you should open a long position), and take the trade.
or if you are still aggressive enough for this trade, then stick to the SL.
ACROWShorting ACROW
Well, i think that the ACROW stock is just way oversold with little liquidity that further strength the idea of pushing higher.
Having that in the back of the head, then we are looking at a short position with targets based on the resting liquidity in the market. Now two scenarios that can happen, either the price retraces so that sellers sells their positions to buyers orders in the above area then continue down, or the price will just head down searching for buy orders resting down.
I have identified the areas of interest that could be good points of entry and exit.
thats of course as long as there is no major bad news to come to flip everything bullish.
Lets hope my analysis come through :D
This is not a financial advice, and you should DYOR
#ECAP - Egyptian stock - great opportunity - great fundamental .#ECAP time frame 1 DAY
Created 2 Bullish pattern ( Gartley and AB=CD ) ,
Entry level around 22.10
Stop loss 21.00 ( loss may go to up -5% ).
First target at 24.00 ( with profit around 8% )
Second target 25.65 ( with profit around 15% )
Third target 26.80 ( with profit 20% )
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 EGX30 is negative.
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
Act Financial Egypt has a potential to 4.22Daily chart, the stock EGX:ACTF formed a chart pattern (triangle), and the price penetrated the resistance line R.
The target is 4.22 passing through resistance levels 3.60, 3.75 and 4.00
A re-test to line R / pivot level down to 3.40 - 3.37 may happen before the bullish movement.
So, watch carefully and consider a dynamic stop loss level.
MACD is supporting the positive view.
Sidi Kerir Egypt has an investment potential to 35 and 52Weekly chart, the stock EGX:SKPC is forming of a descending triangle.
Above the R line - around 19.8, the target will be 33 extending to 35
However, for a more safety, the new entry should be above the 21 level.
On the long term, stabilizing above 38 for 2 weeks, the target will be 50 extending to 52 (as a chart Flag pattern can be considered)
Note: Place and raise a profit protection / stop loss level as the price goes up.
Heli shortThis stock needs to be shorted ASA it reaches the red zone. Once it reaches there short this stock and place your targets above this red area.
DYOR before you take the trade. As i have no information about the company nor what it even does other than its name which looks like a housing or realstate brokers company of some sort.
TMG Long Ok this chart reminds me of Gold chart before it made the latest biggest run to the north. One of the most bullish charts that i have seen lately tbh.
I rate this trade 8.5 out of 10. That how high i believe it might play out very well, with at least 42% ROI. While risking 6 to 10 % of my money. that if the price reaches its all time high at 92 EGP. if that target hits, i will update the chart to see what the next target should be, but if it takes off from here and go up north, the sky is the limit for this stock. (only if it plays out right)
However, you should do your own analysis and take this analysis as a reference to your analysis. if my analysis and yours aligns, then consider taking the trade. If not, then go with your highest convection.
DO YOUR OWN RESEARCH, DONT FOLLOW ANYONES ANALYSIS BLINDLY, AS YOU RISKING YOUR OWN MONEY.
ABUK stock Just checked this stock, and even though all the fundamentals is bullish for this stock, something seems a bit off for me since the TA chart says otherwise since the stock is in a downtrend (which could also be considered a correction looking at the bigger picture) , as well as the fact that company earnings are on negative territory for the past two quarters.
So i ran some fundamental analysis on Chatgpt, which also gave bullish hints based on the information available.
Yet iam still leaning toward bearish scenario for this case, until the next earnings come out. If its positive, then that might be our final confirmation. if not, and their earnings still on a downtrend, then i would take the bearish opp.
below is the chatgpt analysis, and ofcourse, DYOR. This is only my POV, and i might be wrong.
1. Company Overview
Abu Qir Fertilizers is one of the largest producers of nitrogen-based fertilizers in Egypt. The company’s product range includes:
Urea fertilizers
Ammonia
Nitric acid
Various other nitrogen compounds and NPK blends
Its revenues largely depend on domestic and export fertilizer sales, which can be influenced by:
Crop prices and overall agricultural demand (both locally and internationally)
The cost of key inputs (especially natural gas)
Currency fluctuations (notably, the Egyptian pound’s performance)
2. Recent Financial Performance & Earnings Expectations
While exact current figures will depend on the latest releases, historically:
Revenue Growth:
Abu Qir has typically benefited from strong local demand for fertilizer (Egypt’s agriculture sector) and opportunities to export regionally.
Rising global fertilizer prices in the past couple of years—partly due to disruptions in supply from Eastern Europe—have often boosted revenue.
Profit Margins:
Abu Qir’s margins can be sensitive to natural gas prices (as natural gas is a feedstock for nitrogen fertilizers).
In Egypt, natural gas pricing policies for local fertilizer producers can sometimes be more favorable than in global markets, supporting higher margins.
Currency Devaluation Impact:
When the Egyptian pound weakens, exporters like Abu Qir often see revenue gains in local currency terms because they sell part of their production internationally in U.S. dollars.
However, currency fluctuations can also raise costs of any imported inputs or capital equipment.
Market Demand Outlook:
Global demand for nitrogen fertilizers is expected to remain robust in the medium term, supported by the need to increase crop yields.
Agricultural commodity prices (such as wheat, corn, etc.) influence farmer incomes and in turn fertilizer demand. Currently, demand remains relatively strong due to the ongoing need for crop security worldwide.
Earnings Expectations:
Many analysts forecast stable or modestly increasing net income over the medium term, assuming stable global fertilizer prices and a relatively favorable gas input cost in Egypt.
Macroeconomic challenges (e.g., further devaluation of the Egyptian pound or abrupt changes in energy pricing) could introduce volatility in earnings.
3. Stock Price Drivers & Outlook
Global Fertilizer Prices
Prices soared in 2022 and remained higher-than-usual in 2023 due to supply chain issues and geopolitical tensions. If fertilizer prices remain elevated, Abu Qir’s revenue can stay strong, potentially supporting share price.
Local Economic Conditions
Egyptian equities can be sensitive to local interest rates, currency moves, and investor sentiment. If interest rates remain high, some investors might rotate away from equities. Conversely, if real interest rates come down or if the currency continues to devalue, exporters like Abu Qir could benefit.
Profit-Taking and Valuation
If the stock has run up significantly over the past couple of years, short-term corrections or consolidations can happen if the market thinks shares have become expensive. Valuations (e.g., P/E ratio, EV/EBITDA) relative to peers or the broader market will influence whether investors see the stock as undervalued or overvalued.
Dividend Policy
Historically, Abu Qir has distributed dividends, which can attract income-focused investors. A consistent or growing dividend can support the share price. Any cuts or changes in the dividend policy could pose a downside risk.
Will the Stock Price Rise or Fall?
Bullish Case: Stable or rising fertilizer prices, favorable natural gas costs, continued (or growing) export revenue boosted by currency devaluation, and consistent dividend payouts could support a higher share price.
Bearish Case: A sudden drop in global fertilizer prices, local economic headwinds (such as rapidly rising interest rates or further currency turmoil), or significant cost increases (e.g., for natural gas) could pressure margins and weigh on the share price.
4. Key Watch Factors
Natural Gas Pricing: Changes in Egypt’s gas supply and pricing policies.
Fertilizer Price Trends: Global nitrogen market outlook and any major shifts in supply/demand.
Egyptian Pound Movements: Impact on export competitiveness vs. cost of imported inputs.
Dividend Announcements & Policy: Investor perception of income stability.
Regulatory Environment: Subsidies, export rules, or energy-related policies.
5. Conclusion
Earnings Outlook: Generally positive for the medium term, given resilient demand for nitrogen fertilizers and favorable local gas input costs.
Stock Price Direction: Likely to be influenced by the balance between strong fertilizer demand (and favorable currency for exports) versus macroeconomic uncertainties.
Overall, most analysts maintain a cautiously optimistic view on Abu Qir Fertilizers, provided that global fertilizer demand remains robust and local gas pricing remains supportive. However, volatility can arise from shifts in commodity prices, further Egyptian pound devaluation, or abrupt policy changes.
a long from the identified areas would be a good oppI think this stock has a chance to rise,but i would not recommend taken any action until earnings comes out i think in feb-mar 2025.
quick look into past two earnings report, showed that the company earning has been in decline for for the past two quarters. (more digging is needed to check why their earning and company overall performance is just so bad continuously).
i expect the stock to keep trending down until the earnings come out, if the earning is positive, then the stock should rise. if not, then a deeper pullback at the 0.78 should be expected and the market should decide either up from there or further down.
from my POV, i expect positive news and reboun. But it all comes down to the earnings report.
DYOR= do your own research.