CLHO Short (midterm)Well, This is a countertrend trade, so be cautious.
1- uptrend
2- Chart pattern (bullflag)
3- Price is within downward channel that could translates to short opportunity, but in the long term the price will hit higher.
4- Also since its an uptrend so its also possible that the price will close above the blue line and continue higher from there, but since lately the price action is bearish so i would lean bearish until 7.12 EGP, then bullish from there.
5- I hope that the price wicks in the gray area above the blue trendline and from then go to the 1h tf, check if the price action turns bearish, and we can enter from there.
Check the news, also the economical situation in Egypt has been good lately and expected to do better in the coming months, so short positions should be monitored.
DYOR
A bullish crossover would add confirmation.1. Chart Pattern Analysis:**
- The chart shows a **symmetrical triangle** formation, which is a **neutral pattern** that can break in either direction.
- The price is near the **apex of the triangle**, meaning a breakout is imminent.
- **Bullish Breakout Confirmation:** The latest candle appears to be attempting a breakout above the upper trendline.
#### **2. Support & Resistance Levels:**
- **Resistance Levels:**
- **8.41 EGP (current price level)**
- **8.51 - 8.60 EGP** (previous consolidation area)
- **9.05 EGP** (potential target after breakout)
- **Support Levels:**
- **8.22 EGP** (nearby support)
- **8.11 - 8.05 EGP** (critical support)
- If the price falls below **8.00 EGP**, the pattern may fail and lead to a downtrend.
#### **3. Volume & Momentum Indicators:**
- **Volume (2.69M)**:
- A significant increase in volume is needed to confirm a breakout.
- If volume remains low, the price might retest support.
- **RSI (Relative Strength Index):**
- RSI is trending upwards but not yet in the overbought zone.
- If it crosses above **70**, it would confirm strong bullish momentum.
- **MACD (Moving Average Convergence Divergence):**
- The MACD is **slightly positive**, signalling potential bullish momentum.
- A bullish crossover would add confirmation.
#### **4. Potential Future Scenarios:**
- **Bullish Case (Breakout Above 8.51 EGP)**
- If the price breaks and sustains above **8.51 EGP**, it may target **9.05 EGP** and beyond.
- Increased volume would strengthen the breakout signal.
- **Bearish Case (Failure at Resistance)**
- If the price fails to break and closes below **8.00 EGP**, it could drop towards **7.80-7.50 EGP**.
- A breakdown below **8.00 EGP** invalidates the bullish case.
### **Conclusion & Trading Plan:**
- **Watch for a breakout confirmation above 8.51 EGP** with high volume.
- **Stop-loss below 8.00 EGP** to protect against a false breakout.
- **Upside Target:** 9.05 EGP and higher if momentum continues.
🚀
MISR FERTILIZERS The stock of Mobco is in a downward trend, forming a large double top pattern with a peak at 79.26EGP and another at 78.98 EGP. The neckline has been broken, and now we have a flag pattern that has been broken downwards. The targets are as indicated. We expect the formation of a corrective wave, as shown, or a rapid decline. We will monitor the downward movement. The stop-loss will be a break of the strong supply zone and a breakout above 57 EGP, closing above this level after compelet correction target new peak above 80EGP.
ODIN - confused but easy NGM:ODIN timeframe: 1 hour
Identified a bearish Gartley pattern with:
- Sell point: 1.61
- Targets: T1 at 1.53, T2 at 1.45
- Stop loss/rebuy: 1.65
If rebuy is triggered:
- New targets: T1 at 1.74, T2 at 1.85
- Stop loss: 1.61
MACD and RSI indicators do not support the recent price rise, aligning with the bearish pattern.
Disclaimer: This is not investment advice, only an analysis based on chart data. Consult your account manager before making any decisions. Good luck.
Side way Breaks to new all time high Hello Traders,
i can see big volume compared to the monthly trading at the ending of side way markets which will lead for a continuation for the bullish trend targets is already mentioned and it depends what you are investing for short intermediate long if we break the discount area we well go for big correction advice to sell with the retest however if we breaks the discount area huge profits coming. if you like the idea kindly show your support for more ideas to come good day.
AIH stockUfff, What a chart man. This stock was in a downtrend for over 7 years. Then for a whole year is in this triangle as its accumulate. And so far it didnt take the liquidity @0.668, it did make an attempt, but failed. Then it will try again in the coming period.
I think to trade this one we should be patient as hell, as a one year accumulation, will definitely be followed by a manipulation then to the intended direction. When i say manipulation is the one as you see on 9, 10 of April.
For now i would take short trades between the triangle upper and lower legs. If the price breaks below 0.45, and closes below it, then we are testing the trendlines below, if it breaks above 0.55, then we will move higher to 0.668.
Do your own research. This is only a TA, NEWS is very important to be tracked alongside the TA.
AIH AnalysisOk, as predicted before long ago, i gave you a good entry at 0.46, but i think there still good chance to make some money in here. Iam very much looking to take this trade, that's why i did some fundamental analysis on this stock which turned out to be a low cap stock.
Ok, lets run quickly through some facts:
1- Economy is doing great in Egypt in general, and its expected a rate cut by Q4 2025.
2- The company previous FY of 2024 ended with a total loss of almost 24 million. Q1 2025 was at loss of almost 1 million
3- There will be Q2 statement and if the company in profit it will be a plus (which is actually very hard to expect, but if its in red with 1 or 2 million EGP i still think it will not be a problem), which might offer an entry point.
To sum it up: 2024 in total loss of 24 million, now Q1 is only 1 million in loss, with expectations that the economy as a whole will do better, so this company also is expected to be in profit later down the road, which explains the surge in price.
Technically,
- This chart took more than 2 hours to understand what is going on and how we should proceed from here.
So there are two case scenarios in here, as iam technically expecting this surge to continue until at least 0.96 to 1 Egp. But of course on the technical level it will never be a straight line to 1 EGP.
So from where the price is at right now.
- Broke a huge down trendline (bullish)
- We are above weekly upper VAH (bullish)
- VWAP is reversing upwards (bullish)
- Recent liquidity has been taken (bullish)
!! Worrying, there are some huge liquidity areas under the trendline, but if whales crashing the stock to reach those areas, i would be amazed.
Now to go deep into details,
we will assume that the price closed above A1 (orange line, on the Daily and Weekly, early sign will be daily), also didn't stretch much or even beyond that zone 1, or the yellow box and will start correcting, there are three areas of interest
1- The black area, this area is not very important as the price could always ignore it (even though its Value area high VAH) and heads to an area which is more liquid and have much higher volume, however, it cant be ignored, so i would put very small amount of money into this zone.
2- The Orange area, now that's an important area as it is the 0.5-0.618 Fib level, break out of a micro trendline and this area has the potential to become a Resistance turned into Support, Additionally iam anticipating VWAP to reach that Orange area by the time price reaches this area. Further, This area has some volume, but not major.
(entry will be discussed later but if you want use the VWAP on the weekly TF as a guide along with volume, then volume spikes and increasing in volume in this area on lower tf once the price touches the VWAP on the weekly have very good hit rate)
3- The Blue area, now thats an interesting area because thats the High Volume Node on the Weekly timeframe, which means bears will face a fierce resistance to break it to the downside also 0.78 Fib level.
Now we assume that the price closed above the A1 on the weekly, and preferably above the yellow area.
then we shift our thinking into longing from this yellow zone and we will have our stoploss under the Orange area. And if you want to snipe the entry, there is a purple line in the middle of the yellow box, now confirm on lower tf once price touch this line, and look for a stoploss below this black box.
Iam very confident that the bears will take some control in the red box marked above and we will have some reaction here, but iam not sure if i should be selling everything in this level, maybe we can take some profit and rotate back during correction, will update when the time comes.
$MPRC - Beware of the bears trap** EGX:MPRC - 1-Day Timeframe**
A highly complete bearish Gartley pattern is forming.
- **Sell Point:** Around 26.50
- **Stop Loss/Reentry:** 28.17 (estimated loss: -7.00%). A close above 28.17 would signal continued upward momentum.
- **First Target:** 23.70 (estimated profit: 10.40%)
- **Second Target:** 22.00 (estimated profit: up to 16.87%)
**Notes:**
- The RSI shows weakness but remains above 70, indicating strength. A close below 70 would signal a halt to the upward trend. Until then, the stock remains positive for the long term.
- This analysis is based on the 1-day timeframe.
**Disclaimer:** This is not investment advice—only my interpretation of the chart data. Consult your account manager before making any decisions. Good luck!
bullish with signs of accumulation and Tweezer Bottom Yes! The chart is showing **bullish potential** with signs of **accumulation in a sideways range**.
### **Bullish Scenario & Accumulation Zone**
- The price is trading within a **sideways range (accumulation phase)** between **0.339 EGP (support) and 0.411 EGP (resistance)**.
- **High volume near 0.384 EGP** indicates strong buying interest in this area.
- A breakout above **0.411 EGP** could trigger a **strong uptrend**, targeting **0.459 EGP and beyond**.
### **Tweezer Bottom Confirmation**
- The presence of **tweezer bottom candlestick patterns** at support levels strengthens the bullish bias.
- If price **rejects the lower boundary (0.384 EGP) multiple times**, it confirms accumulation and potential upside movement.
### **Key Trading Strategy**
- **Entry:** Buy within the **0.384 - 0.395 EGP** zone.
- **Stop-Loss:** Below **0.339 EGP** (if accumulation fails).
- **Take-Profit Targets:**
- **0.411 EGP** (resistance breakout level).
- **0.459 EGP** (strong supply area, high-volume node).
- **0.60+ EGP** (if bullish momentum continues).
### **Final Confirmation**
- Watch for **breakout volume above 0.411 EGP** to confirm the **bullish breakout** from accumulation.
- If price **rejects 0.411 EGP again**, it might stay in accumulation longer.
💡 **If the accumulation breakout happens, this trade has great upside potential.** Would you like me to mark these zones on the chart visually? 🚀
TANM (Tanmia for Real Estate Investment) – Cup & Handle Formatio📈 TANM (Tanmia for Real Estate Investment) – Cup & Handle Formation! 🚀**
🔎 **Technical Analysis (1D Chart):**
TANM appears to be forming a **Cup & Handle** pattern, which is a classic bullish continuation setup. This pattern suggests the potential for an upward breakout if the price successfully clears resistance.
- **Cup & Handle Formation:** The stock has completed the "cup" phase with a rounded bottom, and now it's forming a "handle," typically a consolidation before a breakout.
- **Moving Averages Support:** The price is fluctuating around key moving averages, which may provide dynamic support.
- **RSI Near Neutral Zone:** The RSI is around 49-54, indicating no extreme overbought or oversold conditions, leaving room for a move in either direction.
- **MACD Neutral:** The MACD is hovering near the zero line, and a bullish crossover could confirm momentum shift.
- **Volume Considerations:** A volume surge upon breakout would strengthen the bullish case.
🔑 **Key Levels to Watch:**
- **Resistance:** **3.93 EGP** (Cup & Handle breakout confirmation level)
- **Current Support:** **3.31 - 3.30 EGP** (Crucial zone to hold)
- **Major Support:** **2.50 EGP** (Break below would invalidate the pattern)
📊 **Market Sentiment & Potential Scenarios:**
- **Bullish Breakout:** If price closes above **3.93 EGP** with strong volume, the next target could be **4.50+ EGP** based on the cup depth projection.
- **Bearish Breakdown:** A failure to hold **3.30 EGP** could lead to a retest of **2.50 EGP**, invalidating the bullish setup.
- **Neutral Consolidation:** If volume remains low, the price may continue forming the handle before a breakout attempt.
⚠️ **Risk Management & Disclaimer:**
This is **NOT financial advice**. Always conduct your own research, set stop losses, and manage risk appropriately. Patterns indicate probabilities, not certainties.
🔥 **What’s Next?**
Traders should watch for a breakout with volume confirmation. If the cup & handle pattern plays out, the stock may see a strong bullish move in the coming weeks.
📢 **What do you think? Will TANM break out? Share your thoughts below!** 👇
#TANM #EGX #CupAndHandle #Trading #StockMarket #Investing
Cup and Handle** pattern with a breakout.
- The **cup** formation represents a rounded bottom, indicating a period of consolidation and accumulation.
- The **handle** represents a minor pullback or sideways movement before a potential breakout.
In this case, the breakout seems to have occurred, as indicated by the sharp upward movement following the handle. The target price is likely projected based on the depth of the cup, which is typically added to the breakout level.
The chart suggests a **Cup and Handle** pattern with a breakout. Based on standard technical analysis, the price target is typically measured by adding the depth of the cup to the breakout level.
From the chart:
- **Cup depth** (approximate) = ~3.2 EGP (from ~3.1 to ~6.3 EGP)
- **Breakout level** = ~6.3 EGP
- **Target** = **6.3 + 3.2 = ~9.5 EGP**
### Key Levels:
- **Entry**: Around 5.5 - 6.3 EGP (breakout confirmation)
- **Stop-loss**: Below ~5.0 EGP (previous resistance turned support)
- **First target**: ~7.5 EGP (psychological resistance)
- **Final target**: ~9.5 EGP
If volume remains strong and market sentiment is bullish, the price could reach the full target. However, always watch for pullbacks and retests.
tweezers magnet = trend shift Hello Traders,
i love this price action when i see it especially on the big frames when it happens it confirms the buy or the sell option and give me more confident in my trade you will the last 3 candles first 2 was bearish and the last one turns bullish again with another day in green
*conclusion :
im going long from here to the 6.1 target this is more than 60% in profits
good luck
Bullish Breakout & Retest Setup - Great R:R Opportunity!- There's a **downtrend line** that got broken to the upside (marked with an arrow).
- After the breakout, price made a **small pullback** and seems to be finding support around the previous breakout zone.
- You're showing a **long setup** with a favourable risk/reward (small stop-loss area, large target zone).
- The oscillator below (maybe Wave Oscillator or Awesome Oscillator?) shows **momentum shifting**, which supports the bullish idea.
**Summary:**
✔ Breakout of a downtrend
✔ Retest and bounce
✔ Positive momentum building
Summary:
We have a clean bullish breakout from a short-term downtrend, followed by a textbook retest and bounce. Momentum indicators are shifting positively, suggesting a potential strong upside move.
Setup Details:
Entry: Current price (~25.60) after breakout and retest.
Stop-loss: Just below the retest low (~24.80).
Target: Major resistance zone around (~29.50 - 30.00).
Risk/Reward: Approximately 1:4 — excellent potential!
Technical Factors:
✅ Breakout of downtrend line
✅ Successful retest with bullish reaction
✅ Increasing positive momentum (oscillator turning green)
✅ Strong horizontal support below
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
⚠️ Disclaimer: This is NOT financial advice. Always do your own research and manage risk appropriately!
With green engulfing candle i will buy Hello Traders,
as we all know this company did a lot of achievements in the last 2 years in the contracting and development projects with no noticeable price move,
i can see increasing in the volume and change in the way the price move which indicates some buying purchasing power at the back keeps holding the price from going down and trying to push it higher,if you want to play it safe wait the break over 4 pounds and granted you will see the 8 pounds again so i will pay it very carefully i like to dca i will enter 40% now and see how it go next week and after the break will add another 30 and with the correction another 30
ISMQ - interested EGX:ISMQ timeframe 1 day
Created Bullish Gartley pattern, so we can see action price in this point .
Entry level around 4.45
Stop loss 4.00
First target at 5.18
Second target 5.85
NOTE : this data according to timeframe 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
TMGH Chart AnalysisTMG Holding trend has unfortunately reached a lower region than before. Despite its continuous projects' updates, it reached the mentioned support line 51.233, if it continued decreasing it might reach the support line 51.142 then 51. On the other side, this decrease isn't expected to be long. It is expected to rebound to reach the resistance line 51.386, then the resistance line at 51.631, then the resistance line 51.806