Excellant performance by EGX30

      For the second day , EGX30 is acting above 5100, this gives signs to continuation to 5300- 5400 level, which means that the market is going to break the wedge formation up. ( u know what will be the target ” 1000 up” can u believe it ).

On the short and medium term, we broke the dowmtrend trend to uptrend, if we break 6200 resistance , it means that we broke our major down trend line, at this time u can say we are short, medim, long  are uptrend direction.

Club ur hands for the egyptian market.

Ghada

Hellooooooooo Everybody

               Hi to everyone, wishing a nice weekend, today EGX closed high , moving to cross the 5000 resistance level, our coming target is 5200 – 5300, we are overbought, but u can make profit taking at this point, ppl side talks about AICR that  will be trades inside the counter at very soon.

Nice weekend

GEGOO

Egyptian market is on fire

       Trading at the resistance level 4900-5000 , still the selling power is not strong in the market , we recommend that hold the existing positions but reversal signals appear.  

watch pyramisa, raya, lecico , uegc, lakah, daph.

Hi everybody

 This is my first post, I am so excitied,  I  have a small comment on the Egyptan stock market , If we are trading between 4200 – 4300 , if we break this resistance , we are targeting 4450 – 4500,  so we have to be carefull in initiating more buying positions.

    There are some stocks I think they are still attractive : CSAG , ETRS   ( the shipping sector in general ) , HRHO ( but be carefull, its coming resistance 16.5 ,  there are other stocks I like there trading range EGBG & MOIL .

The COMI begins to move, watch it.

PIOH – TAKE CARE

And, this is so interesting experience to me,

see u all later,

BYE

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