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Emaar Misr for Development SAEEmaar Misr for Development SAEEmaar Misr for Development SAE

Emaar Misr for Development SAE

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Emaar Misr (EMFD): Bullish Continuation Within Ascending ChannelTechnical Outlook: The stock is moving perfectly inside a rising parallel channel. We recently saw a strong bounce from the channel support at 8.60, triggering a Supertrend BUY signal. The price is now challenging the 9.90 level with strong momentum. Key Indicators: Supertrend: Bullish support at 8.90. MACD: Showing a bullish crossover and increasing momentum. Stoch RSI: High, indicating strong buying power, though we watch for divergence. Strategy: I am looking for a continuation of this move towards the upper channel boundary. Target 1: 10.50 (Previous High) Target 2: 11.20 (Channel Top) Invalidation: A daily close below 8.85 would invalidate this bullish thesis. Disclaimer: This is for educational purposes only and not financial advice. Trade at your own risk.
EGX:EMFDLong
by Desvader
#EMFD - Egyptian stock#EMFD time frame 1 DAY Created Gartley Bullish pattern , Entry level around 6.45 Stop loss 5.90 ( estimated loss - 8% ) First target at 7.35 ( estimated profit 13% ) Second target 7.85 ( estimated profit 22% ) Third target 8.25 ( with profit 27% ) MACD and RSI show positive diversion that is 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 . 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
EGX:EMFDLong
by tfcgeorge
EMFD Amazing results and a chance to make 20% profits within twoAfter we received the company’s business reports for the second quarter, we noticed an increase in the company’s profits by more than doubling, and this is due to the merger that took place in the company. Personally, I am a very low level entrant into the company and I do not plan to exit it in any way before 7 years from now. This is what you play in the Ras Al-Hikma deal But let's go back to the chart and show that the night burns upward, which is what we need. I expect the share price to reach 7 pounds this week and 7.5 next week.
EGX:EMFDLong
by atuumra
EMFD "Excellent performance from a great company"An Overlooked Gem in the Egyptian Market: Soaring Growth and Promising Prospects The provided text highlights an Egyptian stock that has experienced extraordinary growth over the past year, surging by over 135% in value. The stock's fair value has also witnessed an increase from 8 Egyptian pounds to 9.5 pounds, driven by its strong financial performance in the first quarter. The text outlines two potential scenarios for the stock's future trajectory: Continued Uptrend: The stock could continue its upward momentum, reaching levels of 8 and 9 Egyptian pounds, with the possibility of further appreciation to even higher levels. Retracement: The stock might experience a price decline. However, the author strongly advises against selling the stock at any price point. Personal Experience: having held it since its price was 3 Egyptian pounds. They emphasize the stock's underlying strength and their firm belief that it will appreciate significantly in the future, even if its price drops back to 1 Egyptian pound.
EGX:EMFDLong
by atuumra