1- We noticed a deep price correction, falling 42% from the peak it reached (from a price of 82 piaster to a price of 48 piaster).
2- We note that the stock broke the mid-term downtrend by breaking the last price peak of 60 pista (positive number).
3- We note that the stock is in a short-term (positive) daily uptrend recently.
4- During the decline, the stock held very important support and did not break out of the major annual trend (positive)
5- We notice that the price has started to break through the resistance level, which means a clear announcement that the cumulative downward phase is over and is now heading towards a new upward wave (positive).
6-The price is now at 0.63 piasters, with the possibility of falling, retesting the daily trend around 0.60 piasters, and a violent rise has begun.
7- Question: Is the stock currently available for purchase?
– Answer: Yes, suitable to buy, we are waiting, God willing, for a higher peak target than the previous peak, usually 0.92 piasters to 100 piasters, which means excellent profit margins.

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#8 – Final Note: Another group of stocks with the same analytical rationale, the same upside strength, and the same long-term goals (I personally think they are all poised to rise in a respectable manner, be patient, and then be patient, and then be patient), but I won’t write an article for each stock, that would be troublesome, I’ll write it for you here.

Second Arrow: Al-Nasr Civil Works – NCCW Symbol
Third Arrow: Industrial and Engineering Projects – IEEC Symbols
Arrow Four: Upper Egypt General Contracting – UEGC Code
Fifth Arrow: International Crops-IFAP Logo
Sixth Arrow: Etisalat Banner – RAAC Symbol
Seventh Stock: Amer Group – Symbol AMER

Of course, from my perspective, I’m ranking them based on technical preference, but it’s better to buy them all like they’re a little box for you so that if something happens, something else will be with you.
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9 – These words are my current observations on the stock, they may be correct and come true, or they may disappoint and not come true, and they may be affected by news and developments over time, and they are not recommendations to buy or sell. You must review stocks, conduct necessary analysis and valuable research, and make decisions based on your beliefs and research.
I wish you all success
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Final note: These sharings will be followed over time in the comments below this article, and any developments will be mentioned as they occur

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