EGX:CCAP   QALA FOR FINANCIAL INVESTMENTS
The CCAP analysis indicates a prevailing negative trend, with the stock price significantly below its moving averages and clear bearish signals from the MACD and RSI indices. Volumes are also notably down, reinforcing a lack of buying interest. However, there is a potential support zone around the 2.25 mark, which could provide some stability. For tomorrow, the outlook remains bearish unless there is a surprising influx of positive news or increased buying volume to support a reversal.

Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
For further insights, you are welcome to join my Telegram channel, Ichimokuonthenile.
t.me/ichimokuonthenile
or youtube www.youtube.com/@ICHIMOKUontheNILE
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.