ICHIMOKUontheNILE

CCAP: negative trend

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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
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