Title
by Americanbulls.com LLC
Last Update
11/05/2021
EDBM.CA
المصرية لتطوير صناعة البناء
Last Signal: SELL
Last Pattern: BEARISH KICKING
Last Close:
0.8700
Change:
-0.0820
Percent change
-8.61%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH KICKING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.9520, and our valid average selling price stands now at 0.9230. The previous BUY signal was issued on 06/05/2021, 5 days ago, when the stock price was 0.9550. Since then EDBM.CA has fallen by -3.35%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern consists firstly of a white Marubozu and then a black Marubozu. After the white Marubozu, the market opens below the prior session’s opening, forming a gap between the two lines. more...
Signal History
Date 
Price 
Signal 
 
EGP100⇨ 
11/05/20210.9230SELL 237.03
06/05/20210.9550BUY 246.11
27/04/20210.9000SELL 246.97
08/04/20210.6210BUY 171.01
06/04/20210.6060SELL 171.61
25/03/20210.5020BUY 142.66
10/03/20210.7122SELL 143.16
07/03/20210.7211BUY 145.46
28/02/20210.7082SELL 145.97
21/02/20210.6726BUY 139.12
08/02/20210.7183SELL 139.61
01/02/20210.7440BUY 145.11
27/01/20210.7077SELL 145.62
23/12/20200.6117BUY 126.31
17/12/20200.5677SELL 126.75
30/11/20200.4336BUY 97.15
22/11/20200.4415SELL 97.49
17/11/20200.4497BUY 99.65
† Trade commissions are taken as 0.35%.
Date 
Price 
Signal 
 
EGP100⇨ 
11/05/20210.9230SELL 778.48
06/05/20210.9550BUY 808.30
27/04/20210.9000SELL 811.14
08/04/20210.6210BUY 561.65
06/04/20210.6060SELL 563.62
25/03/20210.5020BUY 468.53
10/03/20210.7122SELL 470.18
07/03/20210.7211BUY 477.73
28/02/20210.7082SELL 479.41
21/02/20210.6726BUY 456.91
08/02/20210.7183SELL 458.51
01/02/20210.7440BUY 476.58
27/01/20210.7077SELL 478.25
23/12/20200.6117BUY 414.83
17/12/20200.5677SELL 416.29
30/11/20200.4336BUY 319.07
22/11/20200.4415SELL 320.19
17/11/20200.4497BUY 327.28
15/11/20200.4484SELL 328.43
13/10/20200.4478BUY 329.14
24/09/20200.8467SELL 330.30
21/09/20200.7960BUY 311.61
07/09/20200.9199SELL 312.70
03/09/20200.9035BUY 308.20
31/08/20200.8797SELL 309.28
17/08/20200.5544BUY 195.60
12/08/20200.5819SELL 196.29
05/08/20200.5266BUY 178.26
16/07/20200.5699SELL 178.89
28/06/20200.4007BUY 126.22
09/06/20200.4093SELL 126.66
01/06/20200.3209BUY 99.65
† Trade commissions are taken as 0.35%.
Date 
Price 
Signal 
 
EGP100⇨ 
11/05/20210.9230SELL 2,744.00
06/05/20210.9550BUY 2,849.11
27/04/20210.9000SELL 2,859.12
08/04/20210.6210BUY 1,979.72
06/04/20210.6060SELL 1,986.67
25/03/20210.5020BUY 1,651.50
10/03/20210.7122SELL 1,657.30
07/03/20210.7211BUY 1,683.90
28/02/20210.7082SELL 1,689.81
21/02/20210.6726BUY 1,610.50
08/02/20210.7183SELL 1,616.16
01/02/20210.7440BUY 1,679.86
27/01/20210.7077SELL 1,685.76
23/12/20200.6117BUY 1,462.20
17/12/20200.5677SELL 1,467.34
30/11/20200.4336BUY 1,124.67
22/11/20200.4415SELL 1,128.62
17/11/20200.4497BUY 1,153.62
15/11/20200.4484SELL 1,157.67
13/10/20200.4478BUY 1,160.18
24/09/20200.8467SELL 1,164.25
21/09/20200.7960BUY 1,098.38
07/09/20200.9199SELL 1,102.24
03/09/20200.9035BUY 1,086.39
31/08/20200.8797SELL 1,090.21
17/08/20200.5544BUY 689.48
12/08/20200.5819SELL 691.90
05/08/20200.5266BUY 628.35
16/07/20200.5699SELL 630.56
28/06/20200.4007BUY 444.91
09/06/20200.4093SELL 446.47
01/06/20200.3209BUY 351.27
21/05/20200.3152SELL 352.50
19/03/20200.1401BUY 157.23
10/03/20200.1376SELL 157.78
04/03/20200.1561BUY 179.62
12/02/20200.2296SELL 180.25
10/02/20200.2454BUY 193.33
03/02/20200.2449SELL 194.01
29/01/20200.2502BUY 198.90
27/01/20200.2465SELL 199.60
15/01/20200.2347BUY 190.71
30/12/20190.2764SELL 191.38
15/12/20190.2777BUY 192.96
05/12/20190.3101SELL 193.64
28/11/20190.2816BUY 176.46
17/11/20190.2684SELL 177.08
29/10/20190.2324BUY 153.87
27/10/20190.2244SELL 154.41
13/10/20190.1857BUY 128.23
22/09/20190.1778SELL 128.68
03/09/20190.1553BUY 112.79
25/08/20190.1622SELL 113.19
18/08/20190.1626BUY 113.87
05/08/20190.1897SELL 114.27
07/07/20190.1802BUY 108.93
24/06/20190.2052SELL 109.31
10/06/20190.1852BUY 99.00
28/05/20190.1850SELL 99.35
12/05/20190.1849BUY 99.65
† Trade commissions are taken as 0.35%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Middleeastbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Middleeastbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Middleeastbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Middleeastbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.