Video summary

البورصة المصرية - تحليل أهم الأسهم و مؤشر EGX30 - برنامج صباح الخير يا بورصة : 29-07-2026

Main summary

Key takeaways

Finance

Market / Index Context (EGX30)

  • EGX30 (EGX T): The index rebounded from the previous session but failed to break above 54,000.
  • Trading/volume: Mentioned high volume (~11 million) (exact units not fully specified).
  • Price action & risk framing:
    • After attempting to pass 54,000, price stayed around 53,800 → 53,729.
    • The presenter highlighted five sessions of repeated tests of 54,000 without a breakout, concluding it’s a strong resistance and suggesting a possible pullback.
  • Near-term tactical levels (EGX30):
    • Preferred move: down to retest 53,500, then 53,200.
    • Risk condition: Must hold above 53,200. If 53,200 breaks, continuation is expected toward 53,000.
  • Timeline reference: “This is the last week of… this month” with normal fluctuations.

Sector Strength Callout

  • EGX 70 index: Still strong, closing around 18,300 after surpassing 18,200.
  • Upside targets mentioned: 18,500 and ~17,00 (likely a transcription issue—possibly 17,000 or another level).

Stock-Specific Watchlist (Key Levels, Resistances, Targets, Cautions)

Financials / Banks

Commercial Bank (CBB)

  • Closed around 141, traded up to 142
  • Resistance zone: 142.00–143.00
  • Decision level: 142.00
  • If it fails to break 140.00 during the session:
    • Potential retest of 140, then 138

Abu Dhabi Islamic Bank

  • Continued upward trend
  • Reference: “adjusted to the 52 level”
  • Target: 53 to 55

Suez Canal Bank

  • Broke 38.40 and closed 38.88
  • Key resistance: near 39 (stated as “39.Y”)
  • If it breaks through 39: target 42 to 45

OBI Financial

  • Tracked from 62 piasters
  • Closed at 73 piasters
  • Target: 75 piasters
  • If it breaks: 80 piasters

Arab Forum (as named; possible transcription inconsistencies)

  • Passed 1080 and closed above 11
  • Break level: above 11.30
  • Upside: 11.00 → 12 (digit/decimal formatting unclear in transcript)

Industrials / Chemicals / Materials

Arab Aluminum

  • Only considered positive if it breaks 24
  • If broken: target 25 to 26
  • Mentioned averaging down concept (no detailed price plan given)

Misr Chemical Industries

  • Price gap referenced around 39–40
  • If it breaks above 40.5:
    • “Go down to close the gap,” then look for rebound
  • Presenter frames retesting 39–40 after strength as normal/constructive

Cement Sector (multiple names)

  • Arabian Cement

    • Resistance zone: 57.00–58.00
    • Break above → target 60 to 62

  • Egypt Beni Suef Cement

    • Break above 248 → target 255 to 265

  • Sinai Cement

    • Still in an uptrend; “pay close attention” (no exact levels provided)

  • South Valley Cement

    • Strength trigger: break above 80; otherwise still sideways
    • Break above 89 → target 10 to 10.1 (likely transcription issue; could be 100–101 or similar)

  • Additional cement references: “cement sector” described as “in motion”

Consumer / Food / Poultry

Resorts (tourism-related)

  • Sector positive
  • Resistance sequence: 18 → 19 → 20
    • Break 18 → 19, then 20

Egyptian Telecommunications

  • Closed at 105
  • Target: 107 to 110

Foodico

  • Reached 110 but pulled back
  • Key resistance: 108
  • Break above 110:
    • Breakout from sideways trend
    • Target 115 to 120

Mansoura Poultry

  • Described as a lagging poultry stock
  • Levels: 95 and “2 pound” (unclear whether “2 EGP” or a misread like “92” in transcript)
  • Break above → target 220 to 240

Extracted oils (unnamed)

  • Sideways trend with upward bias
  • Surpassed 12, but closed 12.19 with higher volumes
  • Target plan: attempt 12.50
    • Break → 12.70, then 13.00

Gourmet Egypt

  • After dividend distribution: steady/positive
  • Resistance: 14.00
    • Mentions “exactly 145” and additional levels (digit formatting unclear)
  • Break above → “continue to 15 and 15.5” (decimals may be misread)

Education / Services / Financial-Type Stocks

Education for Management Services (education sector)

  • Accumulating for a long time; lagging behind sector
  • Sideways
  • Resistance zones: 16.5 and 17.5
  • Most important: 17.5
  • Break above both → target 20 to 22
  • Supporting indicators mentioned:
    • Higher trading volumes
    • RSI improving
    • MSSD doing well

Signal Glow

  • Bullish condition based on technical crossover:
    • Wait for MCD line crossover with the signal line
    • Presenter expects this with breakout above 17 for a strong move

Al-Rawad

  • Resistance: 44.70
  • Break → exit sideways; target 46 to 48

Arabian / other ticker “Icon” or “Icon” (as referenced)

  • Sideways; resistance 43.00
  • Break above → rise to 45 and 50

Other Mentioned Tickers / Setups

Arab Forum, OBI Financial, Signal Glow, Icon, Al-Rawad, Resorts, Foodico, Gourmet Egypt, Misr Chemical, Suez Canal Bank, Commercial Bank, Abu Dhabi Islamic Bank, Egyptian Telecommunications, Mansoura Poultry, Education for Management Services, Arab Aluminum, Arabian Cement, South Valley Cement, Egypt Beni Suef Cement, Sinai Cement, extracted oils.

Trading Approach / Framework Referenced

Resistance Testing Framework

  • If price repeatedly touches resistance (e.g., EGX30: 54,000) without breaking:
    • Treat as strong resistance
    • Anticipate a pullback

Support Retest Expectation

  • If resistance holds, expect movement down to retest support levels
    • Example (EGX30): 53,500 → 53,200

Gap / “Gap Fill” Logic (hourly timeframe)

  • When a small gap forms and price moves down to close it:
    • Price may overshoot slightly
    • It may rebound around the filled area
  • Applied examples:
    • Arabian Aluminum (gap around 64 / 63.80)
    • Misr Chemical Industries (gap around 39 / 40)
    • Possibly others

Sideways-With-Upward-Bias Strategy

  • Many stocks described as sideways, but with upward bias until key resistance breaks

Trigger-Based Breakout Calls

  • Repeated conditional phrasing: “If breaks X then target Y”

Key Numbers & Levels Highlighted (As Stated)

  • EGX30

    • Resistance: 54,000
    • Price: 53,800 → 53,729
    • Downside plan: 53,500, then 53,200
    • If 53,200 breaks → toward 53,000

  • EGX70

    • Surpassed 18,200
    • Closed 18,300
    • Targets: 18,500 and ~17,00/17,000

  • CBB

    • 141–142
    • Resistance: 142–143
    • Decision: 142
    • Failure condition: 140
    • Retest: 138

  • Suez Canal Bank

    • Close 38.88
    • Resistance near 39
    • Target 42–45

  • Arab Aluminum

    • Resistance 24
    • Target 25–26

  • Al-Rawad

    • Resistance 44.70
    • Target 46–48

  • Education for Management Services

    • Resistances 16.5 and 17.5
    • Target 20–22

  • Signal Glow

    • Breakout trigger around 17
    • Requires MCD vs signal crossover

  • Foodico

    • Resistance 108 / 110
    • Target 115–120

  • Resorts

    • Resistance 18 → 19 → 20

  • Egyptian Telecommunications

    • Close 105
    • Target 107–110

  • Extracted oils

    • Close 12.19
    • Attempt 12.50
    • Then 12.70, then 13.00

  • Gourmet Egypt

    • Resistance 14.00
    • Follow-on levels mentioned around 14.5 / 15 / 15.5 (digit formatting unclear)

  • Mansoura Poultry

    • Levels 95 and “2 pound”
    • Target 220–240

  • Cement stocks

    • Arabian Cement: 57–58 → 60–62
    • Beni Suef: 248 → 255–265
    • South Valley: break >80, then >89 → target around 10 / 10.1 (likely transcription issue; could be 100–101)

Disclosures / Disclaimers

  • No explicit “not financial advice” or formal disclaimer appears in the provided subtitles/transcript.

Presenters / Sources

  • No clear separate presenter name or cited external source is included beyond the speaker addressing viewers.

Original video