تعليق صوتي ما قبل جلسة 20-08-2026

Finance-focused summary (pre-session technical report — Aug 20, 2026)

Presenter

• Mustafa Raafat — Head of Technical Analysis, Ostoool Securities Trading and Bond Brokerage Company (also referenced as Astoool)

Market focus

• Egyptian Exchange (EGX) indices and selected Egyptian equities
• Framework: support/resistance levels and a “trade vs hold” approach

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Macro / market context (indices)

EGX “ACT 30” (and PGX 30, as applicable)

• Yesterday saw a sharp decline, described as the steepest drop in the last month or two (roughly from early July until now).
• The market broke minor support around 55,000.
• Technical stance shift
  • If price remains above ~54,500 / 54,400: decline is still considered acceptable, and the short-term upward trend is hoped to remain intact.
  • If 54,500 / 54,400 breaks downward: the short-term view shifts to sideways, and the strategy changes from “holding is best” to “trading is best.”

PGX 70 (EGX 70 referenced)

• Yesterday’s drop is framed as a correction; the larger trend may not be fully broken just yet.
• Broken supports cited:
  • 21,000 and 21,100
• After those breaks, the correction became more aggressive.
• Bullish recovery condition
  • Need a return to an upward trend above 21,200
• Near-term downside targets
  • 20,400 and 20,500
• Conclusion: uncertainty remains about whether the correction has already ended.

EGX 100

• Yesterday close: 27,185
• Decline attributed to breaking important levels: 27,300 and 27,000
• Presenter indicates the decline may continue (i.e., not finished).
• Downside targets:
  • Initial: 26,500, then reassess

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Core strategy / methodology (explicit framework)

“Trade vs hold” rules based on support type

• Use major vs minor support levels to decide:
  • Trade vs hold
    • Major support breaks → shift toward trading; stop-loss concepts become active
    • Minor support breaks → use profit protection rather than full stop-loss

Stop-loss vs profit protection activation

• Stop-loss activation rule: triggered when a major support is broken.
• Profit protection rule: triggered when a minor support is broken (the protective level is activated).

Tactical scenario rule

• If today is also down (described as “God forbid”): short selling is suggested as the best strategy “at the moment.”

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Stock picks and technical levels (support/protection + targets)

Note: The presenter repeatedly advises “trade, not hold” in the current environment, with exceptions/conditions linked to staying above key supports.

Telecom / large caps

Orascom Investment Holding

• Validation / support: positive while above 72–73 EGP
• Entry / referenced level: 87 EGP close (yesterday)
• Upside targets: 95 EGP, then ~102 EGP (described as “2 pounds flat”; exact wording/level unclear)

Zahraa El Maadi

• Yesterday close: 7.91 EGP
• Profit protection raised:
  • 7.80 EGP (closest)
  • 7.75 EGP (next)
• Upside targets: 8.30 EGP, then 8.50 EGP

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Healthcare

Manfas Pharmaceuticals

• Major support: 355 EGP
• Minor support: 365 EGP
• Upside targets: 395 EGP, then 413 EGP

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Food & poultry / consumer staples

AVANCE

• Support band: major 23 EGP, minor 24 EGP
• First target: ~25.20 EGP (subtitle shows “5.20 EGP” likely misread; context implies ~25.20)

Cairo Poultry

• Major support: ~36 EGP
• Minor support: 36 EGP also referenced (formatting unclear)
• Upside targets: 39 EGP, then 41 EGP

Alexandria Mills and Bakeries

• Main support: 200 EGP (important)
• Minor support: 225 EGP
• Targets: 255 EGP, then 300 EGP
• Stop-loss (explicit): 200 EGP

Mansoura Poultry

• Strong support: 2.0 EGP
• Positive view as long as above 2.0 EGP
• Minor support referenced: 2.15 EGP (formatting unclear)
• Targets: 2.27 EGP, then 2.38 EGP

Ismailia Poultry

• Trading range: 34–37 EGP
• Profit protection can be raised if it moves in your favor (specific numbers referenced but not fully clean)

Juhayna

• Supports: 25.00–26.00 EGP
  • with 26.30 EGP described as a secondary/next step
• Targets: 27.80 EGP, then 28.80 EGP

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Metals / materials

Iron & Steel for Mines and Quarries

• Major/most important support: ~880
• Guidance: as long as above these levels, do not advise selling or protecting profits; hold
• Minor support mentioned: ~8 or 9 (likely a formatting issue; may refer to ~8.9-style level)
• Targets: 9–10 (main target)

Egypt Aluminum (Egal / Egypt Aluminum)

• Close: 325 EGP
• Targets: 343 EGP first, then 355 EGP (main)

Chemicals stock (name unclear in subtitle)

• Major support: 46 EGP
• Minor support: 47 EGP
• Targets: 50 EGP, then 53.5 EGP

Arabia Valves

• Trade range: 13–15 EGP
• Targets: not clearly specified

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Real estate / construction

Talaat Moustafa

• Minor support: 95 EGP
• Main support: 91–92 EGP
• Next target: 104 EGP
• Stance: “Don’t worry at all as long as it holds 91 and 92.”

Arabia for Asset Management and Development

• Main support: 2.10 EGP
• Targets: 2.35 EGP, then 2.50 EGP

Emaar Misr

• Supports/levels mentioned:
  • 1110 (minor)
  • 1140 (minor)
• Target/support ladder (subtitle units inconsistent):
  • “12 EGP” mentioned as a flat first target
  • “12.60 EGP” described as “main support” (context suggests a pricing area; exact mapping unclear)

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Explicit recommendations / cautions

• Current environment guidance: “Trade, not hold” due to sharp corrections after multiple minor support breaks.
• Buying caution:
  • If investors have liquidity: they may view it as an opportunity to build positions, but “not right now”—wait for clarity on where the correction ends.
• If today is also down:
  • Short selling is described as the best strategy “at the moment.”
• Stop-loss / profit protection:
  • Alexandria Mills and Bakeries: 200 EGP is explicitly the stop-loss
  • For other names: he emphasizes profit protection when crossing minor supports

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Key numbers captured (high importance)

• EGX ACT 30

  • Broken: 55,000
  • Critical short-term supports: 54,500 and 54,400

• PGX 70

  • Broken: 21,000 / 21,100
  • Recovery trigger: 21,200
  • Downside targets: 20,400 / 20,500

• EGX 100

  • Close: 27,185
  • Broken: 27,300 / 27,000
  • Downside target: 26,500

• Stock highlights:

  • Orascom: support 72–73, target 95
  • Zahraa El Maadi: protection 7.80 / 7.75, targets 8.30 / 8.50
  • Manfas: supports 355 / 365, targets 395 / 413
  • Talaat Moustafa: key 91–92, target 104
  • Alexandria Mills: 200 stop-loss; targets 255 / 300
  • Juhayna: supports 25–26–26.30, targets 27.80 / 28.80
  • Egypt Aluminum: targets 343 / 355 from close 325

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Disclosures / disclaimers

• Report prepared using information believed accurate and reliable.
• Astoool (presenter/firm) bears no legal responsibility (direct or indirect) for investment decisions made based on the report (buying/selling).

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Presenters / sources

• Mustafa Raafat — Head of Technical Analysis, Ostoool Securities Trading and Bond Brokerage Company (also referenced as Astoool)