Egypt’s TMG Holding stock is approaching historical levels – Analysis — TradingView News
Staff Writer
Cairo – Technical movements signaled by Mubasher Trade Research indicate that the stock of Talaat Moustafa Group (TMG Holding) has continued its positive movement since the beginning of 2025, when the price succeeded in achieving strong gains and approached its historical peak at EGP 90.60.
The stock is moving in the form of an ascending wedge, with the price facing a strong resistance area at EGP 79.20 – EGP 80.85.
According to Mubasher Trade Research, to continue the upward trend, the stock must stabilize above the EGP 80.90 level with high trading volumes to target the EGP 82.95 – EGP 83 area, followed by EGP 84.70, then EGP 87, and eventually hit the historical peak at EGP 90.60.
Momentum indicators such as the…
