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snour
Jun 18, 2023 2:36 AM

ABUK, Egypt, to test 43 - 42 before rebounding to 48 Short

ABOU KIR FERTILIZERSEGX

Description

ABUK, EGX, on 1-hour chart:
To test support level 43 - 42 before rebounding to 48.
By crossing 48, the next target will be 53

Stop loss at 42 - 40 should be considered, as the stock has over-bought signals in the long term.

Trade closed: target reached

the stock over performed and reached 70.89 :)
Comments
snour
Reached 47.7
Next is the crossing of resistance level 48, to target 50, 51.5, 53.
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