snour

AMIA should rebound to the R30 line

Long
EGX_DLY:AMIA   ARAB MOLTAKA INVESTMENTS CO
30-min chart, the stock is trading in a rising channel, and tested the support S30 (30-min support line).
The movement should be towards the resistance R30 line, touching at around 3.16

Crossing R30 line, the target should be 3.42 - 3.46 (depending on crossing point)

Stop loss below 2.85



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.