MoWagdy

ARVA Rounding bottom and channel chart

EGX:ARVA   ARAB VALVES COMPANY
As we can see down below the stock is moving between the prices of a channel and is continuing with the rounding bottom chart formation. Almost hit the high of the channel might test it again and might go to the down line to bounce back to a higher high accordingly. to be followed
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.