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snour

It is time for EGBE to go long-term bullish?

Long
EGYPTIAN GULF BANK (EGX_DLY:EGBE)  
snour  
EGX_DLY:EGBE   EGYPTIAN GULF BANK
Chart Patterns Trend Analysis egx EGBE
2
0
chartpattern trendanalysis egx egbe
Monthly chart, the stock has been in a long-term downtrend, and the chart pattern falling wedge was formed.
The target is 0.610, extending to 0.652 and 0.795 (Fibonacci extension)

My view: it is a nice long-term investment.
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