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snour
Jan 18, 2024 8:01 PM

EHDR should target 0.450, then 0.625 Long

EGYPTIANS HOUSING DEVELOPMENT & RECONSTRUCTIONEGX

Description

Weekly chart, the stock is trading in a falling expanding triangle, with a tendency to cross the resistance line.

After crossing at around 0.430, the target will be 0.530, then zigzag upwards up to 0.903 passing through the shown resistance levels.

Technical indicators RSI and MACD are positive.
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