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snour
Jan 10, 2024 12:50 AM

Is EIUD preparing for a nice bullish wave? Long

EGYPTIANS FOR INVESTMENT & URBAN DEVELOPMENTEGX

Description

Daily chart, the stock is trading in a falling channel, and last candlestick completed a chart pattern triangle. the target is 0.71
The next target will be activated after crossing the channel to 0.89, then 1.15

Comments
civilengmohamed2012
What is the impact of the IPO on January 18?
the TP 0.71 will be first target after IPO 0.10 per share ?
waiting for your kind reply
thank you.
snour
@civilengmohamed2012
Thank you for this note.
My chart was purely technical.
Normally, the whole chart prices will be automatically adjusted.
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