snour

EIUD should target 0.425 after beating Resistance (R)

Long
EGX_DLY:EIUD   EGYPTIANS FOR INVESTMENT & URBAN DEVELOPMENT
Weekly chart, trading in a falling expanding wedge, high probability to target the Resistance line (R), then cross upwards.
Above Resistance (around 0.308), the target will be 0.425

Above R2 targets R3 (around 0.520)

Raise the profit protection level as the price goes up.. Below 0.230 stop loss

** Be careful with this stock - as it has up and down sudden sprints!

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