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Faisal Islamic Bank (FAITA) should target 1.26

Long
FAISAL ISLAMIC BANK OF EGYPT - IN US DOLLARS (EGX_DLY:FAITA)  
snour  
EGX_DLY:FAITA   FAISAL ISLAMIC BANK OF EGYPT - IN US DOLLARS
Trend Analysis Chart Patterns FAITA egx USD uptrend
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trendanalysis chartpattern faita egx usd uptrend
Weekly chart, the stock is trading in a rising expanding wedge (semi channel). It should rebound from the Support line (red) towards the Resistance line (blue) to around 1.26 passing through some resistance levels as shown.

Stop loss below Support line.
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