snour

Can Fanar Contracting (FNAR) make the unexpected rally to 2.45?

Long
snour Updated   
EGX_DLY:FNAR   AL FANAR CONTRACTING CONSTRUCTION TRADE IMPORT AND EXPORT CO
1-hour chart,
Note: Using Heikin Ashi candlesticks because of the low volume - and this is not suitable for daily trading.

Fanar Contracting (FNAR) seems trying to rebound to test resistance. The target is 2.10
After crossing the resistance, the longer-term target will be 2.45

Tech. indicators RSI and MACD are positive. However, the low trading volume decreases the accuracy.
Trade active

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