EGX:GOCO   GOLDEN COAST COMPANY
Looking at the support line @ 0.85 L.E

The trend went uptrend to reach 1.35 L.E in 15 Bars Strong Buyer

Then the stock went down from 1.35 L.E to retest the support line @ 0.85 L.E in 85 bars weak selling pressure

This reaction show accumulation unless the support line @ 0.85 L.E still valid

first resistance @ 1.34 L.E

Dr. Tarek Gadallah
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.