snour

ISMQ, Egypt, is on a critical price level !

snour Updated   
EGX_DLY:ISMQ   IRON AND STEEL FOR MINES AND QUARRIES
30-min chart,
I chose this "little" time-frame to see intra-day sentiments. This is not for opening new positions. Be careful!

Higher probability for testing the support (red) line, then rebound upwards; as the technical indicator Stochastic RSI is 0, and the volume is decreasing with price decrease.

After crossing the resistance (blue) line, the target will be 4.33
But below support, it is 2.37
Trade active:
tested, rebounded, and crossed :)

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