snour

MACRO should target 4.35 then 4.77 after crossing resistance

Long
snour Updated   
EGX_DLY:MCRO   MACRO GROUP PHARMACEUTICALS -MACRO CAPITAL
Daily chart, I am expecting the stock for form the chart pattern Cup & handle.
After crossing the Resistance line, and closing 2 days above 3.45, the target will be 4.77 passing through resistance levels 4.00 and 4.35.
Comment:
Typo correction: I am expecting the stock to form the chart pattern Cup & handle.

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.