30-min chart, OLFI is seen as rebounding from the support line (red) to target the resistance line (blue) at 11.6
Above 11.6, the target will be 13.4
Stop loss at 10.5
Above 11.6, the target will be 13.4
Stop loss at 10.5
Trade closed: stop reached
Note on EGX: A market-wide correction pulled all the stocks down and the stop activated. However, all stocks will rebound.
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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.