OBOUR LAND is targeting 11.6, then 13.4 after crossing Long

OBOUR LAND FOR FOOD INDUSTRIESEGX

Description

⋅ Dec 4, 2023 11:10 PM

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

Trade closed: stop reached

⋅ Dec 13, 2023 10:11 PM

Note on EGX: A market-wide correction pulled all the stocks down and the stop activated. However, all stocks will rebound.