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snour

SWDY should target 39 after breakout

ELSWEDY ELECTRIC (EGX_DLY:SWDY)  
snour  
EGX_DLY:SWDY   ELSWEDY ELECTRIC
Trend Analysis SWDY egx egypt
6
0
trendanalysis swdy egx egypt
Daily chart, the stock is trying to beat a tough (cluster) resistance zone. Crossing this zone, and closing 2 days above 32.5 will activate the target 39.0

Resistance cluster zone: Resistance line R1 (blue) + Long term RL (dashed green)

Stop loss to be considered below S1 line.

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snour
ElSwedy Electric (SWDY) should target 38 then 50 and 55
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