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snour
Feb 17, 2024 2:36 PM

SWDY should target 39 after breakout 

EGX:SWDY1D
ELSWEDY ELECTRICEGX

Description

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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.
Trend AnalysisSWDYegxegypt
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