snour

SWDY is pushing against resistance to target 30.3

Long
EGX_DLY:SWDY   ELSWEDY ELECTRIC
30-min chart, the stock reached an area of multiple resistance lines.
Above 27.9 will target 30.3, then up to 32
Watch the stop loss.

The stock needs a strong push to cross the GREY line - above which a far target will be seen.

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.