ImSamTrades

TAQA is preparing for a move

Long
EGX:TAQA   TAQA ARABIA
make your own decision.
widen your risk as it has volatility and get fearful at 19 but leave runners.
Trade active:
adding shares if dipped around 13.10 area
Trade active:
16 is a good area to take some profit. leaving runners
Trade active:
Volume and price action suggest more upticks.
first 16.80 and 17.50 need to be cleared.
18.70 is a critical resistance.
in my opinion Taqa may go to 21, still a probability and never a certainty.
Trade active:
Risk off bellow 14
Trade active:
added @ 15.50
Trade active:
17.50 a good area for trim
Trade active:
Risk off bellow 14.70
Comment:
Nothing is wrong with chart.
just boring consolidation
Comment:
I like TAQA more when its 21-22
Trade closed manually
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