Looking at the support line @ 0.85 L.E
The trend went uptrend to reach 1.35 L.E in 15 Bars Strong Buyer
Then the stock went down from 1.35 L.E to retest the support line @ 0.85 L.E in 85 bars weak selling pressure
This reaction show accumulation unless the support line @ 0.85 L.E still valid
first resistance @ 1.34 L.E
Dr. Tarek Gadallah
Lecico undergone extended correction from 5.89 to 2.8 and rebounded to try to breakthrough 5.89 twice with increased volume. Closing above 5.89 activates several bullish patterns (Inverted H&S and Shark32) aiming at 8.8 to 9.