ABUK, Egypt, to test 43 - 42 before rebounding to 48
ABUK, EGX, on 1-hour chart:
To test support level 43 - 42 before rebounding to 48.
By crossing 48, the next target will be 53
Stop loss at 42 - 40 should be considered, as the stock has over-bought signals in the long term.
To test support level 43 - 42 before rebounding to 48.
By crossing 48, the next target will be 53
Stop loss at 42 - 40 should be considered, as the stock has over-bought signals in the long term.
Trade closed: target reached
the stock over performed and reached 70.89 :)
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.