Talaat Mostafa TMG is challenging!
Daily chart, the stock 
TMGH is trading in a symmetrical triangle (for the last 72 candles). The orange dashed line is pivotal - Above 56, the price will go up to test the upper triangle's edge. Otherwise, the price will test the lower edge.
Should consider a stop loss below 55
Technical indicators RSI and MACD are almost neutral.
So, direction should be confirmed first, for the new entry.
The targets are shown on the chart are after crossing the resistance line R, and trading above it with high volume for 2 days.
TMGH is trading in a symmetrical triangle (for the last 72 candles). The orange dashed line is pivotal - Above 56, the price will go up to test the upper triangle's edge. Otherwise, the price will test the lower edge.Should consider a stop loss below 55
Technical indicators RSI and MACD are almost neutral.
So, direction should be confirmed first, for the new entry.
The targets are shown on the chart are after crossing the resistance line R, and trading above it with high volume for 2 days.
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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.