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snour
19 יולי 2023 17:49

EGCH, long uptrend to 11.3 , 15.5 לונג

EGYPTIAN CHEMICAL INDUSTRIES (KIMA)EGX

תיאור

EGCH, Egypt
One the weekly chart, a technical pattern flag was formed, and the target is 11.3
Once we cross up this level, the stock should target 15.5
This is a medium term view in few months.

Profit protection should be considered.

תגובות
YEGHEN
Any update on the chat target
snour
@YEGHEN
If the stock is closing positive this week, target 20.5 (weekly chart)
snour
Thanks.
No, and RSI is under 80, MACD is positive.
This is a weekly chart. So, we have room for slight horizontal correction, to get more buying force, then to reach higher levels.
MohammadElshreif
good recommendation , but is it negative divergence rsi with chart?
עוד