#EMFD - Egyptian stock

62
#EMFD time frame 1 DAY
Created Gartley Bullish pattern ,
Entry level around 6.45
Stop loss 5.90 ( estimated loss - 8% )
First target at 7.35 ( estimated profit 13% )
Second target 7.85 ( estimated profit 22% )
Third target 8.25 ( with profit 27% )

MACD and RSI show positive diversion that is may support our idea

NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
In addition EGX30 is negative.

Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
Nota
first target achieved

Penafian

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