Go Green Egypt: To be Monitored for Rebound!

116
1-hour chart
The stock GGRN was recently rolled out in the EGX stock market, and fell sharply since then.
It should be monitored for the rebound confirmation signals; to grab the new bullish wave.

Above 1.25 will be a good entry.
However, for higher profit/risk, buy in parts down to 1.15,
then the first sell target will be 1.35
Closing above 1.35 for 3 bars with high volume, the next target will be 1.60

Consider a near profit protection / stop loss level, as this stock is volatile.

Penafian

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