ACT FINANCIALLong
Act Financial Egypt has a potential to 4.22
Daily chart, the stock ACTF formed a chart pattern (triangle), and the price penetrated the resistance line R.
The target is 4.22 passing through resistance levels 3.60, 3.75 and 4.00
A re-test to line R / pivot level down to 3.40 - 3.37 may happen before the bullish movement.
So, watch carefully and consider a dynamic stop loss level.
MACD is supporting the positive view.
ACTF formed a chart pattern (triangle), and the price penetrated the resistance line R.The target is 4.22 passing through resistance levels 3.60, 3.75 and 4.00
A re-test to line R / pivot level down to 3.40 - 3.37 may happen before the bullish movement.
So, watch carefully and consider a dynamic stop loss level.
MACD is supporting the positive view.
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