EFG HOLDINGLong
HRHO, EGX, To target 21.4 , 25.2 in few weeks
HRHO, Egypt
On the daily chart, the technical indicators RSI and MACD are showing positive up direction.
Once the stock crosses up 20.4, easy target will come 20.7 and 21.4
Above this resistance zone, we will have 25.2 in few weeks.
Note 1: Stop loss at 19 should be considered - short term, and at 14 after 25% discount
Note 2: The coming free stocks distribution will affect the prices. But, this stock will most probably discount and then rebound quickly.
On the daily chart, the technical indicators RSI and MACD are showing positive up direction.
Once the stock crosses up 20.4, easy target will come 20.7 and 21.4
Above this resistance zone, we will have 25.2 in few weeks.
Note 1: Stop loss at 19 should be considered - short term, and at 14 after 25% discount
Note 2: The coming free stocks distribution will affect the prices. But, this stock will most probably discount and then rebound quickly.
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