#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