SIDI KERIR PETROCHEMICALS - SIDPECPembelian
Sidi Kerir Egypt has an investment potential to 35 and 52
Weekly chart, the stock SKPC is forming of a descending triangle.
Above the R line - around 19.8, the target will be 33 extending to 35
However, for a more safety, the new entry should be above the 21 level.
On the long term, stabilizing above 38 for 2 weeks, the target will be 50 extending to 52 (as a chart Flag pattern can be considered)
Note: Place and raise a profit protection / stop loss level as the price goes up.
SKPC is forming of a descending triangle.Above the R line - around 19.8, the target will be 33 extending to 35
However, for a more safety, the new entry should be above the 21 level.
On the long term, stabilizing above 38 for 2 weeks, the target will be 50 extending to 52 (as a chart Flag pattern can be considered)
Note: Place and raise a profit protection / stop loss level as the price goes up.
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