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snour

ACAMD to target 1.12 then 1.40 after crossing Resistance

Long
ARAB CO. FOR ASSET MANAGEMENT AND DEVELOPMENT (EGX_DLY:ACAMD)  
snour  
EGX_DLY:ACAMD   ARAB CO. FOR ASSET MANAGEMENT AND DEVELOPMENT
Chart Patterns Trend Analysis ACAMD egx uptrend
3
0
chartpattern trendanalysis acamd egx uptrend
1-hour chart, the stock is trading in a rising triangle pattern, going to hit the Resistance line (blue) at around 1.118 - 1.120.
After crossing up, the target will be 1.30 then 1.40

Stop loss below the support line.

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snour
ACAMD has a potential to reach 1.82 after crossing 1.38
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