snour

COMI, to target 58.5 in few weeks

Long
snour Updated   
EGX:COMI   COMMERCIAL INTERNATIONAL BANK-EGYPT (CIB)
On the daily chart, the stock COMI is trading in a channel, with a support level 47, and the target is 58.5 after crossing 53.
RSI and MACD techn. indicators are positive for uptrend.
A re-test at 51 - 51.5 is OK, before crossing up.

Stop loss should be considered.
Trade active
Trade closed: target reached

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