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snour

Cairo Oils & Soap, Egypt, should target 0.549, then 0.579

Long
CAIRO OILS & SOAP (EGX_DLY:COSG)  
snour  
EGX_DLY:COSG   CAIRO OILS & SOAP
Technical Indicators Chart Patterns COSG egx uptrend Ascending Channel
8
0
indicator chartpattern cosg egx uptrend ascendingchannel
Weekly chart, the stock (COSG) is trading in a rising channel, and is inclined to cross the resistance.
Above resistance line, the target will be 0.549, extending to 0.579 then 0.621

Technical indicators MACD and RSI are supporting this view.

Related Ideas

snour
COSG is preparing to breakout..
snour
COSG to rebound to 0.280, then 0.305
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