Abuhiba82

IS a rally has Begin?

Long
EGX:EGX30   EGX 30 Price Return Index
EGX30 success to breakout some Fibo retracement level in a short term correction. and breakout a downtrend at 9815.382 in the last session.

by that moves a rally with some challenges can begin: A strong resistance at 10297.455 based on a retracement and a base level. may need to get support from the 9898.130 at Fibo 0.236

on the way to 11169.66 they will be some consolidation and profit gaining can but it under a pressure to go side way for a period of time.

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