Weekly chart, the stock has been accumulating for long weeks.
After confirming 2 weeks closing above 1.97, the target will be 4.61
MACD crossed up positively
Stop loss below support level
As we can see from the long time of Loss. The company shareholder has collecting that stocks under 1.6 EGP, targeting the mid range and long range at five EGP so collect as you can before the stock reach 2.00 EGP And enjoy the ride.
This stock chart adpc is showing a newly formed uptrend with a unique and observable retracement till the demand zone shown on the chart and new rebound is formed from that demand zone on the short term trading chances ,
the first target at 1.74 and second target at 1.90 approximately,
nice trading
