probable uptrend Resistance 0.5 Target I 0.62 Dr. Tarek Gadallah
Golden Coast in constructing phase of inverse Head and shoulders (Hourly range) Completing this shape will change the status of the stock to bullish Target 1.8 L.E the 2.5 L.E Dr. Tarek Gadallah
Looking at the support line @ 0.85 L.E The trend went uptrend to reach 1.35 L.E in 15 Bars Strong Buyer Then the stock went down from 1.35 L.E to retest the support line @ 0.85 L.E in 85 bars weak selling pressure This reaction show accumulation unless the support line @ 0.85 L.E still valid first resistance @ 1.34 L.E Dr. Tarek Gadallah
The analysis of long term chart show the following targets 1.5 L.E then 1.8 L.E then 2.1 L.E then 2.7 L.E Breaking 2.7 L.E lead to new Target @ 5.2 L.E Dr. Tarek Gadallah
A short term chart (Hourly) show the Followings :- * Support 1.38 L.E * Target 1.65 L.E Dr. Tarek Gadallah
Golden Coast construct shark 32 in weekly chart to clarify short term trading areas Resistance 1.486 L.E , breaking it lead to 1.79 L.E Support 1.2 L.E , breaking it lead to 0.888 L.E Dr. Tarek Gadallah
NEXT DALIY MOVE GO LONG FIRST RESISTANCE 0.618 FIB RETRACEMENT TARGET INSIDE THE BOX GOOD LUCK EVERYONE