ALAMAR FOODS CO.Long
Buying Alamar as Growth Potential and Trend Break
6014 is a company I have been researching extensively. Living in Dubai, I know their impact in the region. While their past financial reports came negative, it was mostly due to declines in sales, impacted by currency devaluation in Egypt and Lebanon and inflation affecting the cost of sales. However, this is normal for a Quick Service Restaurant operator as inflation heavily affects its costs and it is price elastic industry. On the chart, we saw double bottom at support, break of trend and resistance. I am long on
6014 
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