Emaar Egypt is positively bullish

Daily chart,
The stock EMFD has been consolidating between 7.3 and 8.7 in sideways movement. The current technical indicators RSI and MACD are signalling a positive bullish direction.

After a resistance breakout and stabilizing above 8.7 for 2 days, the target will be 10.11

Consider keeping a near profit protection / stop loss level.
Bullish PatternsChart PatternsegxegyptEMFDTechnical IndicatorsTrend Analysis

Related publications

Disclaimer