MEPA has a positive indication to test 1.53

Daily chart,the stock is showing a tendency to test the ascending resistance line R1 (touching around 1.53). Above R1, the next target will be R2 (around 1.70 - 1.72)

MACD technical indicator is supporting this uptrend.

Consider a rising profit protection level, and a near stop loss for this stock.
egxegyptTechnical IndicatorsMEPATrend Analysis

Also on:

Disclaimer