TAQA Arabia Egypt - To target 13.2 after crossing ResistanceDaily chart,
the stock EGX:TAQA is trading in a rising channel, the price reached the support and is supposed to rebound upwards to target the Resistance line R at around 13.25
Consider the new entry Buy above 12.25 (2 days close) for more safety, or buy in parts down to 12.0
Stop loss below 12.00 (for 2 days) should be considered.
Note:
Closing above the Resistance line R for 2 days, the next target will be 14.3 passing through resistance level at 13.5
