ACT FINANCIAL
Long

Act Financial Egypt has a potential to 4.22

130
Daily chart, the stock ACTF formed a chart pattern (triangle), and the price penetrated the resistance line R.
The target is 4.22 passing through resistance levels 3.60, 3.75 and 4.00
A re-test to line R / pivot level down to 3.40 - 3.37 may happen before the bullish movement.
So, watch carefully and consider a dynamic stop loss level.

MACD is supporting the positive view.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.