Concrete Fashion (Arafa) positively on uptrend
Updated
Weekly chart, the technical indicators MACD and RSI are supporting the uptrend of the stock.
There are resistance levels at 0.83 and 0.91
The target is 0.98 - 1.00 after crossing 0.91
Consider a near stop loss below 0.72
Note: Low volume trading on the daily time-frame.
There are resistance levels at 0.83 and 0.91
The target is 0.98 - 1.00 after crossing 0.91
Consider a near stop loss below 0.72
Note: Low volume trading on the daily time-frame.
Trade active
TYPO NOTICE: Numbers on Chart and description should -obviously- be read 0.083 , 0.091 , 0.098 , 0.100 , 0.072
The stock may go to 0.098 one shot before slight correction..
Raise the stop loss level - Currently below 0.086
Trade closed: target reached
done
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