1-hour chart
The stock
GGRN was recently rolled out in the EGX stock market, and fell sharply since then.
It should be monitored for the rebound confirmation signals; to grab the new bullish wave.
Above 1.25 will be a good entry.
However, for higher profit/risk, buy in parts down to 1.15,
then the first sell target will be 1.35
Closing above 1.35 for 3 bars with high volume, the next target will be 1.60
Consider a near profit protection / stop loss level, as this stock is volatile.
The stock
GGRN was recently rolled out in the EGX stock market, and fell sharply since then.It should be monitored for the rebound confirmation signals; to grab the new bullish wave.
Above 1.25 will be a good entry.
However, for higher profit/risk, buy in parts down to 1.15,
then the first sell target will be 1.35
Closing above 1.35 for 3 bars with high volume, the next target will be 1.60
Consider a near profit protection / stop loss level, as this stock is volatile.
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.
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.