"Marseilia Egyptian Gulf" Stock (MAAL) Analysis Based on SK
This analysis is based on the SK Strategy, focusing on corrective price patterns like ABC and Fibonacci retracement levels to identify support and resistance. Currently, the stock is trading at 3.09 EGP, with a correction pattern indicating potential upward movement towards 3.60-3.70 EGP. The 2.99 EGP (78.6% Fibonacci level) acts as support, while breaking below 2.98 EGP might signal further declines.
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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.