Maridive Egypt has a potential to rebound & target 0.432, 0.450

Daily chart, the stock MOIL is trading in a flag chart pattern inside an expanding triangle.
I see the price has a high probability to rebound to resistance line R1 from the support zone 0.375 - 0.371, then the target will be blue line R2 (around 0.408 - 0.405)
Above R2, the targets are shown on chart.

Note: New entry should be after clear rebound.

Stop loss below 0.370 should be considered.

Chart PatternsegxMOILTrend Analysis

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