CERA EGX Egypt, at accumulation stage to target 1.4 in 18 weeksStock CERA EGX Egypt,
On the weekly chart, it is going through slow accumulation,
It is expected to leave this level soon, targeting 1.4, in uptrend movement for 16 - 20 weeks.
The high probability for more Egyptian pound devaluation will push prices up.
ATLAS (AIFI) should target 0.875 after stabilizing above 0.545Weekly chart, the stock is trading in the rising channel, and should cross the Pennant pattern Resistance at around 0.543
Stabilizing above 0.545 for one week with high volume, will push the price to target 0.875
Stop loss (SL) line should be considered for the rising stop loss level.