Agthia UAE : Crossing 8 will drive the price to 9.3 then 9.8Daily chart, the stock ADX:AGTHIA is going bullish, forming an expanding rising trangle.
The stock should cross the resistance line R3 until hitting the line R1 at around 8.0
Crossing 8.0, the target can be 9.3 extendable to 9.8
Technical indicators: MACD is positive, RSI is positive but going near over-bought zone (Be careful with a near minor correction).
Consider the stop loss below the line SL
AGTHIA trade ideas
AGHTHIA price action is promisingADX:AGTHIA is maintaining its uptrend and seems to be ready for another leg up. Todays close above 5 AED was positive although the break happened in the auction period only. If the stocks holds above 5 AED, long to target levels shown on the chart. Stop loss daily close below 4.8 AED.