Arab Moltaka Egypt can be an investment to 4.90Weekly chart, EGX:AMIA
The price crossed up a major resistance line R, and is testing it.
In case of trading above 3.06 with high volume for 2 weeks, the target will be 4.90 passing through strong resistance 3.57 (last highest High), then a psychological barrier 4.00
Stop loss below 2.65
Technical indicators:
RSI is on a bullish trend, at 62
MACD is positive
