RMDA Opportunities Exposure to "RMDA" stock
On testing the resistance at the 2.20 level, it rose to approximately 5%, and there are opportunities for growth during approximately the week’s session on the 2.5 test.
RMDA trade ideas
RMDA faces strong resistance at 2.5The chart shows strong resistance for Monday at the 2.5 level that cannot be broken, and there is a lack of desire from the market maker to break this level. Support is expected at the 2.29 level. The expected scenario is that the stock will move sideways for the rest of the trading week until a "flag" is formed, after which it will break the 2.5 level and soar to the 2.8 level. This is expected to happen in August before the dividend distribution, which is expected to be 0.067 per share.
trading in the KUMO trading in the green kumo, chikou is facing down, and red kumo formation means irrational decison.
hold your horses .. other opportunities exists in the healthcare sector
Good setup on RMDA It has a probability of a good uptrend imo.
the trade requires good risk management and patience.
NEXT MARKET MOVE UP TO 2023NEXT MARKET MOVE UP TO 2023
At the bold black line, a major area,
At the orange line, a sub area
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Rameda stock analysisThis is a personal expectation of the future of the stock. You are the first and last responsible for your opinion of entering or exiting
RMDA EGX EGYPT - shady alsadany RMDA EGX EGYPT - shady alsadany
Company Name : Tenth Of Ramadan Pharmaceutical Industries
