2018-03-14

COMMERCIAL INTERNATIONAL BANK EGYPT

IN THE NAME OF ALLAH THE MOST  GRACIOUS THE MOST MERCIFUL
COMMERCIAL INTERNATIONAL BANK EGYPT, DAILY RANGE HEAD AND SHOULDERS TOP APPEARS AFTER LONG UPWARD TREND , BUT FAILS TO CONTINUE DOWN AFTER REACHING 72,TECHNICALLY CLOSING ABOVE 88.80 INDICTIVE OF , THERE IS ROOM FOR SOME FOR THE RALLY, SOME TECHNICIANS IN THAT CASE SET A NEW TARGET WHICH EQUAL THE DISTANCE FROM THE HEAD TO THE NICKLINE , ITS PROJECTED BYOND THE HEAD THAT ONCE IT‘S BROKEN , SO WE COULD EXPECT PRICE HEADS UP TO ROUGHLY 105 , NOW THE STOCK IS FACING A KEY RESISTANCE AT 89 SO MONITOR CLOSELY THE STOCK OVER THIS WEEK , MAY GOING LOWER ON PROFIT TAKING........ BE TUNED