Watch List (1)
Watch List (1)
Watch List (1)
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JAZIRA SECURITIES BROKERAGE<br />
WATCH LIST (1)<br />
Tuesday, February 14, 2012<br />
AL BARAKA BANK – EGYPT<br />
RIC: SAUD.CA<br />
BOTTOM LINE: (Last Price: EGP9.82 )<br />
After fulfilling our up-side target (EGP10.0), we<br />
should salute ourselves. Traders who bought our signal<br />
near EGP9.0, should take some profits near current<br />
levels.<br />
The current structure still favorable, the up-trend is<br />
easily seen without using any complicated techniques<br />
and a decline to lower support levels should triggers<br />
your Buy stop. A decisive up-breakout over EGP10.0<br />
should also triggers your buy stop to EGP11.0<br />
SIGNIFICANT LEVELS:<br />
First Second Third<br />
Support 9.5 9.0 -<br />
Resistance 10 11 -<br />
Stop loss 9.0 - -<br />
Target 10 11 -<br />
CHARTS BOOK<br />
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