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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 />

14

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