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    K K K K K K: Heli 19-May-14 Daily Chart

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    api-237717884
    The document provides a short term forecast for the stock ticker HELI. It recommends a "hold" position for HELI in the near term as the trend is still up and the stock could continue rallying towards resistance at 42.00. Traders are advised to hold their current positions while maintaining a stop-loss level below 32.00 and closely monitoring support and resistance levels. HELI recently closed at 34.64, above expectations and matching a previous forecast target of 35.00.

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    K K K K K K: Heli 19-May-14 Daily Chart

    Uploaded by

    api-237717884
    21 views1 page
    The document provides a short term forecast for the stock ticker HELI. It recommends a "hold" position for HELI in the near term as the trend is still up and the stock could continue rallying towards resistance at 42.00. Traders are advised to hold their current positions while maintaining a stop-loss level below 32.00 and closely monitoring support and resistance levels. HELI recently closed at 34.64, above expectations and matching a previous forecast target of 35.00.

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    The document provides a short term forecast for the stock ticker HELI. It recommends a "hold" position for HELI in the near term as the trend is still up and the stock could continue rallying towards resistance at 42.00. Traders are advised to hold their current positions while maintaining a stop-loss level below 32.00 and closely monitoring support and resistance levels. HELI recently closed at 34.64, above expectations and matching a previous forecast target of 35.00.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    21 views1 page

    K K K K K K: Heli 19-May-14 Daily Chart

    Uploaded by

    api-237717884
    The document provides a short term forecast for the stock ticker HELI. It recommends a "hold" position for HELI in the near term as the trend is still up and the stock could continue rallying towards resistance at 42.00. Traders are advised to hold their current positions while maintaining a stop-loss level below 32.00 and closely monitoring support and resistance levels. HELI recently closed at 34.64, above expectations and matching a previous forecast target of 35.00.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    HELI 19-May-14

    Trend Forecast
    Medium Term
    k
    Short Term
    k
    Near Term
    k
    Current:
    Ticker Support 1 Support 2 Resistance 1 Resistance 2 S/L Reward Risk R/R
    HELI 32.00 30.30 42.00 53.85 32.00 14.13% 13.04% 1.08
    Trend Trading Strategy Head of TA Research Sales Team
    Med Term From 3 to 9 Months. Buy Buy close to support. Tamer Gamal, CFTe, MSTA, CETA Head of Sales: Yasser Alaa
    Short Term From 3 to 6 Weeks. Sell Sell close to resistance, S/L level not provided. Technical Analyst Tel: 02-27929041
    Near Term Up to 3 Weeks. Abdel Rahman Atwa, CETA Email:[email protected]
    Buy Dips Buy downward corrections.
    k Trend is up. Sell Rallies Sell upward corrections, S/L level not provided. Gulf Sales: Tamer Safwat Institutional Sales: Mohamed Mounir
    m Trend is down. Tel: 02-27929042 Tel: 02-27929043
    1 Trend is flat. Hold Hold on current position AND track Stop/loss levels. Email:[email protected] Email::[email protected]
    Resistance Level: 35.00
    Stop / Loss Level: 32.00
    Last session, Heliopolis Housing closed at 34..64
    gaining 0.59 points, nearly 1.70%. HELI is currently
    outperforming EGX70.
    Inline with expectations, HELI recorded 36.80 that
    matched our previously forecasted target of 35.00
    zone. Our analysis implies that HELI current rally
    may continue targeting 42.00 zone on the short
    term horizon. Accordingly, traders are advised to
    Hold, while keeping S/L just below 32.00 level
    "updated".
    Traders are advised to "Hold", keep track of the
    Stop/Loss levels at all times and take all necessary
    actions to protect profits / reduce loss.
    36.80
    Support Level: 32.00
    Daily Chart
    Current
    k
    k
    k

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