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    K K K K K K: Elsh 19-Dec-13 Daily Chart

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    ELSH closed at 4.58, gaining 0.25 points. The analysis indicates ELSH may target 4.80, then 5.10 over the medium term. Traders are advised to hold their positions and watch support at 4.10. OTMT closed at 0.76, unchanged. It is expected to continue trading within the 0.65-0.80 range in the short term. Traders should trade the range and buy strongly above 0.95, targeting 1.30 while maintaining a stop-loss below 0.64.

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    K K K K K K: Elsh 19-Dec-13 Daily Chart

    Uploaded by

    api-237717884
    87 views2 pages
    ELSH closed at 4.58, gaining 0.25 points. The analysis indicates ELSH may target 4.80, then 5.10 over the medium term. Traders are advised to hold their positions and watch support at 4.10. OTMT closed at 0.76, unchanged. It is expected to continue trading within the 0.65-0.80 range in the short term. Traders should trade the range and buy strongly above 0.95, targeting 1.30 while maintaining a stop-loss below 0.64.

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    ELSH closed at 4.58, gaining 0.25 points. The analysis indicates ELSH may target 4.80, then 5.10 over the medium term. Traders are advised to hold their positions and watch support at 4.10. OTMT closed at 0.76, unchanged. It is expected to continue trading within the 0.65-0.80 range in the short term. Traders should trade the range and buy strongly above 0.95, targeting 1.30 while maintaining a stop-loss below 0.64.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    87 views2 pages

    K K K K K K: Elsh 19-Dec-13 Daily Chart

    Uploaded by

    api-237717884
    ELSH closed at 4.58, gaining 0.25 points. The analysis indicates ELSH may target 4.80, then 5.10 over the medium term. Traders are advised to hold their positions and watch support at 4.10. OTMT closed at 0.76, unchanged. It is expected to continue trading within the 0.65-0.80 range in the short term. Traders should trade the range and buy strongly above 0.95, targeting 1.30 while maintaining a stop-loss below 0.64.

    Copyright:

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    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    ELSH Trend

    Medium Term Short Term Near Term

    Daily Chart Current

    19-Dec-13 Forecast

    k k k

    k k k

    Last session, El Shams Housing & Urbanization closed at 4.58 gaining 0.25 points, nearly 5.80%. ELSH is currently outperforming EGX70.

    Currently, ELSH is trading above 4.20 support zone. Our analysis implies that ELSH may target 4.80 zone, then 5.10 zone on the medium term horizon (3 - 6 months). Accordingly, traders are advised to Hold, while keeping S/L just below 4.10 level.

    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.

    Close:

    4.58 4.20 4.80


    Ticker Support 1 4.20 Support 2 3.85 Resistance 1 4.80
    Head of TA Research Buy close to support. Sell close to resistance, S/L level not provided. Buy downward corrections. Sell upward corrections, S/L level not provided. Hold on current position AND track Stop/loss levels. Gulf Sales: Tamer Safwat Tel: 02-27929042 Email:[email protected] Institutional Sales: Mohamed Mounir Tel: 02-27929043 Email::[email protected]

    Support Level: Resistance Level: Stop / Loss Level:


    Trend Med Term Short Term Near Term

    Resistance 2 5.10

    S/L 4.10

    Reward 4.80%
    Sales Team

    Risk 10.48%

    R/R 0.46

    4.10
    Trading Strategy

    ELSH

    From 3 to 9 Months. From 3 to 6 Weeks. Up to 3 Weeks.

    Buy Sell Buy Dips

    Tamer Gamal, CFTe, MSTA, CETA Technical Analyst Abdel Rahman Atwa, CETA

    Head of Sales: Yasser Alaa Tel: 02-27929041 Email:[email protected]

    k m 1

    Trend is up. Trend is down. Trend is flat.

    Sell Rallies Hold

    OTMT Trend
    Medium Term Short Term Near Term

    Daily Chart Current

    19-Dec-13 Forecast

    k k k

    k k k

    Last session, Orascom Telecom Media & Tech. closed at 0.76 gaining 0.00 points, nearly 0.00%. OTMT is currently outperforming EGX30. Currently, OTMT is trading within (0.65 - 0.80) zone. Our analysis implies that OTMT may continue to trade within such zone on the short term horizon. Accordingly, traders are advised to Trade Range and Strong buy on close above 0.95 zone targeting 1.30, while keeping S/L just below 0.64 level. Traders are advised to "Trade Range", keep track of the Stop/Loss levels at all times and take all necessary actions to protect profits / reduce loss.

    Close:

    0.76 0.65 0.95


    Ticker Support 1 0.65 Support 2 0.50 Resistance 1 0.95
    Head of TA Research Buy close to support. Sell close to resistance, S/L level not provided. Buy downward corrections. Sell upward corrections, S/L level not provided. Hold on current position AND track Stop/loss levels. Gulf Sales: Tamer Safwat Tel: 02-27929042 Email:[email protected] Institutional Sales: Mohamed Mounir Tel: 02-27929043 Email::[email protected]

    Support Level: Resistance Level: Stop / Loss Level:


    Trend Med Term Short Term Near Term

    Resistance 2 1.30

    S/L 0.64

    Reward 25.00%
    Sales Team

    Risk 15.79%

    R/R 1.58

    0.64
    Trading Strategy

    OTMT

    From 3 to 9 Months. From 3 to 6 Weeks. Up to 3 Weeks.

    Buy Sell Buy Dips

    Tamer Gamal, CFTe, MSTA, CETA Technical Analyst Abdel Rahman Atwa, CETA

    Head of Sales: Yasser Alaa Tel: 02-27929041 Email:[email protected]

    k m 1

    Trend is up. Trend is down. Trend is flat.

    Sell Rallies Hold

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