El-Shams Housing & Development SA
Long
Mis à jour

ELSH - old player

151
ELSH timeframe: 1 hour.
A triangle pattern was identified, targeting 8.20. No new entry is recommended for shareholders, but if prices retest the triangle pattern at 7.65–7.60, it could present a low-risk entry opportunity.
This may also form a potential bearish Gartley pattern with targets:
- T1: 7.93
- T2: 8.12
- T3: 8.30 (sell point)
Stop loss: 7.50.
If prices continue rising and close above 8.47, consider rebuying what was sold at 8.30.

Disclaimer: This is not financial advice, only our analysis based on chart data. Consult your account manager before investing.

Good luck!
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