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    K K K K K K: Watp 19-Mar-14 Daily Chart

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    api-237717884
    The document provides analysis and recommendations for two Egyptian stocks - WATP and ZEOT. For WATP, it is currently trading below the 2.35 resistance zone and may target this zone in the short term. Traders are advised to hold their position and keep the stop-loss level below 2.05. For ZEOT, its recent rally may continue targeting the 1.75 resistance zone in the short term. Traders should hold this position as well and maintain a stop-loss level below 1.40. The analysis also provides price targets and levels for both stocks over different time horizons.

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    Download as PDF, TXT or read online from Scribd

    K K K K K K: Watp 19-Mar-14 Daily Chart

    Uploaded by

    api-237717884
    34 views2 pages
    The document provides analysis and recommendations for two Egyptian stocks - WATP and ZEOT. For WATP, it is currently trading below the 2.35 resistance zone and may target this zone in the short term. Traders are advised to hold their position and keep the stop-loss level below 2.05. For ZEOT, its recent rally may continue targeting the 1.75 resistance zone in the short term. Traders should hold this position as well and maintain a stop-loss level below 1.40. The analysis also provides price targets and levels for both stocks over different time horizons.

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    The document provides analysis and recommendations for two Egyptian stocks - WATP and ZEOT. For WATP, it is currently trading below the 2.35 resistance zone and may target this zone in the short term. Traders are advised to hold their position and keep the stop-loss level below 2.05. For ZEOT, its recent rally may continue targeting the 1.75 resistance zone in the short term. Traders should hold this position as well and maintain a stop-loss level below 1.40. The analysis also provides price targets and levels for both stocks over different time horizons.

    Copyright:

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

    K K K K K K: Watp 19-Mar-14 Daily Chart

    Uploaded by

    api-237717884
    The document provides analysis and recommendations for two Egyptian stocks - WATP and ZEOT. For WATP, it is currently trading below the 2.35 resistance zone and may target this zone in the short term. Traders are advised to hold their position and keep the stop-loss level below 2.05. For ZEOT, its recent rally may continue targeting the 1.75 resistance zone in the short term. Traders should hold this position as well and maintain a stop-loss level below 1.40. The analysis also provides price targets and levels for both stocks over different time horizons.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    WATP Trend

    Medium Term Short Term Near Term

    Daily Chart Current

    19-Mar-14 Forecast

    k k k

    k k k

    Last session, Modern Co. For Water closed at 2.23 gaining 0.02 points, nearly 0.90%. WATP is currently outperforming EGX70.

    Currently, WATP is trading below 2.35 resistance zone. Our analysis implies that WATP may target 2.35 zone on the short term horizon. Accordingly, traders are advised to Hold, while keeping S/L just below 2.05 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.

    Close:

    2.23 2.10 2.35


    Ticker Support 1 2.10 Support 2 1.85 Resistance 1 2.35
    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 2.80

    S/L 2.05

    Reward 5.38%
    Sales Team

    Risk 8.07%

    R/R 0.67

    2.05
    Trading Strategy

    WATP

    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

    ZEOT Trend
    Medium Term Short Term Near Term

    Daily Chart Current

    19-Mar-14 Forecast

    k k k

    k k k

    Last session, Extracted Oils closed at 1.56 gaining 0.09 points, nearly 6.10%. ZEOT is currently outperforming EGX70. Inline with expectations, ZEOT recorded a high of 1.57 that matched our previously forecasted target of 1.50 zone. Our analysis implies that ZEOT current rally may continue targeting 1.75 zone on the short term horizon. Accordingly, traders are advised to Hold, while keeping S/L just below 1.40 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.

    Close:

    1.56 1.30 1.75


    Ticker Support 1 1.30 Support 2 1.15 Resistance 1 1.75
    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 1.90

    S/L 1.40

    Reward 12.18%
    Sales Team

    Risk 10.26%

    R/R 1.19

    1.40
    Trading Strategy

    ZEOT

    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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