Friday, March 5, 2010

Daily Technical Report on March 04 , 2010

04 Mar 2010 07:38 PM

The Egyptian exchange index EGX30 gone up today by the beginning of the session reached the level of 6842 then began to decline from this level to reach the level of 6783 which was the close for today’s session , and still accompanied by low volumes just under the billion level , generally as the index above the important support zone at 6500 we still target the zone of 7280 / 7300 on the short term , otherwise a stop loss should be activated if 6500 been violated to the downside