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snour

AMOC may test 4.4

Short
ALEXANDRIA MINERAL OILS COMPANY (EGX_DLY:AMOC)  
snour  
EGX_DLY:AMOC   ALEXANDRIA MINERAL OILS COMPANY
Chart Patterns AMOC
3
0
chartpattern amoc
Weekly chart, the stock is likely forming a broadening pattern.
The price may test the lower support line at 4.50 - 4.40

Trading in this situation is not recommended as this pattern indicates uncertainty of the longer term direction..

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