Egypt
November 16, 2009
Egypt Technical Overview
Prime Research 1
Short Term Recommendations on the Egyptian Stock Market
Bearish
Stock name Reuters code Last Trade S R Target price Intermediate overview Recommendation
Talaat Moustafa TMGH.
CA 6....
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Egypt
November 16, 2009
Egypt Technical Overview
Prime Research 1
Short Term Recommendations on the Egyptian Stock Market
Bearish
Stock name Reuters code Last Trade S R Target price Intermediate overview Recommendation
Talaat Moustafa TMGH.
CA 6.
83 6.
80 7.
30 6.
80▼√ Up trend
Hold rest of position above
6.
80
Sinai Cement SCEM.
CA 41.
90 40.
00 43.
00 42.
90▲√ Up trend
Reduce
Hold rest of position
above 40.
00
Commercial International
Bank
COMI.
CA 56.
80 57.
00 58.
50 59.
70▲ Up trend
Add on a rise above 58.
30
Hold above 56.
50
Alexandria Containers ALCN.
CA 106.
00 98.
30 112.
00 105.
30▼√ Up trend Hold above 105.
00
GB Auto AUTO.
CA 24.
31 23.
00 26.
95 24.
00▼ Side way Hold above 24.
00
Cairo Housing ELKA.
CA 8.
70 7.
50 8.
90 8.
90▲√ Side way
Reduce
Sell on a dip below 8.
60
EFG Hermes HRHO.
CA 31.
80 30.
50 33.
90 33.
50▲√ Up trend
Hold rest of position above
30.
50
Ezz Steel Rebars ESRS.
CA 15.
69 14.
75
Less