egx30

24 Feb 2010 06:31 PM

The Egyptian exchange index EGX30 strongly gone down today by the beginning of the session reached the level of 6543 then began to rebound high again and reached the level of 6608 which was the close for today’s session , gaining 33 points to the upside, and accompanied by low volumes under the billion level , which indicates the weakness of the buying power , 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 violation 6500 to the downside