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  • EGX30 Index (.EGX30) 32,026.14 (0.89%)
  • The EGX30 Index continued to rise for the third consecutive month and closed at its highest level in five months at 32,026 points.
  • Worth noting that we have previously referred that the recent pullback was a normal correction and a good buying opportunity.
  • Currently, the Index is approaching the key resistance level at 32,185 points. hence, a successful breach above this level would pave the way for further advances towards 32,500, followed by 32,900 points.
  • In this regard, short term investors are advised hold as long as the Index keeps trading above the last week’s low at 31,560 points. 

Candlestick Chart

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