HELI 19-May-14

Trend Forecast
Medium Term
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Short Term
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Near Term
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Current:
Ticker Support 1 Support 2 Resistance 1 Resistance 2 S/L Reward Risk R/R
HELI 32.00 30.30 42.00 53.85 32.00 14.13% 13.04% 1.08
Trend Trading Strategy Head of TA Research Sales Team
Med Term From 3 to 9 Months. Buy Buy close to support. Tamer Gamal, CFTe, MSTA, CETA Head of Sales: Yasser Alaa
Short Term From 3 to 6 Weeks. Sell Sell close to resistance, S/L level not provided. Technical Analyst Tel: 02-27929041
Near Term Up to 3 Weeks. Abdel Rahman Atwa, CETA Email:yalaa@aaisecurities.com
Buy Dips Buy downward corrections.
k Trend is up. Sell Rallies Sell upward corrections, S/L level not provided. Gulf Sales: Tamer Safwat Institutional Sales: Mohamed Mounir
m Trend is down. Tel: 02-27929042 Tel: 02-27929043
1 Trend is flat. Hold Hold on current position AND track Stop/loss levels. Email:tsafwat@aaisecurities.com Email::mmounir@aaisecurities.com
Resistance Level: 35.00
Stop / Loss Level: 32.00
Last session, Heliopolis Housing closed at 34..64
gaining 0.59 points, nearly 1.70%. HELI is currently
outperforming EGX70.
Inline with expectations, HELI recorded 36.80 that
matched our previously forecasted target of 35.00
zone. Our analysis implies that HELI current rally
may continue targeting 42.00 zone on the short
term horizon. Accordingly, traders are advised to
Hold, while keeping S/L just below 32.00 level
"updated".
Traders are advised to "Hold", keep track of the
Stop/Loss levels at all times and take all necessary
actions to protect profits / reduce loss.
36.80
Support Level: 32.00
Daily Chart
Current
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