ORASCOM CONSTRUCTION PLC

Orascom Constr. Egypt has a "conditional" target 342.7

178
1-hour chart
The stock ORAS completed a flag chart pattern (lines S1 and S2) and is re-testing a support level at 301.25
Technical indicators RSI and MACD are showing a correction is soon

Next support is line S1 (at around 294.5) - Closing below this level, the next support will be S2 (around 272)

Trading above 308 for 2 hours, the target will be 325, and stabilizing above 325 for 3 hours, the target will be 342.7 - 343

Raise the profit protection / stop loss level as the price goes up.

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