- May 12, 2010
- Posted by: Ramki Ramakrishnan
- Category: Egyptian Stocks
This is the first time I looked at a stock from Egypt. I was asked to do Elliott wave analysis of Talaat Moustafa, and I’d like to share this with you today. To put it briefly, this stock has legs to reach 9 Pounds, but should it reach 10.45 plus area, be sure to take profits because we will likely experience a nice 35% decline from there.