WATP Trend

Medium Term Short Term Near Term

Daily Chart Current

19-Mar-14 Forecast

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Last session, Modern Co. For Water closed at 2.23 gaining 0.02 points, nearly 0.90%. WATP is currently outperforming EGX70.

Currently, WATP is trading below 2.35 resistance zone. Our analysis implies that WATP may target 2.35 zone on the short term horizon. Accordingly, traders are advised to Hold, while keeping S/L just below 2.05 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.

Close:

2.23 2.10 2.35

Ticker Support 1 2.10 Support 2 1.85 Resistance 1 2.35
Head of TA Research Buy close to support. Sell close to resistance, S/L level not provided. Buy downward corrections. Sell upward corrections, S/L level not provided. Hold on current position AND track Stop/loss levels. Gulf Sales: Tamer Safwat Tel: 02-27929042 Email:tsafwat@aaisecurities.com Institutional Sales: Mohamed Mounir Tel: 02-27929043 Email::mmounir@aaisecurities.com

Support Level: Resistance Level: Stop / Loss Level:

Trend Med Term Short Term Near Term

Resistance 2 2.80

S/L 2.05

Reward 5.38%
Sales Team

Risk 8.07%

R/R 0.67

2.05
Trading Strategy

WATP

From 3 to 9 Months. From 3 to 6 Weeks. Up to 3 Weeks.

Buy Sell Buy Dips

Tamer Gamal, CFTe, MSTA, CETA Technical Analyst Abdel Rahman Atwa, CETA

Head of Sales: Yasser Alaa Tel: 02-27929041 Email:yalaa@aaisecurities.com

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Trend is up. Trend is down. Trend is flat.

Sell Rallies Hold

ZEOT Trend
Medium Term Short Term Near Term

Daily Chart Current

19-Mar-14 Forecast

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Last session, Extracted Oils closed at 1.56 gaining 0.09 points, nearly 6.10%. ZEOT is currently outperforming EGX70. Inline with expectations, ZEOT recorded a high of 1.57 that matched our previously forecasted target of 1.50 zone. Our analysis implies that ZEOT current rally may continue targeting 1.75 zone on the short term horizon. Accordingly, traders are advised to Hold, while keeping S/L just below 1.40 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.

Close:

1.56 1.30 1.75

Ticker Support 1 1.30 Support 2 1.15 Resistance 1 1.75
Head of TA Research Buy close to support. Sell close to resistance, S/L level not provided. Buy downward corrections. Sell upward corrections, S/L level not provided. Hold on current position AND track Stop/loss levels. Gulf Sales: Tamer Safwat Tel: 02-27929042 Email:tsafwat@aaisecurities.com Institutional Sales: Mohamed Mounir Tel: 02-27929043 Email::mmounir@aaisecurities.com

Support Level: Resistance Level: Stop / Loss Level:

Trend Med Term Short Term Near Term

Resistance 2 1.90

S/L 1.40

Reward 12.18%
Sales Team

Risk 10.26%

R/R 1.19

1.40
Trading Strategy

ZEOT

From 3 to 9 Months. From 3 to 6 Weeks. Up to 3 Weeks.

Buy Sell Buy Dips

Tamer Gamal, CFTe, MSTA, CETA Technical Analyst Abdel Rahman Atwa, CETA

Head of Sales: Yasser Alaa Tel: 02-27929041 Email:yalaa@aaisecurities.com

k m 1

Trend is up. Trend is down. Trend is flat.

Sell Rallies Hold