MIDDLE EAST PAPER CO.

Anlysis: Bullish Channel situation

As you see on the chart we will have a big probability of a reversal trend (uptrend) if we have the breakout with force the vwap indicator and the resistance line by a big green candle with a large green volume so at the next green candle we can buy. But, in other hand we will have also a big probability of a downtrend continuity if we have the breakout with force the support line by a big red candle with a large red volume so at the next red candle we can sell. Thanks!

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