K K K K K K: Amer 18-Dec-13 Daily Chart

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AMER Trend

Medium Term Short Term Near Term

Daily Chart Current

18-Dec-13 Forecast

k k k

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Last session, Amer Group Holding closed at 0.68 gaining 0.02 points, nearly 3.00%. AMER is currently same performer as EGX30. Currently, AMER is trading above 0.62 support zone. Our analysis implies that AMER may target 0.85 zone on the medium term horizon (3 to 6 months). Accordingly, traders are advised to Buy, while keeping S/L just below 0.64 level that will be adjusted according to price changes. Traders are advised to "Buy", keep track of the Stop/Loss levels at all times and take all necessary actions to protect profits / reduce loss.

Close:

0.68 0.62 0.85


Ticker Support 1 0.62 Support 2 0.56 Resistance 1 0.85
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 0.91

S/L 0.64

Reward 25.00%
Sales Team

Risk 5.88%

R/R 4.25

0.64
Trading Strategy

AMER

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

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