Monday , June 5 2023

Masi consolidates in small volumes


Low-key session on Monday, where volumes were limited to 12.3 MDH. The Masi fell 0.18% to 11,590 points followed by Maroc Telecom (-0.48% to 144.3 DH) and Attijariwafa bank (-0.38%). The volumes on these two values ​​are low and reach respectively 8 MDH and 1.99 MDH.

Third volume of the day for 776 KDH, Total Morocco gains 2.78% to 1,295 DH.

Graphic elements

Graphically, the index is in strong upward movement since the technical level overflows by 11,500 points.

Shortly and without removing a pause return to validate the 11,500-point polarization reversal, a continuation to 11,800 points is expected, a level of significant resistance for the index.

Technical indicators are bullish and do not show saturated signals during moving averages, all bullish, supportive movement.

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