MPCI (Memphis Pharma): The State-Owned Momentum Play 💊⚓
The Index Gap: Even though the industry is "halal," MPCI remains outside the EGX33 Shariah Index.
As with many state-owned entities, the lack of a dedicated Sharia board or specific debt-ratio thresholds keeps it off the official list. ☪️🚫
The Cash Disconnect: While the stock has seen massive price appreciation recently, the disconnect between reported earnings and actual Operating Cash Flow is a major vulnerability. In this market, when the music stops for low-cash companies, the correction is usually vertical. 💸📉
The Technical Roadmap:
The Gatekeeper: 176.00 EGP is the "line in the sand." This resistance has become a psychological ceiling. 🧱
The Rule: No new entries without a high-volume daily close above 176.00.
Buying right under resistance is a classic "Retail Trap." 🪤⚠️
The Support: If the correction you fear triggers, watch for the first major support to form around the 152. 🩹
Sharia Confirmation:
❌ Status: Non-Compliant (Not Listed).
Verdict: Hold & Trail.
If you're in, trail your stop-loss tightly.
For everyone else, stay on the sidelines until 176.00 is convincingly conquered. 🛡️⚖️
If you like my posts, please follow and boost 🙌
🎁 Get a $15 discount on your next subscription:
🔗 tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸
The Index Gap: Even though the industry is "halal," MPCI remains outside the EGX33 Shariah Index.
As with many state-owned entities, the lack of a dedicated Sharia board or specific debt-ratio thresholds keeps it off the official list. ☪️🚫
The Cash Disconnect: While the stock has seen massive price appreciation recently, the disconnect between reported earnings and actual Operating Cash Flow is a major vulnerability. In this market, when the music stops for low-cash companies, the correction is usually vertical. 💸📉
The Technical Roadmap:
The Gatekeeper: 176.00 EGP is the "line in the sand." This resistance has become a psychological ceiling. 🧱
The Rule: No new entries without a high-volume daily close above 176.00.
Buying right under resistance is a classic "Retail Trap." 🪤⚠️
The Support: If the correction you fear triggers, watch for the first major support to form around the 152. 🩹
Sharia Confirmation:
❌ Status: Non-Compliant (Not Listed).
Verdict: Hold & Trail.
If you're in, trail your stop-loss tightly.
For everyone else, stay on the sidelines until 176.00 is convincingly conquered. 🛡️⚖️
If you like my posts, please follow and boost 🙌
🎁 Get a $15 discount on your next subscription:
🔗 tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.