EMFD (Emaar Misr): Locked in the Channel & 200MA Battle! 📉
The stock remains trapped within its downtrend channel that began in November.
Today's failure to clear the 200-Day Moving Average (9.14) confirms that the bears are still guarding the exit. 📊
Current Status: Testing the 200MA (9.14) and failing; trend remains bearish. 🛑
Bullish Breakout: Needs a high-volume close above 9.26 (Fib 61.8%). 🚀
Main Target: Clear 9.26 → Aim for 9.90 (Main Resistance / CHoC). 🎯
The Floor: Immediate support at 8.86.
If this fails, the channel expansion continues lower. 🛡️
Wait for a daily close above 9.26 to signal the first real shift in momentum! 👀🔥
If you like my posts, please follow and boost 🙌
The stock remains trapped within its downtrend channel that began in November.
Today's failure to clear the 200-Day Moving Average (9.14) confirms that the bears are still guarding the exit. 📊
Current Status: Testing the 200MA (9.14) and failing; trend remains bearish. 🛑
Bullish Breakout: Needs a high-volume close above 9.26 (Fib 61.8%). 🚀
Main Target: Clear 9.26 → Aim for 9.90 (Main Resistance / CHoC). 🎯
The Floor: Immediate support at 8.86.
If this fails, the channel expansion continues lower. 🛡️
Wait for a daily close above 9.26 to signal the first real shift in momentum! 👀🔥
If you like my posts, please follow and boost 🙌
עסקה פעילה
EMFD (Emaar Misr): The Box Squeeze 🏗️🤐The Range: Consolidation between 8.94 (Support) and 9.42 (Resistance). ↔️🧱
The Signal: No action until a high-volume breakout of either side. 🤐📊
Sharia Status: ✅ Compliant. Firmly in the EGX33 Shariah Index (April 2026). ☪️📜
Verdict: "Watch Phase" confirmed.
Let the volume pick the winner at 9.42 or 8.94. 🛡️⏳
If you like my posts, please follow and boost 🙌
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כתב ויתור
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.