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RACC: Bullish Breakout Needs One More Confirmation 📊 RACC: Bullish Breakout Needs One More Confirmation 🚀 🏛️ The Fundamentals: RACC remains an attractive value and export-oriented play, with strong FX revenue exposure, healthy profitability and valuation multiples that remain relatively low compared with the broader IT and BPO sector. 💰 📈 The Pulse: RACC is showing a positive setup for a long position after breaking both the triangle pattern and the Bollinger Band squeeze. 🚀 Price is also trading above the main support level around 10.11 EGP, keeping the short-to-medium-term structure positive. 📈 My only concern is that today's selling volume was higher than buying volume, which means I want one more confirmation before entering aggressively. ⚠️ The key confirmation level is 10.66 EGP, and I want to see a breakout followed by a close above this level. 🎯 A confirmed close above 10.66 EGP would strengthen the breakout and give me more confidence that the bullish wave can continue. 🚀 🧱 The Key Structural Boundaries: Breakout Confirmation: Daily close above 10.66 EGP with improving buying volume 🚀 First Target: 11.10 EGP 🎯 Second Target: 12.14 EGP, the ATH 📈 Final Target: 14.30 EGP, investing.com fair value 💰 🛡️ Risk Management: My stop-loss is a confirmed break below the green uptrend line. 🛑 As long as price remains above the uptrend structure and the 10.11 EGP support, the bullish setup remains valid. 📈 🎯 Verdict: RACC has several technical factors supporting a long position, including the triangle breakout, Bollinger Band squeeze breakout and price holding above 10.11 EGP. 📊 However, today's heavier selling volume means I would not chase the breakout yet. ⚠️ I want to see price break and close above 10.66 EGP before considering the setup fully confirmed. 🎯 If confirmed, the roadmap is 11.10 EGP, 12.14 EGP and eventually 14.30 EGP. 🚀 If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: www.tradingview.com ✨💸🤑

by mnmabroukw36ix

Technical Outlook: RACC (Raya Contact Center)🚀 Recent Price Action: RACC recently executed an extremely bullish wave, nearly testing its All-Time High (ATH) before being met with a significant profit-taking wave. 🌊💰 While the pullback was sharp, the price is currently consolidating above the 38% Fibonacci retracement level a very constructive sign that the primary uptrend is still intact. 🏗️✅ 🚧 The 10.66 Barrier: The stock is currently facing stiff rejection at the 10.66 resistance level. 🛡️ If the price attempts to test this level tomorrow and fails again, we should anticipate a deeper pullback next week. 📉📉 📉 Volume & Sentiment: The decreasing volume during this consolidation suggests a lack of immediate buying pressure to overcome the 10.66 ceiling. 🔇 This exhaustion often precedes a secondary retracement to find more aggressive buyers at lower levels. 🕵️‍♂️💸 📝 Strategic Recommendation: RACC remains bullish on the medium-to-long-term timeframes. 📈🌟 Entry Strategy: I recommend waiting for the completion of this pullback. Look for "signs of positivity" (bullish reversal candles or volume spikes) at any key Fibonacci levels before initiating new long positions. 🛒💎 If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: 🔗 www.tradingview.com ✨💸🤑

by mnmabroukw36ix

RACC: The Currency Hedge Raya Contact Center: The Currency Hedge 📞🌍 The Driver: 2025 revenue hit EGP 2.84B (up 12.6%). With 69% of revenue in USD, it acts as a massive natural shield against EGP volatility. 🛡️💵 Sharia Status: ✅ Compliant. A key constituent of the EGX33 Shariah Index with a very healthy debt-to-equity ratio of ~7.7%. ☪️📊 The Technicals: The stock is currently in a Bollinger Band (BB) consolidation phase. This "squeeze" usually precedes an explosive move. 🧨📈 The Safety Net: As long as the price stays above the 200-day Moving Average (200 MA), the long-term bullish thesis remains intact. 🛡️✅ Verdict: A top-tier "Defensive Growth" pick for those seeking USD-linked earnings on the EGX. 🚀🌟

by mnmabroukw36ix

RACC remains inside the uptrend channel after breaking the trian RACC remains inside the uptrend channel after breaking the triangle pattern 📐📈. Price is now closing near the main resistance, after bouncing from the 200 MA 🔄. It’s also trading below the VWAP of the ATH, suggesting relative value at current levels. ⚠️ However, if the uptrend channel breaks, the next downside level to watch would be 7.4. 👍 If you like my posts, please consider boosting

by mnmabroukw36ix

RACC strong volume coming in and broke an important resistance RACC saw strong volume coming in and broke an important resistance 🔊📈. You have two options: 🔹 Enter on a retest of 8.76 🔹 Wait for final confirmation with a break and close above 9.17 🎯 Target 1: 9.7 🎯 Target 2: 10.655 🎯 Target 3: 12.14 (ATH) 👍 If you like my posts, please consider boosting

by mnmabroukw36ix

RACC Price is approaching a major resistance at 7.43.RACC 📊 Price is approaching a major resistance at 7.43. 🔍 If price reacts from this level: • First confirmation: break above the moving white resistance • Second confirmation: clear and hold above 8 (major resistance) to avoid a fake breakout

by mnmabroukw36ix

Raya is forming a flag pattern. Raya is forming a flag pattern. I will not buy until price breaks above both the white moving resistance and the orange horizontal resistance, due to the deep pullback within the flag pattern.

by mnmabroukw36ix

#RACC RACC Good Opportunity your demand zone ^yellow zone^ red zone is the most imporatnt supply

by IbrahimTarek

NEXT MARKET MOVE UP TO 2023 NEXT MARKET MOVE UP TO 2023 At the bold black line, a major area, At the orange line, a sub area WE CAN UPDATE AFTER BROKEN

Raya there's a an inverted H&S pattern and if it complete we'll hit a target of 4.65 in the next 60 days i'm bullish on it for the next few months

by Mohamed_MeDev

Bullish trend Bullish trend is expected to make correction to previous high.

by ahmedelboshy2010