CIRA EDU | Breakout Brewing After Rate Cut – Eyes on 16.80 EGP! CIRA is showing early signs of a bullish reversal just as Egypt's Central Bank slashes bond interest rates by 2.5%. With a fresh MACD bullish crossover and rising momentum, the stock is pushing off key support and aiming for the top of the Ichimoku cloud.
Momentum: Price just broke out of a short-term consolidation zone
Ichimoku Cloud: Price is trying to break upward but still under the cloud → neutral to mildly bullish
Stochastic RSI: Entering overbought territory (above 80)
RSI: Around 42–43 → still has upside room
MACD: Gave a bullish crossover, histogram flipped green → early bullish signal
🟢 Entry: 14.40 EGP
🎯 TP Levels: 15.45 / 16.4
🔻 SL: 13.3
The education sector tends to thrive in lower rate environments, and with strong dividend growth and improving EBITDA, CIRA could be a hidden gem for short- to medium-term traders.
CIRA trade ideas
#CIRA - Egyptian stock#CIRAtime frame 1 DAY
Created a Bullish Gartley pattern
Entry level at 14.10
Stop loss 13.60 (-5% estimated loss )
First target at 15.25 ( 8% estimated profit )
Second target 16.30 ( 15% estimated profit )
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
CIRA is waiting for a bullish market- Probably the best looking chart at the moment in the market.
- market needs to be bullish for this trade to work.
- its hanging now around a good R:R.
- We have a gap on the monthly around the 16.40. Once we break the 14 area, we may get an impulsive move towards the gap.