UEGCAnalysis of #UEGC There is Head&Shoulders pattern forming on the daily timeframe and butterfly pattern supported by break down trend on daily frame Entry Point 0.545EGP I am looking to take profit at 0.625 and stop loss closing under 0.49
UEGC trade ideas
MBEG Set to Soar: Poised for a Historic Rally Back to EGP 118% Here’s a **bullish publication idea** for **M.B. Engineering (EGX: MBEG)**, focusing on its potential rally to **EGP 118**, retesting its **2008 highs**:
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# **MBEG Set to Soar: Poised for a Historic Rally Back to EGP 3! 🚀🔥**
M.B. Engineering (EGX: MBEG) is showing strong signs of a **major breakout**, with technical and historical indicators aligning for a potential rally back to its **2008 high of EGP3**.
## **Key Bullish Signals:**
✅ **Historical Resistance Turned Support**
MBEG previously hit **EGP 3 in 2008**, marking a significant level of interest. As the stock consolidates, it appears poised to **retest this critical level**, potentially signaling a new uptrend.
✅ **Volume and Momentum Increasing**
A rise in **trading volume** and **buy-side demand** suggests growing investor confidence, setting the stage for a potential surge.
✅ **Technical Breakout Incoming**
- If MBEG **breaks above recent resistance**, it could trigger a **parabolic move**.
- Watch for a clean breakout above **near-term resistance**, which could **confirm the trend reversal**.
✅ **Egypt’s Market Recovery & Sector Growth**
With **Egypt’s economic reforms** and increased **construction/infrastructure investments**, MBEG is well-positioned to benefit from **higher demand and sector expansion**.
## **Final Thought:**
If MBEG maintains its **upward momentum**, a retest of **EGP 118%** is **not out of reach**. Smart investors are keeping a close eye—**don’t miss the move!** 🚀📈
*What’s your price target for MBEG? Drop your thoughts below!* ⬇️💬
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Would you like to add any **charts, technical indicators, or market news** to strengthen this publication? 🚀Clear Divergence on the 4H time frame with increasing volume
#UEGC - Egyptian stock#UEGC time frame 1 DAY
Created a bearish Gartley pattern
Sell point at 1.029
Stop loss / rebuy 1.055 ( estimated loss - loss of additional profit -2.30% )
First target at 0.973 ( estimated profit - avoid capital loss or Realized gains - 5.50% )
Second target 0.924 ( estimated profit - avoid capital loss or Realized gains - 10.50% )
Third target 0.889 ( estimated profit - avoid capital loss or Realized gains - 14% )
NOTE : this data according to time frame 1 DAY
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
#UEGC#UEGC good trade with low stop loss and high target
with in long term and short term
target 0.98 EGP then2 EGP with long term
stop loss 0.70
