Beltone Holding (EGX) on the 2-day timeframe**, showing a potent

16 Mac

### **Key Observations:**
1. **Falling Wedge Formation (Bullish Pattern)**
- The stock is trading inside a **falling wedge**, which is a bullish reversal pattern.
- A breakout above the upper trendline could trigger **strong upside movement**.

2. **Volume Profile Analysis**
- There is strong **buying interest around 2.2 EGP**, where **high trading volume** is concentrated.
- If the price breaks out, there is **low resistance until 3.23 - 3.92 EGP**, meaning **a rapid move upward is possible**.

3. **Target Levels**
- **First Target:** **3.23 EGP** (key resistance zone).
- **Second Target:** **3.92 - 4.48 EGP** (strong supply zone).
- **Final Target:** **4.83 EGP** (major resistance from historical highs).

4. **Stop-Loss & Risk Management**
- **Stop-Loss:** Below **1.99 - 1.92 EGP**, where strong support is present.
- **Risk-to-Reward Ratio:** **Highly favorable**, indicating good profit potential.

5. **Confirmation of Bullish Breakout**
- A **break and close above 2.62 - 2.70 EGP** with strong volume would confirm the breakout.
- RSI and MACD indicators (not shown) could help validate the momentum shift.

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### **Trade Plan (Bullish Setup)**
- **Entry Zone:** **2.20 - 2.62 EGP** (buy near breakout level).
- **Stop-Loss:** **Below 1.92 EGP** (if breakdown occurs).
- **Take Profit Levels:**
- **TP1:** 3.23 EGP
- **TP2:** 3.92 EGP
- **TP3:** 4.83 EGP

💡 **If the price breaks out with high volume, this trade has significant upside potential.**

2 Mei

Dagangan aktif

6 Mei

Nota

tomorrow is the day we need to break this pattern

20 Mei

Nota

very very beautiful play tomorrow im selling my tanmya and adding it up overhere to first target easy now we got attention every buy

10 Jun

Nota

addding mooooooooooore pew pew pew

4 hari lalu

Nota

alright and start to close some of my positions guys good luck i got satisfied