### **📈 Egyptian Transport (EGYTRANS) – Bullish Trend Analysis 🚀**
Your chart on **EGYTRANS (EGX:ETRS)** shows signs of a potential **bullish trend**, but confirmation is needed. Here’s a detailed analysis:
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### **✅ Bullish Trend Confirmation:**
1️⃣ **Support Holding at 4.507 EGP** – Important level.
2️⃣ **Breakout Possible Above 4.968 EGP** – Key resistance zone.
3️⃣ **RSI at 48.89** – Neutral, needs to cross 55 for bullish momentum.
4️⃣ **MACD Crossover Forming** – Could push price higher.
5️⃣ **Volume Profile Shows Buyers** accumulating around 4.9-5.2 EGP.
---
### **📈 Trade Setup:**
- **Entry:** Above **5.208 EGP** for strong confirmation.
- **Target 1:** **6.199 EGP** (Resistance level).
- **Stop-Loss:** Below **4.507 EGP** to limit downside.
---
### **🔍 Key Observations:**
✅ If price **stays above moving averages**, bullish trend strengthens.
✅ **Volume must increase** on breakout to confirm trend shift.
✅ **Watch for a retest of 5.208 EGP** before a stronger rally.
---
🔥 **Final Verdict:** **Bullish but needs breakout confirmation above 5.208 EGP.**
Your chart on **EGYTRANS (EGX:ETRS)** shows signs of a potential **bullish trend**, but confirmation is needed. Here’s a detailed analysis:
---
### **✅ Bullish Trend Confirmation:**
1️⃣ **Support Holding at 4.507 EGP** – Important level.
2️⃣ **Breakout Possible Above 4.968 EGP** – Key resistance zone.
3️⃣ **RSI at 48.89** – Neutral, needs to cross 55 for bullish momentum.
4️⃣ **MACD Crossover Forming** – Could push price higher.
5️⃣ **Volume Profile Shows Buyers** accumulating around 4.9-5.2 EGP.
---
### **📈 Trade Setup:**
- **Entry:** Above **5.208 EGP** for strong confirmation.
- **Target 1:** **6.199 EGP** (Resistance level).
- **Stop-Loss:** Below **4.507 EGP** to limit downside.
---
### **🔍 Key Observations:**
✅ If price **stays above moving averages**, bullish trend strengthens.
✅ **Volume must increase** on breakout to confirm trend shift.
✅ **Watch for a retest of 5.208 EGP** before a stronger rally.
---
🔥 **Final Verdict:** **Bullish but needs breakout confirmation above 5.208 EGP.**
Nota
TRADE IS ACTIVATED ⚡️⚡️💥💥🚀Nota
I'm adding more to my position Dagangan aktif
wooow woooow finally the trade of the week pew pew pewNota
volume increase and more bullish Dagangan ditutup: sasaran tercapai
cash it out and hold your cash dont buy any stock for next week only sell sell sell Penafian
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Penafian
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