EMFD Technical Divergence Emaar Misr for Development SAEEGX_DLY:EMFDmnmabroukw36ixEMFD Technical Divergence 🏗️ I am tracking Emaar as it enters a critical consolidation phase. While the long-term trend remains bullish, the short-term indicators are flashing a warning: Negative Divergence: I am seeing a clear split between price action and momentum. Both the RSI and Delta Volume are showing negative divergence meaning the price is holding up, but the buying "conviction" is fading. 📉 Correction Risk: This setup often leads to a tactical pullback before a stock can gather the strength to retest its All-Time High (ATH). Key Levels: The Pivot: 10.50. If we break below this level this week, the correction is confirmed. The Target: I expect a retest of the Fibonacci level at 10.00. This would be a healthy "reset" for the bullish wave. 🧱 My Take: Don't chase the consolidation. If 10.50 fails, look for a better entry at the 10.00 psychological support. A healthy correction here is better than a forced rally on weak volume. 🧘♂️🎯 If you like my posts, please follow and boost 🙌 🎁 Get a $15 discount on your next subscription: 🔗 https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸