CSAG Exhaustion & Pivot LevelsCanal Shipping Agencies Co.EGX_DLY:CSAGmnmabroukw36ixCSAG Exhaustion & Pivot Levels 🚢 I am tracking CSAG) as it shows signs of technical fatigue. Exhaustion & Divergence: Volume is thinning and the RSI is showing negative divergence. This suggests the current price levels are losing conviction, often a precursor to a "reset." 📉 The 200MA Floor: If softness persists, I expect a retest of the 200-day Moving Average (200MA) near 29.80 EGP. This is the critical structural support for the long-term trend. The Entry Trigger: Stay sidelined until a decisive close above 31.44. A high-volume breakout there would invalidate the exhaustion signal and start a new bullish leg. 🧱 The Strategy: Patience is key. Let the stock test the 29.80 floor. If it holds, wait for the 31.44 breakout to confirm momentum. Don't chase a fading wave. 🧘♂️🎯 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 ✨💸