PHDC Exhaustion Palm Hills Development Co.EGX_DLY:PHDCmnmabroukw36ixPHDC Exhaustion šØ I am tracking Palm Hills (PHDC) as it hits a major ceiling. Despite the rally, price action suggests the move is overextended: Volume Squeeze: High volume at this peak without a breakout signals a "blow-off" top the final push before a correction. š Critical Pivot: We must close above 12.80 tomorrow to stay bullish. Otherwise, I expect a break of the 12.00 support, leading to consolidation toward 11.20. š§± Valuation: The stock is heavily overbought. Iām awaiting Q1 earnings to see if fundamentals can justify these prices. The Verdict: High-risk zone. If 12.00 fails, the wave is over for now. Stay disciplined. š§āāļøšÆ If you like my posts, please follow and boost š š Get a $15 discount on your next subscription: š https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix āØšø