EGAS Technical Exhaustion Egypt Gas Co.EGX_DLY:EGASmnmabroukw36ixEGAS Technical Exhaustion π I am tracking Egypt Gas (EGAS) as it reaches a critical inflection point. Following its strong breakout, the technicals now signal a period of caution: Target Achieved: After breaking the ascending triangle, the price has hit the patternβs measured target and is currently trading above my Fair Value estimate. π― Volume Exhaustion: Daily volume is decreasing, indicating the "fuel" for this bullish wave is drying up. While still high relative to historical averages, the downward trend in activity suggests buyer fatigue. β½οΈ Dividend Impact: With the dividend payment scheduled for tomorrow, I expect the usual price adjustment to coincide with this technical softness, likely ending the current bullish wave. π My View: The "easy money" phase of this move is over. With targets hit and volume thinning, the stock is entering a high-risk zone. I am looking for a healthy pullback before reassessing. π§ββοΈ If you like my posts, please follow and boost π π Get a $15 discount on your next subscription: π https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix β¨πΈ