isph-egyIbnsina PharmaEGX_DLY:ISPHQQQQ9999professional technical analysis in English based on the second chart you shared (monthly timeframe – EGP-denominated stock, Insina Pharma): 📈 Primary Trend (Long-Term) The long-term trend is bullish. Price is moving within a well-defined ascending channel (pink trendlines). The strong rally from the 2022–2023 lows confirms a structural trend reversal from bearish to bullish. 🟣 Highlighted Time Zone (Purple Area) The shaded purple zone represents a high-momentum expansion phase. This phase shows vertical price acceleration, usually followed by: Consolidation Or a corrective pullback before continuation 📌 Such zones often mark late-stage momentum, where risk increases for new entries. 🟦 Key Resistance / Supply Zone Marked blue zone: Lower bound: 13.287 Upper bound: 14.187 This area represents: Prior resistance Channel upper-mid interaction Likely profit-taking / supply zone ➡️ Price is currently below this resistance, rejecting from lower levels. 🔴 Current Price Context Current price: ~10.85 Price has pulled back after a strong rally This pullback so far looks corrective, not trend-breaking 🔻 Scenarios ❌ Bearish / Deeper Correction Scenario Triggered if: Monthly close below the rising channel midline Loss of momentum structure Downside targets: 9.50 – 9.00 Stronger support near 8.00 – 7.50 Channel base (major support) 📌 This would still be considered a healthy correction within a bullish trend unless the channel is broken. ✅ Bullish Continuation Scenario (Preferred) Triggered if: Price holds above the rising channel support Builds a base between 9.50 – 11.00 Then breaks above 13.30 Upside targets: 14.20 (first major resistance) 16.00 – 16.80 Channel upper boundary extensions beyond that 📌 A confirmed breakout above 14.20 would signal trend continuation, not just a bounce. 🎯 Risk & Positioning Notes Chasing price at highs is risky after such an extended rally Best risk-reward comes from: Pullbacks to channel support Or confirmed breakout + retest above 13.30–14.20 Long-term investors should focus on monthly closes, not intramonth volatility 🧠 Summary This is a structurally bullish stock in a long-term uptrend. The current phase is a cooling-off / correction, not a trend failure. 13.30–14.20 remains the key level separating consolidation from continuation.