EGEN in a Long-Term Down Channel, Accumulation Phase Offers OppoEGENERATION PLCDSEBD_DLY:EGENMahmudReyadhEGEN has been trading within a well-defined downward channel for nearly a year. Throughout this period, the stock has made several attempts to break above the channel, with the most recent effort occurring on July 17. However, each attempt has failed to sustain a breakout. Notably, during May and June, the stock exhibited a clean accumulation phase — indicating potential interest building up at the lower levels. Given this context, we are eyeing a buying opportunity around the 19 BDT level, where risk-reward appears favorable. Patience and proper risk management are key while positioning in such technically suppressed setups.