ISPH Structural RisksIbnsina PharmaEGX_DLY:ISPHmnmabroukw36ixISPH Structural Risks I am tracking Ibnsina Pharma (ISPH) as it exhibits several bearish signals following its dividend date. Here is the breakdown of the current technical setup: Negative Indicators: The stock closed with a long red candle on high volume, breaking the main 11.00 support. This return below the long-term trendline suggests a fake breakout. š The 200MA Pivot: Price is currently resting on the 200MA. While recent negativity feels like "noise" post-dividends, this level must hold to avoid a structural shift. Confirmation Levels: Bullish Case: A move to 11.71 next week would confirm the noise theory and restore positivity. The Line in the Sand: The 10.10 level is critical. A break below this would force the stock back into its previous long-term downward trend channel. š”ļø My View: Iām watching for a reclaim of 11.71. Without it, the risk of re-entering the bear channel is high. Discipline is key watch the 10.10 floor. 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