FWRY Technical Analysis: Tracking the CorrectionFawry For Banking Technology And Electronic PaymentEGX_DLY:FWRYmnmabroukw36ix📈 FWRY Technical Analysis: Tracking the Correction I am closely monitoring FWRY following its recent price action. Here is the current technical outlook: Resistance & Consolidation: After hitting the upper limit of its long-term uptrend on Feb 25, the stock entered a two-week consolidation phase and is now showing signs of softness. Structural Breaks: We’ve seen the price break below several key technical markers, including the rising trend line, the consolidation channel, the 0.382 Fibonacci level, and the 19.2 resistance zone. 📉 The Pullback Target: If this move is a standard pullback, the stock could decline toward 18.3. This level represents the lower band of the uptrend channel, which may provide the necessary momentum for a retest of all-time highs. 🛡️ My Take: I view any pullback in FWRY as a prime opportunity to increase your position rather than a reason to panic or exit the stock. 🧘♂️🎯 If you like my posts, please follow and boost 🙌 🎁 Get a $15 discount on your next subscription: 🔗 https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸