MASR: Navigating the Pullback

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MASR: Navigating the PullbackMadinet Masr for Housing & DevelopmentEGX_DLY:MASRmnmabroukw36ixTrading at a P/E of 3.2x, the stock is significantly cheaper than its 5-year average of 6.9x. 📉 Sector Comparison: While the real estate sector average sits around 11.6x, MASR remains one of the most "undervalued" names on paper. 🏦 Fibonacci Pressure: The stock is currently testing the 50% Fib level. If this fails to hold next week, the next "magnet" is the 61.8% Fib at 5.11 EGP. 📏🎯 Historical Support: The 5.00 EGP psychological mark aligns with a long-term historical trendline, making it the ultimate "line in the sand" for bulls. 🛡️ Patience is the play here. Watching for strong price action (reversal candles) at 5.11 or 5.00 could provide a much safer entry than catching the falling knife! 👀🔥 If you like my posts, please follow and boost 🙌