NCCW: Strong Liquidity Surges Despite Resistance Rejection

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NCCW: Strong Liquidity Surges Despite Resistance Rejection Nasr Co. for Civil WorksEGX_DLY:NCCWmnmabroukw36ixπŸ“Š NCCW: Strong Liquidity Surges Despite Temporary Resistance Rejection πŸš€πŸ“‰ πŸ” The Pulse: I view Nasr Company for Civil Works as highly bullish due to a strong influx of liquidity. 🌊 The price tested a major resistance ceiling today but failed to break above it. πŸ›‘ The underlying volume profile suggests this pause is only temporary. πŸ“ˆ 🧱 The Key Structural Boundaries The Resistance Ceiling (6.87 EGP): Immediate horizontal barrier. πŸ”₯ Clearing this level is required to unlock the next leg up. 🧱 The Structural Support Floor (6.21 EGP): Strong demand zone. βš“ I expect buyers to defend this baseline heavily during any pullback. πŸ›‘οΈ The Short-Term Target (7.38 EGP): Immediate upside objective. 🎯 A successful breakout above resistance opens a clear path to this zone. πŸš€ The Medium-Term Target (8.00 EGP): Macro trend objective. 🏁 Reaching this level will confirm a complete extension of the bullish wave. πŸ† 🎯 The Verdict The structural momentum remains heavily in favor of buyers. ⏳ I will look for entry opportunities around the solid 6.21 EGP support level. πŸ‘€ I am targeting 7.38 EGP and 8.00 EGP for profit-taking once a clean breakout prints. πŸ§˜β€β™‚οΈ --- If you like my insights, follow and boost! πŸ™ŒπŸ’™πŸš€ 🎁 $15 TradingView Discount: πŸ”— https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix βœ¨πŸ’ΈπŸ€‘