GBCO: Consolidation Rules Post-Uptrend Line Breakdown GB CorpEGX_DLY:GBCOmnmabroukw36ix📊 GBCO: Consolidation Rules Post-Uptrend Line Breakdown 🚀📈 🔍 The Pulse: I view Ghabbour Auto as more sideways than bullish on the medium-term timeframe. 🔄 The price action broke below its primary uptrend line and has already retested it twice. 📉 A double bottom pattern successfully played out and hit its first target before reacting downward. ⚡ I see the stock building momentum for a potential third retest of that major broken trendline. 🔍 🧱 The Key Structural Boundaries The High-Value Entry Zone (26.50 - 26.90 EGP): Long-term accumulation pocket. ⚓ I consider this horizontal demand block an ideal area for building long-term exposure. 🎯 The Immediate Resistance Target (30.30 EGP): First major overhead barrier. 🛡️ The price has previously shown a strong negative reaction at this horizontal supply ceiling. 🛑 The Secondary Breakout Target: The broken macro uptrend line. 🚀 A successful run here will test the trendline for a third consecutive time. 📐 The Ultimate Macro Target (33.00 EGP): All-Time High ceiling. 🏔️ Clearing the trendline retest opens the path to challenge the historical peak. 🏁 🎯 The Verdict The medium-term structure demands an institutional mindset. ⏳ I recommend avoiding rushed entries and letting the price settle into the 26.50 - 26.90 EGP accumulation pocket. 👀 I will target the major structural pivots at 30.30 EGP and the trendline retest for profit-taking. 🛒 I emphasize that anyone entering this setup must exercise extreme patience as the consolidation plays out. 🧘♂️ --- If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: 🔗 https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑