TAQA: First Bullish Signal, But Confirmation Is Still Needed TAQA ArabiaEGX_DLY:TAQAmnmabroukw36ixπ TAQA: First Bullish Signal, But Confirmation Is Still Needed β οΈ π§ The Pulse Today, TAQA showed its first positive signal since making its 52-week high in June. π The stock broke out of its Bollinger Band squeeze, indicating volatility may be returning. π However, this alone is not enough to confirm a new uptrend. β οΈ I want to see a daily close above the 0.382 Fibonacci level at 15.00, (conservative confirmation) followed by a breakout above the major resistance at 15.75. π― π§± The Key Structural Boundaries Breakout Trigger: Daily close above 15.00, then a confirmed breakout above 15.75. π First Target: Retest the 52-week high around 17.00. π Second Target: The annual Rumble target around 20.00. π― Final Target: The long-term triangle breakout target around 24.00. π βοΈ The Verdict Today's move is encouraging, but confirmation is still missing. β οΈ Wait for the break above 15.00 or 5.75 before turning decisively bullish. π If you like my insights, follow and boost! πππ π $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix β¨πΈπ€