RREI: Healthy Pullback Creates Better Long-Term Opportunity Arab Real Estate Investment Co.EGX_DLY:RREImnmabroukw36ix📊 RREI: Healthy Pullback Creates Better Long-Term Opportunity 🏗️ 🏛️ The Fundamentals RREI remains a solid real estate company, but its valuation has become expensive relative to its peers after the recent rally. ⚠️ The high valuation justifies waiting for a deeper pullback before considering a new position. 📊 🧠 The Pulse The recent correction is healthy, especially after the stock reached its fair value estimate and the Fibonacci extension target from the triangle breakout. 📉 I would prefer accumulating at deeper technical support rather than chasing the current price. ⏳ The first entry area is the Fair Value Gap below the 61.8% Fibonacci retracement. 📈 The second and stronger entry is the Order Block around 3.80, which also coincides with the major support zone. 🛡️ Although these are relatively deep pullbacks, they are justified by the stock's elevated valuation. 💰 🧱 The Key Structural Boundaries Preferred Entry 1: Fair Value Gap below the 61.8% Fibonacci level. 📊 Preferred Entry 2: Order Block and major support around 3.80. 🛡️ Stop Loss: Break below the breakout support around 3.63. 🛑 First Target: Retest the 52-week high and Investing.com's fair value. 🎯 Second Target: My fair value estimate around 5.50. 📈 Final Target: Fibonacci extension around 6.25. 🚀 ⚖️ The Verdict The pullback looks healthy and improves the long-term risk-to-reward profile. 📊 Given the stock's expensive valuation, patience is preferable to chasing momentum. ⏳ I would only accumulate near the major technical support zones while maintaining strict risk management below 3.63. 🛑 If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑