National Medical Care : Is the Long-Term Trend Still at Risk?

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National Medical Care : Is the Long-Term Trend Still at Risk?National Medical Care Co.TADAWUL_DLY:4005wish_fund4005 📉 Distribution Above 150–220: Is the Long-Term Trend Still at Risk? ⚠️ Price spent a considerable period in a distribution range between 150 and 220, suggesting significant supply was being absorbed by the market. The 200 EMA remained in a strong uptrend until October 2024. However, the subsequent breakdown below this key long-term moving average marked a significant shift in market structure. The brief recovery above the 200 EMA may have acted as a bull trap, attracting long-term buyers before price resumed its downward movement. Meanwhile, short-term traders who recognized the failed recovery may have benefited from the resulting volatility. 🔍 What Should We Watch Going Forward? The key question now is whether price can reclaim its long-term trend structure. 📌 First condition: Price must reclaim and sustain above the 200 EMA. 📌 Second condition: Sustained trading above the 130s would be necessary to rebuild the broader trend structure. 📌 Accumulation trigger: A sustained move back above the 150s could provide a stronger signal to begin gradually building positions. ⚠️ Bearish Scenario Until these levels are reclaimed and held, the market may continue to experience sell-on-strength rallies. If weakness persists, the next major downside zone could potentially be around 85. 📊 My View For now, patience remains key. I would prefer to see price reclaim the 200 EMA, establish itself above the 130s, and eventually regain the 150s before becoming more constructive on long-term accumulation. Until then: Rallies may continue to face selling pressure. 👀 Is the market forming a long-term bottom, or is this simply another relief rally within a broader downtrend? Share your view below. ⬇️ #TechnicalAnalysis #TradingView #PriceAction #MarketStructure #Distribution #EMA200 #200EMA #MovingAverage #TrendAnalysis #SellOnStrength #BullTrap #BearishTrend #SupportAndResistance #SwingTrading #LongTermInvesting #StockAnalysis #TradingIdeas #TechnicalTrader #PriceActionTrading #MarketOutlook #Accumulation #Breakdown #TrendFollowing #Investing #StockMarket #WiSHFundManagement