MCRO: Healthy Pullback Keeps the Triangle Breakout Intact Macro Group Pharmaceutical S.A.E.EGX_DLY:MCROmnmabroukw36ix📊 MCRO: Healthy Pullback Keeps the Triangle Breakout Intact 🚀 📈 The Pulse: MCRO remains in a strong uptrend following its confirmed breakout from the long-term triangle pattern. The primary bullish structure continues to favor higher prices. 📈 Any short-term pullback should be viewed as a healthy correction rather than a trend reversal, provided the stock maintains its key support levels. 🔄 The Fibonacci 50% retracement around 1.35 EGP represents the strongest support area and is the level where buyers are expected to defend the trend. 🛡️ A successful rebound from this support would reinforce the probability of another bullish leg toward new highs. 🚀 🧱 The Key Structural Boundaries Support Level: The Fibonacci 50% retracement at 1.35 EGP is the primary support level and the preferred area for buyers to step in. 📊 First Target: Retest the all-time high around 1.70 EGP. 🎯 Second Target: Triangle breakout objective around 1.90 EGP. 🎯 Final Target: Estimated fair value around 2.00 EGP. 🎯 📊 Verdict: The long-term technical outlook remains bullish following the triangle breakout. 💪 Short-term weakness should be considered constructive as long as the stock holds above the 1.35 EGP support zone. ✅ A successful rebound from this level would strengthen the case for a move toward the all-time high, followed by the breakout target and the estimated fair value. 🚀 ━━━━━━━━━━━━━━━━━━━━━━ If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑