ETEL: New ATH, Momentum Is Confirmed, Targets 130 & 150 Telecom EgyptEGX_DLY:ETELmnmabroukw36ix📊 ETEL: New ATH, Momentum Is Confirmed, Targets 130 & 150 🚀 🏛️ Fundamentals: ETEL remains one of my favorite stocks on the EGX, combining strong earnings growth, dominant telecom infrastructure, solid cash generation, and attractive valuation multiples relative to the sector. 💪 The business continues to benefit from Egypt's growing data consumption, tariff increases, international wholesale revenues, and its strategic stake in Vodafone Egypt. 📡 The fundamentals provide strong support for treating ETEL as a medium-to-long-term investment rather than simply a short-term trade. 🏦 📈 The Pulse: ETEL has started showing clear positive momentum and has created a new all-time high. 🚀 The breakout reached exactly my first technical target around 116.15 EGP, confirming the strength of the current move. 🎯 The price structure remains bullish as long as the stock continues to trade above the major support levels. 🟢 For me, the next target is around 130 EGP. 🎯 The final target is around 150 EGP if the bullish momentum continues and the larger structure remains intact. 🚀 I would use a closing price below 104 EGP as the main stop-loss level for this setup. 🛑 If you are looking to enter, I would prefer buying any healthy dip rather than chasing a vertical move, as long as the 104 EGP level remains intact. 📉 For long-term investors, I would personally give the position more room, with 95 EGP acting as my major structural exit level. 🧱 My own position has a much larger margin of safety because my entry is around 88.22 EGP. 📌 This is one of the EGX stocks I believe deserves a place in a long-term portfolio as long as its fundamental and technical structure remains intact. 💼 🧱 The Key Structural Boundaries • Breakout Trigger: New ATH above 116.15 EGP, already achieved. 🚀 • First Target: 116.15 EGP, technical target already reached. 🎯 • Second Target: 130 EGP. 🎯 • Final Target: 150 EGP. 🚀 🛡️ Risk Management: Trading stop-loss: closing below 104 EGP. 🛑 Long-term structural exit: closing below 95 EGP. ⚠️ Until those levels are broken, I would continue to treat the current weakness as potential accumulation opportunities rather than a reason to abandon the position. 📈 ☪️ Sharia Compliance Status: BORDERLINE / REQUIRES REVIEW ETEL's business activity is permissible, but its financial screening is close to the applicable debt threshold, and the receivables ratio also requires review. Different Sharia screening providers currently reach different conclusions, so investors following strict AAOIFI-based screening should verify the latest financial statements before investing. ☪️ 🎯 Verdict: ETEL has now delivered the first technical target and confirmed its bullish momentum by printing a new ATH. 🚀 The next major levels I am watching are 130 EGP and then 150 EGP. 🎯 If you already own the stock, I would not rush to sell while the 104 EGP trading stop remains intact. 🟢 For long-term investors, the 95 EGP structural level is even more important. 🧱 Any meaningful dip that respects these levels can be viewed as an opportunity to add rather than chase the breakout. 📈 If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑