EAST: Downtrend Continues, No Entry Yet Eastern CompanyEGX_DLY:EASTmnmabroukw36ix📊 EAST: Downtrend Continues, No Entry Yet ⚠️ • Technical Pulse: EAST remains trapped in a clear downtrend channel, although selling pressure is gradually losing intensity. 📉 Price is testing the main support level but remains around 10% below the 200MA. ⚠️ Technically, there is currently no compelling setup worth trading. 🚫 The stock needs to break and hold above 40.19 before an entry becomes worth considering. 🎯 ⚖️ Sharia Compliance Status: ❌ Non-Compliant This is an obvious Sharia-incompliant stock, so I would not recommend trading it regardless of the technical setup. 🧱 The Key Structural Boundaries Breakout Trigger: 40.19. 🚀 Below 40.19: Stay away and wait. 🚫 📌 Verdict: EAST is still in a downtrend with no attractive technical setup. Even though selling pressure is weakening, I would not consider an entry until 40.19 is decisively broken. ⚠️ If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑