MOIN: Strong Fundamentals, But Valuation Needs Cooling-Off Mohandes Insurance Co.EGX_DLY:MOINmnmabroukw36ixπ MOIN: Strong Fundamentals, But Valuation Needs Cooling-Off π ποΈ Fundamentals: MOIN delivered exceptional H1 2026 growth, with net profit up 188% YoY and revenue up 37.7%. π The main risks are dependence on investment income and rising claims costs. β οΈ Sharia status: Non-Compliant due to the conventional insurance business model. β οΈ π The Pulse: MOIN has strong fundamentals, but valuation ratios have become expensive after the parabolic rally. β οΈ The entry of a new insurance company on the EGX could trigger a fresh sector reassessment and potentially support higher valuations. π I wanted to see a healthier cooling-off phase, but today's reaction from the 38.2% Fibonacci level around 34 EGP is constructive. π’ Most indicators remain in the oversold region, so I am keeping the setup under close observation. π For now, I am using one target around 45 EGP until we see a proper sideways consolidation or healthy correction. π― Stop-loss is currently the 38.2% Fibonacci level at 34 EGP. π Because MOIN has relatively low average liquidity, avoid committing large capital that could become difficult to exit. β οΈ π§± The Key Structural Boundaries β’ Support / Stop-Loss: 34 EGP. π β’ Target: 45 EGP. π― β’ Strategy: Wait for consolidation or a healthy correction before adding size. π π― Verdict: Strong fundamentals remain attractive, but the parabolic move has made valuation expensive. π I would keep the position size small and wait for a healthier structure before targeting higher levels. π’ If you like my insights, follow and boost! πππ π $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix β¨πΈπ€