A good opportunity by MID risk - EDITA @EFID

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A good opportunity by MID risk - EDITA @EFIDEdita Food Industries SAEEGX_DLY:EFIDGeorgeShokry@EFID — Weekly timeframe The stock has been in an uptrend since 2023, with minor line or sideways corrections. From the start of 2026, price has been consolidating in a sideways range between 24 and 32. On the weekly chart, the price formed a symmetrical triangle, which completed with a breakout above the upper boundary, confirmed by a weekly close above 31 — signaling a continuation of the long-term uptrend. **Trade setup:** - **Entry:** ~32–33 - **Stop loss:** 29–30 (weekly close) - **Targets:** - T1: 34.60 - T2: 37.30 - T3: 40.00 **Supporting signals:** - Increasing volume throughout the sideways range - Ultra-high volume on the breakout candle, followed by a confirming candle - Weekly MACD buy signal — a strong positive sign The stock has now ended its correction and resumed its uptrend. *Note: This analysis is based solely on the weekly chart and represents a personal opinion, not investment advice. Please consult your account manager before investing. Good luck!*