SWDY - EGX : Technical Review on the weekly time-frameEl Sewedy Electric CompanyEGX_DLY:SWDYsnourSWDY Timeframe: 1 Week (1W) Current Price: EGP 90.50 (+1.69%) Weekly Range: 87.41 – 91.49 Volume: 944.73K vs. 1.23M (20-week Volume Average) 1. Trend & Structure Breakdown Macro Accumulation Breakout: Following the powerful bull run through 2023–2024, SWDY underwent a multi-month re-accumulation range between EGP 68.00–70.00 (support boundary) and EGP 85.00–86.00 (resistance line). Rounded Base Completion: The chart displays a well-defined rounded consolidation structure (orange curved line), lifting higher lows out of the late 2025 trough. Range Resistance Clearance: Weekly candle closing above 86.00 confirms a legitimate structural breakout from the consolidation box, opening the pathway for target expansion toward previous peak levels near 100.00+. 2. Technical Indicators Volume Analysis: Volume stands at 944.73K, indicating stable re-accumulation without immediate distribution signals. A push above 1.23M on subsequent green candles will add strong confirmation to the rally. RSI (14): Sitting healthy at 65.95 (above signal 62.87). It shows accelerating momentum in bullish territory with room to push into overbought territory before reaching exhaustion. MACD (12, 26, 9): Operating cleanly above the signal line (3.08 vs 2.72) with positive green histogram bars (0.367), confirming macro bullish momentum expansion. Key Price Levels Immediate Target95.00 – 98.00Intermediate psychological resistance Major Macro Target105.00 – 110.00Measure move projection / High-extension projection Breakout Retest Support85.00 – 86.00Prior range resistance turned top-tier support Key Invalidation Level80.00Mid-range consolidation pivot Trading Setup & Summary Bullish Continuation Bias: A weekly hold above EGP 86.00 keeps the major breakout intact, positioning SWDY for an upside move targeting psychological tests at 100.00 and beyond. Retest Strategy: Dips returning toward the 85.00–86.00 breakout zone offer favorable risk-to-reward re-entry conditions, with structural risk defined below 80.00.