SCEM: Breakout Confirmed as the Uptrend Resumes Sinai Cement Co.EGX_DLY:SCEMmnmabroukw36ix📊 SCEM: Breakout Confirmed as the Uptrend Resumes 🚀 🏛️ Fundamental Review: 📊 Business Quality: SCEM is one of Egypt's leading cement manufacturers and a major player in the domestic construction materials sector. Backed by the international Vicat Group, the company has transformed into one of the strongest turnaround stories on the EGX. 🏗️ ✅ Strengths & Catalysts: The company has delivered exceptional financial results, with revenue growing more than 41% in FY2025 and Q1 2026 net profit exceeding 1.1B EGP. 📈 A major balance sheet restructuring eliminated legacy financial pressure, leaving the company in a much stronger financial position. 💪 Strong profitability, expanding margins, and continued demand from infrastructure projects support the long-term investment case. 🏗️ ⚠️ Risks: Cement producers remain exposed to fluctuations in fuel and electricity costs, which directly impact production margins. ⚠️ Operations are also sensitive to construction activity and government infrastructure spending cycles. 🌍 💰 Valuation: Despite the recent rally, SCEM still appears reasonably valued relative to its earnings growth and operational turnaround, making it one of the stronger industrial names on the EGX. 💎 🔍 The Pulse: SCEM has been one of my favorite breakout candidates since May. 👀 Last week, the stock successfully broke above its triangle pattern. 📈 This week's trading confirmed that breakout with continued buying pressure, strengthening the bullish technical structure. ✅ As long as the price remains above the major support at 67.00 EGP, the bullish trend remains intact. 💪 The breakout opens the door for a retest of the previous all-time high before targeting higher Fibonacci extension levels. 🚀 🧱 The Key Structural Boundaries 📍 Support Level, 67.00 EGP. Holding above this level keeps the bullish breakout valid. 🎯 First Target, 75.00 EGP. A retest of the previous all-time high. 🎯 Second Target, 81.77 EGP. The next major Fibonacci extension target. 🎯 Final Target, 91.30 EGP. The long-term technical projection if momentum continues. 🛑 Stop Loss, 65.00 EGP. A confirmed close below the order block around 65.00 EGP invalidates the current bullish setup. 🎯 The Verdict: SCEM remains one of the strongest industrial turnaround stories on the EGX. 🏆 Both the fundamentals and technical picture are now aligned after the confirmed triangle breakout. 📈 As long as the stock holds above 67.00 EGP, the probability favors continuation toward 75.00 EGP, followed by 81.77 EGP and potentially 91.30 EGP. 🚀 Risk remains well defined with a stop below the order block near 65.00 EGP. 🛡️ --- If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑