Macro Group Pharmaceutical (MCRO) - EGX : OverviewMacro Group Pharmaceutical S.A.E.EGX_DLY:MCROsnour MCRO Multi-Timeframe Analysis: Symmetrical Triangle Breakout & Re-test Macro Group Pharmaceutical (MCRO) is currently trading at 1.33 EGP, exhibiting a multi-timeframe structural breakout from a high-tight symmetrical consolidation pattern following its parabolic move in late 2025. 1. Macro View: Weekly Timeframe (1W) Macro Geometry: On the weekly chart, MCRO completed a long-term rounded bottom base construction (dashed orange curve) throughout 2024 and mid-2025 before launching into an explosive upward rally toward the peak at 1.68 EGP. Consolidation & Structure: Since early 2026, price action has been coiling within a multi-month symmetrical triangle/wedge structure. The upper descending trendline (blue) capped upside attempts around 1.50 – 1.68 EGP, while the lower ascending support trendline (red) consistently held dips above 1.15 – 1.20 EGP. Current Candle Action: The latest weekly candle printed a strong bullish impulse (+6.40%), closing at 1.33 EGP after breaking above the blue resistance trendline on significant volume (502.31M), confirming buyers are regaining structural control. Weekly Indicators: RSI (14): Bouncing strongly off the 50 mid-line to 58.81, reflecting fresh bullish momentum without being overbought. MACD (12, 26, 9): Histogram bars are shifting back toward green/zero as the downward momentum flattens, hinting at a potential bullish line crossover in upcoming sessions. 2. Micro View: Daily Timeframe (1D) Breakout & Immediate Pullback: On the daily timeframe, price decisively broke out of the blue falling resistance line, spiking toward 1.40 EGP before executing a minor pullback to 1.33 EGP (-2.21%). This retracement represents a classic throwback/re-test of the newly broken resistance-turned-support zone (~1.28 – 1.32 EGP). Key Support Floor: The ascending red trendline (~1.20 EGP) remains the main structural floor for the pattern. Daily Indicators: RSI (14): Elevated at 61.46 above its signal line (54.33), maintaining a firm bullish posture. MACD (12, 26, 9): A clean bullish crossover is in play with the histogram printing positive green values (+0.015), favoring continuation after the current brief consolidation. Trading Expectations & Key Levels ___ Scenario A: Bullish Continuation (Primary Target) Confirmation: Holding above the 1.28 – 1.30 EGP re-test support on the daily chart. Target 1: 1.42 – 1.45 EGP (Intermediate swing high / supply band). Target 2: 1.65 – 1.68 EGP (Major 52-week high re-test). Target 3 (Macro Extension): 1.90 – 2.00 EGP (Full measured move of the triangle pattern). Stop Loss / Invalidation: Daily close below 1.20 EGP (Breaching the ascending red trendline). ___ Scenario B: Deep Retracement / False Breakout If price falls back inside the triangle and closes under 1.25 EGP, expect a drift back down to re-test the underlying red trendline around 1.18 – 1.20 EGP before another attempt. Summary: MCRO has validated a multi-month symmetrical triangle breakout on both the weekly and daily timeframes. As long as price holds above the 1.28 – 1.30 EGP re-test zone, the path of least resistance is up toward 1.45 EGP and 1.68 EGP.