EGX: ZEOT - A possible breakoutExtracted Oils & Derivatives Co.EGX_DLY:ZEOTsnourExtracted Oils & Derivatives Co. ( ZEOT ) is at a decisive junction on the Daily chart. Price is compressed at the apex of a multi-month symmetrical triangle, testing structural trendline support. Technical Breakdown Price Action: Trading at 8.69 EGP (+1.05%), sitting directly on the long-term ascending support (red line). •Key Resistance: Remains below the broken horizontal shelf at 9.00 EGP. •Momentum: oMACD : Bearish; line at -0.177 and histogram at -0.073. oRSI : Weak at 40.81, trailing the signal line of 46.83. •Volume: Rising activity at 31.14K, indicating a fight at this support level. Trade Scenarios 📉 Bearish (Breakdown) •Trigger: Daily close below 8.50 EGP. •Targets: 8.00 EGP (Psychological) --> 7.00 EGP (Structural). 📈 Bullish (Bounce) •Trigger: Strong volume reclamation of 9.00 EGP. •Targets: 9.50 EGP (Upper Trendline) --> 10.00+ EGP (Breakout). 💡 Verdict: Critical "Make or Break" zone. Watch the 8.50–8.60 EGP floor. Failure to hold here likely triggers a swift correction to the 8.00 EGP handle.