ADX: ADNOCGAS — Trendline Breakout & Bullish ConsolidationADNOC Gas plcADX:ADNOCGASsnourADNOC Gas plc ( ADNOCGAS ) is showing strong signs of a structural trend reversal on the daily chart, breaking out of a long-term corrective phase and setting up a clear continuation play. Setup Breakdown The Breakout: Price has cleared a multi-month descending resistance line (blue line) extending from the 3.76 AED peak hit in February 2026. The Consolidation: After a brief rejection at 3.46 AED, the stock found a firm higher low at 3.24 AED (orange support line) and is now pushing back up to challenge the trendline confluence. Immediate Level: Currently trading near 3.35 AED, tightly compressing just below the breakout trigger zone at 3.40 AED. Indicators RSI (10): Ticking up strongly at 57.34, comfortably holding above the 50-midline and showing building bullish momentum. MACD (8, 17): Hovering right on the 0.00 baseline with the signal lines tightly coiled, perfectly poised for a bullish expansion on the next volume spike. Action Plan Trigger: Buy on a decisive daily candle close above 3.40 AED. Targets: 3.46 AED $\rightarrow$ 3.76 AED $\rightarrow$ 3.90 AED (pattern structural target). Stop Loss: Daily close below 3.24 AED invalidates the immediate breakout setup.