AMOC: Fake out & Sideways Map Alexandria Mineral Oils Co.EGX_DLY:AMOCmnmabroukw36ix📊 AMOC: Fake out & Sideways Map 🛢️ 🔍 The Pulse: AMOC has executed a clean bull trap/fake out 🪤❌. Returning back inside the triangle pattern after failing to sustain its breakout momentum shows that supply is currently driving the sideways narrative. Until buyers reclaim the structural high ground, the path of least resistance tilts toward testing lower demand pools. 🧱 Key Technical Map The Heavy Ceiling (8.52 EGP): My absolute structural resistance. Any entry or short-bias management relies heavily on this line the bulls must close a daily candle above it to revive the macro uptrend. 🛑🧗♂️ The Downside Retest (7.91 EGP): If the sideways trend continues to bleed momentum, this is the first structural floor where sellers will encounter immediate bidding blocks. 🧱👀 The Macro Floor (7.67 EGP): The second key line of defense. A complete failure of the immediate pattern will flush resting liquidity right into this high-volume accumulation base. ⚓🛒 📉 The Playbook Scenarios Scenario 1: The Sideways Slip 🔄📉 The stock remains capped under minor moving averages, drifting lower within the pattern to check 7.91 EGP or 7.67 EGP for buying interest. Scenario 2: The Reclaim Breakout 🚀🔥 A massive influx of volume forces a definitive daily close straight through 8.52 EGP, completely invalidating the sideways grind. The Target Bounds: Treat 7.91 EGP and 7.67 EGP as structural check-points to gauge if sellers are taking profits or if buyers are aggressively absorbing the tape. 📊🏁 If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: 🔗 https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑