ACTF: Downtrend Still Offers No Entry

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ACTF: Downtrend Still Offers No EntryAct FinancialEGX_DLY:ACTFmnmabroukw36ixπŸ“Š ACTF: Downtrend Still Offers No Entry ⚠️ πŸ” The Pulse: ACTF remains trapped inside a long term downtrend channel. πŸ“‰ The current structure does not offer an attractive entry opportunity. ⚠️ The company's published fundamentals remain too limited to calculate a reliable fair value. πŸ“Š A breakout above 2.95 EGP is required before considering a bullish outlook. πŸš€ Price is now testing a critical support area around 2.68 EGP. 🎯 🧱 The Key Structural Boundaries πŸ›‘οΈ First Support, 2.68 EGP. This level aligns with the Fibonacci 61.8% retracement and the trend line. πŸ›‘οΈ Major Support, 2.63 EGP. A break below this level could trigger another wave of selling. πŸ“‰ All Time Low, 2.53 EGP. The next major downside target if support fails. πŸš€ Recovery Trigger, 2.95 EGP. A breakout above this level is required before considering any new entry. 🎯 The Verdict If you are not invested, stay on the sidelines until price breaks above 2.95 EGP. If you already hold the stock, monitor the 2.63 EGP support closely. A break below 2.63 EGP would justify cutting losses to protect capital. --- If you like my insights, follow and boost! πŸ™ŒπŸ’™πŸš€ 🎁 $15 TradingView Discount: πŸ”— https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix βœ¨πŸ’ΈπŸ€‘