HRHO: Triangle Pattern Supports Upside Potential EFG Holding S.A.E.EGX_DLY:HRHOmnmabroukw36ix📊 HRHO: Triangle Pattern Supports Upside Potential 🔺 🔍 The Pulse: HRHO is currently trading above the 200 day moving average, maintaining a constructive technical structure. 📈 Investors should note that the stock is expected to distribute a dividend of around 1% this week, marking its first dividend payment since 2018. 💰 For investors who do not have Shariah compliance restrictions, current levels offer an attractive entry opportunity. 🎯 The stock is also trading inside a triangle pattern, which could provide another strong confirmation if a breakout occurs. 🔺 A successful breakout from the pattern would strengthen the case for a move toward the 33 EGP fair value target. 🚀 HRHO is known for its strong volatility, so short term fluctuations should not trigger panic. ⚖️ Even if price temporarily falls below the 200 day moving average, the bullish thesis remains intact as long as the 26 EGP support level holds. 🛡️ 🧱 The Key Structural Boundaries 🟢 200 Day Moving Average, Active Support. The stock continues to trade above this important long term trend indicator. 🔴 Stop Loss, 26 EGP. A break below the main support level would invalidate the current bullish setup. 🎯 First Target, 30 EGP. This level corresponds to the last major swing high and represents the initial upside objective. 🚀 All Time High, 31.88 EGP. A breakout above 30 EGP could open the door for a retest of the record high. 💎 Fair Value, 33 EGP. This remains the broader upside target for the current cycle. 🔺 Triangle Pattern, Active Formation. A breakout from this pattern would provide additional confirmation for the bullish scenario. --- If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: 🔗 https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑