SVCE: Bullish Trend Intact, But Patience Pays South Valley Cement Co.EGX_DLY:SVCEmnmabroukw36ixSVCE: Bullish Trend Intact, But Patience Pays 🏗️ SVCE has maintained one of the strongest long-term uptrends on the EGX since the beginning of 2024. The primary trend remains intact, but the stock is now consolidating below a major resistance area. The Fundamentals 📊 SVCE completed a remarkable turnaround by returning to profitability in FY2025 after posting a significant loss the previous year. 📈 The 2.40B EGP capital increase has strengthened liquidity, supported debt restructuring, and improved the company's financial flexibility. 💰 The turnaround story continues to attract strong speculative interest and trading volume. 🚀 However, the cement sector remains highly sensitive to energy costs and pricing pressure. ⚠️ The large capital increase also introduces dilution risk, requiring stronger earnings growth to support future valuations. 📉 Overall, the business is improving, but the turnaround still needs to translate into sustained long-term earnings growth. 🏭 The Pulse 📈 SVCE has respected its long-term rising channel since the beginning of 2024 without a confirmed breakdown. 📊 Breaking above the upper boundary of this channel would require exceptionally strong buying momentum. 🚀 For now, the stock is consolidating inside a sideways range just below the upper band of the main uptrend channel. 🔄 I would not chase the current price near resistance. ⏳ My preferred strategy is to wait for a healthy pullback toward the lower boundary of the rising channel. 👀 That area would offer a much more attractive long-term risk-reward opportunity. ✅ Until then, the stock remains a watch rather than a buy. ⚖️ The Verdict 🎯 The long-term trend remains firmly bullish. 📈 The turnaround story continues to improve the fundamental outlook. 💪 However, the current technical position does not offer an attractive entry. ⏳ I will wait for a pullback toward the lower channel support before considering a long-term position. 🎯 Until then, SVCE stays on my watchlist. 👀 If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑