MCRO: Breakout Confirmed as Buyers Take Control Macro Group Pharmaceutical S.A.E.EGX_DLY:MCROmnmabroukw36ixπ MCRO: Breakout Confirmed as Buyers Take Control π The Fundamentals π Macro Group Pharmaceuticals continues to execute a strong operational turnaround, returning to profitability after previous losses. π Its focus on OTC healthcare and cosmeceutical products provides higher pricing flexibility than traditional pharmaceutical companies, while maintaining strong retail demand. πΌ Although leverage remains relatively high, improving earnings and strong liquidity continue to support the bullish investment case. β βNot Sharia-Compliant. MCRO does not currently qualify for the EGX33 Shariah Index due to its financial ratios exceeding the permissible leverage thresholds established by the EGX Shariah Supervisory Committee. The Pulse β‘ Last week, MCRO completed a breakout from its triangle consolidation pattern and successfully retested the breakout level. π Today's session confirmed the breakout with strong trading volume, significantly increasing the probability of a continuation toward higher targets. π Investors can either wait for a healthy pullback toward 1.27 EGP or wait for a confirmed daily close above 1.33 EGP before entering between 1.35 and 1.43 EGP. π If neither setup occurs, patience remains the preferred strategy until either the pullback or breakout confirmation develops. β³ π§± The Key Structural Boundaries π Breakout Trigger, 1.33 EGP. A daily close above this level confirms the continuation of the bullish trend. π‘οΈ Primary Support, 1.27 EGP. A retest of this level offers the preferred accumulation opportunity. β Stop-Loss, 1.21 EGP. A daily close below this level invalidates the current bullish structure. π‘οΈ Secondary Support, 1.11 EGP. If the current breakout fails, this becomes an attractive long-term investment zone. π― First Target, 1.57 EGP. Investment.com's estimated fair value. π Second Target, 1.68 EGP. A retest of the all-time high. π Final Target, 1.90 EGP. The measured target from the triangle breakout pattern. The Verdict π― MCRO has confirmed its triangle breakout with strong buying volume, shifting the technical outlook back in favor of the bulls. β The preferred strategy is to avoid chasing the current move and instead wait for either a pullback toward 1.27 EGP or a confirmed close above 1.33 EGP before initiating new positions. π° As long as the stock remains above 1.21 EGP, the probability favors a continuation toward the higher technical targets. π If you like my insights, follow and boost! πππ π $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix β¨πΈπ€