CIRA: Breakout Confirms the End of the Correction Cairo For Investment And Real Estate Developments -CIRA EducationEGX_DLY:CIRAmnmabroukw36ixπ CIRA: Breakout Confirms the End of the Correction π The Fundamentals π CIRA remains one of the strongest long-term growth companies on the EGX, combining two resilient sectors: education and real estate. π Its diversified education platform, expanding campus network, and strong earnings recovery continue to support the long-term investment story. πΌ Despite trading at a premium valuation, the company's dominant market position justifies continued institutional interest. β β Sharia-Compliant. CIRA's core education business activity and financial structure satisfy the EGX33 Shariah screening criteria. The Pulse β‘ CIRA has completed its Elliott Wave five-wave impulsive cycle and successfully finished an ABC corrective pattern. π Today's session confirmed the breakout above the ABC correction with strong trading volume while printing a new 52-week high. π The preferred entry is a healthy pullback toward 30.00 EGP. π If momentum continues, a daily close above 32.21 EGP would provide another attractive breakout entry. π If the stock trades between these two levels without confirmation, patience is preferred until either the pullback or breakout occurs. β³ π§± The Key Structural Boundaries π Breakout Trigger, 32.21 EGP. A close above this level confirms the continuation of the bullish trend. π― First Target, 34.00 EGP. The first major technical objective following the breakout. π Second Target, 35.00 EGP. A retest of the all-time high. π Final Target, 36.80 EGP. The long-term upside target. π‘οΈ Support Zone, 30.00 EGP. A pullback to this level would provide the preferred accumulation opportunity. β Stop-Loss, 28.50 EGP. A daily close below this level invalidates the current bullish structure. π‘οΈ Secondary Support, 27.45 EGP. A retest of the primary support level would offer an attractive long-term investment opportunity. The Verdict π― The technical structure has turned bullish following the confirmed ABC breakout. β Investors should avoid chasing the stock between support and breakout levels, instead waiting for either a pullback toward 30.00 EGP or a confirmed close above 32.21 EGP. π° As long as the stock remains above its key support levels, 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€