SCEM: One Breakout Away From a Parabolic Move Sinai Cement Co.EGX_DLY:SCEMmnmabroukw36ixπ SCEM: One Breakout Away From a Parabolic Move π The Fundamentals ποΈ SCEM remains one of the strongest turnaround stories on the EGX after its major balance sheet restructuring. π° The company has significantly reduced its debt while returning to strong profitability. π Its attractive valuation and Sharia-compliant status continue to support the long-term investment case. β The main challenge remains weak sentiment across the cement sector rather than company-specific fundamentals. π The Pulse β‘ SCEM continues to trade with remarkable strength despite the bearish momentum affecting the cement sector. π The stock is trying to hold above its major structural support while waiting for a fresh catalyst. β³ Any positive sector or company-specific news could trigger a strong parabolic advance. π There is a bearish Fair Value Gap around 68.00 EGP that could temporarily slow the current rally or attract a short-term pullback. β οΈ A decisive breakout above that zone would significantly improve the probability of a continuation toward new highs. π π§± The Key Structural Boundaries π Breakout Trigger, 68.00 EGP. A close above the bearish Fair Value Gap confirms the continuation of the bullish trend. π― First Target, 75.00 EGP. A retest of the all-time high. π Second Target, 80.00 EGP. The next major technical objective following the ATH breakout. π Final Target, 85.00 EGP. The long-term upside target. The Verdict π― The long-term trend remains firmly bullish despite the sector's weakness. β The preferred accumulation area remains above 63.31 EGP to avoid a deeper correction. π A two days close below the 200-day moving average would invalidate the current bullish structure and serves as the technical stop-loss. π‘οΈ A breakout above 68.00 EGP could mark the beginning of the next major impulsive wave. 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€