AMER: Triangle Breakout Targets New Highs Amer Group HoldingEGX_DLY:AMERmnmabroukw36ix📈 AMER: Triangle Breakout Targets New Highs 🚀 The Fundamentals 🏗️ AMER continues to recover operationally with a sharp improvement in profitability. 📈 The business benefits from diversified revenue streams across real estate, hospitality, retail, and recurring club memberships. 🏨 Despite the stronger earnings, the stock remains driven primarily by technical momentum and institutional money flows. 💼 If the earnings recovery continues, the long-term outlook remains constructive. ✅ The Pulse ⚡ After reaching a major support level, AMER attracted strong buying pressure and started a new bullish leg. 🚀 The stock successfully broke above its triangle consolidation pattern, confirming a bullish technical breakout. 📈 Today's close at 2.81 EGP places the price directly below a major resistance area. 🎯 The next move will determine whether buyers have enough momentum to challenge the previous all-time high. 🔥 A healthy pullback toward 2.63 EGP would offer a more attractive risk-to-reward entry for new positions. 💎 🧱 The Key Structural Boundaries 🚀 Breakout Trigger, 2.81 EGP. A sustained close above this resistance confirms the continuation of the bullish trend. 🎯 First Target, 3.00 EGP. A retest of the all-time high. 💎 Second Target, 3.31 EGP. The 61.8% Fibonacci extension and the next major technical objective. 🚀 Final Target, 3.73 EGP. The measured move target from the triangle breakout. The Verdict 🎯 The technical picture has shifted back in favor of the bulls. ✅ The breakout remains valid as long as the stock holds above 2.63 EGP on normal pullbacks. 🛡️ A daily close below 2.32 EGP would invalidate the current bullish structure and serves as the technical stop-loss. ⚠️ Profit-taking should be considered progressively near 3.00 EGP, 3.31 EGP, and 3.73 EGP. 🚀 If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑