MPCO: Sideways Range Keeps Bulls Waiting Mansourah Poultry Co.EGX_DLY:MPCOmnmabroukw36ix📊 MPCO: Sideways Range Keeps Bulls Waiting ⏳ 🔍 The Pulse: MPCO remains trapped inside a major sideways channel. 📊 The stock experienced exceptional volatility over the past month. ⚠️ After a sharp pullback from the order block, price found support at the major 1.73 EGP level. 🛡️ Despite the rebound, the chart still lacks a confirmed bullish signal. 📉 With the broader market under pressure and my fair value sitting below the 200 day moving average, I prefer to stay on the sidelines. 🚨 🧱 The Key Structural Boundaries 🛡️ Major Support, 1.73 EGP. The level that recently attracted buyers. 🚀 First Bullish Trigger, 1.9 EGP. A breakout above this resistance is the first confirmation of strength. 📈 Final Confirmation, Order Block. Price must also reclaim the order block to confirm a sustainable trend reversal. 📊 Fair Value. My calculated fair value remains below the 200 day moving average, limiting the upside at current prices. 🎯 The Verdict I currently rate MPCO as an avoid. The stock remains highly volatile with no confirmed breakout. Wait for a move above 1.9 EGP and a breakout of the order block before considering an entry. Until then, protecting capital is the better strategy. --- If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: 🔗 https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑