LCSW Major Multi-Month Channel Breakout on Verge of ConfirmatinLecico Egypt SAEEGX_DLY:LCSWmnmabroukw36ixπ LCSW: Major Breakout Setup Approaching After a Year Long Consolidation π₯ π The Pulse: LCSW is currently testing a very important region. π A close above today's high at 28.56 EGP in tomorrow's session would confirm the breakout of a huge sideways channel that has been in place since March of last year. π Such a breakout would represent a major technical development and could mark the beginning of a new bullish leg. π The stock continues to offer an attractive risk to reward profile. βοΈ Fair value stands at 36.21 EGP. π π§± The Key Structural Boundaries π Breakout Trigger, 28.56 EGP. A close above this level would confirm the breakout from the long term sideways channel. π‘οΈ Main Support, 27.16 EGP. This level represents the first line of defense for the current bullish structure. π΄ Stop Loss, 26 EGP. This area coincides with the 200 day moving average and serves as the key invalidation level. π― First Target, 30.7 EGP. This level represents a strong resistance area and the first upside objective following a successful breakout. π’ Fair Value, 36.21 EGP. This remains the broader upside target and reflects the stock's estimated intrinsic value. --- If you like my insights, follow and boost! πππ π $15 TradingView Discount: π https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix β¨πΈπ€