Buy Recommendation – ADIB Egypt (EGX: ADIB)

https://www.tradingview.com/x/3B4G14yU/ ADIB

• Entry Price: 20.75 – 21.00 EGP (current consolidation zone)
  
• Stop-Loss: 19.80 EGP (below harmonic PRZ & wave C low)
  
• Target 1: 22.50 EGP (first resistance / wave retracement)
  
• Target 2: 23.80 – 24.00 EGP (major resistance & harmonic completion)
  

Rationale:

• Price has completed a 5-wave impulsive rally and an A–B–C corrective decline into the 20.00 EGP support zone.
  
• A Bullish Bat Harmonic pattern aligns with this support, indicating a Potential Reversal Zone (PRZ).
  
• Risk/reward ratio is favorable with limited downside risk compared to upside potential.