MM is still in an overall uptrend

Mar 12

MM is still in an overall uptrend 📈, but the stock recently had a pullback and formed a potential double top pattern 📊.

The pattern remains valid for now until the price can break above the 8 resistance level.
The stock tried to break it but failed, and it may attempt another breakout next week.

🔎 Key levels to watch:
• Break above 8 → would invalidate the double top and restore strong bullish momentum.
• Break below 7.6 → could weaken the structure and activate the double top target, potentially pushing the stock into a downtrend (currently unlikely).

⚠️ Due to the current market volatility, I don’t recommend entering at this stage.

👉 If you like my analysis, please follow and boost 🚀📊

Mar 23

Trade active

MTIE (MM Group): Bearish Shift Below 7.60! 🚨

The move below 7.60 has turned into a fake breakout, confirming it as a heavy supply zone. 📉 We are now in a consolidation phase between two key boundaries. 📊

Bullish: Recover and break 8.00 resistance. 🚀

Bearish: Lose 7.50 support → Targets lower liquidity. 🔴

Wait for candle close + volume confirmation at the 7.50 floor! 👀🔥

If you like my posts, please follow and boost 🙌

Mar 31

Trade closed: stop reached

MTI (MTIE): The 200-Day Breakdown? 📉🔋

The Setup: After a Double Top at 9.15 EGP, the stock is in a massive correction. Selling volume is spiking as it hits the "Make or Break" zone. 🚨🔻

The Floor: Currently fighting for its life at the 200-day MA (7 EGP)🏗️🩹

Sharia Status: ✅ Compliant. A consistent member of the EGX33 Shariah Index. ☪️📜

The Contrast: Record 2025 profits of EGP 1.29B are being ignored by a market focused on the technical crash. 📊⚖️

Verdict: Don't catch the falling knife.
With the 200 MA under fire, wait for a confirmed bottom before stepping in! 🛡️🔥

If you like my posts, please follow and boost 🙌