MASR: Riding the New Wave to 6 EGPMASR: Riding the Bullish Wave to 6 EGP 🚀**
MASR is forming a strong **ascending triangle pattern**, respecting its **bullish trendline** while consolidating within a key range. The price recently bounced off support and is now pushing higher, showing signs of accumulation.
### **Technical Anal
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0.0270 USD
48.85 M USD
176.22 M USD
1.56 B
About Madinet Masr for Housing & Development
Sector
Industry
CEO
Mohammed Nabil Abdallah Sallam
Website
Headquarters
Cairo
Founded
1959
ISIN
US5565242055
FIGI
BBG00JLVTQC4
Madinet Masr for Housing & Development engages in real estate development. It primarily deals in the purchase and sale of lands, land subdivision and leasing, property development, construction of residential and commercial buildings, real estate and property management, as well as the provision of architectural and engineering services. The company was founded on January 1, 1959 and is headquartered in Cairo, Egypt.
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Madinet MASR targets 5.7 after the breakoutDaily chart, the stock EGX:MASR is expected to rebound from the support line S to hit the resistance line R at around 4.57 - 4.56
Immediate stop loss below S (4.22)
Another bullish setup will be triggered after crossing the dashed line R1, and closing above 4.70 for 2 days, the target wil
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Displays a symbol's price movements over previous years to identify recurring trends.