DIGITIZE EGX | Breakout or Breakdown? Key Levels & Trading Strat

12 Mar

DIGITIZE FOR INVESTMENT AND TECHNOLOGY (EGX) is currently trading at EGP 3.00, showing signs of consolidation within a descending triangle pattern. The price is attempting to break out from a downtrend, with Ichimoku cloud resistance and key support levels in play.

In this analysis, I outline a Stop-Loss & Take-Profit strategy to navigate the next move efficiently.

🔹 Key Resistance Levels:

EGP 3.60 → First target
EGP 3.90 → Second target
EGP 4.90 - 5.00 → Strong breakout potential
🔹 Key Support Levels:

EGP 2.75 → Near-term support
EGP 2.30 - 2.40 → Strong support zone



Entry: Buy after a confirmed breakout above EGP 3.20
Take-Profit 1: EGP 3.60
Take-Profit 2: EGP 3.90
Take-Profit 3: EGP 4.90 - 5.00
Stop-Loss: Below EGP 2.75

28 Mar

Not

Take Profit Target 1 : Achieved

15 Nis

Not

Take Profit Target 2 : Achieved

15 Nis

İşlem kapandı: hedefe ulaştı