EGAL is in the golden zone, aiming for the 61% Fibonacci retracement, mirroring the EGX70EW. A bullish TK cross could emerge next week. The mid-point of the Bollinger Band rests at the 50% Fibonacci, with the upper band at the 61%. The 50% Fibonacci level is the current hurdle, and volume is diminishing.
We're poised for a rebound by Pippen, setting up a fast break to Jordan for a slam dunk, reminiscent of the Chicago Bulls' fiery championship final game in the 1999 season. Just like then, we're aiming to dominate and clinch the world championship!
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