CIRA EDU | Breakout Brewing After Rate Cut – Eyes on 16.80 EGP!
CIRA is showing early signs of a bullish reversal just as Egypt's Central Bank slashes bond interest rates by 2.5%. With a fresh MACD bullish crossover and rising momentum, the stock is pushing off key support and aiming for the top of the Ichimoku cloud.
Momentum: Price just broke out of a short-term consolidation zone
Ichimoku Cloud: Price is trying to break upward but still under the cloud → neutral to mildly bullish
Stochastic RSI: Entering overbought territory (above 80)
RSI: Around 42–43 → still has upside room
MACD: Gave a bullish crossover, histogram flipped green → early bullish signal
🟢 Entry: 14.40 EGP
🎯 TP Levels: 15.45 / 16.4
🔻 SL: 13.3
The education sector tends to thrive in lower rate environments, and with strong dividend growth and improving EBITDA, CIRA could be a hidden gem for short- to medium-term traders.
Momentum: Price just broke out of a short-term consolidation zone
Ichimoku Cloud: Price is trying to break upward but still under the cloud → neutral to mildly bullish
Stochastic RSI: Entering overbought territory (above 80)
RSI: Around 42–43 → still has upside room
MACD: Gave a bullish crossover, histogram flipped green → early bullish signal
🟢 Entry: 14.40 EGP
🎯 TP Levels: 15.45 / 16.4
🔻 SL: 13.3
The education sector tends to thrive in lower rate environments, and with strong dividend growth and improving EBITDA, CIRA could be a hidden gem for short- to medium-term traders.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.