bullish trade setup for **QALA

### **Key Observations:**
1. **Breakout from Resistance**
- The stock has recently **broken above a key resistance level** around **2.88 - 3.08 EGP**, indicating bullish momentum.
- A successful retest of this zone could confirm it as a **new support level**.

2. **Volume Profile Analysis**
- The **volume profile** on the right shows a strong **buying interest** around **2.4 - 2.8 EGP**, indicating strong demand.
- **Low volume areas above 3.08 EGP** suggest that price could move quickly towards the next resistance.

3. **Target Levels**
- **First Target:** **3.81 EGP** (previous high and key resistance).
- **Second Target:** **4.29 EGP** (next major resistance level).

4. **Stop-Loss & Risk Management**
- **Stop-Loss:** Below **2.42 EGP** (previous strong support level).
- **Risk-to-Reward Ratio:** Appears to be favorable (high reward potential vs. controlled risk).

5. **Trendline & Market Structure**
- A **rising trendline** supports the price action.
- The market structure remains **bullish** with **higher highs and higher lows**.

### **Trade Plan (Bullish Setup)**
- **Entry Zone:** **3.00 - 3.08 EGP** (on a retest of support).
- **Stop-Loss:** Below **2.42 EGP** (invalidation level).
- **Take Profit Targets:**
- **First Target:** **3.81 EGP**
- **Second Target:** **4.29 EGP**

If buying volume continues, the stock has a **strong chance of rallying** toward the target levels.