Sharjah Cement – Cup & Handle Breakout Formation

The stock has completed a long-term Cup & Handle pattern on the weekly timeframe.

Breakout level: 0.84 AED

Target: 1.15 AED (based on measured move projection)

Support zone: 0.78 – 0.80 AED (handle low / breakout retest zone)

📈 As long as price sustains above the breakout level, momentum could push it toward the projected target.
📉 A close below 0.78 AED would invalidate this bullish setup.

Bias: Bullish
TP: 1.15 AED
SL: 0.78 AED