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Prime Holding stock is approaching historical peak – Analysis

Prime Holding stock is approaching historical peak – Analysis
Prime Holding stock is approaching historical peak – Analysis
Prime Holding
PRMH
11.11% 2.10 0.21

Cairo – Mubasher: The stock of Prime Holding is currently experiencing a major upward trend while moving towards its historical peak amid digital resistance at EGP 1.91, according to Mubasher Trade Research.

Surpassing the mentioned level would push the price towards the EGP 2.14 level, which holding above would lead to the next target as a historical peak at EGP 2.42.

Meanwhile, technical indicators suggest a continuation of buying momentum.

Mubasher Trade Research noted that the main support level should be maintained at EGP 1.45 – EGP 1.42 for the upward trend to continue.

Price Movement Summary

Prime Holding stock experienced a volatile sideways movement during 2025, mainly in January and February.

Starting from March, the price succeeded in rising and breaking out of the sideways range with a noticeable increase in trading volumes, forming a major upward trend until January 2026 while approaching the historical peak at the EGP 2.42 level.

Important Note: This analysis is based solely on the foundations and tools of technical analysis and reflects a purely analytical perspective that may vary depending on different methods of reading and interpretation. What is mentioned in this report should not be considered a direct recommendation to buy or sell, nor an invitation to make any investment decisions; it is for monitoring and study purposes only. Investment decisions are the sole responsibility of the investor based on their financial situation and personal goals.