Now is the good time to bargain for MTN Nigeria StockWith newly introduced stock into the Nigerian Stock Exchange, MTN is now looking for a support zone to hold its pullback price. A price below 132 will apparently not be a bad idea for the moment... Longby BullBearMkt224
Will the Elephant's legs too BIG to shatter its Lower Channel?FBNH has been operating within the confine of a channel since 2018, now the stock price is attempting another touch of the lower channel. Will the lower channel reject the price at this level or the elephant will be too strong for the lower channel to carry its weight? Coincidentally, lower channel is also at a support zone between 3.77 & 3.57. Price rejection at this zone is critical for the stock for an uptrend to commence PLAN YOUR TRADES AND TRADE YOUR PLANSLongby BullBearMkt2
Now that ETI stock price monthly rejected going lowerETI stock price attempt to continue downtrend after breaking the stock's all time low was finally rejected with the market full of panic sellers and hopeful buyers. Going forward, with I expect price to dip a little bit down in the coming weeks or months towards a critical zone between 6.20 and 7.00. It could possible start to rally immediately, but - that will possibly not for smart monies... PLAN YOUR TRADES AND TRADE YOUR PLANSLongby BullBearMkt1
Transcorp A&E repeated PatternsTranscorp seems to have repeated bottom patterns regularly.Longby ekeneobi556
Will FCMB Support zone Keep Bears at bay?In this critical bearish period on the NSE market, one of the stocks that is still "not following the general downtrend" is FCMB in the banking sector. For the past couple of weeks, 1.55 level have been rejecting any attempt for price to move the stock price below this level. Will this level continue to keep the bears at bay or will it be violated? A buy entry at 1.55 seems reasonable while the market continues its downtrend journey...Longby BullBearMkt1
Will ETI rally in the coming weeks...As an update to my last post on ETI, during this past trading week, ETI price attempted to pass through its all time low, however this was rejected with the week ended in indecision candlestick. The question is: will ETI rally in the coming weeks or what we have is a pause before bears continue the downtrend? Risk: Major trend is downtrend and also the index is still down.Longby BullBearMkt2
Zenith bANK time to buyZenith Bank Ng seems to be reachin a very important support zone and will bounce at leat 30% to the green boxLongby ekeneobi119
SELL PRESSURE ON SEPLATThe stock is showing decisive move downward next support 480.Shortby davepop2006Updated 2
STANBIC IBTC DISTRIBUTION AT THE PEAK.There are signs of distribution by the institutional trader at the top.Short04:18by davepop2006Updated 1
MTNN WEEKLY REVIEW.WEEKLY MTN ANALYSIS FOR THE FIRST 50 WEEKS : 1. WEEK ONE : Sell pressure the stock fail the maintain the weekly high. by davepop20060
Buy Opportunity For CadburyNSENG:CADBURY Earlier price made a lower low but the RSI(14) made a higher low, showing a bullish divergence. Price rallied up briefly but couldn't break past 18.40. Now it is bounced off the 52W Low. I expect price retest the most recent low of 7.04 or get close to it. When that happens, that would present a good long opportunity. We might see some side-upward movement but I will be setting my Take Profit at 40.00. Let's see how it plays out in the coming months.Longby JMCaso_Capital2
FCMBFcmb is in a falling wedge, and in a perfect opportunity for buyers to buy between N1.50 and N1.53 has acted as a perfect support, reaching the apex of the wedge we will see a break upwards, as there are many closer supports and price is already at the apex of the wedge and ready to go upwardsby ekeneobi110
Cadbury NigeriaCadbury Seems to be in a state of supply exhaustion, the support at N7 should hold meaning that the stock is being accumulated at that price, still watching it closely, I will rather wait to buy within N7-N7.5by ekeneobi110