I am optimistic about the outlook for STANBIC stock
I am optimistic about the outlook for STANBIC stock.
Currently, Stanbic IBTC Holdings (STANBIC) on the NGX is trading above a rising trendline that is providing solid support.
While I am bullish on the stock, I am awaiting a pullback to the N57 level to execute my two planned entries.
To manage risk, I will set my stop loss at the N51.25 level for both entries.
My first target price (TP1) is N68.6, aligning with the FIB61.8% retracement level. For my second target (TP2), I am setting my sights on the all-time high (ATH) zone, which is N83.
Currently, Stanbic IBTC Holdings (STANBIC) on the NGX is trading above a rising trendline that is providing solid support.
While I am bullish on the stock, I am awaiting a pullback to the N57 level to execute my two planned entries.
To manage risk, I will set my stop loss at the N51.25 level for both entries.
My first target price (TP1) is N68.6, aligning with the FIB61.8% retracement level. For my second target (TP2), I am setting my sights on the all-time high (ATH) zone, which is N83.
Trade ativo
Trade has been activated and we are now in profit.Trade fechado: objetivo atingido
UPDATE
Our TP 1 of N68.6 reached
Lock in profit and let see how far we go close to TP2
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.