This is the chart of
ACCESSCORP (Access Holdings PLC) on the weekly timeframe,
Current price: 28naira/share.
Price action is forming a cup-and-handle-like structure pattern.
* The recent move appears to be completing another **cup** formation, which is typically a bullish continuation pattern if confirmed with strong breakout volume.
* Price action is currently at neckline resistance roughly ₦28–₦29 (current level), meaning price is testing a critical breakout zone.
Key Levels to watch
Immediate Critical Resistance: ₦28 – ₦29.00 (current battle zone; a breakout here could open room for further upside).
First Target: ₦34.10 /share
Second Target: ₦40.25/share (potential measured move from fibbonacci).
Idea remains validated if this Support Zone remains respected ₦24.00 – ₦25.00 (mid-level pullback support).
#accesscorp idea is invalidated under 24naira/share
Current price: 28naira/share.
Price action is forming a cup-and-handle-like structure pattern.
* The recent move appears to be completing another **cup** formation, which is typically a bullish continuation pattern if confirmed with strong breakout volume.
* Price action is currently at neckline resistance roughly ₦28–₦29 (current level), meaning price is testing a critical breakout zone.
Key Levels to watch
Immediate Critical Resistance: ₦28 – ₦29.00 (current battle zone; a breakout here could open room for further upside).
First Target: ₦34.10 /share
Second Target: ₦40.25/share (potential measured move from fibbonacci).
Idea remains validated if this Support Zone remains respected ₦24.00 – ₦25.00 (mid-level pullback support).
#accesscorp idea is invalidated under 24naira/share
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.