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.
Dagangan aktif
Trade has been activated and we are now in profit.Dagangan ditutup: sasaran tercapai
UPDATEOur TP 1 of N68.6 reached
Lock in profit and let see how far we go close to TP2
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.
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.