After hitting an ATH of N6.15/share, Price made a triple top, which is a bearish momentum as sellers are taking profit, which is why we are seeing a healthy correction. Price down by 10% but two things I see happening: 1. Either bulls hold the N5.5/share region and a region to buy but note this ultra high risk play 2. Failure to hold option 1 then we drop to the N4.11/share, which is where I will be loading as it looks appealing #NFA
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
3 Likes
Reward
3
2
Repost
Share
Comment
0/400
ybaser
· 5h ago
Wishing you great wealth in the Year of the Horse 🐴
NPFMCRFBK
After hitting an ATH of N6.15/share, Price made a triple top, which is a bearish momentum as sellers are taking profit, which is why we are seeing a healthy correction. Price down by 10% but two things I see happening:
1. Either bulls hold the N5.5/share region and a region to buy but note this ultra high risk play
2. Failure to hold option 1 then we drop to the N4.11/share, which is where I will be loading as it looks appealing
#NFA