I am optimistic about the outlook for STANBIC stock

9 Oca

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.

16 Oca

İşlem aktif

Trade has been activated and we are now in profit.

31 Oca

İşlem kapandı: hedefe ulaştı

UPDATE

Our TP 1 of N68.6 reached

Lock in profit and let see how far we go close to TP2