Where Is TRANSCORP on NGX Heading Next?

16 Oca

TRANSCORP recently broke its previous all-time high (ATH) of ₦53.5, setting a new ATH at ₦54.5.

However, the bullish momentum did not sustain, and the price has retraced to the ₦50 zone, which is now acting as a key support level.

Currently, there are no strong fundamental drivers indicating the possibility of a new rally. This raises the question:
Could we see the price decline further to the ₦46 zone, a level that has served as strong support multiple times in the past?

The Nigerian Exchange (NGX) has been quite volatile recently, and TRANSCORP is no exception.

17 Oca

İşlem kapandı: durdurma seviyesi

Congratulations champs.

We are close to our N46 naira TP. Close in profit