MULTIVERSE just broke out of a trendline with a bullish engulfing candlestick. This happened within the discount level. Hence, this is an indication that price is ready to rally up targeting the high.
To take advantage of this long opportunity, you can buy at the current market price. The stop can be at N6.50 (-33.67%) while the targets are N12.30 (25.51%) and N24.70 (152.04%).
Confluences for the long idea:
1. Trendline breakout
2. Discount level
3. Uptrend
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
To take advantage of this long opportunity, you can buy at the current market price. The stop can be at N6.50 (-33.67%) while the targets are N12.30 (25.51%) and N24.70 (152.04%).
Confluences for the long idea:
1. Trendline breakout
2. Discount level
3. Uptrend
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.