UCAP LONG IDEA UCAP stock is at currently at a support level. With the formation of a bullish engulfing at this key level, this is an indication that price is ready to go higher.
You can buy at the current market price. Targets are N21.85 (13.21%) and N24.60 (27.46%).
Confluences for the long idea:
1. The market structure is bullish.
2. Bullish engulfing candlestick confirmation at a support level.
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.
