PRESTIGE stock has presented a long opportunity after coming from a support level and trendline. The 2 bullish weekly candles are strong indications that buyers are willing to push price higher. To take advantage of this long opportunity, one can buy at the current market price. The first target is N1.59 (26.19%) while the final target is N2.28 (80.95%) based on 1.618 Fibonacci level. The stop can be at N0.97 below the support level and trendline.
Confluences for the long idea:
1. Strongly buying momentum
2. Support level
3. Trendline
4. Bullish market structure
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.
Confluences for the long idea:
1. Strongly buying momentum
2. Support level
3. Trendline
4. Bullish market structure
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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.