Page 4 | Ideas and Forecasts on Stocks — Nigeria — TradingView

ARADEL LONG IDEA ARADEL stock just broke out of a bearish trendline with a strong bullish weekly candle. The candle closure above the trendline and resistance level is an indication that there is a pressure from the buyers to push price higher. To take advantage of this opportunity, you can buy at the current market price, or you can wait for price to drop to the areas between N545 and N535. The targets are N666 (21.55%) and N850 (55.96%). Confluences for the buy opportunity: 1. Breakout of bearish trendline s

SUNUASSUR LONG IDEA SUNUASSUR stock got rejected from a support level, which led to the formation of bullish engulfing candlestick. This is an indication that there is a pressure from the buyers to push price higher. To take advantage of this opportunity, you can buy at the current market price. The targets are N7.30 (23.73%), N8.40 (42.37%) and N11.65 (97.46%). Confluences for the long idea: 1. Breakout of a bearish trendline sponsored by a bullish trendline. 2. Retest of the support level. 3. Rejection from the

Dangote Cement (DANGCEM): Key Level to Watch – ₦480 Dangote Cement (DANGCEM): Key Level to Watch – ₦480 Dangote Cement’s price action is currently forming a pennant pattern, which typically signals a possible continuation of the bullish trend. However, traders and investors should pay close attention to the ₦480 zone, which may act as a critical support level. If ₦480 holds, we could see a rebound and continuation of the uptrend. If ₦480 fails, there is a risk of further downside before another recovery attempt. For long-term investors, the o

BUACEMENT failed to break its All Time High BUACEMENT Fails to Break Its All-Time High BUA Cement Plc (NGX: BUACEMENT) has seen significant price swings over the past two years. The initial momentum that pushed the stock above the ₦100 mark in January 2024 carried it to an all-time high (ATH) of around ₦185. However, this rally was followed by a prolonged downtrend, with the stock declining to approximately ₦83 by March 2025. A renewed breakout in mid-July 2025 brought BUACEMENT close to retesting its historical peak, but buying momen

From Fish Farming to Agribusiness Giant: Ellah Lakes’ 304% Rise Ellah Lakes Plc is a Nigeria‑based agribusiness firm, once focused on fish farming but now primarily engaged in oil palm, cassava, maize, soya, and rice production and processing, operating plantations across Edo, Ondo, Enugu, Ekiti (Nigeria) and Ghana. This asset has made roughly 304% gain since 2nd of June of this year. The questions are: 1. Is this vertical growth sustainable? 2. Will price action be respected technically as shown on the chart? 3. Will Ellah Lake drop back to close the y

Is $TRANSPOWER Transpower devalued or of no value? 25% retraced.NSENG:TRANSPOWER Transcorp Power is a gas-fired thermal generation company operating in Nigeria and internationally. It's the owner/operator of the Ughelli Power Plant, with an installed capacity of approximately 972 MW, capable of generating around 2,500 GWh annually. Founded in 2012 (as Transcorp Ughelli Power Ltd), it became publicly listed in early 2024. It's a subsidiary of Transnational Corporation of Nigeria Plc. The Stock is currently devalued by 25% (With an all time high of 386) and

by Ifiok-Trades

A great Buy Opportunity for HONYFLOUR This is a momentum-forward stock with strong fundamentals and explosive past performance—but caution is key, given its extreme volatility and low free float. Risk-tolerant traders can enter now with tight stops. Long-term investors may prefer to wait for a pullback to lock in better average cost. Wave watchers should be alert to signs of corrective structures emerging, especially in line with Elliott Wave theory.

Third Quarter 2025 Nigerian share picks Update..26Percentage Up!Third Quarter Price Movement Analysis Report - 1st September 2025 1. Overview The analysis highlights percentage changes for individual stocks, the average change, and the overall portfolio change assuming equal investment across all 10. 2. Individual Stock Performance | Stock | Previous (₦) | Current (₦) | % Change | | -------------- | ------------ | ----------- | ----------- | | **ARADEL** | 514.5 | 512.2 | **−0.45%** | | **BUACEMENT** | 100.0 | 151.8

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by Ifiok-Trades

CUTIX LONG IDEA Cutix stock is currently within the discount level and price has been rejected from the support level showing that there's a higher probability of price being pushed higher by the buyers. You can buy at the current market price. The targets are N4.19 (19.71%) and N5.10 (45.71%). Confluences for the long idea: 1. The market structure is bullish. 2. Price is within the discount zone. 3. Being is being rejected from a support level. Disclaimer: This is not a financial advice. The outcome may

FIRSTHOLDCO LONG IDEA The price of FIRSTHOLDCO stock shows a strong rejection after getting to the discount level. This rejection shows a strong pressure from the buyers. You can buy at the current market price. The targets are N37.55 (15.54%), N40.85 (25.38%) and N45 (38.15%). This stock has a great potential. You can hold for a long term investment. Confluences for the long idea: 1. The market structure is bullish. 2. Strong rejection candle. 3. The rejection happened after price got to the discount zone. Disc

FIDELITYBK LONG IDEA Fidelitybk stock just broke out of a trendline with a strong candle closing above it. This happened at a support level with the formation of a bullish engulfing candlestick. You can buy at the current market price. The targets are N22.45 (5.15%) and N24.95 (17.10%). Confluences for the long idea: 1. The market structure is bullish. 2. Trendline breakout 3. Bullish engulfing candlestick confirmation at a support level. Disclaimer: This is not a financial advice. The outcome maybe different

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

Consolidated Hallmark Holding (CONHALL) is down Consolidated Hallmark Holding (CONHALL) is down. It’s now the third week since this asset began cooling off after rallying to the ₦6.20 zone. From a technical perspective, and observing the ascending trendline that began on November 1st, 2024, I am monitoring potential entry levels around ₦4.22 and ₦4.00. These entries will be executed using a Dollar-Cost Averaging (DCA) strategy. Please note the key trendlines highlighted on my chart for context. I’d be glad to connect and hear your perspec

TRANSCORP ON A TIGHT WATCH Transcorp is bouncing off from a resistance trendline ,looks quit scary for short time frame but optimistic on a longer time frame tho because of the bullish triangle formed,wont be suprise to see price at 40-41 major support zone if NGX closes on another week on red ,BUT OVERALL LONG TIME IS BULLISH AND PROMISING FOR A LONG TIME INVESTMENT

CHAMS LONG IDEA After a strong pullback by sellers pushing the price down which led to the formation of a pin bar, last week witnessed a strong push to the upside with a strong rejection from a support level in confluence with a trendline. This is an indication that buyers are ready to push price higher. You can buy at the current market price. The stop can be at N2.32 (-18.60%) below the support level. The target is N3.66 (28.42%). Confluences for the long idea: 1. Hammer candlestick 2. Rejection from a su

CUTIX LONG IDEA Price is respecting the trendline and it's currently at a point where support level and trendline are in confluence. With the formation of a dragonfly doji and series of rejection at the zone, this is an indication that buyers are ready to push price higher. Buy at the current market price. The stop can be at N3.71 (-7.48%) below the support level. The targets are N4.50 (12.22%), N5.10 (27.18%) and N5.65 (41.40%). Confluences for the long idea: 1. Confluence of trendline and support level 2.

RTBRISCOE LONG IDEA At a resistance turned into a support level, the stock formed a bullish engulfing candlestick. This is an indication that buyers are ready to push the price higher. You can buy at the current market price. The stop can be at N3.34 (-15.66%) below the support level. The targets are N4.65 (17.42%), N5.45 (37.37%) and N6.45 (62.88%) N4.65 is the actual target based on the external liquidity expected be taken out as buyers are more likely to aim for a new higher price. Other targets are based on F

AIICO, this is the pullback I have been waiting for The strong breakout rewarded investors with over 120% ROI from the 4th of August 2025 before this massive -26% pullback While I am bullish on the Nigerian insurance sector because of the new insurance reform, I am patiently waiting for some of this stock to retrace for my entry for a ride into 2026 I would love to start buying AIICO from N5 to N2.3 using the Dollar Cost Averaging (DCA) strategy The yellow zone is my entry zone I would love to hear from you. Please like, comment, follow me a

Here is the pullback for Cornerstone Here is the pullback for Cornerstone The Nigerian insurance sector is seriously under a positive catalyst that is pushing insurance stocks I am patiently waiting for a strong pullback for my long-term entries for a ride into 2026. This is because the breakout from the N5 zone was too vertical, and there was a need for a retest, technically speaking Contrary to my previous buy entry of N3.5, I am ready to start buying at N5 per stock. I hope to connect with you. Please like, follow me, shar

Oando is one of the most attracting local Nigerian stock i am expecting price and stock value to bounce off from in coming days

CORNERSTONE insurance with strong break out CORNERSTONE insurance with a strong breakout The Nigerian insurance sector is seriously under a positive catalyst that is pushing insurance stocks I am patiently waiting for a strong pullback for my long-term entries for a ride into 2026, likely I hope to start buying from N3.5 up

AIICO Insurance aggressive channel breakout AIICO Insurance's aggressive channel breakout. The strong breakout rewarded investors with over 61% ROI last week alone. While I am bullish on the Nigerian insurance sector because of the new insurance reform, I am patiently waiting for some of this stock to retrace for my entry for a ride into 2026 I would love to start buying AIICO from N2.3 using Dollar Cost Averaging strategy I would love to hear from you. Please like, comment, follow me and share

OMATEK LONG IDEA After getting to a resistance turned support within the discount level, bullish engulfing candlestick was formed on OMATEK stock. This is a signal that price is ready to go higher. To take advantage of the long opportunity, you can buy at the current market price. The stop can be at N1.13 (-16.30%) while the targets are N1.89 (40%) and N2.26 (67.41%). Confluences for the long idea: 1. Key level (resistance turned support) 2. Bullish engulfing candlestick 3. Uptrend Disclaimer: This is not a

NSLTECH LONG IDEA Last week, I gave a buy signal on NSLTECH stock, but price didn't get to the area where I expected the buy. However, a bullish engulfing candlestick was formed, showing that price is ready to buy at the current market price. You can buy at the current market price. The stop can be at N0.74 (-24.49%) while the targets are N1.33 (35.71%) and N1.51 (60.20%). Confluences for the long idea: 1. Key level (Resistance turned Support level) 2. Fibonacci level (0.5) 3. Bullish engulfing candlestick 4. U