Page 5 | Ideas and Forecasts on Stocks — Nigeria — TradingView

DAARCOMM LONG IDEA DAARCOMM stock, after breaking out of a trendline and retesting a support level, a bullish engulfing candlestick was formed. This is an indication that price is ready to go higher. To take advantage of this long opportunity, you can buy at the current market price. The stop can be at N0.78 (-19.59%) while the target can be at N1.29 (32.99%). Confluences for the long idea: 1. Trendline breakout 2. Support level 3. Bullish engulfing candlestick Disclaimer: This is not a financial advice. Th

MULTIVERSE LONG IDEA 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 financ

LASACO LONG IDEA LASACO stock just broke out of a trendline with a strong bullish engulfing candlestick. In addition to the trendline breakout, the candle also broke a resistance level, respecting the uptrend. To take advantage of this long opportunity, you can buy at the current market price or wait for price to drop to the resistance turned support level at N3.42. the stop can be at N2.54 (-33.33%) while the target can be at N5.35 (40.16%). Confluences for the long idea: 1. Trendline breakout 2. Bullish en

JOHN HOLT LONG IDEA JOHN HOLT stock retested a support level and trendline last week and closed above these key levels, showing the readiness of buyers to push price higher. This was confirmed with a strong volume momentum. To take advantage of this long signal, you can buy at the current market price. The stop can be at N5.75 (-20.14%) while the targets are N10 (38.89%) and N10.95 (52.08%). Confluences for the long idea: 1. Breakout and retest of a trendline 2. Uptrend 3. Strong volume momentum 4. Support lev

DEAPCAP LONG IDEA DEAPCAP stock, after breaking out of a trendline and retesting the trendline and support level, it formed a bullish engulfing candlestick, confirming that it's ready to continue the rally. To advantage of this long signal, you can buy at the current market price. The stop can be at N1.10 (-19.12%) while the targets are N1.60 (17.65%), N1.94 (42.65%) and 2.36 (73.53%). Confluences for the long idea: 1. Breakout and retest of a trendline 2. Bullish engulfing candlestick confirmation 3. Suppor

SUNUASSUR LONG IDEA SUNUASSUR stock just broke out of a down trendline with a bullish engulfing candlestick confirmation. This happened at a support level in confluence with a trendline. In addition, awesome oscillator shows that the stock is in oversold region, having the potential to go higher. To take advantage of this long signal, you can buy at the current market price. The stop can be at N4.05 (-19%) while the targets are N6.90 (38%) and N11.65 (133%). Confluences for the long idea: 1. Bullish engulfing ca

ARADEL LONG IDEA ARADEL stock is giving a long signal by having bullish divergence on awesome oscillator using the weekly timeframe. Last week candle closed as a bullish candle after a bullish engulfing candlestick formed in the previous week. This happened at a support level which also has a trendline. In addition, there was a breakout of a down trendline. Confirming that buyers are ready to push the price higher. To take advantage of this long signal, you can buy at the current market price. Stop can be at

STERLING FINANCIAL HOLDINGS COMPANY BULLISH Riding off the back of improving finances every quarter, strong governance and leadership structure in the bank, impressive and competitive digital products, and a record number of onboarded new-to-bank customers between April and June 2025, the handwriting is on the wall; this long-standing gold mine in the Nigerian financial market is about to produce the goods. At a very undervalued price, the market looks poised to reach its previous high and even surpass it. Technically, the structure loo

TANTALIZER LONG IDEA TANTALIZER stock is looking promising. There was a bullish divergence on the awesome oscillator (daily timeframe), which was followed by a bullish change of character. This is a confirmation that the stock is ready to go higher. Price has recently dropped to the demand zone confluenced with trendline and support level, which is a good point to take a long position. After mitigating the demand zone, there was a rejection showing that buyers are willing to push price higher. To take advantage of

REGALINS LONG IDEA REGALINS stock is yet to take out the recent high which is the target for the current move. Hence, this serves as a long opportunity as confirmed by the bullish engulfing candlestick formation after testing resistance turned to support level. To take advantage of this long opportunity, one can buy at the current market price. The first target is N1.05 (25%) while the final target is N1.43 (70.24%). The stop can be at N0.69 (17.86%) below the support level. Confluences for the long idea: 1. Bull

PRESTIGE LONG IDEA 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 buyi

NSLTECH LONG IDEA NSLTECH stock presents a long opportunity based on the market structure, support level and trendline. To take advantage of this long opportunity, there are different approaches. An aggressive approach is to buy at the current market price since price is in the discount level. Then, add more long positions when price gets to the support level around N0.60 and N0.57. While a conservative approach is to wait for price to get to the support level and give a candlestick confirmation before entering a

GUINEAINS LONG IDEA GUINEAINS stock presents a long opportunity based on trendline and support level. To take advantage of this opportunity, there's a need to wait for price to drop to the support level around N75 and N73. An aggressive approach is to enter a long position at that price while a conservative approach is to wait for a candlestick confirmation such as bullish engulfing or hammer. The last high around N1.23 (68.49%) can be the target while the stop can be around N0.57 (21.92%). Confluences for the lon

Third Quarter 2025 Nigerian share picks Update....Percentage Up!Here's a summary and update on the third quarter 2025 Nigeria stock picks based on the price comparison between July and August - 1month: Q3 2025 Trading View: Nigerian Stock Picks Update Strong Performers with Significant Gains: BUACEMENT: Up 48%, showing strong momentum as a cement sector leader. DANGSUGAR: Increased by nearly 37%, notable growth in the sugar sector. ELLAHLAKES: Shares rose over 36%, a promising performer. DANGCEM: Cement stock up about 20%, continuing solid growth. ETRANZAC

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by Ifiok-Trades

Guinness Nigeria PLC ... time to buy?So! Guiness NIgeria PLC price action just formed a Cup and Handle pattern. The chart could also double for an inverse head and shoulder. Current price: 60.25 Investment buy reasons: 1. Notably, a high volume buy of over 49.5m just entered into the market. 2. Current price is the low price of 2017 and hence Low Risk Buy Profit taking areas if this analysis proves right: 107, 170, 212 Analysis invalidates below 49 One of the questions i get: "why you charting stocks?". Really? Isn't Price acti

by Ifiok-Trades

Dangote Group: The Most Undervalued Industrial Empire on Earth Executive Thesis: Dangote Group is the Apple + Exxon + Berkshire Hathaway of Africa — and the world hasn’t noticed. It controls the infrastructure, energy, and food value chains of over a billion people — yet its valuation barely exceeds $6–8 billion. This is not just a company. It's a sovereign-grade industrial force. And it may be the most underpriced macro asset class in global equity markets today. 1. 🏗️ Total Commodities Domination While most companies specialize in one vertical, Dangote

GTCO: has the sell off started.GTCO: Has the sell-off started? Yesterday closed with a big sell day candle. Be careful with this stock as the volatility will likely get worse between now and the end of this month. I will be happy to accumulate this asset from N80 - N85 nzone

How I view Dangote Cement How I view Dangote Cement. Technically: N480 & N400 have been a strong psychological resistance zone for some time now. Fundamentally: The news that Dangote is planning to build a deep-sea port is a positive catalyst if it comes to fruition. My entry: I am looking at a buy entry from N400 using DCA. I will continue to add if it falls below my N400 entry. Trade with care

FTN Cocoa has more than doubled price in 3 weeks FTN Cocoa has more than doubled its price in 3 weeks. The questions are 1. Is this sustainable 2. What is the catalyst for this accelerated rise However, my thought is clear on the chart. A fall below those levels may push it lower. But if the momentum continues, we may see a continuous positive run. Tradew ith care

MTN Nigeria Stock: A Strong Rally smashing the roof MTN Nigeria Stock: A Strong Rally smashing the roof MTN Nigeria stock has demonstrated remarkable growth since trading around the 170 naira zone in December 2024. As of December 9th, the stock was priced at 170 naira but has steadily rallied over the months to surpass several resistance levels (N320, N357 & N386). Based on this momentum, the nearest most significant support zone is N386. This is a zone with confluence between an ascending resistance trendline and a support level. The questio

FTNCOCOA FTN Cocoa Processors Plc FTN Cocoa Processors Plc price action just formed an inverse head and shoulders pattern. Current price: 2.00 (at Neckline Resistance) Investment buy reasons: 1. Notable higher highs created from 0.94 to 1.47 2. Current price is a low risk buy, as price action has retraced over 50% from all time high of 4.1 Profit taking areas if price action breaks neckline resistance: 2.97, 3.96 Note: This Analysis invalidates below. 1.47 Disclaimer: This is for educational purposes only and does not constit

by Ifiok-Trades

DANGSUGAR LONG IDEA Recently, the price of DANGSUGAR stock has broken out of a bearish trendline with a strong bullish weekly candle. This shows a strong intention to continue the buying momentum. To take advantage of the long opportunity, you can buy at the current market price while you can also wait for price to drop to N42.95. The stop can be at N37.70 while the target are N47.85 and N63.50 (final target). If this zone should fail, then the next long opportunity will be at N33.50 with a stop at N30.35 based on

FIDELITYBK: HOLD OR SELL?FIDELITYBK is running up towards its target after mitigating a valid demand zone within the discount level at a price of N17.25. If you have this stock in your portfolio, it's a good idea to hold the stock as it has a potential to go as high as N24.95. Although, the weekly swing high is the actual target, which is at a price of N21.55. Afterwhich, a drop in price is anticipated in order to create another long opportunity. Nevertheless, with the market structure being bullish, it's a good idea to

My buy view for UBA stock on NGX My buy view for UBA stock on NGX This stock experienced a rapid decline following the Central Bank of Nigeria's directive to suspend dividend payouts. I believe this stock pullback presents a buying opportunity. My thoughts are displayed on the chart. Trade with care