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

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 looks set in a 1,2,3,4,5 Elliott motive wave structure. Wave 3 could be on its way now. Great time to buy.

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 this long opportunity, one can buy at the current market price. The first target is N2.99 (24.58%) and the final target is N3.45 (43.75%). The stop can be at 2.10 (-12.50%). Confluences for the long idea: 1. Bullish market structure 2. Trendline 3. Awesome oscillator divergence 4. Rejection candle 5. 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.

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. Bullish engulfing candlestick confirmation 2. Resistance turned to support level 3. Bullish market structure 4. Trendline 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.

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 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.

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 long position. The stop can be at N0.45 (23.73%) while the final target is N1.33 (125.42%). Confluences for the long idea: 1. Bullish market structure 2. Trendline 3. Support level 4. Discount 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.

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 long idea: 1. Bullish trendline 2. Support level 3. 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.

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. ETRANZACT: Up 24%, showing steady improvement in the tech/payment sector. MULTIVERSE: Grew by 24%, indicating healthy gains in diversified tech. NB: +28.8%, good growth for the banking/finance sector. Moderate or no Growth: ARADEL: Small increase of about 1%, steady but minimal movement. HMCALL: Stable with a minor 1.4% increase, remaining consistent. TRANSPOWER: No price change, holding steady for now. Overall Market Sentiment: Average gain across all picks is approximately +22%, a strong positive trend overall. Indicates a bullish sentiment on these carefully selected third-quarter stocks. Opportunity exists to take advantage of higher momentum sectors like cement, sugar, and tech/payment companies. Trading Takeaway: The Q3 2025 picks demonstrate robust growth potential, especially in key sectors like construction materials and tech/payments. Conservative performers provide portfolio stability while high growth stocks offer upside. Continual monitoring for volume and market news is recommended to capitalize on gains and manage risks moving forward.

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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 action involved in it's movements?

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 operates across core commodity supply chains — and dominates nearly every one: Sector Subsidiary Market Control Cement Dangote Cement (DANGCEM) >90% of Nigeria’s market, 10+ countries in Africa Sugar Dangote Sugar Refinery ~95% of Nigerian sugar Salt NASCON Allied Industries Market leader Fertilizer Dangote Fertilizer (Lagos) Largest urea plant in Africa (3M tonnes) Petrochem Dangote Oil Refinery 650,000 barrels/day — top 5 globally Transport Dangote Transport Fleet of 10,000+ trucks This vertical stack gives Dangote absolute pricing power, cost control, and policy influence no Western conglomerate can match. 2. 🌍 Strategic Scale — Africa’s Infrastructure Backbone Africa is projected to grow to 2.5 billion people by 2050. Every new city, road, farm, or industrial zone depends on cement, fuel, fertilizer, and refined food — all controlled by Dangote. Cement = Roads, bridges, housing Fertilizer = Food security Sugar/salt = Consumer staples Refinery = Energy independence Logistics = Nation-scale supply chains Dangote doesn’t serve markets — it builds them. 3. 💸 Valuation Disconnect Is Historic Metric Dangote Cement (DANGCEM) U.S./Global Peer Market Cap ~$6–8B >$60B (e.g., Holcim) ROE ~20%+ Comparable or higher Revenue Growth Double-digit Slowing/stagnant Market Position Near monopoly Fragmented Global Awareness Very low Very high In the U.S., a company with this margin, moat, and dominance would be valued at $100B+. 4. ⚙️ Self-Sufficient and Geopolitically Backed Builds its own roads, ports, terminals, and energy Enjoys full support from Nigerian government Protected by tariff structures, policy controls, and export incentives Free Zone development in Lekki has full sovereign backing This is what a “National Champion” looks like. The West has Boeing. Russia has Gazprom. Africa has Dangote. 5. 📉 Why It’s So Undervalued Listed only on NGX — no dual listing in NYSE or LSE Priced in Nigerian Naira (NGN), which depreciates regularly Global funds avoid Africa due to FX + liquidity risks Most of the world simply doesn’t know it exists 🔮 Macro Outlook As Africa industrializes, Dangote is positioned to grow 5x–10x over the next 10–15 years, purely on population and urbanization tailwinds. If it ever: Lists its refinery division Secures dollar-based revenue streams Or enters international ETFs... …it would be one of the top performing industrial investments globally. ✅ Bottom Line: Dangote is not just undervalued — it is misclassified. It is not an “emerging markets stock.” It is a continental-scale industrial monopoly operating at frontier prices. 🚀 Investment Conclusion If you're looking for the next Berkshire, Aramco, or Tesla, start where no one else is looking: Nigeria. Dangote. The engine of Africa.

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 question is. 1. Can the buy continue with this vertical push-up up 2. Will the N386 confluence zone continue to hold this stock from falling? Trade with care. Please like, follow, and share your thoughts.

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 constitute financial or investment advice. Always do your own research and consult with a professional before making any investment decisions.

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 market structure. Confluences for the long idea: 1. Trendline and resistance breakout with a strong bullish weekly candle. 2. Strong volume momentum on the volume indicator. 3. Market structure is bullish. 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.

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 ride on the higher prices that can be created in a bullish market.

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

$ellahlakes Ellahlakes over 45% Retracement from 5.4naira/share Ellah Lakes Plc, established in 1980 and headquartered in Benin City, Nigeria, is an agribusiness company engaged in cultivating oil palm, cassava, soybean, maize, and rice. The company manages plantations across Edo, Ondo, and Enugu States. NSENG:ELLAHLAKES all time high is 5.4naira/share in September 2024 Current price: 2.99naira/Share #Ellahlakes is currently a low risk investment with possible heights of 3.9 and 4.7 per share. Preferred buy zone is between: 2.7-3.1 Please Note: Idea Invalidation is Under 2.7 Indicator in use is the SuperAI: Check my Profile for more Information.

by Ifiok-Trades

MTN Nigeria Stock Analysis and Outlook MTN Nigeria Stock Analysis and Outlook MTN Nigeria has shown a strong recovery, breaking out of its prolonged downtrend in early December 2024. Since then, the stock has delivered an impressive rally, gaining nearly 70% in value. As of the latest trading session, MTN Nigeria closed at ₦279. From a technical analysis standpoint, there is a possibility of a short-term pullback toward a key support zone (indicated in yellow on the chart). Should this level hold, the stock may continue its upward momentum with a potential push toward the ₦300 psychological resistance level. While the medium-term trend remains bullish, it is important to approach this with caution—particularly for short-term traders. Implementing a well-placed stop loss remains crucial to manage downside risks effectively in volatile market conditions. Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Always conduct your own due diligence before making investment decisions. Please: Follow me, like, and share my analysis. Also let me know your viee

$INTBREW OVER 75% RETRACEMENT & 4-YEAR CONSOLIDATION Even though NSENG:INTBREW International Breweries PLC has shown Market Leadership & Strong Brand Portfolio Owning popular brands like Trophy, Hero, Beta Malt, and Castle Lite it's share price has lost over 75% of its value across 4years. #INTBREW Current Price: 5.4 In light of the value lost, Price action has also shown a 4year consolidation between 3.5 - 6.5 (termed Buy Zone) in the Charts. A break out of price above 6.5 can lead to much higher prices. Resistance above: 6.5, 9.6, 13.9 This idea is invalidates when price action loses support at 4.0 Want to know more about Nigerian shares? Also get my Share picks for 1st quarter of 2025? Chat me up! Check the link on my profile. Cheers

by Ifiok-Trades

WATCH OUT FOR VERITASKAP From around 0.83, VERITASKAP created an all-time high of around 1.81. This happened between August 2024 and September 2024. Then, price dropped into the discount level where is currently. The current price action shows that price is in a discount level, at a demand zone and within a falling wedge. From a chart pattern perspective, falling wedge can be seen on the chart and a break out of the downtrend and resistance level around 1.06 with a bullish candle closing above these levels will serve as a strong indication that the stock is ready to rally up as much as the all-time high. From a technical indicator perspective, awesome oscillator is below 0, showing that the stock is oversold. In addition, there is a bullish indication on the awesome oscillator as shown by its colour and upward movement. This is pointing to the fact that the value of the awesome oscillator is moving towards 0 and can cross over it which can be a good indication for a rise in price as well. From a smart money concept perspective, a break of the last high (around 1.27) that led to the last bearish internal break of structure will as serve as indication of a bullish trend. Hence, the target will the all-time high. Either way, the stock has a good potential. An aggressive trader or investor may buy at the current market price. While a conservative trader or investor may wait for a breakout. Watch out for the confluences indicating potential rise in price so as to not miss out on the benefit.

ACCESSCORP LONG IDEA According to the Compendium of Broker's stock recommendation from May 26 to 30, 2025, a buy recommendation was made for ACCESSCORP. This caught my attention and I needed to see what made Bancorp Securities, Afrinvest and Lead Capital to make the buy recommendation. In January, 2024, ACCESSCORP reached its all-time high, a value around 30.75. This rally started in September 2023 from a value of around 14.50. Then, there was a pullback into the discount in April, 2024 at a value of around 15.95. After which, price rose as high as 28.95 in February, 2025. This was also followed by a drop into the discount level in April, 2025. That time could have been a good long opportunity as price dropped into the discount level, mitigate a demand zone, support level and trend line; all lining at the area around 20.10. Recently, bullish engulfing candlestick was formed around a key level and trend line. And this was a drop to the demand zone around 21.70. This is a good price to continue with the trend. At the current price, it is good to take a long position targeting the all-time high of 30.75. Confluences for the long idea: 1. Price is respecting the uptrend. 2. Price is in discount level. 3. Trend line, support and demand zone converged at the same area. 4. Awesome oscillator is in oversold region. Disclaimer: This is not a financial advice. The outcome maybe different from the projection. If you can't accept the risk, don't take the signal.

NEM SHORT IDEA NEM Insurance stock is ready to have a drop. There's a bearish divergence signal from the awesome oscillator showing that there's a high tendency for the price of the stock to drop as much as to 11.65 and below that value. Any value below 11.50 is the discount level where there can be a potential for the next long opportunity. Looking at the past data, some patterns were revealed. In September 2016, there was a bearish divergence signal and the price dropped from around 3.71 to around around 1.51. Likewise, in September 2022, there was a bearish divergence and the price dropped from around 5.65 to around 3.71. Similar pattern is what is repeating itself showing that there's a higher probability that the price dropped into the discount level. For an investor holding this stock, this maybe a signal to sell and wait for another long opportunity. For a trader, it's an opportunity to short the stock, targeting the discount price around 11.65. Confluences for the short signal: 1. Price is showing higher high while awesome oscillator is showing lower high indicating bearish divergence. 2. When similar patterns occured in the past, price dropped into the discount level. 3. A bearish engulfing candlestick had been formed showing that price is likely going to drop further. Disclaimer: This is not a financial advice. The outcome maybe different from the projection. If you can't accept the risk, don't take the signal.