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 from the projection. Don't take the signal if you're not willing to accept the risk.
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 from the projection. Don't take the signal if you're not willing to accept the risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.