Where Is TRANSCORP on NGX Heading Next?

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TRANSCORP recently broke its previous all-time high (ATH) of ₦53.5, setting a new ATH at ₦54.5.

However, the bullish momentum did not sustain, and the price has retraced to the ₦50 zone, which is now acting as a key support level.

Currently, there are no strong fundamental drivers indicating the possibility of a new rally. This raises the question:
Could we see the price decline further to the ₦46 zone, a level that has served as strong support multiple times in the past?

The Nigerian Exchange (NGX) has been quite volatile recently, and TRANSCORP is no exception.

交易结束:到达止损
Congratulations champs.

We are close to our N46 naira TP. Close in profit

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