Edu brazil
@edubrazil1·1 Aug
First HoldCo Plc
NOT FINANCIAL ADVICE
Consult your stockbroker, accountant, banker, solicitor, or other professional advisor.
Do your own due diligence.
For educational purposes only.
Buy Zone: ₦78.00–₦80.00
The ₦80.00 support zone remains the key accumulation area, with ₦79.00 offering the strongest risk-to-reward setup as multiple chart patterns converge. Recent volume suggests institutional buying, although short-term profit-taking is still possible.
Stop-Loss:₦75.00
A close below ₦75.00 would invalidate the current bullish setup and could trigger a move toward the ₦72.00 support area.
Take-Profit: ₦84.50–₦88.00
This range aligns with major resistance, with the chart pattern projecting an upside target around ₦87.20. Consider trailing your stop once price breaks above ₦84.00 on strong volume.
Key Level: ₦80.00
Holding above ₦80.00 keeps the bullish outlook intact, while a break below it increases the likelihood of a deeper correction.
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