This is the chart of
ACCESSCORP (Access Holdings PLC) on the weekly timeframe,
Current price: 28naira/share.
Price action is forming a cup-and-handle-like structure pattern.
* The recent move appears to be completing another **cup** formation, which is typically a bullish continuation pattern if confirmed with strong breakout volume.
* Price action is currently at neckline resistance roughly ₦28–₦29 (current level), meaning price is testing a critical breakout zone.
Key Levels to watch
Immediate Critical Resistance: ₦28 – ₦29.00 (current battle zone; a breakout here could open room for further upside).
First Target: ₦34.10 /share
Second Target: ₦40.25/share (potential measured move from fibbonacci).
Idea remains validated if this Support Zone remains respected ₦24.00 – ₦25.00 (mid-level pullback support).
#accesscorp idea is invalidated under 24naira/share
Current price: 28naira/share.
Price action is forming a cup-and-handle-like structure pattern.
* The recent move appears to be completing another **cup** formation, which is typically a bullish continuation pattern if confirmed with strong breakout volume.
* Price action is currently at neckline resistance roughly ₦28–₦29 (current level), meaning price is testing a critical breakout zone.
Key Levels to watch
Immediate Critical Resistance: ₦28 – ₦29.00 (current battle zone; a breakout here could open room for further upside).
First Target: ₦34.10 /share
Second Target: ₦40.25/share (potential measured move from fibbonacci).
Idea remains validated if this Support Zone remains respected ₦24.00 – ₦25.00 (mid-level pullback support).
#accesscorp idea is invalidated under 24naira/share
Transaction en cours
Current price 25naira per share
Up from here!? NFA
Trade fermée: ordre d’arrêt atteint
INVALIDATED!!!Publications connexes
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
