Chart Patterns Of Selected NGX Stocks To Watch
The NGX All-Share index appreciated by 1.27% at the end of the short trading week, breaking out the 52,000 marks to close at 52,215.12 basis points, after opening at 51,557.41bps on improved buying sentiments as revealed by the investor sentiments report of 74% buy volume and 26% ‘sell’ position. This brings the market’s month-to-date performance to 0.77%, and a year-to-date gain of 22.24%.
Profit making opportunities are revealed by the candlestick, and trend analysis using price actions to identify high profit potential trades in any market cycle.
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NGXASI: Opening chart