As we head into the peak of the earnings reporting season, it is important to remember the power of sentiments and momentum in minimizing risk and maximizing equity market gains, especially now that the fixed income market is witnessing a disconnection from the recently hiked Monetary policy rate (MPR).
Also, the corporate earnings released so far are impressive and positive enough to support higher pay-outs and dividend growth as all eyes are on the financial services and blue chip stocks, among other sectors with strong defensive characteristics and growth prospects. With a new bull market on the horizon for Q1, now is the perfect time to take advantage of fundamentals and technical analyses offered in the Investdata buy and sell signal Jumbo pack that ends on March 31, 2023.
To help you attain your trading and investing goals in 2023, we have put together a new package featuring Trendy stocks, Momentum trading, Dividend income, Defensive stocks and low price that are set to dominate the market in the next decade.
The companies with positive momentum and extreme bullish prospects were discussed in the NGX Q & A with Ambrose and Buy & Sell Signal for the week, using my unique stock picks strategy of money flow, buying and selling signal. Below are the price actions and patterns to watch ahead of the week trading.
NGXGROUP (Opening chart)