#Charts || First HoldCo || What NEXT ?
❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE ❖ FOR EDUCATIONAL PURPOSES ONLY
📘 TRADE PACKET — First HoldCo Plc (1D Chart) Patterns: Falling Ascending Triangle (Contracting) + Ranging Channel + Ascending Triangle (Contracting) + Descending Triangle (Contracting) Indicators: Price Action + Volume Structure | Price: ₦80.00 (Support Zone Highlighted)
🟩 BUY Zone
• ₦78.00 – ₦80.00 • Aligns with the newly‑formed support highlighted on the chart • Whale‑level accumulation + follow‑through bullish prints confirm demand at this band • Cleanest entry sits at ₦79.00, where triangle compression meets channel support • Volume spikes suggest institutional interest, but expect short‑term profit‑taking before continuation
🟥 Stop‑Loss Zone
• ₦75.00 • Below the lower boundary of the contracting triangle + breaks the ranging channel structure • A close under ₦75.00 exposes downside risk toward the prior liquidity shelf around ₦72.00 • Protects against a failed compression resolving into a deeper corrective leg
🟦 Exit / Take‑Profit Zone
• ₦84.50 – ₦88.00 • Matches upper resistance of the descending triangle + prior supply zone • Measured move from the contracting triangle gives a projection near ₦87.20 • Trail stop above ₦83.00 once price clears ₦84.00 with strong volume expansion
🟨 Market Structure Notes
• Whale transactions + bullish follow‑through indicate strong underlying demand • Expect a cool‑off period as profit‑takers exit • Continuation bias remains valid ONLY if fundamentals stay intact • The ₦80.00 level is the key pivot — hold = continuation, break = structural shift
❖ [NOT FINANCIAL ADVISORY] ❖ [CONSULT YOUR STOCKBROKER, ACCOUNTANT, BANKER, SOLICITOR OR ANY OTHER PROFESSIONAL ADVISOR FOR GUIDANCE] ❖ DO YOUR DUE DILIGENCE ❖ FOR EDUCATIONAL PURPOSES ONLY