TRANSCORP (NGN) Breaks Out of Consolidation – Potential Upside

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TRANSCORP (NGN) Breaks Out of Consolidation – Potential Upside Ahead

TRANSCORP has successfully broken out of its immediate consolidation zone and is currently trading at ₦61.

If this breakout is sustained, it presents a promising opportunity for bullish momentum.

Given the current market structure, I am looking to maintain a buy position around ₦58 - ₦61, with ₦70 and ₦80 as my key target price (TP) zones.

As with all trades, patience is essential, and I am prepared to hold my position strategically for optimal returns.

Trade wisely and manage risk accordingly.
노트
Hey mates,

Breakout from N60 zone could not be sustained. The zone has become a resistance zone.

I am still bullish longterm

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