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
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
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.