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MTN Nigeria Stock: A Strong Rally with ₦250 in Sight
MTN NIGERIA COMMUNICATIONS PLC
Long
MTN Nigeria Stock: A Strong Rally with ₦250 in Sight
By ForexClinik
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Jan 9
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MTN Nigeria Stock: A Strong Rally with ₦250 in Sight.
MTN Nigeria stock has demonstrated remarkable growth since trading around the 170 naira zone in December 2024.
As of December 9th, the stock was priced at 170 naira but has steadily rallied in recent weeks to surpass 240 naira today.
Based on this momentum, the next potential resistance level appears to be around 250 naira.
If buying interest continues and market conditions remain favourable, we could see the stock test 250 naira level in the near term.
Chart Patterns
MTN
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Support and Resistance
Trend Analysis
ForexClinik
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