How I view Dangote CementHow I view Dangote Cement.
Technically:
N480 & N400 have been a strong psychological resistance zone for some time now.
Fundamentally:
The news that Dangote is planning to build a deep-sea port is a positive catalyst if it comes to fruition.
My entry:
I am looking at a buy entry from N400 using DCA.
I will continue to add if it falls below my N400 entry.
Trade with care
DANGCEM trade ideas
DANGOTE CEMENT PULLING BACK TO VALUE ZONEInvestors' sentiments is shifting bearish for Dangote Cement stock after the pullback from its recent high. Smart Monies are expected at the value zone above 200 which may subsequently drag the price high to test the recent swing-high or making a new high, creating a higher-high scenario.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades