GTCO has broken above its previous ATHGTCO has broken above its previous ATH.
Will this asset continue this positive run?
GTCO trade ideas
GTCO Faces Stiff Resistance at its 2018 All-Time HighGTCO Faces Stiff Resistance at its 2018 All-Time High.
Guaranty Trust Holding Company (GTCO) continues to grapple with breaking past its 2018 all-time high (ATH), a significant technical resistance level that has challenged the stock since November 2024. Despite showing moments of strength, the stock has been unable to sustain momentum above this critical level.
This persistent struggle suggests that investor sentiment may still be cautious, with the ATH acting as a psychological and technical barrier. For GTCO to convincingly surpass this level, it may require a strong catalyst—either in the form of robust financial performance, positive macroeconomic news, or heightened buying interest from institutional investors.
Traders and investors should closely monitor volume trends and price action around this resistance zone. A decisive breakout accompanied by increased trading volume could signal the start of a new bullish trend.
Conversely, repeated rejections could lead to a pullback, making the stock vulnerable to further corrections.
Hopefully, GTCO is going to be among the stocks on NGX breaking ATH this year.
I STILL EXPECT GTCO TO MOVE SOUTH TO $40Well, I do not expect any serious ride-up from NG banking stocks anytime soon. The reason is that, they are still wooing investors to buy their stocks to raise the fund for CBN recapitalization.
Either you look for sell opportunities short term, or you buy to hold for the possible coming bull run in NG banking sector
GTCO: BULLS DRIVE THROUGH ON HIGHThis may simply be an allusion. The NSE is charging on a bullish notion, P/E ratio variably stands cheap.
THE FIRST QT OF A THINK:We are upcoming to the proving if could be call portfolio manager or is just a claim of position or title.
It's close last week and why you should wait for the trend to be done for the fact that today is like these and is favorable for entry or exit
I will be concerns but before that could you assist to know if there is other than me that is call Noble maumau-trend portfolio.
