TANTALIZER


Well, can I say this has been a solid year for Tantalizer? Maybe too early.
Recall, last year I was bent that my buy price for TANTALIZER is N1.85/share, and eventually I got my price in November 2025, and we rode with it to an ATH of N6.25/share, where we were rejected. In my trading position, I took profit around the N5/share zone, while in my long-term, I have not taken profit and am looking to add more.
Now, fundamentally, you can see the company is trying to get out of its mess, and they are now profitable, and the balance sheet clean-up is still ongoing, but if you expect dividends from this company, then I will say you should stop investing.
Back to the TA part of this stock, is showing a strong uptrend, volume has been positive and shows this is a trader's delight stock with an average of 50million units traded every week.
What do I expect?
1. Either we reclaim the N4.66/share region, which I am not interested in buying, but if you don't have you might wanna consider or
2. If option 1 does not play out, my favourable region to load around the 2025 yearly high of N3.45/share to the N2.98/share region, which I doubt will happen, as I expect the bulls this coming Monday to blaze through that resistance
My target for this company has always been double at least N10-N15 per share.
#NFA #SENKOREQUESTSESSION
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin