Sunday, March 9, 2014

HUGE VOLUME SPIKE ON WEMABANK PLC

The NSEASI lost 72.00 points today on huge volume to close at 39,127.41. Total volume traded 884,273,591 valued at N4,477bn. 
I would describe todays rally as “A Bullish Down Day”.

Leading the Pack was Wembank Plc  contributing to half the total volume of 409,236,320 units to close at N1.05

Entry/Exit signals are the 3 Months support/Resistant levels of 0.94-N1.15.

WEMABANK PLC Daily chart  showing Volume spike.

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WEMABANK Daily Chart with TA indicators

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