Oando Plc stock has lost nearly a third of its ATH

Updated
Oando Plc stock has lost nearly a third of its ATH.

This stock moved from around 9.4 naira to nearly 100 naira per stock in just 5 months.

The stock has been down significantly from that peak.

It is situated on FIB23.6 currently as resistance.

Should we expect this stock to fall further?

Can this asset ever get to the 37 naira zone again anytime soon?
Trade active
The FiB 23.6% zone held as a support zone
Trade closed: target reached
Trade moved from support level (FIB 23.6) of N63 to N71.

FIB level works. But you have to trade with other analysis
Chart PatternsSupport and ResistanceTrend Analysis

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