Stocks sell-off is increasing, BUY this ONE to beat the dip

Aug 22, 2024 4:03 am

The Nigerian stock market index just dropped below a major key level, 97, 347 basis points with all the major averages pointing to further dip in weeks to come.


If you have been following my updates in the WhatsApp group, you would have read this particular timely information.


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What does this mean?


A larger number of stocks might experience a sell-off especially companies that fall short of analyst expectations on their Q2 financials but no panic!


One of the profitable strategies to pick stocks during the dip or sell-off is to look for selected companies that reported solid quarterly earnings with share prices emerging from the bottom, appreciating to new week highs and also looking to break out of their 30-day high.


These 3-4 key insights have helped me beat the dip, and make money in the worst market sell-off.


Here is one banking stock I recommended yesterday with a similar price pattern.


This bank has been growing its core earnings without FX making it less vulnerable to the FG windfall tax if implemented.


Don't miss this underrated new pick before the price soar.

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