The Nigerian stock market ended last week on a negative note, down by 2.94% to close at 102, 353 basis points.

Overall, the market sentiment is still bullish, from next month, we should see Q4 results pour with FY 2024 dividend announcements.

As a short-term trader who is always looking for opportunities to milk a compound return of 20-50% every quarter, I will keep buying oversold stocks with good prospects.

In our private WhatsApp group, I shared a link to one of my previous recommendations in the oil and gas sector.

This stock delivered massive gains in 2024, pulled back on profit taking and as I share this, demand/supply volume analysis tells me that price may trend higher if it closes above its highest price in December 2024.

Click here to access the Oil stock right now and read my comment on the actual trigger price region

Buying a good stock at the bottom of the market comes with limited risk and huge upside potential.

The demand surge noticed on this stock might be driven by insider activity, or institutional investors who are privy to certain news.

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