CWG

After printing an ATH of ₦25.25/share, CWG is now undergoing a healthy and expected correction. This pullback is not a sign of weakness but rather a natural retracement after an aggressive upward move.
The key level to watch is the ₦19.60/share region, the 2025 yearly high. That level is technically significant because it aligns with the Fair Value Gap (FVG) created during the breakout above ₦19.60. A retracement into that zone that gets respected would signal strong structural support and continuation potential.
If price taps into that area, clears the imbalance, and holds with strong demand confirmation, it presents a high-probability re-accumulation opportunity.
In simple terms:
As long as ₦19.60 holds, the bullish structure remains intact, and that’s where I position aggressively.
#NFA