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STANBICETF30
After hitting an ATH of N1810.1 NAV, STANBICETF30 saw a crazy correction of 63% from its previous ATH. Broke down from critical levels but respected the N685.1 NAV, N762.4 NAV and has reclaimed the 2024 yearly high of N1,050.3 NAV which has done 83% from the N685 NAV.
What does this tell us about this ETF? It is very volatile if not treated properly. I wanna see a correction of the 2024 yearly high, and we hold there, then I will deploy some bids, or I leave it alone. Though this made us a lot of money. ALWAYS TAKE PROFIT, NOT EVERYTHING IS FOR THE LONG TERM
#NFA