GTCO (NGX) Stock AnalysisGuaranty Trust Holding Company PlcNSENG:GTCOForexClinikGTCO (NGX) Stock Analysis GTCO on the Nigerian Stock Exchange experienced an unprecedented rally, reaching as high as the ₦157 price zone. Like many other stocks on the exchange, it has since undergone a significant pullback, retracing more than 50% of that upward move. At the moment, the stock is trading just above the 50% Fibonacci retracement level. Based on my chart analysis, I have also identified a supporting trendline. From my perspective, I will begin dollar-cost averaging (DCA) into GTCO from around the ₦115 per share zone. Rather than making a single entry, I plan to build my position gradually through multiple purchases as the market develops. To manage risk conservatively, I will place my stop-loss just below the 61.8% Fibonacci retracement level, which is around ₦108 per share. If the stock breaks below ₦108–₦105, I will accept the loss and exit the position. From a medium- to long-term perspective, I remain bullish on the stock. If the current support holds, I expect GTCO to resume its upward trend. My price targets are: First target: ₦138 per share Second target: ₦145 per share As always, this is my personal market analysis based on technical analysis and risk management principles. It is not financial advice, and every investor should conduct their own research before making investment decisions.