FIDELITYBK: HOLD OR SELL?

FIDELITYBK is running up towards its target after mitigating a valid demand zone within the discount level at a price of N17.25. If you have this stock in your portfolio, it's a good idea to hold the stock as it has a potential to go as high as N24.95. Although, the weekly swing high is the actual target, which is at a price of N21.55. Afterwhich, a drop in price is anticipated in order to create another long opportunity. Nevertheless, with the market structure being bullish, it's a good idea to ride on the higher prices that can be created in a bullish market.