How I Snagged a 19% Gain on Maybaker in Two Trading Days
I know many on this forum watch NGX. I want to share my recent trade so you can see my reasoning. On Friday I bought Maybaker at ₦37. In two days it rose to ₦44— a 19% gain. I only use data. No tips, no group chats. 1. Price dropped but fundamentals stayed strong. The business was intact and the gap signaled opportunity. 2. Valuation looked cheap compared to healthcare peers. That kind of discount rarely lasts. 3. A key support level held after multiple tests. When a solid stock bounces off the same level, the market speaks. 4. Volume quietly built. Accumulation often precedes big moves. When all four signals align, I enter. I stopped chasing tips and now focus on valuation, fundamentals, and momentum. It takes more work, but the returns speak for themselves. I also use a free, jargon-free stock scoring tool that rates fundamentals, dividend yield, and momentum. It won’t pick tomorrow’s winner, but it gives a solid data-backed starting point. Happy to answer questions. Which NGX stocks are you watching?
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