IHS Holding Limited (IHS) Boosted by 5G RolloutsIHS Holding Limited (IHS) is a leading independent owner, operator, and developer of shared telecommunications infrastructure, primarily in Africa, Latin America, and the Middle East. The company provides tower leasing and power management services that support mobile network operators. IHS’s growth is driven by rising demand for mobile connectivity, data usage expansion, and the ongoing rollout of 4G and 5G networks in emerging markets.
On the chart, a confirmation bar with increasing volume indicates strong interest. The price has entered the momentum zone by breaking above the .236 Fibonacci level. A trailing stop can be placed just below that level using the Fibonacci snap tool to lock in gains while allowing for continued upside.
