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yodiyokun (f)
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Thats my Worry - the RSI it was flat thorughout it just dosent make sense.
And if it downtrends before it gets to its last high then that means it is trending down.
Apparently there are still lots of sellers - it may be entering a trading range after this.
I think I better sell on Monday and cut my losses.
@Invisible,
Are you saying that - it has more way to go or???
I think sellers are lurking and trying to sell be4 they get caught out like last time.
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invisible! (m)
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no yodi, I think it has more chances of falling on monday since sellers has upped supply suddenly. you just did 666 posts, isnt that number scary in its significance   |
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loma (m)
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Fellow diasporeans on a summer visit to the homeland. How do you do? Its great to have dual-nationality! |
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invisible! (m)
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My monday buy list will look like this
Transcorp, to average the ones I bought @4.26
Nascon,
NGC,
GTB.
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yodiyokun (f)
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no yodi, I think it has more chances of falling on monday since sellers has upped supply suddenly. you just did 666 posts, isnt that number scary in its significance But there was more buyers than seller though or else it wont get to 6.84. So it may not drop entirely on Monday just slow down and then drop fully on Tuesday - my thoughts. Any hope it doesnt drop so they can sell mine off. |
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aktopgun (m)
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@yodi
actually, a dragon fly doji indicates a stalemate between buyers and sellers
u know, that kain 1-1 goalless draw
ABC will more than likely drop i think
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aktopgun (m)
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na dual nationality them dey call am jare. besides, na this people help build this house up to abi ke! ehen, invisible, why NASCON bros, why? for CICO? very small margins o. but maybe u see something i don't |
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shigidi (m)
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aktopgun, i must admit your candles work excellently well. please can you explain what its all about. thank you
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aktopgun (m)
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@eniyanman right back at cha mate. wassup. any gist for your boy. light up a chart for your guy na |
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loma (m)
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I accompanied Pres. Carter on his trip here! Ak, please shine candle on TransXpress and Betaglass
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invisible! (m)
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@topgun, can't really confirm the small side gist on Nascon cause its not strong, a friend that should know says the outstanding results will be good. add that to the Dangote touch,worst case scenario,I break even.
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iconbull
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aktopgun
its been quite a while. please which company owns nigerian securities, is it the NSE? do u think they will be charging money soon
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invisible! (m)
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I accompanied Pres. Carter on his trip here! Ak, please shine candle on TransXpress and Betaglass
Do you people know the 'real' reason why Jimmy Carter is here? he is fronting for some American big banks that wants to buy up ten Naija companies just stay tuned as I will keep you posted on the name of the companies soonest, or pay $1000 and I will give you the expo! |
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easimoni (m)
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aktopgun
its been quite a while. please which company owns nigerian securities, is it the NSE? do u think they will be charging money soon
They are privately owned. Abeg, don't put ideas into their heads na! You can email them if you want to find out more. They are VERY responsive |
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easimoni (m)
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Post your bank account number and all required personal details here.  |
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invisible! (m)
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@Loma, any need analysing Beta glass? abi you wan chase fast train? I have given up further buys since I saw the bid size. Let me look at other opportunities joo.
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easimoni (m)
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@topgun, can't really confirm the small side gist on Nascon cause its not strong, a friend that should know says the outstanding results will be good. add that to the Dangote touch,worst case scenario,I break even.
Hmmmm. This is powerful gist. |
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aktopgun (m)
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@shigidi
candles incorporate something other indicators don't have and thats market psychology.
@eniyanman
the dragonfly suggests that from the opening, the price didnt bid higher but sellers kicked off ans bid it lower. later in the day though, buyers resurfaced and bid the price back up. However, because in this case it happened in an uptrend, it is not a good sign because after an uptrend where buyers ruled, now sellers aka profit takers are descending.
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shigidi (m)
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aktopgun, are candles shown on nigerian securities, where can i get a clearer glimpse
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invisible! (m)
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the other home seems to be back again, fast response to problems again.
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mastermove
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Aktops I beg shine ya light on Gold insurance-- hows it looking
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loma (m)
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@Invisible- I dey front seat for Betaglass already, I just wan confirm the available refreshments on board!
I dey go back to diaspora!
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invisible! (m)
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@Invisible- I dey front seat for Betaglass already, I just wan confirm the available refreshments on board!
I trust you Loma, you go dey joke but guys no sabi say your eyes dey for business gan! anyways, I bought two weeks ago and will be sitting tight till I know what is cooking. Sell some ya own to me na, what are friends for |
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aktopgun (m)
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knight to D4 (aka mastermove)
goldlink sir
before and after
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beginner
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Hello
Please shine the candle on fidelity and unity bank. I really need to minimise my loss on these ones. Does anyone know when Fidelity plans to list their new shares? Thank you
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aktopgun (m)
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Since it was a doji, I think this was the sequence of events:
buyers bid up (higher open) ---> sellers came out (low) ----> buyers returned and bid back to close.
not quite. u see, yes it was a doji but whats important is "the type" of doji as there are a few different types. this one, a dragonfly doji doesnt have prices being bid higher than opening. prices drop for a while as evidenced by the long tail but as u rightly said, buyyers came in late in the game and bid the price back up but still couldnt bid it higher than opening, hence why it is a doji in the first place. ie open and close essentially the same. i am assuming the "higher opening" u are referring to is the fact that it opened higher than the previous day's close. true but with candles, unless u are combining 2 or 3 or 4 day candle patterns, each day's candle formation stands on its own, as is the case here |
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aktopgun (m)
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Hello
Please shine the candle on fidelity and unity bank. I really need to minimise my loss on these ones. Does anyone know when Fidelity plans to list their new shares? Thank you
@beginner hello there. can i please get back to u tomorrow on these 2? i am kind of fagged out tonight and i don't want ot do u an injustice. bee staring at a screen too long today u have my word on it for tomorrow. deal?  |
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beginner
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Aktopgun - Thank you happy to wait.
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mastermove
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AK tops thanx for your illustration
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Sweet_aura (f)
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@ Invisible,
It'll be a welcome idea to have more American companies in Naija than all these Chinese and Indian sub-standard slave driver companies.
No worry we go pay you the $1,000 if their private placement go first land for Nairaland.
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