Redoil:
how u dey and ur people

We thank GOD . hope all is well with you sir ? .

BullBearMkt:


Equity trading is all about speculation & sentiment analysis based on available info. Nothing else...

Is long am looking at you to post . your face look smart guy are you ?

Raider76:
Looking for Zenith at N12 b4 closure date.

I doubt if you can see it at even #13 before the closing.
Zenith bank is just doing press up this week on how to move up next week, you will be surprise the way it will move up to #16 and #17, even #18 next week.
In Nigeria stock market, anything is possible .

This might give a clue to the recent happenings with Zenith shares
Folks, please read and be guided.

http://nairametrics.com/zenith-bank-shares-tank-after-earnings-call-blunder/

Excellent7:
This might give a clue to the recent happenings with Zenith shares
Folks, please read and be guided.

http://nairametrics.com/zenith-bank-shares-tank-after-earnings-call-blunder/

That's good information, but the company recorded good result and will still do it again this year, they might have a good reason to raise money, but they would have waited for their price to hit #20 before bringing the issue of fund raising.
Anyway the bank is still good , I believe on next week positive turn around for Zenith bank.

ihedioramma:
Is long am looking at you to post . your face look smart guy are you ?

Wao! You can see my face through the monitor? That's wonderful sir. I be a good Niaja just like u...

Chibuking81:

I doubt if you can see it at even #13 before the closing.
Zenith bank is just doing press up this week on how to move up next week, you will be surprise the way it will move up to #16 and #17, even #18 next week.
In Nigeria stock market, anything is possible .

If anything is possible, so how can it not get to 13 or even 12? Technically it has potential to test 13.80 OR 13.32 (even worse 10.50 on the longer period) lows before the downtrend could be reversed.

Chibuking81:

I doubt if you can see it at even #13 before the closing.
Zenith bank is just doing press up this week on how to move up next week, you will be surprise the way it will move up to #16 and #17, even #18 next week.
In Nigeria stock market, anything is possible .

if it's possible for the price to go positively,it's also possible to go negatively.

Let's try curb emotion when making investment decisions and we'll get the best result

BullBearMkt:


If anything is possible, so how can it not get to 13 or even 12? Technically it has potential to test 13.80 OR 13.32 (even worse 10.50 on the longer period) lows before the downtrend could be reversed.

didn't even notice this.Thanks

DeRuggedProf:
Are these bears hitting ZENITH not seeing GTB....?
GTB is still looking UP.

na turn by turn

Intendy:


if it's possible for the price to go positively,it's also possible to go negatively.

Let's try curb emotion when making investment decisions and we'll get the best result

Oga,my own problem with zenith bank is why will they come up with the issue of raising fund now when they know the market is in distress...........Is is not possible for market to punish the stock?

PETERiCHY:


2017 is the year of "ECLIPSE"

It will factor in all (100%) the negative news of 2016 and the MARKET will TANK like never before, its then the FULL CIRCLE will be complete.

2018 is actually year of the "DAWN" which will usher in a new beginning for the NIGERIA ECONOMY.

Those that has ears let them hear what the FUTURE holds.

*ThE OcToPuS*

Equities market closed today on a negative note, as NSE ASI depreciated by 1.40% to close at 24,829.59 basis points, as against 0.58% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -7.61%.

https://www.proshareng.com/news/DAILY%20WEEKLY%20MARKET%20UPDATES/Market-Extends-Two-Day-Losing-Streak-by--1.40Percent./33914

locodemy:


Oga,my own problem with zenith bank is why will they come up with the issue of raising fund now when they know the market is in distress...........Is is not possible for market to punish the stock?

The deed has been done.We are seeing the effects/punishment for now.Next is investors/traders should take decisions that makes them more comfortable

Zenith
- RSI 28.9
- sp back below 50dma
- macd below zero line and signal line
- 6 month CLOSING low was N13.50

looking back:
- d rejection or failure to cross at N16 by d bulls (20 - 27 jan) was first FLAG (it tried twice)
- the failure to find support at N15 was second FLAG (RSI was dropping here)
- the bears are now bold , while the left over bulls are still in shock hoping for a sudden reversal
- um

dis:
no holdings

fxuser:
Zenith
- RSI 28.9
- sp back below 50dma
- macd below zero line and signal line
- 6 month CLOSING low was N13.50

looking back:
- d rejection or failure to cross at N16 by d bulls (20 - 27 jan) was first FLAG (it tried twice)
- the failure to find support at N15 was second FLAG (RSI was dropping here)
- the bears are now bold , while the left over bulls are still in shock hoping for a sudden reversal
- um

dis:
no holdings

Oga,Good am,your technical analysis yesterday shows that fcmb bearishness continues but ended up yesterday otherwise.Dont you think there is something greater than technicals in the market?

If FCMB and LAFARGE dont drop their results today then something is wrong.

I hope they don't give us Profit warning.

BullBearMkt:


Wao! You can see my face through the monitor? That's wonderful sir. I be a good Niaja just like u...

Tell us the truth, the name you use befor to post? for example the face you use to see in lagos, if you go to EDO and see the same face you will know .

OBAGADAFFI:
If FCMB and LAFARGE dont drop their results today then something is wrong.

I hope they don't give us Profit warning.

Okokomyko na 80kobo they will pay you

locodemy:


Oga,Good am,your technical analysis yesterday shows that fcmb bearishness continues but ended up yesterday otherwise.Dont you think there is something greater than technicals in the market?

- ending up higher than opening price wt low vol, does not mean bearishness is not at play !
- however , looking at the weekly , we opened this week at N1.27 , below close of last week at 1.29
- also its a been a reluctant pull back wh is good for reversals
- a pull back with high vols is more wicked and dangerous than pull back on very low vol with with bid/ask (see zenith)
- so no tensions


dis:
very very heavy here, its my last holding. waiting to get out and stay in cash 100%

ihedioramma:
Okokomyko na 80kobo they will pay you

#nawa

locodemy:


Oga,Good am,your technical analysis yesterday shows that fcmb bearishness continues but ended up yesterday otherwise.Dont you think there is something greater than technicals in the market?

Oga ,Technical analysis is just a hint of possible stock/market direction and not a certainty.
But I believe Fcmb might have loss if not all the effort you have put in all through yesterday if I must believe.

fxuser:


- so no tensions
dis:
very very heavy here, its my last holding. waiting to get out and stay in cash 100%

Link
https://invst.ly/3dll9

Zenith bank institutional investors should better come in, they should better come and rescue the bank, otherwise we will abandon the zenith bank for them come next week.
They should better, atleast close on positive note today.

Intendy:


Oga ,Technical analysis is just a hint of possible stock/market direction and not a certainty.
But I believe Fcmb might have loss if not all the effort you have put in all through yesterday if I must believe.

yhupp ! absolutely not a certainty , just a probability of social behaviour of masses
what do i know !
mkt opens

ihedioramma:
Tell us the truth, the name you use befor to post? for example the face you use to see in lagos, if you go to EDO and see the same face you will know .

I have just joined the forum & yesterday's posts were the the first...

Intendy:


Oga ,Technical analysis is just a hint of possible stock/market direction and not a certainty.
But I believe Fcmb might have loss if not all the effort you have put in all through yesterday if I must believe.

Oga intendy,I know why i asked the question.As we are doing our mushroom analysis here,there are just few people outside there that gives stock direction.Day before yesterday,i saw things with my eyes.Do you know that stock manipulations is not all about volumes/cash.Just #100,000 can drive up or push down a stock price.I cant talk much concerning fcmb.somebody is monitoring comments in this NSEMPA.He is a guest.

Only The Paranoid SURVIVE.

locodemy:


Oga intendy,I know why i asked the question.As we are doing our mushroom analysis here,there are just few people outside there that gives stock direction.Day before yesterday,i saw things with my eyes.Do you know that stock manipulations is not all about volumes/cash.Just #100,000 can drive up or push down a stock price.I cant talk much concerning fcmb.somebody is monitoring comments in this NSEMPA.He is a guest.

How stupid can one get? You haven't seen the results of FCMB and you want to compete in price fixing against people with a massive war chest that have seen the results?

SBG04:

How stupid can one get? You haven't seen the results of FCMB and you want to compete in price fixing against people with a massive war chest that have seen the results?

If it goes below 1.20 till the result is officially out,i will respect you.