₦airaland Forum

mindpresh:
DD moved it from 1.9 to $4..... after that nah full speed pumping !

What DD would move the shares of a company that was days away from filing for bankruptcy by almost 300%

MackyNaija:
I don't give suggestions because I don't do single stock trading. Everyone is trading at their own risks but people need to understand what is currently happening with the GME stock.

It's short interest is currently at 138%, AMC at 68% and redditors no wan gree for this squeeze instead they are trying to squeeze those hedge funds shorting the stocks.

I am involved in the market by virtue of my Long-term 401k and Roth Ira.
I Quit single stocks and crypto, I currently don't wanna play with Short-term risks.

But that's the issue. For how long are they willing to hold?

MackyNaija:
Very high risk but at this moment, there is a movement surrounding these stocks.

Prices not falling 'soon' from my assessment, this isn't a "regular" pump.

So are u suggesting people would hold GME they same way they would hold APPL or TSLA?

To those going balls deep, hope you've got parachutes

silaxx:
trading212 just Bleep me up

Many brokers arw down today. Dont know why

DextrousDavid:
Lolz easy o. Is there any whatsapp or telegram group I could also join?

Nah. I'm not in any

Leggitsam:
Analysts are drumming for the next big gongs in equity market. It is being proposed and speculated that the next big thing after the collapse of Faang stocks (Facebook, Amazon, Apple, Netflix and Google/Alphabet) are to be replaced by ‘Beach’ stocks (bookings, entertainment, airlines, cruise/casino and hotels) – a catchy acronym to show that a new trend is starting.
Don't be left out.
Booking
Entertainment
Airlines
Cruise/Casino
Hotels
Are the stocks worthy of consideration.

I beg to differ. These sectors are only mometum plays good for the short-term because of tye vaccine. When fundamentals kick in, they would not be as attractive. Most companies in the travel and entertainment sector are heavily indebted.

DextrousDavid:
Bros I hail o. All this grammar, me na noob o. I really want to learn more sha

You wey be chairman

jedisco:
Also, to add yesterday's candle wasn't a nice one... Typical reversal pattern after a rejection from 35k. Seems we're stuck between 30 and 35k and looking for which one would give way first... Let see how it resolves

Yeah. Trading in that range for the last 3 weeks. Just hope it doesnt break the 30k mark else it may go to 24k. Dont think it would get to 20k though. But there is still significant upside to the King. Institutional investors are pouring in. Digital banks cropping up (SEC just approves one) while there are filings for bitcoin ETF. Perhaps Wall Street is trying to game the retailers. Nice analysis though

RabbiDoracle:
I will not hang around here for so long. I'm just a messenger passing my message so that foreign equity investors will not lose money.

Developed markets will fall, others will follow due to contagion effect. Ultimately, emerging markets will re-emerge.

The same thing you said in September

theFilmtric:
it seems these “musicians” get inspiration from Yahoo
I heard a song by the two of them about cash app
That song is literally a Textbook/manual for upcoming Yahoo boys
from A to Z

theFilmtricsay

Theyvare Yahoo boys trying to "clean" themselves with music

aliadi2:
What's the meaning of MACD and RSI and can we use it to know resistance and support.

They are technical tools used in charting. You can Google them. In establishing support and resistance you can look out for double/triple bottoms and tops on a price trading range within a time frame. For more clarity, you can go to investopeadia. They have lots of articles on this.

Tumbulum:
Just disgraced himself. With all his money he ended up with a lowlife bitchie ass ghetto black american woman.

I expected more from him but he just disappointed me

Na that one dey pain me. Him no see high networth chics to chase?

jedisco:
Typically, I dont share charts but I'd share this time.
People draw and interpret then in different ways but once one works for you, stick to it...

One of the reasons I wasn't as perturbed with this drop was when I looked at my chart.

These charts extend back to the March crash. It exited that channel thru the top, got into another, exited it and is currently testing the top of that channel as support.
The pattern on link and eith is fascinating. They seem to have a certain relationship with betece.

There are two charts there, one is the daily chart (second) and the other a 4hrly chart (1st and 3rd pix). The 4hrly chart is to zoom in and see how price action works.

For those looking at learning to chart, take note of two things there

1. On the 4hrly chart, look at that candle that crossed the trendline. It's whats called a hammer or dragonfly doji. When you see that printed at a strong support, then you can relax... It signifies a trend reversal and that buyers are significantly present. The opposite is called a gravestone doji. You see that printed at resistance, take your money and run.

2. Second one also on the 4hrly chart is what just printed... it's called a double bottom. To me, it's one of the most powerful patterns in trading. You see it when a tend reverse and usually confirms an area as support. The opposite is a double top.

It's worth checking these up online and observing them in charts. Also worth looking at 'head and shoulder' pattern.

Also note that the higher the time the pattern is printed, tge more stronger it is. I.e a hammer on a daily chart would supercede an opposing pattern on a 4hrly chart...


Now to projections; in trading nothing is certain, but as a trader, you have to plan your trade and trade your plan. The reason I didn't post this earlier was cos I wanted the daily candle (which also ends the monthly candle) to print. The next major resistance is the 35k level and to a lesser extent the 38k level. If we take these, then we should move out of this range. Exiting this range (i.e 41k) and confirming it as support could easily see us get to 60-70k. Sounds crazy right?

With the way eith is going, you can imagine what it'd do if that scenario plays out. That's why I'm excited on it.

It's always worth considering the opposite argument. The bearish scenario would be a heavy rejection and failure to take any of those resistances I mentioned. That may see us go down. Loosing this trendline would spell danger. I pray that doesn't play out

Bros. On the weekly and daily charts (for BTC) we are having lower lows. Also MACD is showing increase sellers . RSI is over bought zones. All this are indicative of a downward slide.

The only thing that can push BTC past the 40k mark (in the ahort tetm) would be stimulus cheques. But if you are taking a year long view, BTC would perform very well. But now is the rime to take some profit and wait on the sidelines.

Investogist:
Cryptocurrency is set to be featured in two separate programmes of the World Economic Forum (WEF) Davos Agenda on Monday 25 January and Thursday 28 January 2021 as the crypto assets continue to gain public awareness.

The sessions are associated with the following projects and initiatives of the World Economic Forum: Digital Currency Governance Consortium, and Reimagining Regulation: Pathways to Digital Currency.


Read full article at https://investogist.com/cryptocurrency-makes-world-economic-forums-davos-agenda/

Finally the global financial institution is waking up to cryptocurrencies. They should have remained in the dark na

Farukshy:
So u mean ACF are joker's no wahala, we have ur ppl over the north

Coward. Only to attach unarmed civilians and hide between Tiv and middle belt soldiers una sabi. Come SE/SS try this nonesence, you would know whats up.

Damseldammie:
All these happenstance is even enough for all Yoruba leaders, both the obas, political leaders, the afeniferes, councils of the elders & the likes to stand on their toes....

I hail you joor, bro Sunday. You’re so brave, valour and a legitimate son of the soul

I commend your bravery

Dont mind the bloody cowards. Na to threaten Igbo traders dem sabi

darocha1:
I am with kankanfo on this.

South West leaders need to be careful in handling the issues on ground. If it degenerate into a war, even if yoruba overpower the fulani, we will still be the looses.
The hazard created in Lagos during #EndSars will be a child's play when projected with likely end game .

A little hot... A little cold is (majamasa) where you know akinkanju.


Our silly politicians need to put party and future aspirations aside and condemn this act with one roaring voice.


It is only an existing state you can rule. I hope our obas & those in seat of power know this

Typical subservient mentality displayed by someone who is afraid to take charge of his fate. Dem call una to fight civil war, una run. Now marauders are ravaging your ancestral land and you are still talking diplomacy. So if someone attacks your wife and children you would be calling for negotiations. When would you guys grow balls and stop running.

The $30k is cheap. Baba just wan teach the girl small lesson. He should be suing her for $1m

jlinkd78:
Noted. This will further expose Dangote to more ridicules. Most of us thought it was Photoshop and trumped-up charge until now. Dangote can never win this rofo rofo battle with a woman whom he doesn't know yet her litany of blackmailing dossier. They did it to Samson they are now on Dangote. Fear women. With this level of poor judgement by d supposed richest man in Africa, something is terribly doubtful with his entrepreneural prowess. I now believe that under very fair competitive business climate this man can't be Nigeria's richest but d skewed policies by every Govt in power to favor him vis-a-vis d monopolistic reign for everything he is interested in has sustained this unmerited narrative.

Your post is motivated by your dislike for Dangote. He has every right to sue the hoe

MaziHarri:
Please if you have any strategy/parameters, please share. I really need to know how to source for stocks

Its not an easy question because there are many things to consider. One man's stock may be another mans poison.

What is your investime horizon? What is your risk appetite?

If you are long term: macroeconomy (renewable energy), givernment policies (cannabis, online gambling), balance sheet (FAANG), quartely reports (Peloton), society needs (microchips),
guidance, P/E ratio, debt equity ratio,

If you are short term, then you would use technical tools (RSI, MACD, SMA or Fibonacci) or gauge market sentiment.

You may also want to speculate as in bet on the future possibilities of the comoany eg Tesla, Plug .
Stay updated with the news but also fall in love with tickers and do your own research. Choose a sector you like and try and read about the less popular comoanies in that sector that the market may not have noticed. e.g if you like fintech, even though the market knows sauqre and paypal, look into companies such as fiserv. If you like renewables look into compnies like GE.

Try to look for rekated industries too. For example if you like EVs, then you may want to look into battery storage companies.

Above all, try and read as much as you can.

UncleKoboko:
If you like, write in capital Spanish, OSU pigs won't have anything on we Yorubas.
We are not chest beaters.
We don't have flat heads
We are not wailing wailers.


Kiss the truth!

But yet the Brutish beat una silly with una juju and you absconded in the face of civil war. Even una Jagaban and Oba run for endsars. You are just a noise maker. Good morning to you people.

Phraences:
In this life you need money to make better money. Imagine a stock doing 100% and you only have $50 in that stock. Joy and sadness at the same time.

Why dont you ask for startegies/parameters/metrics he uses to select stocks so that you can improve on your own?

comshots:
The worrisome part is that their partners in crime will be putting the blame on the victim for wanting to buy a costly item for a cheaper price as if the buyer and seller didn't bargain on the price before a final agreement was reached.

That's naija mentality for you.

aryzgreat:
You for hold that Ife and get him arrested, then he can lead you to the evil woman. Ife is aware of this SCAM plan.

You are really lucky cos anyone could have fall for this.

Let me go and tag the woman's number as fraudster on Truecaller

Lesson learnt.

Which Ife? Cant yiu see the woman wantes ti jam their heada together? Thats how yiunpeople would send innocent people to jail

veecovee:
Is he also the owner of peace air?

No. Different people

Leezah:
How you do know?

He has opened this thread. Shares nuggets of his knowledge regularly and willingly makes recommendations. What more mentorship do u want?

Nuttella:
Okay now let me shock you, for every church, a witch or witches are assigned to the church to pull the church down, same with occullt men and women. You dont know what us going in. The devil is very tricky.

Witches and occultic people go to churches too, they go to crusades too to destroy the crusade.

Evwn if the witches dont go to churches and crusades, please tell me what churches have done for us as a country

yazga:
— Digital currency will replace the U.S. dollar as the dominant currency
— Electric vehicles will eliminate ICE
— Marijuana will replace alcohol and tobacco as the recreational drug of choice
— Space travel will become the new logistics platform
— Space tourism will displace beach vacations
— Home sharing will replace the hotel industry
— Autonomous driving will replace human drivers
— Plant-based meat will replace animal meat
— Food delivery will fundamentally alter consumption patterns
— Gyms, calisthenics, and merely going for a jog will be replaced by digital workout platforms
— Video conferencing will replace in-person meetings
The world is evolving.
If you wait, you waste.

Abeg remove home sharing from that list. A lot of people would travel this summer (depending on the scale of vaccination) and hit their local gyms.

Leezah:
23yrs!!! you are suppose to mentor people here ooo

Lol. Him no dey mentor people?

thebargainhunte:
Anyway, I don't see oil phasing out too soon. But surely, green energy is the future. In 19th century, we saw how coal was replaced with oil. In this century, there might be a shift too.

Saudi Arabia is planning to export hydrogen soon. The oil phase out is already here