₦airaland Forum

ty_ademolu:
@ Aktopgun

Well Ive been out of the market for a while now and thinking about making some purchases after selling ma firstbank and lasaco.

What do the candles say about Afribank and Diamond bank entry tomorrow.

I was reading the ABCtrans chart and saw that the RSI is gradually trending above the 70 line, would it still be safe to buy at this point?

Would anyone still recommend Japaul as a good entry now, I know PO buyers are going to be getting certificate soon, so does that mean It would be wise to wait it out.

I think an imminent breakout is in the offset with both Afribank and Diamond with all the rumours and FYE coming up.

Well, was jus waiting for your honest opinion.

Abeg I no say I don dey speak english since, make you help me with this shares eh

personally,
diamond - i would buy at yesterday or today's price. there's a lot of indecision in the market and it is currently in a trading range. Last week wed. or even monday this week would have been great days to buy it but its not bad currently.

afribank- please see my thoughts on this one to pumping one page back on this thread

ABC- 4-price dojis from last week but interestingly the volume has also been consistently DECLINING. that makes me think someone pumped out a lot of volume and is now slowly mopping it back up and the volume being sold is reducing but the price rising. i would be cautious on this one but thats me.

hope this helps

debenzd:
@Aktopgun, make una hunger 4 d crown. E no go work! Arsenal go collect am. This team is tight.

note to self: enter debenz in major blacklist, possibly for life!!

DREAM ON GIRL DREAM ON. its our title and we are keeping it. chei, rooney just missed one on one with keeper sha!

RoughCut:
And what also happened to Man disunited a few seasons ago when they were leading in the table and seemingly had the title in the bag but they crumbled at a very critical time and the rest is history!

Liverpool lost at Anfield last week to a team that's how many divisions below them? so Anfield ain't a  problem at all! Tottenham anytime them be boyz  compared 2 men as far as Arsenal is concerned and you know it!

We shall see. all it takes is a draw with chelsea or tottenham, a loss at old trafford and u guys will begin to shake in ur boots, even that one wey go add "r" to im name, forget sayim be nigerian! yeye boy. i mean that omo togo.    .

anyway, may no too far  

@debenz, ha! u sef don enter black book be dat. which boys we take play una, u want make i begin count man u boys wey no play that day?

come o, these lyon boys are mad o! dem no wan get respect, dem nearly score sha. anyway, na initial gra-gra.

RoughCut:
As i come see Topgun na im make i  dey confuse small.
He be like say you get too many candles for house so them no allow you  see road again.
If you go check the table well well you go see say the TopGunners dey top with 5 points and at this stage in the season where Man disunited go get the 5 points from?

And from past performance Man disunited they have never failed to disappoint me so i'm expecting more of the same

@roughcut,

i used to like u      . what is 5 points to the great ones? i see u are not a student of history. have u guys not led with 12 points in the not too distant past that we caught u and won the title? so 5 points aint no thang! u are comint to the thetre of dreams are u not? u are going to play tottenham and chelsea are u not? u are still going to anfield are u not? arsenal's season started crumbling from last week    .

we own the title man. join the winnig side, we may just allow u without considering ur pedigree    

RoughCut:
I just remember you be Gunner ke! Your candles talk anything regarding tonight's match with AC Milan?

ha!!!!!!!!!! u just commit harakiri!. me gunner abi wetin u call am? Me, AKTopgun, support those pretenders to the Man united throne? God no go allow. As i am writing now, i am sitting in front of the tv waiting for Man u to thrash lyon in france for that matter. U no see wetin we do them last week for the theatre of dreams? 4-0. sweet.
i hope ACmilan spell arsenal

RoughCut:
He is a shon of the shoil

I don't know why u'all are fretting fellas. Obama is the best thing to happen to U.S politics in a while. Even if he doesnt win, he's scored a great point for non-whites and blacks in particular. I know my sister will vote for obama or we will call family meeting for her one time    

clickdeoye:
Hello,

Great gurus. on this thread. Abeg oh . I get some neimeth,. What should my exit point be? Abeg before this bus travel too far make person come down before armed robbers enter the bus. Please what should my exit point be for neimeth and ABC transport. Also is UNIC Insurance a good buy. I entered it on monday and since then its been making loss everyday. Should i be patient or should i exit. Please Advice.


7 great gbosa for Sir Napolean, Pumping777, Fo2.


Clickdeoye

@deoye, if i may, U and u alone determine ur exit point. even if some of the share u bought are showing red on ur portfolio now doesnt mean it will remain that way as long as they are fundamentally sound companies. investing is a matter of time and u need to decide how much risk u can stomach. What do u want to achieve with each company u put ur hard earned money? is it long term, short or SIRO  . Why did i buy the stock? etc.

happy investing

@pumping, as u requested, hope it helps

@pumping

i'll get right on it

wow. u guys are not real u know. just caught up.

@upward. well done sir , on dansugar. here is what i think, its coming into buying range

lawalidowu:
CICO IS PRONOUNCED  C I C O ABI?

@fatherof2
i sold my 1st bank @ 54
sold evansmed yesterday

bought afribank, vitafoam and placed order for rtbriscoe

BABA! ANY OTHER TIPS?
ABI You WAN MAIL ME?

@pumping
This fidelity dey faze me o! less than 1% price change since i bought in septemeber. can u recommend any stock i can shift my fidelity money to? or u suggest i hold on to it.

@AKTOP_ABELA

what r d candles saying on fidelity.
i don dey vex for d stock. I go melt am o!

i am sure u didnt see my earlier post where i said from last week's small bull run fidelity had, its all change for them this week. Lets see how it closes today but the signs are not bad.

please reming me abeg, in case i forget. kinda busy this week

Please fellas, CAVEAT EMPTOR.

i am not a short term trader and i'm just learning this TA thing o. As i've said i no wan make person talk say na me make am lose money o    .
I buy shares and set targets based on info and analysis (fundamental and now some TA).  i do have shares in a long term portfolio which i am growing AND THERE ARE STILL COMPANIES I JUST WONT BUY REGARDLESS OF WHAT TA SUGGESTS

aktopgun:
@nkc

looks like dunlop is entering a trading range and may form support at this level.

@NKC,

personally, i would wait a little on dunlop for confirmation before i jump in

@omoba3

from ur chart on afribank, its within a tight trading range between N26 and N27 naira and has been so since mid january. this news about a good result will help. the Macd is trading above its trigger line and the histogram is positive.

there price isnt currently trending ad u can see from the ADX, the fast and slow stochastics are above their triger lines as well. It might be a good tome to buy. lets wait and see what today brings but i suspect there's only one direction the prices will go in th enear future. Maiduguri.
CAVEAT EMPTOR

frankiriri:
The beauty of a thread like this is the diversity of opinion and tools available for decision making. Personally I don't place much value on candle talk. but for die hard short termers it is an invaluable tool. Me, I don't trust the charts. The charts for transcorp up until the day of the reversal would have given no indication of the possibilty of such fundamental happenings. That said I believe that everyone is welcome to contribute what he has to the development of this thread. Whoever is not comfortable with a particular method can just ignore any mention of it. I actually skip a lot of the information on this thread. I take what I can use and leave the rest. That I don't like amala does not mean they should not sell it in my favourite restauarant.

@frankiriri

well said bro. whilst i'm not holding brief for candlestick analysis, i don't expect anyone to make decisions blindly at all. Regardless of what the candles say or said. i woudnt not have bought Transcorp for all the Harami in japan!
that said though, the candles did predict the upturn in transcorp after a sustained bear run. Please observe below the chart. just this once

texas543:
I was MIA for a few weeks and found out the whole house has been talking japanese candle.  Have you all found out how to spell your name in japanese?

A - ka B -  tu C - mi D - te E - ku
F - lu G - ji H - ri I - ki J - zu
K - me L - ta M - rin N - to O -mo
P - no Q - ke R - shi S - ari T -chi
You - do V - ru W -mei X - na Y - fu
Z - zi

You can't learn candle without knowing how to spell your name  


Wanajo - meikatokazumo

Yodiyokun - fumotekifumomedoto 

aktopgun - kamechimonojito

roughcut - shimodojirimidochi

pumping777 - nodorinnokitoji777

Whats your name in japanese?  

the name sweet gan. the only thing be say i like the sound of my nigerian name better. besides i no be ninja and i no fit use samurai sword. abi mr miyagi (aka pumping777 )?

Mr. Risky:
AKT, I must confess, you have become wiser than even your CANDLES.  Of all the answers and grammar to my puzzle, this is simply the AWARD WINNING ONE.  

There is no better answer.  Evans Medical price is on DRUGS.  NDLEA wey una

Last week somebody advised me to position myself for short term, I took a look at him, asked myself within "Does this one know about candles"  And yet he was right, I would have been smiling, though, dangerously now.  Because the thrust behind its price movement is as mysterious as celestial candlelight

I personally wouldnt buy it now. it seems to be leveling off at the moment

oshkosh:
This NSE sef.

Abi na Transcorp dey mop up their own shares to position themsef?
That Evans medical I no to understand wetin come dey drive the price.

THE STOCK IS ON DRUGS

Mr. Risky:
Any company that records a huge loss now is my target.  Look at Cutix, it has made close to 100% after a woeful result, Look at Evans medical, it has recorded over 90% after a gangantuan loss.  Look at Transcorp, no result, but it is even on BID during TS, and many others.  Then see Diamond bank with good result, na push and start, First bank, push and start, UBA na push and no start sef.   NSEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Understand that even though a fundamentally good company announces a not so good result, it may not be all that bad as long as the company itself hasnt changed. it just had a bad quarter or year. now u also have to ask why? it could be that business is normally slow at that time of year or it could be( more dangerously), that thier market is shrinking.

In the case of the big boys u mentioned ie fbn and co, u know their time will surely come. it takes a lot to move their prices and one reason is thta they are nominally thought to be high already

@hbrednic

no candles for cutix, just fundamentals.

Na so i analyse CIleasing with easi and i come let analysis paralysis kill me. I for dey on that plane too now. Well i guess u cant win them all. says who?    . i sure will give it a go!

@nkc

looks like dunlop is entering a trading range and may form support at this level.

wanaj0:
This are the people destroying our economy. How can you be charging £ on NAIRAland

@wanajo . its a problem when a person starts blaming other people for a problem they caused for themselves. its called transference . if the man wants my help he will have to come to me and pay in the currency used where i live, abi. na person wey dey find something dey look for am

@nkc, which kain yanga i dey do? i just dey add my small quota for this thread u know. . the new addition is that i now technically analyse fundamental stocks

@talktrue, bro, u talk true for that one, u ARE in the wrong profession . Only kidding

Talktrue:
This thread is highly addictive.

My productivity assesment is on the decline, I'm only on top by bullshitting my way through job reviews.

At home, they've thrown in the towels on my addiction.

AKTopgun, I need professional help.

My refresh button is worn out because of this thread.

I can go on with ma list, but the fact remain I ned help.

i bet ur bank balance doesnt need help though.

if u still need my help i'll charge u the nairaland rate: £100/hour. minimum 16 sessions per treatment schedule

@pumping

roughcut and i looked at Cutix late last year and based on the analysis at the time i recommended he buy it. all the analysis was done on here. he had some reservations at the time but went ahead with it and the rest is history.

based on the analysis then it had just done a split and was marked down for it. it was at about N25 when the stock slit occured, cant remeber the ratio by heart right now but the price came down to about 11 or so. From the fundamental analysis based on nformation available at the time they are a solid company and looking to continue doing well.
roughcut and i both got in (i got in at 13.50). i see the price steadily climbing to its pre-split price. donthave easi's sheet at hand so cant give u figures on the fundamentals but will check when i get home

@roughcut

omo u dey see cutix?

Mr. Risky:
AKT, can you still remember my question yesterday?   I had asked "WHAT DID YOUR CANDLE TELL ABOUT TRANSCORP",  I sounded crazy, but today you can see it is BULLISH   Truly, apart from the money I make on the NSE, its UNPREDICTABILITY is a great fun, a panacea for MAJOR DEPRESSION!!!!!!!  I recommend you prescribe it to your patients.  Who knows?

@risky
.na real wa o. well sha. u know thre's no charting for companies on TS now.

first bank looking even more attractive now. dropped again today. oh happy days are here again

Ola007:
Where are you guys viewing the market?

www.nigerianstockexchange.com bro

the market closed with Transcorp having the highest volume of transactions sold today    .
who are the fellas buying and why pray tell? which kind of risk appetite is that? this is more like risky appetite o. (@risky, no pun intended man  )

I see we still have some transcorp diehards.  . wishful thinking u think?    

as its already been said, too so much needs to be changed for transcorps bones to rise again. i hope for my fellas it does change but as i said over the weekend, i work too hard for my money to have it entangled in the politics of the big (yeah right) boys in naija.

@roughcut

i did investigate it and i liked what i saw. its done me well so far but i had to wait a few months with wifey threatening to stop giving me food    , cuz it was a constant red for a while on our portfolio but now she's loving it too, its just for a few others that i'm being starved now