sibbo:

Ticker please

Coolcash1:


Obviously, Citron is looking for opportunity to enter hence the terrible price target. Although I am a day trader but do swing trade some good stocks for maximum RR like $NIO. This made me do some research about the company and the fundamentals look pretty solid. Thus, I do not see their ER falling short of market expectation rather the opposite which if this is the case the journey to $70 price target by December has just started.

Even hedge funds and institutional investors are either taking or increasing their position an indication of positive market sentiment in the stock. For instance, ExodusPointCapital Management Ltd, Allianz Asset Management etc increased their ownership stake in the stock.

Nevertheless, we allow mr market do its thing.

Enough said.

TraDeRR:


When will NSE repent? This bull no even reach December

ChybuzzDD:


Even with Citron's negative campaign and prediction of a downtrend to $25?

If the ER on Tuesday fails to push it up again, then Citron may eventually win.

Coolcash1:


Get ready to RUN!

When it rains it pours.

Coolcash1:


Daily chart looks bullish. $NIO target price is $70 by December and long term price of $150 within the next 12months.

Any price between $39 and $43 is good.

Kelvinhunta:
Thanks for the advice... I guess I will just open the account and wait till market improves. I have been trading previously with pinefields but the moved out of my location and I don't know how to locate them again, their phone number not going through again

InaNla:


The train of NIO still on high speed. What do you think, disembarked or continue the ride?

InaNla:
NIO now going $50....


Amazingly I first bought it when I got the info here at below $15. I have transited severally thou...

Patience is really required in this trade.


After several Small small stocks addition, I sold and took small profit. Chai!

Coolcash1:
Get ready to RUN!

When it rains it pours.

Rutherford2019:


Boss is NIO good to trade at it's current price?

Coolcash1:
I like the divergent views on market direction from you guys. A good investor or trader does not only incline himself to listening to only good or bullish news but a mix of bad and good news to succeed.

I will not discard RabbidOracle’s post as wild claim as suggested nor also brush aside that of BBM and other members’ bullish about the market as well. This kind of posts should be encouraged on this forum as it will help members to re-evaluate their position, follow and monitor market events keenly and re-strategize.

Considering the projection of most experts about second wave of covid, unending trade war between China and the US, uphill tension around US elections and deferment of economic bail out by House to December, the impact of these variables will definitely be felt by the market.

My advice will be cautious entry for investors but for traders adopt twin approach of long and short strategy depending on the trend to stay profitable.

Happy investing.

currentprice:


My badest boss coolcash, see the strategy u take know mercy real name and where she stay at last

Cc Agba

Mcy56:

I wish to say a big thank you to Coolcash for his thoughtfulness and for fulfilling his words.
The book, How To Day Trade for a Living received.
Thanks so much bros.
God bless you and replenish your purse by His mercies IJN.

Priceless25:
To anyone new here.. I warn you never use or depend on chaka to trade international stocks especially if you're to monitor and know when to sell, someone here recommended trading 212 but I chose chaka instead, today, I lost $1000, shares I bought at $0.28 (JE). When the stock hit $1000 value, wanted to sell, that was when the app crashed, it refused to function, I went to the web as the value started dropping quickly and still couldn't sell because the glitch was on their website too, when I was able to get through, my share value had dropped to $17. God knows how I feel right now.

Mcy56:

You're right but that technical aspect used to look like jargons to me.
I tried learning but it's just not sinking.
Why don't you alert the house about the support anyway?

lafuria1:
The thread is dry.


Let me share my experience on a particular stock that really frustrated me for 2 month plus. Just for humour.

Cheers.

RabbiDoracle:
You guys on longs should exit all. Don't leave any position open. You will suffer an almost 90% capital loss if your account isn't wiped out.

I issued this warning on NSEMPA around 28th August 2020 and later followed up with date similar event occurred on 1929:

Just to add my 2 cents. Goodluck guys.

Jotrade:
A 10% loss requires a 11% gain to get back to even
A 20% loss requires a 25% gain to get back to even
A 50% loss requires a 100% gain to get back to even
A 90% loss requires a 900% gain to get back to even

Huge gains aren't easy & big losses destroy capital: Avoid big losses! Patient ooo

Olalekank:
Haven’t really seen Amazon mentioned a lot here

The price just keeps shooting up

rentAcock:
I plan to sell my father's land, liquidate my savings account, take out a loan against my father's house and use my tuition money to buy tesla. I have done my research and I strongly believe tesla will go back to $2500 by Chrismas time. If I can raise N5 million and invest it all in tesla, I should have N25 million by Christmas. I'm about to become the richest person in my family and its all thanks to you people here.

Willie2015:


Dont know the attraction in Guiness..