₦airaland Forum

fxuser:
FBNH
- nice chart share
- its forming a pennant (continuation pattern .. chk UBA , Access prev weeks , us hud be able to spot them)
- investors have to settle to the new price range
- after an such explosive move , u wud see ''FLAGS & ''Pennants''
- investors are still racking their heads at '' WTF just happened'' before acceptance and continuation
- Check GT chart also , u wud see similar Pennant pattern forming (also called symmetrical triangle)

Nice one


Dis :
I'm looking to avg up, before 2 wave. Stocks remains above 50dma & 200dma

bestidafa:
Pls can someone explain this.
Fcmb: current price....... 1.42
Resistance...........1.30
Support.................0.92

I see 'resistance' and 'support' are used here from time to time

Cadillac15:
Be vigilant and always re-evaluate your basket's strength at all times. Once it shows signs of weakness, change it.

I have my entry price, exit price, acceptable maximum loss and stay duration always spelt out before i enter any trade.

veecovee:
its dangerous...ask history

stcool:
Exactly, most stocks opened with 5% gain before returning to Fridays close...some retraces abound but uptrend still in play.

Cadillac15:
It might. But i will enter the stock in September. Have my personal reasons.

stcool:
5.21
69.79
299.99

stcool:
Dan flour -5.20
Forte - 64.50
Mobil - 299.99

stcool:
Dan flour -5.20
Forte - 64.50
Mobil - 299.99

stcool:
If you are waitng for FO at N25 then give it another 5 Years, at least not everyone must have FO shares for now. You are looking at a company that is looking for more opportunities including acquisitions in the downstream sector. Bro, this is notit O&O.

What you should be asking is @ what price would they raise money from the market. For me N120 comes to mind.

agisky1975:
can't open it, but wats the implication please

PharmAlfred:
For me , the following stocks should be a hold for those that already have then; Diamond, Conoil, Transcorp , Dangflour,FCMB, FO, etc. If you sell now, I can't guarantee at what rate you will get them again.


This is my personal opinion . Always do your DD

Cadillac15:
Dufil=Indomie=Dangote Flour

fxuser:
New week
- looking forward to the 3 penny banks !
- all 3 closed above 1.40 wt decent volume
- i like d price breakout here !

safepaulooo:
My very same experience with FBNH. Patience is key

Cadillac15:
Morgan is back online.

But account overview is not updated.

Half bread

fxuser:
Offensive & Defensive Tips

- Your entry signals are your offense
- Your trailing stops for winning trades are your defense for not losing your open profits.
- Letting a winner run is your offense, cutting your loser short is your defense.
- Buying a monster stock is an offensive move, planning on how you will exit with your profits is your defensive move.
- Identifying a trend is your offensive play while creating a trading plan on how to trade it is your defensive play.
- Your choice on what to trade is playing offense, choosing your position size is playing defense.
- Your watch list is playing offense choosing how much capital to risk on any one trade is playing defense.

In trading your wins are not permanent and your profits can be taken back, when you score you have to next ensure that you are not scored on. The goal of keeping your hard earned profits has to be far above the desire for making quick money with big risks.

link
http://www.newtraderu.com/2016/04/07/offensive-defensive-trading/

#NoteToSelf

fxuser:
'' 2. When you catch a Trend, ride it to the end.

Your system must be able to jump on a trending market, but then also be able to ride that trend to the end. Most new traders will jump out of trades before they are finished trending because they are scared the market has gone too far and will take back their paper profits. Let a trailing stop take you out of a trade when the trend is over, and only exit once you are stopped out.

The trend is your friend except at the end where it bends. -Ed Seykota ''

#Like

fxuser:
pays to be aggressive & defensive in this bullish mkt !

#Don'tDull

ihedioramma:
Are you looking at them why others are making the money ?

oseodile:
Thanks..am looking at Danflour, oando, ubn, fbnh and fidelity

oseodile:
Thanks for the info...so what stock do you recommend?

oseodile:
Thanks for the info...so what stock do you recommend?

oseodile:
Good evening to all the gurus in the house. Can sterling bank hit #2? I need ur sincere advise.

PETERiCHY:
Somehow it shows it's mostly Morgan's capital clients that now controls the market,

if in doubt wait let them open the floodgate 2moro come and see mass exodus

Cadillac15:
Please dont come to dang flour yet. Tried increasing my holdings yesterday, but pple like u made it impossible at mu price. Wait till Monday.

willyvicky2000:
Oga, what is the news around Dangoteflour, is there any insider in the house?