₦airaland Forum

Aquilapriscilla:
Thank you for the advice Sir.

Please who here is into crypto? I want to buy ripples and keep for long term. Is this a good move?

many things better than xrp !
BUt nothing wrong in keeping some esp with the global partnerships
however u wud have to find the right board
this is Nigeria Stocks and Investment sir

PETERiCHY:
Heavy CROSS DEAL going on in MTN

BARGAIN HUNTERS TAKE NOTE!

nbst d fundamental choice of deep pocket
gradually climbing up the $nge board too

Mcy56:
Wapco ....

full engulfing u turn.
d mop squad will be holding d sharing activity tomorrow at 10am lol
pre mkt activities have helped in entries and exits before conductor close door
dis NSE ehn

Mcy56:
GTB arrived KM 22.
Zee lifting body small small.

Think this has to do with the expectation of interim dividend.

Fidelity: 31M bids vs. 4.8M offers
FCMB: did 1.81 already....

UBA, Fbnh, Access.....lifting body small small

wen day low > prev day close = momentum shift

fxuser:
FBN
- prev RR flips to possible support, dis N5.00 levels

General Mkt

Issues
- recent highs remain below yr highs , thats a technical downtrend continuation
- so if we dont break above in weeks to come this is not good


- keep ur plays short term , rallies get exhausted
- things may either consolidate longer or find its way to previous lows
(lol i know some people here no go mind dat one lol)

if ur in the crypto space , many alts look very very good , take advantage as well

#bless

Coolcash1:
Learning TA starts from the mind. I had to charge myself up mentally to learn it because i needed that flexibility to swerve seamlessly from being an investor to a swing trader and vice versa. This I say i do now effortlessly. Thanks to likes of @rabbidoracle, @currentprice @fxuser @agba and @bbm for the encouragement though.

My dear, you can just go on You Tube to search for videos on Stock Technical Analysis for Beginners . Get a notebook and dedicate at least 30 minutes every other day (though preferably daily) to learn it. Whatever you learn, pause before opening another video and try to internalize it. It sinks best when you now try to put what you have learnt to practice. I will recommend investing.com to you where you can get charts to practice.

If you are committed doing this, honestly you are on your way to being an intermediate trader and then a professional trader if you so wish. The good thing about TA that i have discovered is you get better the more you practice.

Mind you, i am not saying me too i am a guru but i have mastered the fundamental principles of using charts to predict stock movement by knowing when and where to buy (strong support) or sell (resistance), false breakouts, oversold, overbought, pull backs, AOV amongst others.

On the bold part, I apologize for not doing so. But its noted going forward.

Enough said.

More green to your portfolio...

Nice one sir
I'm remain a student too
I realise many things cant be thought fully but can only be experienced and through the journey we get better understanding
The tough part is to empty the mind of all bias and see things as they are . this takes time too
the journey changes you indeed
nice one

fxuser:
FBN
- prev RR flips to possible support, dis N5.00 levels

UBA
- not a bad place to be wrong

dis
buying here too

DeRuggedProf:

Prof's screensaver

fxuser:
FBN
- prev RR flips to possible support, dis N5.00 levels

um
- make e do like zenith, dat break below N16 support and flip back lollxx , deriz a TA name for it

fxuser:
weekly close abv 16.20 desired technically

FBN
- prev RR flips to possible support, dis N5.00 levels

This:

'' never be in a hurry; do everything quietly and in a clam spirit.
Do not lose your inner peace for anything whatsoever, even if
you whole world seems upset. '' - Francis de Sales


FF: TradingComposur

#TuesdayThots

Earnings

- do they drop dis friday ??

fxuser:
- strong after testing below n15 on friday ff higher weekly opening .
- not bad

weekly close abv 16.20 desired technically

fxuser:
- very strong defence below n15
- more liquidity
- will buy here and see
- buy where liquidity de

but stop: 14.80

- strong after testing below n15 on friday ff higher weekly opening .
- not bad

locodemy:
It's obvious zenith and Gtb will trade below 12 and 18 this year, probably during bonanza which is not now.

Just enjoy the best opportunity to ride on the bull now.

bearish wahala !

fxuser:
Update Zenith
Weekly chart
- time for one last one
- note the similarities to GTB , can also be applied to others as well
- u do the TA , thots ?
- will N16 hold??

- very strong defence below n15
- more liquidity
- will buy here and see
- buy where liquidity de

but stop: 14.80

fxuser:
Dont let your profits turn to losses ohhh



#TGIF

prices are looking freaky freaky

#oooiiin

fxuser:
clear support

yet to weeks after its highest weekly close at 23.50 (yr highs i think) , its continues to pull back , let it find support !

Dont let your profits turn to losses ohhh



#TGIF

PETERiCHY:
BLAKELEY LLP a core INVESTOR in UACN

Sold 10m units on April 24th 2020
Sold 10m units on May 11th 2020
Sold 15m units on May 12th 2020
Sold 28m units on May 15rh 2020
Sold 40m units on June 17th 2020

Making it a total of 103million units of UACN BLAKELEY LLP sold within the last 3months at an average price of N6.60k.

BARGAIN HUNTERS TAKE NOTE!

- willing seller met a more willing buyer ! loll
(last week close = bullish close with higher weekly opening shows dominant bias )

DeRuggedProf:
It's well...

loll village pipu get assoc ??

Justcul:
@Emmanuelewumi, please can you shine light on Flourmill fundamentally? i will greatly appreciate it sir.
@Fxuser, what do you think is the best entry point in Flourmill based on Technical? Thanks

clear support

yet to weeks after its highest weekly close at 23.50 (yr highs i think) , its continues to pull back , let it find support !

plenty new monikers ! !
welcome people !

fxuser:
Update Zenith
Weekly chart
- time for one last one
- note the similarities to GTB , can also be applied to others as well
- u do the TA , thots ?
- will N16 hold??

umm
weekly inside bar !
but d LTF is nt bad just like d yield too ! abi?
l8ers

fxuser:
last example
weekly chart (daily shared prev)

- after 10 weeks upside , its okay to expect some selling
- prev week shooting star ff by lower closure , still some bears in d game
- let price finds its level , leave ur bias
- long term dividend holders can get another chance to mop

Update Zenith
Weekly chart
- time for one last one
- note the similarities to GTB , can also be applied to others as well
- u do the TA , thots ?
- will N16 hold??

fxuser:
wat i mean !
(https://commodity.com/technical-analysis/shooting-star/)
- expect some pull back
- watch for rejection wicks
- similar for FUGAZ

GTB Update
Weekly TA example
- quick look at the weekly chart dis am , think more pull back to come
- noted the rejection weeks before
- price is now below last 4 weeks closure (called a brk down)
( Ex: last 4 week closes are 23.75 , 24 , 23.90, 24 . . . u can tell there is a resistance)
- u really dont want to buy resistance even if u're long term builder
- weekly charts puts trends in perspective, daily can be tooo noisy (chk dem out)

hav a good weekend

fxuser:
last example
weekly chart (daily shared prev)

- after 10 weeks upside , its okay to expect some selling
- prev week shooting star ff by lower closure , still some bears in d game
- let price finds its level , leave ur bias
- long term dividend holders can get another chance to mop

th

update (Example ohhh )
Using LTF chart
- previous resistance can acts as support (see UBA / FBN also)
- once price closes abv prev wk close even better
just examplee oooo

fxuser:
update
- watch for support , no go sell support ohh lollx

Reminder
- its okay to buy support
- the cost of been wrong is lower
- dont let kobo kobo get in the way lollx
- FUGAZ pull back on low vol to prev resistance (flips to SS) looks okay

Dis
add zen

1kinggy:
Casualties will be highly. US stock thread and other stocks platforms were buzzing in the last couple of days.

The FOMO was at a fever level.

plenty retail traders tasting FOMO pepper lollx , good for RobinHood

fxuser:
wat i mean !
(https://commodity.com/technical-analysis/shooting-star/)
- expect some pull back
- watch for rejection wicks
- similar for FUGAZ

update
- watch for support , no go sell support ohh lollx

fxuser:
GSK
- just seeing this chart , chaiiii so you people having been chopping serz gains here !
- practically closing every week higher for the past 10 weeks ! !
- umm will be watching the LTF

#watchlist

GSK
- decent move off its 52 week Low of N3.45 , d dividend is a distraction

stcool:
This your charts won't work...you are telling me FCMB will come down to 0.76 or 0.96

Please put a time frame...not that people would make all the profit in the market and then if in 2021/2022 something happens and price falls you come out and say I told you so.

But all this your analysis for Zenith back to N11 or FCMB @0.96 will not wok in 2020 again.

See the way fxuser describes his chart... Don't come and be giving us imaginary price.

Put a time frame or rest abeg!

'' then if in 2021/2022 something happens and price falls you come out and say I told you so. ''
hehehehehe

fxuser:
interesting . .

weekly chart (takes out the noise)
i get the symmetrical view , lets consider a descending pattern , similar to fidelity

- price finds support at base level , its held from 2018 to date
- but every bounce of it fails to go far, wh forms a descending slope
- will discuss this another time