₦airaland Forum

PETERiCHY:
This time around you MISFIRED .

UACN successfully raised N16.4billion via right issue at N16 per share which was just enlisted in March 2018.

With the latest UNBUNDLING of UACN ,UPDC and REITS. there are more VALUE to UNLOCK come APRIL 2020.

For instance if you have 1million units of UACN you will be ENTILLED to roughly 600k units of UPDC and roughly 300kunits of REITS.

At this stage UACN doesn't fit in as a JIJO STOCK but a STOCK but a stock that will give HUGE CAPITAL APPRECIATION cum DIVIDENDS.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

https://investadvocate.com.ng/2018/03/07/uacn-lists-960-4m-rights-shares/

very bullish order flow

RabbiDoracle:
When bull comes, people don't usually believe it. They watch if it is a bull trap until price gets so high and people will start to chase it. They price so high in the process.

It is going slow and steady now. Soon it will pick up.
Let's see how December goes.
With most stocks (charts) turned upwards and staying above the kumo, it is a good sign.
Banks have all gone above the kumo on the daily. The weekly is gradually being cleared by some banks.
We will keep watching the strength of the bull.

we stay firm above the cloud
some golden crosses also (bullish)
shallow pull backs on low volume in bullish favour
prices rejecting weekly lows
all looking set into dec week 1 leg

BAMOFIN1:
Dear fxuser is there a free website to follow what is happening at pre market? Thanks.

if u use morgan

Click Market (beside Orders)
- U will see Mkt view , Trades , Statistics , blah blah

Click Trades
- voila
- u can scroll down to 10am and all dat if u like tape reading

Wema
- consolidating abv 70k (good structure)

Mcy56:
Lasaco Assurance has been consistent with dividend payment for the past few years now.
A stock selling for 25k as at now paid 5k to shareholders for YE 2018.
Plan for Private Placement to 'strategic/selected investors' at 1.20k per share is ongoing.
Watching this one. Time will tell.

Caveat: Not monkey hunting, just trying to get more details about it.

interesting stuff

DeRuggedProf:
Charts don't lie.
An explosive eruption forming, the longer the delay, the unluckier the Seismometer......

good weekly close also on vol

fxuser:
Pre mkt

Zenith
- trading abv prev week close (doji week , so +ve price action is d sig u want to see),
- also firms up support above N18.50 level)

#swingBuy

very short term issues
- big trades at n19.50 early while price sinks back below N19 level
(MM dump on FOMO and will buy back lower . . who knows)
- no immediate traction yet , price may stay in dis accumulative FA range a lil more

fcmb / fidelity
N2 is d new support , dont sell support

don't get shaken out folks
have a blessed week and month end

Another technical bottom forming Example:

ETI
prev CP: 7.05
- Increased volume at close of week hitting highest daily vol MTD (4.7 units traded)
o Prev month vol 19.6m vs MTD vol 26m (increased volume at support , price defending prev yr low )
- Price finds strong Support above N7.00 and forming a higher low, technical reversal forming (called dd bttm, see uba and co prev)
o PIVOT: Prev mth close 7.10 (daily close abv confirms reversal )
- PIVOT 2: Weekly close above 7.50 is adds further confirmation trigger ,

#random

Pre mkt

Zenith
- trading abv prev week close (doji week , so +ve price action is d sig u want to see),
- also firms up support above N18.50 level)

#swingBuy

nna777:
some corporate institutions and funds administrators are receiving their OMO maturities this week. We are expecting more inflow of funds to sustain the bull. We expect a strong positive end this week.

good

FYI
Next week is month end ohh

DeRuggedProf:
Charts don't lie.
An explosive eruption forming, the longer the delay, the unluckier the Seismometer......

loll nbst

FUGAZ performance = AUFGZ

FO
- bullish engulfing week forms , ff FM for back
(price breaking above highest weekly close in d past 14 weeks range ..um)

Mcy56:
Access, FBNH on the move.....
Zee fighting hard..... UBA getting set.........

- all the pull backs found support (buy support , sell resistance)

Friday Price action

Banks
Short term
- daily wicks above show rejection
- close below opening price suggest strength

longer term view
- close above previous week remains bullish
- despite daily rejection , further profit taking in the coming week may likely led to a weekly inside bar = consolidation
( when prices ranges withing the body of d prev week (will do TA course in Q1 for those interested)
- possible 1 week rest
- what we dont want to see is price going back below last week opening price (example: zenith breaking n17.30 , dat invalidates d move)

Recommend
- if u FOMO in , dont FUD out
- if u booked profit , look for support to re-enter
- if u were in disbelief and missed the bus , wait for support entry
- if u wanted to book profit and still wondering whether u should . .umm ff ur heart

have a blessed week folks ,
will be looking at d weekly soon

Weekly Performance
NSE Index +2.04 %
NSE Bank +6.77%
NSE Industrial Goods +3.24%
NSE Consumer Good +2.55%
NSE Oil & Gas -1.76%


Top 10 Gainers Last week
Wema +28.81%
Cornerstone +26.53%
Guinness Nig +22.75% (um) �
Jaiz +22.41%
FBN +18.10%
Dang Sugar +17.5%
Unity 17.54%
CCNN 14.29%
Access +14.13%
Chams +12.50%


Top 5 Losers ��‍♂��‍♂
Total -9.98%
Learn Africa -9.40%
Unilever -5.61%
Continental -5.04%
PZ -3.60%

Oando (caveat emptor as per ongoing issues et al
however
- weekly is showing positive RSI meaning bearish fatigue and buyers have found possible support at long term level
- price currently at 2016 lows
- price already holdning above prev week

cud be a swingPlay also , d tides lifts all manner of things

(lasaco dem dem )

DeRuggedProf:
I love the way these guys are buying FMN.....
I used to go fishing, when you throw a hook at a clever fish, it does not swallow it, but takes down the bait in little bits until you remove your hook empty.....

bids abv prev close , u know d rest when lower high is intact ... HH

lancee:
The Man don start to drop zee last batches for today

19.50 is a small RR level , but trend structure is solid
price may still shake weak hands out tomorrow . access did after breaking above N7.00

Big Caps check

Nbrew
- finds support
- abv avg vol MTD , WTD
- close above 50 expected
- best structure among the 5 , weekly closures flattening out

Dang Cem
- still looking for vol to confirm support

Nestle
- rejecting lower price but under long term MA's

MTN
- needs a strong weekly close to convince buyers

WOW Another breakout
Welcome to Page 5000 +
May the next 1000 pages be filled with positivity, love for one another and more money in your pockets

Congrats

hope ur all in good

Transcorp
- also breaking out of range on vol

#swingBUy

Coolcash1:
He should come back tomorrow o coz i couldn't enter at N17 junction...

in fact, i am not moved when i see Zenith racing up because I know someone somewhere will just throw spanner into its wheel of progress to cut short the rally....

Team N17 junction...

loll d order book between 17.50 and 17 don gather chest loll

dangSugar

- a close above prev week , halts d pull back towards year lows and set in motion a ''possible'' corrective move also
- awon long term people can put stops at yr lows

#JustObserving

is dat 5.7 billion traded ?

bigjay01:
06/09/19 ...

if you know, you ...

Like Dis Throwback
daz q3 abi ?

DeRuggedProf:
I suspect after:
a). First gap up in opening price, sell at any price above the opening price.....
b). When you see a 'railway track' in the sky, dont bother for symmetry of the two lines.....
c). When you see an 'abandoned angel' (baby na down, angel na up den de leave am to fall down).....
d). when the ichimoku cloud turn to ichimoku river....

Fxuser, abeg come and 'technicalize' my message.......

'abandoned angel' lwkmd loll

currentprice:
it a good stock by Q3. fp is 7.4

- spent most of the year between a range low 3.30 and range high 4.20 (pivot )
- buyers have pushed support with the range support higher (una dividend yield accumulators)
- its ff last yr dec pattern like most