Fxuser's Posts
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Dang Flour - monthly bullish but daily PB still bearish , may likely retest below N6 for support - 50DMA is N5.66 - my itchy fingers re-entered to early ! #MonthEndAnalysis |
FBN - red flag on the monthly - 2 consecutive monthly lower opening and likely closing (today is month end) |
robobo:Brotherly sorry for the late response i see your concerns all well & clear, very scary pull back. see: https://invst.ly/4yw6i However , if we apply Fibs, its still within d parameters of a retracement Lets see how the next 4 weeks go. Also, have a look at d banking index (5 weeks ongoing pull back) Nice one .. |
Zhirinovsky:yess boss the surge is a corrective bounce in TA terms ! |
pluto09:loll i cut out wen 1.40 failed but dat 1.22 level and below is inviting d bears have work to do |
pluto09:Guinness is still in a downtrend ,(trading below long term MA's) so a corrective bounce shud not be seen as a reversal. |
robobo:not the index sir some of the stocks that made new highs Banking index is 3 to 4 weeks , ur spot on. |
pluto09:yes oh Ex: transcorp, diamond |
Entries - 2 types : buying pull backs or breakouts - if u like pull backs , this is your season - if u like breakouts , come back when prices break recent highs For d pull backs team - we are about 11 weeks into this pull back from recent highs , generally speaking - stocks with a 50% retracement from their recent high shud be on your radar (use Fibs) - u have to be patient with d pull back to gain good a good avg support entry - be very patient , avoid itchy fingers loll ![]() |
what i like about fidelity are in d headLines below 1) FIDELITYBK declares N9.04 billion PAT in Q2'17 Result,(SP:N1.37k) 2) FIDELITYBK declares N9.73 billion PAT in 2016 Audited Results; Proposes 14k Dividend, (SP: N0.84k) |
Tritri:Ucap: - Still Trading below d weekly closing high 3.40 after ex-div ! - Also RSi on d daily facing downwards, Its not breaking out anytime soon. (until a weekly close above 3.40) - U can jump out and jump back in anytime in d short term AfriPrud - same thots ! , u can always come back in ! - trades within a range (see: https://invst.ly/4yhyk) - never go far , u can always come back in #IMO |
Oando http://www.nse.com.ng/Financial_NewsDocs/19432_OANDO_PLC_-_PRESS_RELEASE_CORPORATE_ACTIONS_AUGUST_2017.pdf '' Alhaji Manga hostile take over uncovered by d cowboys '' #GrabPoP-Corn |
currentprice:DangFlour -highly recommended -closed on weekly high , nice breakout -open higher above fri close , expect further breakout in days or weeks to come dis: IMO , a buy |
pluto09:
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fxuser:Top Losers thus far Aug To Date Mobil -23.89% Morison -23.73% NEM -21.09% ConOil -20.14% Total -19.70% Mansard -13.64% RedStar -12.4-% FO -12.28% Oando -12.18% Champion Brew -11.87% Oil sector taking major hits. |
Aug to Date top 5 gainers CILeasing +38.75% DangFlour +26.82% Guinness +22.46% Nestle +19.02% Livestock +16.05% (dangFlour breaking on on d weekly) |
feelamong:- d weekly RSI remains above oversold levels, its going to keep testing and breaking prev highs on d daily and weekly. - the days of trading below N10 are numbered ! |
BullBearMkt:true that.. our discipline to process must continue to progress (even more pertinent wen in cryptos ) ![]() |
BullBearMkt:Sup bro ! U Must share those notes ohh! ![]() Yours truly , its about process. Money will ff good process ![]() |
DangFLour - over crowded support below N6 - |
Manonamission:lollxxx we only wish for more liquidity |
Zhirinovsky:No Was hoping for further pull back to buy more ! |
Zenith mark down today ?? |
Morn Quick Mind Refresher : http://www.newtraderu.com/2016/05/10/10-price-action-trading-tips-can-learn-10-minutes/ Bless pple |
DeRuggedProf:loll OMG '' willing to delve into an abstract division of a highly divisive entity....'' only Prof |
DeRuggedProf:arrgh . . PROFF |
OBAGADAFFI:- see dat 30m support WALL - um |
Zenith - closure on Monday |
[quote author=Kagame post=59591225]Adewale Alayande Help Desk Unit Africa Prudential Registrars Plc 220B, Ikorodu Road, Palmgrove, Lagos. Office: +234-1-4548120 E-mail: adewale.alayande@africaprudentialregistrars.com info@africaprudentialregistrars.com Website: www.africaprudentialregistrars.com |
valacious:well done boss our core aim is emotional and risk management. same applies for upside , once ur profit is exciting you , its time to reduce exposure and take some off d table. over time we become less emotional to swings and all . |
valacious:- um - i think the d interim is already priced in at this level - if the interim or earnings is way above general market expectation that good to go - if the interim fails to meet ''general'' expectation , watch for further short term pull - if its within ! we ''may'' see price test prev resistance levels - '' IF '' or '' MAY '' are wat we live by in this trading - however , if your avg cost is below N9 , ur a spectator in all this drama - but IF your avg cost is above N9 , then you are not sleeping well and in a dilemma - IF (again) you are uncomfortable with your avg cost because prices are closing in, den u shud reduce your exposure to comfortable levels |
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