₦airaland Forum

Jeez2:
Good morning fxuser, does this imply a buy, sell or hold?

IMO
- long term buyers can buy or hold depending on their long term avg cost and goals
- short term buyers shud have taken profit and be on d side holding for entry

'' when shud we enter? '' (i hear this a lot)
- preferably wen d weekly opens above prev week close on volume and stays above prev weekly range
- or even better when the weekly open is also above prev monthly close

fxuser:
UBA
- swings shud NEVER ignore negative divergence
- shud find support at 50dma
-

- last 7 yrs , never closed above N10 on d monthly
- last 7 yrs , never close above N10 for more than 3wks
- a tested problematic psychological region

#JustObserving

UBA
- swings shud NEVER ignore negative divergence
- shud find support at 50dma
-

Ucap
- weekly RSI still breaking down further wh remains a concern
- SP closing below N3 , breaking support
- further shakeout expected, long have no issue !
- like i said prev : lacks explosiveness (but i get d dividend bias towards this)

Transcorp
- breaks 50dma on d daily
- further pull back expected
- 9th week correction since closing above 1.80 on d weekly

Intendy:
Stock with new 52 week highs

Nestlé #1220.00k

no new lows

'' no new lows ''
pple too fear
lol

robobo:
@fxuser

double marubozo at the very edge of 36k
hmmmm calls for concern

lol . . a third will make 3 black Crows
we wait and see !

Jeez2:
Dangflour below 6.00, is that a good entry point?
@ fxuser, @Deruggedprof, all please help a newbie

pls wait

[quote author=fxuser post=59528569][/quote]

[quote author=robobo post=59528190]ps:
update may not be clear , will adjust and re-post later.
sorry about that

DeRuggedProf:
How I wish we will be able to administer this in form of a tablet or injection...

i wud prefer a dose with orijin bitters

swilo:
what of transcorp

lets observe at 1.26

Dealing with a pull back
- prices must retrace , its normal
- a retrace is not a reversal , learn to differentiate
- no likes to see paper profit disappear (don't work ur self up, it happens)
- wen paper profits become paper loss it causes emotional discomfort (deal with it early on)
- if u are hating ur position, reduce it, if u still dont like d position , keep reducing it
- if your plan was to hold forever , den u shud not be looking at prices
- fret not ! pull backs dont go on forever , however they provide great entries
- remain patient

DeRuggedProf:
No market direction is exempted from gathering momentum.
Be vigilant.

1Peter 5:8
replace D wt Bear

pluto09:
I am in the market today for fidelity
Will like to buy at 1.26 and below.

crowds gather at d support levels

Transcorp
- look out below briefly
- full offer

fxuser:
Same for fidelity at 1.20 and below

Zenith
below N22 is desired, below N21.5 even better.
dats prev and current avg cost
we took some profit before , we wont mind coming back in if this level resurfaces

fxuser:
I'm interested in Diamond at N1.18 and below

Same for fidelity at 1.20 and below

fxuser:
DangFlour
- watch out below n6 ..

I'm interested in Diamond at N1.18 and below

DangFlour
- watch out below n6 ..

Diamond , Fidelity
- both closing at the day low yesterday
- bargain hunters be smiling

[quote author=yok post=59510052]The market dropped 2.85% in the 2 trading days for the week- but many equities close to supply zones uptrend expected to return.

The market is in a retracement mode as at now. The good news is that for the equities that are in uptrend, many are in the demand zone that should be able to slow down the 2 days down trend. Among the charts showing this are NSE all share index, Honywell flour, Oando etc.
++++

nice one
Been looking at honey well chart recently too. interesting development
I cut out since on Oando after it failed to hold N8. The sellers kept dominating every bullish attempt , further downside expected.

Market
- all dividend and short term expectations priced in !
- watch for further retracement / pull back
- if u have not been booking profits, do some nah Oga !
- if prices are facing your entry point . . loll call prof
- if prices have dropped below your entry point, watch & obey your stop loss . there will always be another day
- if prices have dropped further than -10% or greater below your entry point .. u are on d wrong side of d trade.
- if you have suddenly changed your strategy to buy & hold forever , u are in for major emotional ride. #brace

Intendy:
GTB

dividend #0.30k
closure date 24th August 2017
payment date 5th September 2017

good to have you back

DeRuggedProf:
If not, FCMB would have gotten to our golden spot (below N1)...

- GBAOO PROF
- N1.19 support held for a week .. #yimu
- no b today !

- busy manipulative month for MM
- they need to push price to were they can cross
- its expected

Stanbic
- taking over from GT !
- well done

Access
- unlike UBA , opened the wk higher & closed above prev wk close on vol !
- plenty cross trades umm

#SitStill

Willie2015:
Bros, what is driving this ETI ...

-Ve been watching it since =N=11
-Never had faith in it
-And yet breaking =N=18 with no interim dividend

very similar to stanbic !
passed Zenith and GT like they were standing still
loll

#ffchart

Dang Flour
- finds support early from last week sell off

Fidelity

- breaking below 1.30 early .. dis MM #yimu

stokfrick:
@Fxuser, do u think Fidelity would actually declare dividends
Also its chart is looking more bullish than diamond

you mean interim div? i don't think so !