₦airaland Forum

DeRuggedProf:
All I can say is that you are diligently seeking for who to blame IN A VERY SHORT TIME...

loll
i honestly come back here for your wit & banter . .

mamud3:
Please kindly assist me on share to buy and make profit in a very short time

lolest @ '' very short term ''

but its very possible, d tides are in ur favor and you dont need brains in a bull season.
However, Mr Market will likely take it all back and more at some point.

Recomm:
interim div paying banks trading above last month closure and last week closure.
do some work

#MornPrep #GoodMorn


Retracement or Reversal: Know the Difference

Most of us have wondered whether a decline in the price of a stock we're holding is long term or a mere market hiccup. Some of us have sold our stock in such a situation, only to see it rise to new highs just days later. This is a frustrating and all too common scenario, but it can be avoided if you know how to identify and trade retracements properly.

What Are retracements?
Retracements are temporary price reversals that take place within a larger trend. The key here is that these price reversals are temporary, and do not indicate a change in the larger trend.

Notice that despite the retracements, the long-term trend shown in this chart is still intact – that is, the price of the stock is still going up.
. . . . . . . contd at link below .

Read more: Retracement Or Reversal: Know The Difference http://www.investopedia.com/articles/trading/06/retracements.asp#ixzz4p8vcYItr

Good Morn !

IamAlexander:
@fxuser and @bullbearmkt... what's the chart saying about sugar...I reinvested all my proceeds I realised from the one I bought at N12 today at above N15.... the last minute fall in price is scary...Should I jump out?

loll @ scary !
- yeah , I see the inverted hammer today ! but still closed at friday close
- a much needed rest before continuation
- but stock still above major trend line ,
- expect possible shaking out of poor entries

Flour
- this forum is pushing honyflour to full bid . . MM de watch una

Nbew
- breaking N180 !

stcool:
Dangote Sugar, some retrace inevitable.

- it retraces on a min basis
- offloading profit takers
- decent ..
-

Diamond
- higher opening
- cant wait for fidelity any longer
- very decent
- hold

fxuser:
DangFlour
- about time , join your brothers

- a break and open above 5.40 is very bullish
- that 5.40 is a major psychological barrier
-- watch for further upside

dis:
will be adding more to avg up

DangFlour
- about time , join your brothers

DangSugar
breaking out higher early

Index
- nice openings above friday close !

yok:
Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently

CCNN
- finds volume

Nascon

- weekly review show break above a 3 year range
- strong bullish posture on monthly and weekly
- weekly rsi breaking at 3 yr high
- will test N14

#JustObserving

bears disguising as bulls
bulls disguising as bears
lollx

robobo:
hello chief

or do the MM also sell to create exit door panic type

lollest
@ '' Jim had been shedding weight all day''
big man wahala

Zenith
- market maker is very busy today !

DeRuggedProf:
FO has done it eventually...

much needed close above N60

DAngFLour
- breaking that yeye 5.40 early
- about time

ihedioramma:
Justobserving and the thing is going fxuser say the truth

loll this mkt ehn , wat can we do oga
stocks are distracting stocks from one another

fxuser:
never looked at the chart before until now
monthly chart indicators are at all time highs and in support of possibilities.
interesting ( https://invst.ly/4pm09)
nice one
#justobserving

ps: vol is a problem and risk here.

leo1234:
Have you not heard that it is heading to #2.
Another maybaker.

never looked at the chart before until now
monthly chart indicators are at all time highs and in support of possibilities.
interesting ( https://invst.ly/4pm09)
nice one


#justobserving

DeRuggedProf:
Wave down the Taxi. It's in view.
A good driver constantly check his rear mirrors.

If he does not stop, thank your stars for avoiding a reckless ride...

lollxx chai Prof
if u no see Uber , take okada, we never go too far

DeRuggedProf:
The market will continue to defy bears until Q2 results of Tier1 banks gives an order...
My opinion.

yes boss !
d pull backs of Q1 greatly differs from d pull backs of Q2
those waiting at old price levels , go tire

valacious:
@Deruggedprof, fxuser and all okomu or presco which would you hit buy on?
I analyse that since Presco has a higher EPS of N5+ compared to Okomu of N3+...Pls advise...

Presco / Okomu
- both pulling back on d monthly and weekly !
- both falling back within last week range
- typical rest behaviour after a surge

lots of support in play today , some nice bounce of d support !

ihedioramma:
Is it good or not ? .

Very good
Nafex hit over a bln usd trades last week i believe

fxuser:
DanSugar
- bullish gap up on d weekly
https://invst.ly/4p55v
- nice breakout

#JustObserving

best part is monthly RSI is at all time highs !
this shud not be ignored
entry is another matter entirely

DanSugar
- bullish gap up on d weekly
https://invst.ly/4p55v
- nice breakout

#JustObserving

Zhirinovsky:
atleast you didn't carry over the course. You would have paid another tuition fee
Me sometimes I get out positions of -1.5% they should keep their 100 million lemme keep my N1

DeRuggedProf:
The problem with successful trading is that the rules of success are too simple.
Humans have a unending appeal for sophistication....

d search for the holy grail

Sometimes we cut profit short too ! I don't like leaving too much meat on d bone