₦airaland Forum

DeRuggedProf:
Lol...

Some will still refuse to deliver like The Hebrew Women and wait for the KNIFE....

Prof . . . lollz

Oando
- gap up ! !
- opens much higher

Market
- in labour with Q2 Earnings .
- all stakeholders are in d labour room

very quiet opening

Stockbiz:
All other brokers platform are working. Most likely to be another sanction that has been slammed on them.

calm !

BMZK:
Is Morgan having issues again?
Market view data are not displaying.

seems so !

'' what may look high now , may be low in hindsight ''

lol

#mondayPrep

stcool:
These once are consistent with dividend: Just look to enter @ a convenient price
GTB
ZENITH
NIGERIAN BREWERIES
DANGOTE CEMENT
UACN
FLOURMILL
AFRIPRUD
NASCON
DANGOTE SUGAR
CONOIL
MRS
TOTAL
NESTLE
ACCESS
CAP
OKUMUO OIL
PRESCO
STANBIC IBTC
CUSTODIAN & ALLIED INSURANCE

These once are good but risky:
FBNH
DANGOTE FLOUR
FORTE OIL
UBA

kuku ma buy NSE 30 index ETF . . . like d vetiva , dat stanbic one get comma

DeRuggedProf:
Living is extremely riskier but we never stop living...

loll Prof

https://www.tradingwithrayner.com/price-action-trading/

#SundayReading #MondayPrep

Coolcash1:
For the first time in my trading experience, I am sitting on huge cash in my brokerage account not knowing the JIJO stocks to dive into...Let's see how Monday will look like...Though I am considering FO, FBNH and Oando...Thanks to @bullbearmkt for his TA insight on them...Much love bro!

good timing
enuf options

Coolcash1:
You think so? Not when it comes to NSE. I don't have issues with the guy being long on stocks but he shouldn't think he can just buy and go to sleep. Periodic review and regular diagnosis of health check of hIs portfolio is seriously recommended so that he won't come back here and be telling us stories that touch..

My one cent

after the 2008 crash , we are no way near those highs ! Unlike DOW !
honestly if were to buy and hold , I wud rather buy facebook or amazon or telsa or some tech start up or crypto or dollar sef

BullBearMkt:
...lol!!!
The logic is that if the high of wave 4 is broken, then we could likely have almost half of wave 3

we patiently wait ! and remain unshaken

SterlnBank
- d juju mkt maker kontinues #smh

Transcorop
- nice close at d day high
- too many bargain hunters
- if u waiting below . . who knows !

BullBearMkt:
Oando
-Daily is turning bullish with accumulation ongoing. Recent support existing at 7
-Today's and yesterday's candles are very bullish
-Weekly has turned bearish

transcorp
-Daily is bearish. Today's candlestick shows indecision in the market
-Weekly is stick bullish. This week candle gives hammer at the support @ 1.27


uba
-Daily bearish with support at 8.14
-Weekly turning bearish

FO
-Daily is bearish but turning into bullish with recent support created at 48
-Long term is bullish with long term support at 43

yhup yhup

also
Zenith
- solid support above N20
- big vol today , opened higher , closed higher
- pros mopping quietly without fuss
- #like

BullBearMkt:
...we are all learning everyday. We told you sometimes back that FO will retraced (when it was rising towards 70) and with your high experience you disagreed; today, FO is now hovering below 50. So, everyone is learning and what @stokfrick stated is a fact, similarly your statement is right as well.

FO
- high probability of support below N50
- stop loss N45 region
- short play
- i like support plays in anticipation of breakout


#Genco

Pull back
- those asking ''wen is d pull back coming'' . . it is here
- lower openings wt lower closure tinz
- no one likes falling prices , no matter how shallow
- but we welcome d bears . .
- wait & buy d support level.

#randomThots
if prices have dropped below your avg entry for your longs, sit still if d holding is still above the long term MA
if ur looking to re-enter , wait for supports levels , be patient
if u wished u had taken more profit during d bull run, let it go , learn & move on.
if u feel u re-entered to quickly only for prices to go lower, stick to ur strategy . this things happen, #brace for further shaking out
if ur a trend follower , u shud not be moved so far prices remain above d respected trend else ur not one

a pull back on low volume
#yimu just sit still

Access close period
http://www.nse.com.ng/Financial_NewsDocs/18611_ACCESS_BANK_PLC_-_CLOSED_PERIOD_CORPORATE_ACTIONS_JULY_2017.pdf

What will interim dividend be ??

a) 25 kobo

b) 30 kobo

c) 35 kobo

lol

ihedioramma:
The Naira on Monday appreciated
Trading at the interbank market
saw the Naira closed officially at
N305.95 ''

that official rate will need to converge sometime before the end of this year

#LastCard

dipoolowoo:
Flour Mills Profit Declines to N8.8b, Declares N1 Dividend
http://www.businesspost.ng/2017/07/03/flour-mills-profit-declines-n8-8b-declares-n1-dividend/

big jump in revs


#longterm

FCMB
- Unimpressive Q1, dont expect impressive Q2.

#ported

BullBearMkt:
WHAT IS THE MARKET DIRECTION IN JULY?

Welcome you all to the month of July (the month of "7")... what does 7 means to you?

Nice one
I remain bullish esp with stocks >50dma, lov d pub backs to respected trend !


dis:
major hold: zenith
minor hold: access, fbn , uba
Short play: FO, transcorp, diamond, fidelity
Defensive hold : Nbrew , dang flour

hav a blessed and fruitful half year ahead

Happy half year people , a blessed and fruitful 2nd Half ahead . .

#KeepWinning

BullBearMkt:
...nice entry signal sir OR support at 1.35 to be conservative, if 1.43 will not hold.

off topic
sometimes I notice some big bids well below the trading range of d day ! All stacked up
U can be sure d price will at some point touch dat area to settle awon big brokers bids et al

I also watch for the mkt behaviour btw 2pm and 2.30 esp thurs and fri

Pennybank race update
- Fidelity leads d way
- Diamond is not backing out
- FCMB dragging foot


who will win at d end of Q3 ??

Transorp
- some nice support at 1.43 levels wt decent vols
- further support expected
- support areas are always overcrowded


dis:
we like to buy support , esp wt emotional stocks like dis
re-entry activated yesterday

BullBearMkt:
HAMMER FORMATION AT SUPPORT LEVEL ON NSE ALL SHARE INDEX
The candlesticks formation in the last 3 trading days on NSE ASI is very interesting. We saw heavy selling last week till Friday 23/06 before the holidays. However, Wednesday and Thursday trading were bullish.

Combining the candlesticks formed last week Friday, then this week Wednesday and Thursday in order to determine the overall direction of the market shows the formation of A HAMMER (chart 2). Hammer candlestick is a reversal indicator, especially when it appears after some selling pressure at the support level. Interestingly, the "calculated" candlestick hammer on NSE ASI is right at the support and also accompanied by increase in volume. These are all high probability of reversal in the market.
To finally confirm the arrival of bulls on NSE, today's trading candlestick HAS to be BULLISH.
Wishing you all successful trading day.

- chai ! Chief TA ..- #word .. nice hammer formation wt vol at support level ! (u dont see dat everyday)
- we have 2 big green candles
- another big candle shud give us ''3 white soldiers ''
- earnings season game play whistle don blow lol
- this is not d time to sell but to buy , avg up , or hold ... anywhichway just sit still lol

DeRuggedProf:
Which resistances are we going to penetrate tomorrow?

breaking d back of bears !
bulls gat no CHill
d ring is full

sh*t happens


- if u got shaken out , don't dwell on d past and move on

Markets
- big vols wt gap ups is very +ve
- shares opening higher and closing higher not bad at all