₦airaland Forum

DeRuggedProf:
When a significant gain is made in a short time, a wise investor should resize his portfolio downwards in order not to give ALL his gains back to the market with interest ( commissions)...

When you feel highly elated about your gains, it is actually a CONFIRMATION SIGNAL to downsize your portfolio ...

FULL BID can turn to FULL OFFER in the BLINK OF AN EYE and last longer...

word brah .
when i feel any form of excitement (or anxiety) , i shut down and go the gym !

IdrisAdebiye:
Zenith Bank’s Eurobond Four Times Oversubscribed

https://www.thisdaylive.com/index.php/2017/06/05/zenith-banks-eurobond-four-times-oversubscribed/

wow !

Like this :

“I’m also a firm believer in predicting price direction, but not magnitude. I don’t set price targets. I get out when the market action tells me it’s time to get out, rather than based on any consideration of how far the price has gone. You have to be willing to take what the market gives you.”

- Linda Raschke

9free:
Abeg, someone should furnish me with the current Morgancapital trading account number, I can't find it in any of my data servers.
@bishop, fxuser, Dprof, Famong, Pa Ewumi, Peter.....

Bank: Skye Bank Plc
Account name: MorganCapital Securities Limited
Account number: 1771365357

Reminder : Why we shud cut losses quickly

Ucap
- still bullish on all accounts

FlourMill
- Weekly RSi breaks above 69.1 , very bullish
- weekly macd also crossing zero line signalling further +ve sentiment
(note: Weekly MACD been under zero line since 2014)
- further upside expected
- SP to test 2016 high also
- caution: liquidity can be tricky here.


Dis:
like weekly breakouts , there are more valid, helps quiet d daily noise

BullBearMkt:
-Bulish Daily, Weekly
-Daily over bullish
-Growing sentiment and Greediness
-FBNH YTD price appreciation over 87%
-DIAMOND BK YTD price appreciation over 23%

FBN chopped some Fidson tablet ! Full overdose #BOOM

PennyBanks

- fcmb , fidelity, diamond
- weekly RSI indicate strength and strong +ve sentiments
- weekly macd are looking to break d zero line which is also very powerful bullish indicator
- the big boys have tested and broken 2016 highs
- if the tides are strong enuf , who knows
-

dis:
have all 3

Mpeace:
Ma broda where went thee. Welcome back.

Thanks

Intendy:
stocks with new 52 week highs

fbnh #6.42k
m & b #1.79k
international breweries #24.19k
Uba #8.40k
access bank #8.93k
Nestlé #918.76k
dangote sugar #7.45k
no stock with new 52 week lows

Stocks continue to test and break 2016 highs back to back !
#bullish

Mpeace:
Fidelity and diamond will surely overtake FCMB before Wednesday nest week

umm
chai

BullBearMkt:
NSE ASI IS BLOWING THROUGH MAJOR RESISTANCE WITH EASE
On going sentiment is helping NSE ASI to blow through the major resistance with ease.

This is really impressive....

Beautiful chart. A nice breakthrough with volume.
No one shud still be in d red on this forum.

kenmaro:
I am thinking of buying into sterling bank. Any advice on the stock please?

d stock is very badly behaved, always forming liquidity traps.
very erratic

Pull backs
- they will come
- they will take different forms
- if a stock is pulling far away from a respected trend line , it will at some point pull back towards that trend-line before continuing towards its major trend. Major trend here is 200dma for TA
- poor entries are more likely to be shaken out during pull backs
- if d stock is trading above d major trendline (200 dma) , long term investors shud just stay put, a pull back towards to 20dma or even 50dma is just a correction

(BUT PLS PLS if the stock is below d 200dma this does not apply. Ex: Forte Oil dem dem)

Enjoy ur ride

Nbrew
- we like d Weekly , indicators are bullish
- ongoing trend reversal
- 22-Mth Inverse Head & Shoulder formation wt SP breaking 149/150 region
- bullish


Chart:
https://invst.ly/41pj4

Dis:
long here also

mendes911:
Fidelity will still win race number 2.

Yours truly Fidelity is winning ohh ! lolz

Cadillac15:
Your submission sums it all and i prefer this. I have been following you and Fxuser for a long time wnd i must confess that you guys are the best thing to happen here. Please keep it up.
Let me share something with you: I have never been a fan of FBNH. I came across a TA analysis by one of you guyz on it and it aroused my interest. I had to go read up the 2016 Financials and QTR 1 2017 page by page. Then i saw ihedioramma's post on it. That was a classic case of TA ok, Fundamentals being brought to ok status, and sentiments ok (noticed an individual bought 458million units in one day).
Immediately, i purchased 4m units and as at today, i have a gain of 4m+. But i wont sell. Even for N15!
Why? Thats a N25 stock undervalued by fundamentals.

Super Nice !

FBN
- SP is gapping up wh is good
- Weekly RSI breaking into 3 year highs , this confirm very strong sentiments.
- Expect further upside here !
- lets see how N10 resistance behaves when we get there

locodemy:
Revealed by technicals........

Where is fxuser and bullbear?
I hope they did not go to the toilet upstairs?

loll

- When fcmb tested 1.30 on friday, u came to mind.
- it formed a doji on big volume.
- needs to break that stubborn resistance level
(it likely going to , weekly MACD is above zero, SP is >50dma , Wk RSI also strong and fidelity is chasing frantically lol)

Dis:
Sold some at 1.30 However a close above that level wt some volume is a buy sig #IMO

DeRuggedProf:
Where is Fxuser?

My brother
I think i was bounced or sumfin ! I cud not share some nice plays sef .
I see u have unleashed the bulls and i hear more are coming loll

Manonamission:
So much confusion right now. Hold, Sell,Buy Bullbear,fxuser, yok abeg torchlight this matter.

True that !
With stocks trading above the 200 dma and those where the 50dma is over the 200dma ! No shakes in holding or loading up more at PB's
We wud continue to see Higher lows and Higher highs unlike that yeye 5 year Bear trend where stocks were below the major lines.

robobo:
NSE Index

"" Marubozo patterns are interpreted to mean there is a clear, unwavering sentiment in the market. Bullish/white Marubozos occur when buying momentum persists for the entire trading day and there are not enough sellers to reduce demand. This is unusual, since trading days that see consistent price rises are often finished with a period of selling and locking-in of gains, which a candlestick shows with a small upper shadow. A white Marubozo is considered extremely bullish, signaling an uncommon conviction about the upward movement of a security's price.""

n:b i am a infant on this technical thing just taking cue from the last time Oga Fxuser mention that candle stick type

Nice one
Its a very powerful short term candle, even more powerful when u see gap ups or when u see 3 in a row. Usch formation is called Three White Soldiers.

emmanuelewumi:
As a value investors, I look forward to market crashes as long as the fundamentals of the companies are good.

Don't invest for capital appreciation, invest because of cashflow. When you invest because of cashflow, sustainable capital appreciation and multiplication shall come bountifully in due course.

Yes boss .

Strong cash flows directs my attention to consumer sec giants esp Nig Brew. (Recovered from sub N100 crash , gaining over 50% wh ties to your thots)

In d ''FUTURE '' , one would expect power sector to be strong cash flow generators if they can scale the current debt - complications et al in the medium term

Telcos if listed shud be a strong candidate. They are d cash flow monsters ff by Dang Cement i think.

#RandomThots

Rencap on Nigeria

https://docs.google.com/viewerng/viewer?url=http://nairametrics.com/wp-content/uploads/2017/05/RenMan-Nigeria_250517274521.pdf&hl=en_GB

#Naira #Stocks #Economy

soloniger:
and FMN?

FMN
- I like this Weekly closure above N20 above avg vol
- First time wk close above N20 since Oct/nov
- Looking fwd to a close above N22 in d months to come
- Liquidity avg is not my fav


Dis:
Hav some in long term account.

''Price precedes all ''

BullBearMkt:
##

++
-Daily is depreciating and becoming bearish after negative divergence on Price and MACD-H
-Pullback most likely. Volume low on pullback indicating pullback might be shallow
++

Word sir

"A rising tide lifts all boats" . . .


#FearNot

FBN
- big week for FBN , gaining 21.95% on big vol
- opened the week at N4.01 , closed wt a big breakout above 52 week high
- expect more 52 week high

TA
- very strong bullish posture on all time frames
- Weekly RSI breaking above 69.1 (last time d weekly RSI was at this level was 2012/2013)
- it indicates strong +ve sentiments
- Also on d daily d 50dma is breaking above the 200dma (golden cross)
- golden crosses further confirms trend reversals (see Ucap, GT, Access, UBA et all)
- its best u stay long and not get shaken out

Dis:
will be looking to increase positions here and avg up !

Diamond
- 183m traded and counting
- Fidelity won race 1
- Diamond will win race 2

wat say ye? lol

GTB
- cracking 35
- mkt cap shud be over N1 trillion now

52 wk high always begat 52 wk high
#FearNot

Princkez:
Guys watch out for OandO ,another round of magic abt 2 begin..

some serz reversal
um