₦airaland Forum

Coolcash1:
When it comes to stock trading I HATE fridays...

lol
Friday closure is most important . . Tues - Thurs can be Noisy in TA

BullBearMkt:
...just follow your analysis in a bull run

NSE 30 remains bullish
NSEBNK10 still bullish also

fxuser:
- a number of stocks closed below the day high forming an inverted hammer !
- profit taking is expected , 10 day bull run no easy
- but some closed strong at their day high: eg: zenith , ETI , GTB, Diamond ,,dangCem, DangFlour , NB, UAcn , FO Unity bebelo
- DanCem big vol and upside also pushing the index further

Zenith , GT , ETI , FO opening higher

GT
breaks 30

Zenith
breaks 19

feelamong:
OANDO is only for the strong hearted...Be Audacious!
Those who win here always win big!

- word and vice versa
- weekly is +ve but expected pull back on d daily
- cash & wait again lol ,d JIJO way of Life

EduC:
Sir, what does this signify?
Thanks

- growing +ve sentiments

Forte Oil
- weekly RSI & macd +div
- wkly macd above signal line

Nig Brew
- strong weekly breakout , -next test 150.10 levels on d weekly

- a number of stocks closed below the day high forming an inverted hammer !
- profit taking is expected , 10 day bull run no easy
- but some closed strong at their day high: eg: zenith , ETI , GTB, Diamond ,,dangCem, DangFlour , NB, UAcn , FO Unity bebelo
- DanCem big vol and upside also pushing the index further

afo7219:
The analysts bullbear,fxuser et al..... Pls o help wit TA n FA on oando abeg

- inverted hammer yesterday indicating profit taking
- further profit taking expected
- the weekly looks positive (long term)

Skye bank sef wan ff dem join ! #yeye

bulls are on red bull
dem don grow wings

FBNH
- full bid at 4.24

Oando
breaks N10 early

FO
breaks 50
full bid

Zenith
breaks N18

UBa
crosses N7 , ff access

afo7219:
WHR is fxuser for d early morning gist?

Strong opening continues
FBN
breaks N4

FO
opens higher at 48

Banks
all opening above yesterday close !

Banking Index
- approaching 20166 high , weekly charts very bullish , shud break thru

marubozu everywhere on big volume !

DeRuggedProf:
God help us all.

lol Amen oh
We are in the biz of ''suddenly'' s
The market has join d fast & furious sequel !
I don tighten my sit belt , I can't shout

IHelp:
I love this market (NSE)

I wonder how people make more loss than gain.

umm
Emotional management . . takes time to master oneself

BullBearMkt:
FIDSON price more than double (x 2) in less than a month!!!

the Fidson fever is a bullish fever . .

currentprice:
you forget to mention fcmb abi loco offend u

ahh haba

i talk am nah lolx

- Opened at N1.00 , up 5% early
- mentioned prev +ve div some days ago

Fidelity
- opens higher at 95k above 91kobo closing yesterday

FBN , transcorp , Fidson, Nacho, Daimond
- all opening higher

@deruggedProf

o toh jo meta

UBA
- over 80m traded already

(awon men in black)

fxuser:
Pre market
Fcmb
- breaking N1.00
Transcorp
- further breakout
Fidelity
- to open higher

Banking sector breakout continues

Oando
- maintains full bid
- opens higher , crosses N9

Pre market

Fcmb
- breaking N1.00

Transcorp
- further breakout

Fidelity
- to open higher

OlugbengaE:
Lets say You have 10 million Naira now, which 5 stocks will you buy? for immediate turnover

more important than d picks are

- position sizing
- setting good stop losses after entry
- patience
- keeping emotions under control esp when u have those unexpected draw downs from nasty pull backs

Why risk Mgt is key
- a -20% draw down is easily N2m out of pocket , portfolio wud need a 25% gain to break even ,
- a -30% drawdown will need +43% to breakeven and be be lo

if u can keep the above , u can buy any breakout sef but pref on d pull back

austinkenneth:
Progress in currency liberalization has always happened when Buhari was away.
Lets all stay put. We may have an Egypt loading. I'm disappointed mainly because the lower the index stays the better for me so that I can load more before the eventual devaluation. But all the same, lets enjoy the ride.
A pullback may happen if the foreign investors are not Ok with the floatation.
But see below what happened in Egypt and judge for your self whether it is not worth it playing this MMM.
Don't come here to say you JOed and missed out.
Egypt

- This has happened technically & quietly with the introduction of NAFEX window (investors window) !
- Using the Nigeria ETF has a gauge, foreign holdings have adjusted to the Investor window price rather than d official price
- Technically , investors have been hit wt a devaluation from N306/$ to N380/$ region
- also making Nigeria cheaper in dollar terms anyway . .

ukay2:
UBA.....on the run

banks on d run . . maybe pension fund managers de busy today !

fxuser:
- a close above N1.00 will be great

- breaks N1.00 !

umm

NSEBank up over 1% on big volumes

fxuser:
FCMB

- big volume
- over 120m traded . . @loco

177m

FCMB

- big volume
- over 120m traded . . @loco

fxuser:
Transcorp
- slight caution before i forget
- -macd and RSI forming -ve div on d daily , dat n1 looking problematic in d short term
- support at 95kobo region
- nothing wrong with taking some profit here and come back in when it breaks above resistance or re-enter at support if short play ohh
-

- a close above N1.00 will be great