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Fxuser's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:05am On May 05, 2017
Coolcash1:
Me too....Very painful grin
no worry !
the pull back will come for re positioning . .
Cash is also a good position to have !
#calm
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:01am On May 05, 2017
BullBearMkt:
...with the way NSE dey waka dey go e be like say MAY bears will be on sabbatical this year but dem fit send weaker bears come shadow wetin dey happen
grin grin grin grin grin
surely dem go send small troop loll . . we need the PULL back before Q2 ohh
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:47am On May 05, 2017
Zenith
- Opens higher ohh
- N16 test ongoing .. .
- have d ''MAY'' bears don move till next week

Oando
- 72m traded #kilode
- expected PB

Transcorp
- breaking above 95kobo !
-
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:45am On May 05, 2017
lancee:
Be like say bull still dey Active

Meanwhile is today not the mark down for FBNH or
yes oh ! e suppose be
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:24am On May 05, 2017
Big 4
- expect pull back , stay put !
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:50am On May 05, 2017
BullBearMkt:
IS MAYBAKER HISTORY ABOUT TO BE RE-WRITTEN?

Chart 1 below shows 2016 MayBaker stock price movement. Prior to mark down the stock was moving generally sideways and bottom after dividend payment (6 kobo) in April. The rest is story as the stock rallied from 0.8 to 1.23 between May and early July.

Disclamer: This post is purely based on technical analysis and is the opinion of BullBearMkt. Due diligence should be carried out accordingly.
grin grin grin grin grin
umm . . have never checked the chart before . Tnx
a Weekly MACD signal crossover above Zero is a major green light #IMO , esp wt d weekly /Monthly RSi > 61.8 but pref 69.1
very few meet this ultimate condition
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:43am On May 05, 2017
BullBearMkt:
-Daily and Weekly charts are bullish
-Yesterday, bears showed appearance
-Any entry decision might be too late as pullback is imminent soon (personal opinion)
-EXIT decision should be based on your trading plans
Best of luck...
grin grin grin grin grin
Yeah . .
Bears turning up right at the top
always nice when the weekly is strong
the PB is entry for new comers and average up for long term
we would watch the prev resistance level for support and consideration
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:37am On May 05, 2017
Intendy:
stock with new 52 week lows
unity bank #0.50k
stocks with new 52 week highs
air services #4.52k
UBA #6.32k
UBA breaking out , we wait d PB
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:27pm On May 04, 2017
NB
- breaks 125
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:21pm On May 04, 2017
lancee:
Battling 3.59 - 3.60 last day for div
Fbnh must survive
After 40m traded . . bears will have to wait till tomorrow
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:05pm On May 04, 2017
FBN
- 30mins to ExDiv
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:03pm On May 04, 2017
currentprice:
investors early reaction to the dividend but after they look at the report again and they saw the real value. all they need is to call all their household for the attack .

over 14m traded already with 9.7 bid
grin
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 1:39pm On May 04, 2017
currentprice:
look at this illiquid stock grin grin
- a lot of shaking out early in the morning
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 1:38pm On May 04, 2017
robobo:
@ bullbear @fxuser
My oga pls what is the next resistance and support for NSEINDEX
Oga

Resistance:
We de there now ! the PB is in play

Support:
first line of support ard 25,459 - 25,234 region
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:21am On May 04, 2017
FBN
- closure tomorrow
- opens at 3.50
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:11am On May 04, 2017
Newrest ASL Nigeria
- Posts FY group pretax profit of 1.15 bln naira versus loss of 56.8 million naira year ago
- Recommend 17.7 kobo dividend
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:04am On May 04, 2017
CBN

- making big moves to liberalise SME window to allow 40 item '' not valid for fx '' to participate
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 9:54am On May 04, 2017
Index
- bulls get some short relief but the war is still bearish
- ASI breaks 26,000
- NSE 30 continues on a positive path to JAN starting point !
- That's a resistance level to watch
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:45am On May 04, 2017
fxuser:
some serz breakout !
- RSI and MACD on d dily was showing some +ve divergence btw Mar - May
- um
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:37am On May 04, 2017
BullBearMkt:
PHARMACEUTICAL SECTOR ON THE MOVE!
One of the sectors on the run with NSE is the Pharmaceutical sector. One stock that stands out in Pharmaceutical sector showing great bull moves is FIDSON. The stock has been in downtrend since 2015 and if the weekly price can close as it stands, then reversal is likely imminent.

With daily price broken swing high created in January and March 2017, upside moves beckoning. Now far from my value zone, I expect price to pullback on daily while weekly is also bullish before boarding the "flight going North Pole".
grin grin grin grin grin
some serz breakout !
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 5:08pm On May 03, 2017
Oando
- Pessimists are still wondering why ! !
- SP breaks above lst yr Sept high !
- expect PB
- but weekly chart offers possibilities
- Wkly MACD to break above zero for the first time since late 2014 , Wkly RSI >60


Dis
- never been a fan
- but have some based on TA only
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:58pm On May 03, 2017
Transcorp
- big volume at a familiar resistance level but on different terms
- sellers meet adequate buying pressure forming a Doji at COB
- expect sellers to try again
- daily looks +ve !
- possible short term play
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:53pm On May 03, 2017
FCMB
- caution
- bearish continuation after failed support (bearish)
- big volume on d down side (bearish)
- RSI oversold , Macd below zero , SP remain below 50dma and shorter MA's
- Possible retracement to 84kobo for support
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:47pm On May 03, 2017
UBA
- big upside on big volume
- RSI breaks into sweet zone
- pulling away from 50dma
- watch for PB to 50dma support for re-entry or average up for long timers
- weekly RSI also strong , Wkly macd above zero , will gladly buy d PB here
- SP got 6.70 in sight , wait patiently for PB
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:39pm On May 03, 2017
Zenith
- the big banks turning up on d volume chart with strong price actions
- big volume , big price action the real test is N16 resistance level ! !
- watch for sellers
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:34pm On May 03, 2017
GTbank
- big vol today
- closed at 27 resistance level , expect sellers turn up
- 3rd time within a year its touching this level
- looks like a rising wedge if trace SP to April 2016 when SP was ard N14
- weekly looks good
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:26pm On May 03, 2017
fxuser:
UBA breaks above 2016 high ! If you sat still here , u did well .
Further break out , weekly looks good, will buy d pull back here.
(same goes for the big 4)
UBA
- SP breaks N6
- expect minor pull back ..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:19am On May 03, 2017
Princkez:
i think so because it closed on a little bid
Yhup
Prev CP 3.34
OP 3.45
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 9:34am On May 03, 2017
Princkez:
go push am nah
Will it open above yesterday close ?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:26am On May 03, 2017
otokx:
Sometimes the obvious simply disappears.
umm d disappearing object phenomena (DOP) !
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:01am On May 03, 2017
Obalende:
From what source were you able to determine this?
UBA breaks above 2016 high ! If you sat still here , u did well .
Further break out , weekly looks good, will buy d pull back here.
(same goes for the big 4)
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by fxuser: 1:04pm On May 02, 2017
fxuser:
Stanbic
- breaking above GT
- very strong +ve sentiment still
Zenith
- breaking above N15 resistance

GTB
- testing N27 , prev resistance

Watching the Big 4 for pull back entry consideration this month

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