₦airaland Forum

holm:
The battle for the soul of FCMB is fierce and on.

Team99kobo & below loll

fxuser:
- bulls kontinu to push sellers back
- strong breakout

- full bid
- +20m traded (soaked up all the sellers)

Coolcash1:
Too loaded to ignore!

beeni

fxuser:
Transcorp
- bulls still in d game , opened above 90kobo
- 90kobo resistance test ongoing
- expect sellers to turn up with back up !

- bulls kontinu to push sellers back
- strong breakout

-

Stanbic
- bulls break N19 !

FCMB
- this 99kobo versus N1.00 bid/offer game has happened before !
- 98kobo and below are only hoping lolll
- yeye market maker

[quote author=holm post=55738993][/quote]abi nah
> 15m bid below 80kobo
lol nbst

kenmaro:
Thanks very much. So much appreciation!
How about FCMB?

join the support area !

Fidelity
- support is overcrowded

FCMB
- SP at tested support area

Transcorp
- bulls still in d game , opened above 90kobo
- 90kobo resistance test ongoing
- expect sellers to turn up with back up !

fxuser:
FBN

- be rest assured the profit takers are also gearing up once again (resistance level approaching)

- strong opening at 3.80
- a close above 3.62 is key and welcomed .
- still here , we watching

kenmaro:
Please, I need a buy advise(entry price) on the following stocks;

UCAP
Honeywell
Fbn
ETI
and any suggested penny stock for short term investment

FBN - wait for the pull back , prev entry was ard N3. be patient
ETI - let it bleed out jejely , don't try and catch a knife . be patient
Ucap - wait for d support. be patient

FBN
- highest weekly close in d last 6m was 3.69 ,
- SP failed to close above 3.70 and bears pushed back to N3.00 support (buy zone)
- wud be nice to see a weekly break above 3.69
- be rest assured the profit takers are also gearing up once again (resistance level approaching)

fatjo:
Fbn should out this thing already now. Haba

aargh let it slow cook finish !

we have bought the rumour in the hope of selling the news !

FBNH

- strong bullish candle stick
- good price action
- full bid !
- good stuff

FCMB
- prev tested support been tested again
- no shakes

fxuser:
Transcorp
- 80kobo test has begun , how it closes this week is important to d test

Next test 90kobo

Further reading on Support and Resistance Levels

Link
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance

Read time:
Under 7mins

duni04:
Funny thing is when UCAP kept rebounding after hitting 2.9+, i always wanted to sell. But that unknown variable (q1 2017) was always drumming it in me to hold on. I thought we would see another q1 2016 and blast past N3 forgetting that everyday is not christmas, even on the stock market

resistance levels are very powerful ! same with support levels
we are people with common habits in familiar situations esp recent ones

Topics
Reference
Advisors
Markets
Simulator

Search News, Symbols, Terms

Newsletters

Support (Support Level) + SUBSCRIBE
SHARE

00:02
01:48

What is 'Support (Support Level)'
Support or support level refers to the price level below which, historically, a stock has had difficulty falling. It is the level at which buyers tend to enter the stock.

If the price of a stock falls toward a support level, it is a test for the stock: the support is either confirmed or eradicated. Confirmation occurs as buyers move into the stock, causing it to rise. If the price moves past the support level, it means the support level failed, and the market is looking for a new level.


Read more: Support (Support Level) http://www.investopedia.com/terms/s/support.asp#ixzz4eh8V24Dy
#copied

9free:
Results don show?

nop , still cooking

duni04:
UCAP anticlimax. We were all waiting for q1 to break the N3 resistance. Jumped out like a true cowboy without a scratch thanks to the bros that posted the Q1

sell the resistance
buy the support

#KISS

DeRuggedProf:
Bears make money, Bulls make money, but Hugs get slaughtered as they say...

'' When you buy what you do not need, you will soon be selling what you need ''
-

#word

fxuser:
Ucap
- on full offer ! umm

- wont mid some below 2.70 !
- doubt offer will last sef

Ucap
- on full offer ! umm

[quote author=DeRuggedProf post=55707636][/quote]'' you unlearn and re-learn '' -

#FAv

DeRuggedProf:
Just sold my FBNH N3.62.
Sold too early? Maybe I have reached my target....
Let the buyer too make something...

This man
Was just thinking about this ! 3.62 -3.70 is a powerful sell zone !
We bought the rumour in the hope of selling the news , nice move bro
I'm waiting till 2pm ! Lemme see market marker move first

Revibe:
Everything still looks like Greek to me . Been reading" trading for a living " not done yet. Hope to catch up fast.
But pls what's the meaning of Dma.

Daily Moving Average

50DMA
The 50-day moving average is a popular technical indicator which investors use to analyze price trends. It is simply a security's average closing price over the last 50 days.

200DMA
A move through a major moving average is often used as a signal by technical traders that the trend is reversing. For example, if the price breaks through the 200-day moving average in a downward direction, it is a signal that the uptrend is reversing.

Source: google

FBNH
- breaks N3.50

Transcorp
- breaking out early
- takes out 80kobo resistance

FBN
- opens higher

FCMB
- 4m traded early at 99kobo !

FO
opens higher, finding support

Fidelity
hunters have parked at 76 kobo (prev 52 wk low

Manonamission:
I am more impressed with Dufil Prima Foods. They just proved they are the undisputed leader in the noodles market. They fought of competition from Dangote noodles, May&Baker's Mimie and the numerous noodles that hit the market. Wow!

UAC Foods is waging the same war in the sausage segment of the food market.

Dufil is what Dangote is to cement .

DeRuggedProf:
Dangote wants to hit accumulated losses a huge blow and position this one on 'OSBORNE TOWER' soonest, likely after Q2... .

the man is an economy within an economy , soon he will list refinery join . NSE shud consider Dangote Index

Dang Flour
- its not done yet , +ve sentiments remain (rsi, macd)