₦airaland Forum

stokfrick:
Abeg fxuser which broker do u use?

Investment-one and Morgan

UBA
- technical summary by TRW
- SP will be testing a major resistance area


Link
https://trwstockbrokers./2017/03/31/uba-technical-summary/

Biggest Losers last week:

Livestock feeds -16.90%
UACN prop -6.32%
GTB -6.04%
Ecobank -5.23%

Others
Transcorp closed at 71kobo

Cautious times remains

Nigeria Index Performance Q1

NSE Consumer Index -11.91% (bloody)
NSE Oil/Gas -6.48%
NSE Banking -0.03%

jp130:
Plz somebody help here

if you're not comfortable with the bank your broker uses , by all means reduce your trading capital with that broker to you can sleep well.

Keep It Simple ( else analysis paralysis will set in)

Cheers

Zenith
- weekly chart forming a hammer sig a reversal (not a rally)
- started this week at N14 , and may end the week at N14
- downside risk looks lower
- N13.50 regions seems to be a tested support area
- holders shud not be shaken
- macd still below zero

if u have not been shaken , no pressure ! chill

robobo:
@ FxUser @BullbearMarket

in your opinion which is teh best barometer to gauge NSE teh full index or NSE 30

wld appr8 if u cite reason for any u go with

thank you

both are aight.
if u have Dangcemt (+/-30% of index) add Nestle, NBrew , Gtbank & Zenith . . u have d mood of d index defined here . d rest is noise

Ucap
- remains d only outlier in d NSE
- 10dma crosses 20dma but under d 50dma but approaching



dis:
its worth having for medium / long time positions
its a stock worth buying the deep always !
good +ve sentiments and reacts well to results also
highly recommended

Index Update / NSE 30
- weekly chart update
- dominant trend remains bearish

Chart Link
https://invst.ly/3kp95

short and long play shud remain cautious !

fxuser:
44m !
nas so so 5m
kilode !

this 41m units offer at 1.17 offer na ojoro ! very dodgy
after 1.17 is 1.25
umm
some brokers wan use people head

duni04:
43M - 0
new world record

44m !
nas so so 5m
kilode !

BullBearMkt:
Market sentiments that is gradual is very powerful than a spike-like sentiment... Spike-like market sentiment do not last...

absolutely the Forte Oil spike versus Ucap gradual

- At the end of the day its market sentiments that matter ! Else Zenith shud not be trading below Stanbic or less than N20 sef

BullBearMkt:
@Loco, there is no cause for alarm...If the bank's fundamental is ok and technical analysis is showing price growth, -ve sentiments/fear will only last but few hours/days...

http://nairametrics.com/alert-fcmb-reports-a-whopping-201-increase-in-profit-2016-fy/

Case studies: UBA (2015), Nestle, GTB, UNILEVER etc (2017)

- Q4 was more decent than Q3

Q4 2016
· Net interest income of N16.3bn, down -1.9% q/q;
· Profit before tax of N2.1bn, against a loss before tax of -N2.1bn in Q3 2016
· Profit after tax of N1.4bn, against a loss after tax of -N2.7bn in Q3 2016

kentoto:
Finally, FCMB result is out, every is one an analyst.

- Nothing fundamentally is wrong with the result.
- no retained earnings
- they are paying dividend
- the dividend yield is competitive at 8%
- most traders have priced in the dividend already.
Make una take panadol make una go sleep.
Rather work your self out over another man's stock position.

- thank you
- a lot if anti-loco sentiments at play !
- oh well , wat do i know

fxuser:
FBNH

- opens at 3.11
- hunters still waiting below N3.00

- Another hammer formation ! #reversal
- professional bargain hunters & JIJO players all cautiously accumulating

Ucap
- bullish day !

ihedioramma:
any of your leg there? .

Nah

FCMB
- bulls taunting the bears further . . 1.27 offers getting attention

Diamond
- on Full offer (dodgy)
- 10m + units traded

Above avg vol alert

afriprud
wapco
guinness
Dan Sugar
Aiico
Lasaco loll

ihedioramma:
@fxuser and locodemy what's your take on nahco?

- my first observation is the volume average .. too low
- it's always trading below a 1m units (only traded 4 times above 2m units in d last 1 year )
- liquidity risk
- still bearish wt RSI making lower highs
- its looking for support ard N2.00 (
- over 5m units traded last week (highest weekly vol since May 2016) #bottomPickers
- its still bearish

FCMB
- bids backs att support level !
- but sides waiting for news

Dis:
heavy here
will help bump support lol

FBNH

- opens at 3.11
- hunters still waiting below N3.00

Zenith
- early +ve sentiments
- lets see if N14 will be tested

Oando
- breaking above 5.20 early

FO
- breaking lows as expected
- weekly macd showing +divergence but it may take weeks as macd still well below zero
- weekly chart RSI still bearish
-

BullBearMkt:
I would like to share your line of reasoning regarding Fidelity bank. Probably some insiders have the hint of the result... With the increase in the power of BEAR along with very high volume, nobody need to be told that something negative is around the corner...

...and on another hand, MM might want to shake-out "weak hearted investors", before releasing good result

...in any case, opportunity to BUY CHEAP is developing

- pull back on big volume ! very dangerous
- SP has not closed below 80kobo in over 90 days
- on the weekly, that was a fresh 6 month low

- if it's a shakeout out , then i'ts a massive one ..
#redFlags

BullBearMkt:
Has UCAP found support at 2.60 or we should look further down?

my thots also
the deep was a good play !
2.60 seems to find some +ve sentiments
wud like to see the 20dma cross back above d 50dma
that big div adjustment made a death cross !

#Observing

FBN
- big rebound
- forming a hammer

FBNH

- over crowded bargain hunters

currentprice:
Airline Services

ohh