₦airaland Forum

Eterna
- breaking below N3.00

#BreakingHearts

locodemy:
This is too early......no allow me burst my nica with laugh.

lolll

Fcmb

- opening price marked up to 1.28
- we have left the station , next battle line 1.30

FBNH

- over 150m units traded this week
- 6 month weekly vol high

#JustObserving

Coolcash1:
www.nse.com.ng/Financial_NewsDocs/16834_LAFARGE_AFRICA_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_MARCH_2017.pdf

www.nse.com.ng/Financial_NewsDocs/16842_STANBIC_IBTC_-__2016_AUDITED_ACCTS_FINANCIAL_STATEMENTS_MARCH_2017.pdf

5 kobo loll
#wicked

FCMB
- 1.20 support holds
- buyers taunting sellers out

UBA
- buyers no relent
- SP opened bearish at 5.09, buyers vex with a comeback
- 61m units traded
#action

FBN
- N3.00 support is calling u to come back for another test
-

feelamong:
Let those holding and Mopping the dollars continue...

I have been buying $50 each time Naira appreciates and so far am in a loss position as i started to mop when Naira appreciated to N480....but it is well!

interesting SS led intervention, dollar cash still dropping
Some may consider Emefiele irrational, he can remain irrational longer than expected

locodemy:
Oga fxuser and co.Na today una go chop una dividend money for Ucap.Make una remember say una get brothers and sisters here o as una dey jolly with una families.

Tomorrow go be zenith shareholders and 29th Access holders............gud luck to you all as mine is coming up soon.

aaarghhh my brothers
I left before d closure ohh. I took my div in capital appreciation.

FCMB
- 11m traded (volumes picking up)
- most trades btw 1.19 - 1.20 , so juju last sec trades at 1.23
- we de here still !

leo1234:
How is ucap doing today
One smart guy said he will load ucap heavily yesterday and the stock moved south by 5%

opened lower than yesterday close and closed higher than yesterday close . . #support

Top Vol Trades thus far
UBA 46m
FCMB 7.2m
GTB 4.6m
FBNh 3.7m

Cross trades pushing DangSuagre vol 15.1m

Nice one
Those corrective waves are designed to shake out all shakables loll.
I think the part left out here is the days, weeks and months corrective waves can take depending on ''time-frame'' traded. This can frustrate with the emotions of traders only for them to exit move and the big wave comes.
Cheers

Interesting thread summary by (@IMRiskManager) tweeted at 2:56 pm on Fri, Mar 03, 2017

Book: Reading of Trade Your Way to Financial Freedom by Van K Tharp continues this week too.
Link: https:///wQqb8mBJBv
Link: https://twitter.com/IMRiskManager/status/837663087880712193?s=03)


Fav:
11
Expectancy=(PW * AW) - (PL * AL)
PW=probability of a winning trade
PL=probability of a losing trade
AW=average gain (win)
AL=average loss

Godisfaithful:
Breaking: AMCON sells keystone Bank

Read more at: http://www.vanguardngr.com/2017/03/breaking-amcon-sells-keystone-bank/

Heard Heritage is in a bad shape. Liquidity issues

GTB
- crosses N27 , while others are Faking OUT

Zenith
- breaking below N14 !

failed breakout

#fidelity #fcmb

OBAGADAFFI:
Continental Reinsurance Shareholding structure

A Moroccan Saham Group - 56.57%
Salag Limited -4.14%
Baobab reinsurance -1.65%
Leadway Assurance -1.69%
AIICO PLC- 2.12%
Others -33.83%

held tightly

insurance stocks like cross trades sha !

- i thank NEM and co for pushing me to learn TA. those yeye low p/e back in d days were wicked traps
#randomThots

OBAGADAFFI:
CONTINENTAL REINSURANCE is not slowing down.

yeah , some volume would be nice too
my concern is the RANGE bound behaviour of the stock
in the last 3 years or more , it oscillates btw 80kobo lows and 1.25 /1.30 max highs
but they always look consistently good fundamentally

BullBearMkt:
MR BULL...

Mr Support

fxuser:
Diamond
- breaking out further

opened above friday's close !

Diamond
- breaking out further

FBNH

- support in place above N3
- big vols

Fidelity
- last week, SP closed above 85kobo resistance
- opens with support bids above 85kobo ! Next test 90kobo
- RSI UP , Macd +ve
- looking like a breakout
- Sp back above 20dma & 50dma !


#justObserving

market opens

Richard Rhodes' Trading Rules
https://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:richard_rhodes_trading_rules

#random

'' . . . Buy that which is showing strength - sell that which is showing weakness. The public continues to buy when prices have fallen. The professional buys because prices have rallied. This difference may not sound logical, but buying strength works. The rule of survival is not to “buy low, sell high”, but to “buy higher and sell higher”. Furthermore, when comparing various stocks within a group, buy only the strongest and sell the weakest. '' #Fav

Biggest gainers this week
DiamondBankNG +16.05% #breakout
UnitedCap +15.70% #PostDiv rebound
Continental Ins +13.21%
AfriPrud +9.65% #PostDiv rebound
UBAGroup +9.56% #breakout

emmasoft:
closure date ​​29th March 2017. That means qualification date is 28th March 2017

GTB
weekly chart looks good , daily looks good
sit tight

Tritri:
Na wa ooh..anytym i see order of 1unit .I knw dat ur handwork.

managed to close above 85kobo (very dodgy last)