₦airaland Forum

Tritri:
GTB will drop to 17 naira this time.

- haba, wicked !
- lol

BullBearMkt:
UCAP ENTRY POINT: PATIENCE1 PATIENCE2 PATIENCE3

abi o , a lil more patience

Intendy:
stocks with new 52 week lows

Transcohot #4.58k
custodian and allied #3.23k
Honeywell #0.92k
Lafarge wapco #37.05k
Ashaka #10.36k

turn by turn continues

binaflexia:
....So where those men wey say dem go mop up UCAP at 2.50.
Food don ready ooo...now on full offer @2.45

- nice hammer formation !
- eager bulls were pushed back to submission !
- good set up loading
- patience

Zenith bank
- this breakout looks like a fake out
- anything short of a close over N15 wit good vol is not valid

#justObserving


FBN

- breaking N3 , dat defence is breaking down

FBN

- the support at n3.00 be like Arsenal defence . .

#kidding oh

BullBearMkt:
I am not "brother" . Just thought of using my experience to help someone out there. You guys have being helpful too in series of fundamentals & useful information posted on the forum.

please go ahead !

DeRuggedProf:
@ Loco, these men are waiting for market to open today....

loll
#dead

Oando
- managed to close above n5

Access
- bears spoiled the parri
- SP looking for support

Zenith
- clawing back & breaking the sell off

nestle
- breaking out , closing above N700 onn growing sentiments
-

Transcorp
- mini break out trial
- bears waiting in front to test

Orijin bitters !

locodemy:
No be wetin you suppose ask oga fxuser before embarking on this long journey.
Abeg oga fx,reduce your hand in the analysis make the bobo no faint on top your head.

loll we all have itchy fingers but d dust never settle .
needs 2 weeks minimum

Tritri:
Pls what the analysis on UCAP?

- fear not
- late buyers /comers prior to closure are the ones in shock , mkt is taking back d joy of dividend expectation . .#wicked
- RSI in all time lows !
- patience
- lets wait for support

Tritri:
AM FINISHED

lol u pple

fxuser:
FBN
- gradually and reluctantly coming back to N3.00 in hope of support
- the support area is crowded with bargain hunters, long term players , jijo peeps and bebelo

FBN

- as expected , closed at N3.00
- back at the psychological tested support zone
- patience, bears still ard

Intendy:
stocks with new 52 week lows
fidson #0.90k
updc #1.79k
livestock #0.71k
no new 52 week highs

na turn by turn

Oando
- quietly breaking N5 with decent support with no noise
- we see u

Diamond is now trading below Fidelity
#penny warriors

UBA

- turning resistance to support at N5 but everyone is looking at their back lol
- the real test is crossing d most recent high, any failure will be meet by a decent pull back

FCMb

- still no liquidity

Guinness
- testing new lows !

FBN
- gradually and reluctantly coming back to N3.00 in hope of support
- the support area is crowded with bargain hunters, long term players , jijo peeps and bebelo

Dang Cem
- macd below zero line
- macd below below signal line
- RSI drops below 50

all bearishness

IMO:
nothing interesting or showing +ve sentiments on the index

Afri Prud
- marked down for 30 kobo div today

jideflash:
Zenith is about to blow up. Stakes raising time

um

- i guessing , ur projecting a run before next week closure

Chibuking81:
March 02, 2017

BUY RECOMMENDATION - ZENITH BANK

CSL RESEARCH | Zenith Bank FY 2016

We have a Buy recommendation on Zenith and a price target of N20.11/s (current price: N13.90s). The bank, in our view, rates well on the basis of cost efficiency, sustainable long-term dividend yield, and stable asset quality compared to other banks

This type of stuff can be very mis-leading ! This same people will keep shifting price target month after month , quarter after quarter sucking in innocent wannbe investors.

BullBearMkt:
It is good to learn how to trade before jumping into it. I started by reading some good books, reading stuff on internet & attending seminars... after these, the real learning begins when you actually put your money at trading (risk). This forum also provide excellent learning; start reading excellent contributions from participants like:- stockbull, Born2beRich1, duni04, locodemy, fxuser, DeRuggedProf, Intendy and others I cannot mention due to limited time.

You can begin by reading this free basics on the Internet: http://www.investopedia.com/university/stocks/
Books
[b]The New Trading for A Living - Alexandra Elder
[/b]Long-Term Secrets to Short-term Trading - Larry Williams

...hope these helps

Listen to THIS daily : ''The New Trading for A Living - Alexandra Elder''

closures , markdowns , price deviation
- prices reflect market consensus
- after a sudden wide deviation from trend after price mark downs. prices will find its way to d general consensus
- i will prefer to go long , there is a reasonable probability prices will find its way to the prev mood.
- fundamentalists will be watching PE's and Q1, I would prefer to bet on their sentiment
- will gladly put a 5% stop loss

#WhoKnowsReally

Tritri:
@DeRuggedProf , @fxuser , @locodemy , @Intendy

Do you tink UCAP will deliver this year as it did 2016?

big question !

- down -22% this week , tnx to mark down & profit taking off the tops before closure, SP dropped below 50dma
- however the 50 dma is still above the 200 dma , so the long term trend is still up
- winning stocks keep winning , so we watch for re -entry at support