₦airaland Forum

Transcorp
- finding some major support
- on big bid

Zenith
- breaking 15
- RSi dropping further !
-

fxuser:
Fidelity 86 kobo
Diamond 86 kobo

#wicked

both leading d vol table

binaflexia:
UCAP now on full offer @3.71
The pull back fxuser earlier predicted

this pull back get comma !
Seems market just wants to mop at 3.71 !

Fidelity 86 kobo
Diamond 86 kobo

#wicked

Transcorp
- finding support

FBN

- further pull back ! N3.50 cud not hold the bears

fxuser:
Ucap
opens higher
RSI in sweet spot above 70

some pull back expected , interesting day

Ucap
opens higher
RSI in sweet spot above 70

Zenith
- touched 15.22 during last mins of trading.. forming a doji !
- wud be nice if it breaks N15 before the pull back loses steam

i simply ff sentiments ! news is a distraction. learnt d hard way and still learning

DeRuggedProf:
This will be the next UCAP.....I rest my case....

was looking to average up below 1.25 ! the market marker na full craze man !
we wait and see

OBAGADAFFI:
Oga, what is your take on Leadcapital SELL recommending for FCMB and FBN.

I don't really have a take and i dont take recommendations form any broker.
They tend lean towards fundamentals , calculating hypothetical future cash flows from recent results et al to find intrinsic value to base their recommendations on what is trading at a discount ! it more than that in this our market. #IMO


Dis:
heavy on ucap &fcmb

FCMB
- market maker sucking out the sellers , only mop up at end of day !

#nice one

uacn
- looking to break below 15

fxuser:
FBNH

- 200dma flattens out
- finds good support at 3.50 (expected)
- good vol also , +20m units traded

- needs to CLOSE above 3.50 to b valid ++

FBNH

- 200dma flattens out
- finds good support at 3.50 (expected)
- good vol also , +20m units traded

Morgan back online

#FYI

Zenith
- some serz offer volumes , needs support

ucap on full bid
crossing N3.70

emmasoft:
Yes Morgan is down.
their commission is low but cost as a result their inefficiency is high!

i wonder if other brokers using Cadata back end is down
( trw , NISL , Sigma and co )

rebekah2011:
A good dividend like 50k and moderate Q1 results will help sustain this stock at above N4.

umm thats just 10.5% away !

Ucap
- opens higher 3.58 !
-

Zenith
- opens lower on big volume

umm morgan platform not werking this am ! !

debeey87:
Pls FXuser, whats the charts saying about SEPLAT.

Happy trading week beloved of the Lord

not liquid enuf for TA

Nigerian mid-tier lender FCMB has sold 5.1 billion naira ($16 million) of bonds, less than it originally planned to raise, at an interest rate coupon of 17.25 percent,
http://af.reuters.com/article/nigeriaNews/idAFL5N1FO3LO

#banks #news #debt

DeRuggedProf:
On my focus tomorrow:
- Diamond bank - No man dies twice, except a coward. I am not one.
- Zenith - dividend expectation, though too early, further pullback may occur.
- Transcorp - Purely speculative. I wish to find out if this is TRANS-CORP or TRANS-CORPSE ( the heat is different when your cash is involved)

Diamond has killed a lot of portfolios ohh !
the recent JIJO rally wa another sucker punch
that rally started when price broke out above 0.94 (2 doji's and 4 big green candles to 1.25)
Macd is back below Zero again ! the 4hr chart shows a better picture

THIS:

'' Supports and resistances will be severely tested severally in strong stocks before that div is MERITED...''
- @DeRuggedProf


#valid #FebOutLook

DeRuggedProf:
Supports and resistances will be severely tested severally in strong stocks before that div is MERITED....
Fasten you seat belt...

lol at HUNCHISTICALLY but Spot on sir

GTB
- N21 is the next support to be tested
- Macd is dropping below Zero sig bearishness
- RSI dropped below 40 on Friday- bearish
- RSI broke a prev support trend line (line joing recent lows)
- big red candle with above avg volume on friday
- 20 dma is crossing below 50dma
- All this started after a failed breakout attempt at N26 levels , market pull a a FAKE OUTwen it opened at 25.60 (chk 27jan)

You are right , short term players shud BRACE indeed. Will d new support hold ? We wait and See

nice one

Last week
Forte oil down -15.14%
Total -10.36%
Nestle -9.33%
Uacn -7.37%


bearish big caps

YTD
Nse Consumer Good index -11.20%
Nse Oil/ Gas -7.91%

bloody start