₦airaland Forum

locodemy:
When will skye bank wahala finish?
Can this move be the beginning of turn around?
make we pray for the bank recovery because their problem also affect other small banks in the sector.

they are going thru a hard reset

Nice article

https://www.ft.com/content/e7898528-e897-11e6-967b-c88452263daf

#stocks

Index moving towards 25,000 !

good week !
more to come

Fbn
- 3.50 under test for support
- 30m plus vol so far

safepaulooo:
I don't underdstand why despite UACN impressive q3 performance SP is heading south. When will fortune turn around for this company, abi na huge debt owed to banks dey kill them

stock prices are like women ! very hard to please
lol

DeRuggedProf:
@ FXUSER, FCMB has been making successive lower closes...1.35..1.34....1.33...1.32...1.31....what is going on 'chartistically'
Can one gamble on diamond now?
Is FCMB likely to pay DIV? Estimate?

loll at chartiscally !

- its a expected pull back after hitting a resistance level
- similar with GTB - failed at 24, Zenith failed at 16
- access failed to hold above 7 , UBA is trying its best to hold on to N5
- lets see if 1.25 will hold some support

Chart
negative divergence spotted
Macd sell sig was on the 18th
Macd above zero
RSI dropping
20dma > 50dma (long term +ve)
looking for support ( 1.25 is first test)

Game play
Some either buy the support after the pull back for trending SP, others buy the breakout when SP closes above prev resistance on strong volume
both require patience

Dis:
Sold some at 1.30 - 1.34 levels
Still very heavy here !
Waiting for support levels and see how RSI behaves
Similar posture with UCAP

Ucap
- looking for new new support at N3.50

Forte Oil
- about to break below N60 !

'' A trader must wait for a proper trade. Waiting can be challenging. Not having a position IS a position. ''

@PeterLBrandt

#TGIF

market maker mopping all d left overs
#fcmb

by their closing prices we shall know !

lancee:
I see am ..ucap on Green as well

even Oando join them
on full bid !

OBAGADAFFI:
UBA, ZENITH, GTB change to turned green.

Even FBN joining them , breaking above 3.50 !

Mpeace:
Who is buying all that FO?

a bottom fisher probably

ExLaidback:
The strong defensive posture of FCMB is being severly tested.

$$$

NBL opening lower
Index dropping further below 26,000

ExLaidback:
The strong defensive posture of FCMB is being severly tested.

$$$

Yhuup ! !
Without earnings result , liquidity will be an issue !

Nestle
- hits 6 month low

fxuser:
GTbank
- RSI breaking down lower
- dropped below 50
- beware

Zenith
- similar to above
- after rejection at N16 ( GT rejected at N24)
- lower RSi's
- beware of downside risk

GTbank
- RSI breaking down lower
- dropped below 50
- beware

Index
- still bearish, (bearish move started late 2014)
- 20dma remains below 50dma

Game play:
Protect short profits
Protect capital

Diamond
- SP dropping below all trend lines

Intendy:
stocks with new 52 week lows

tourist company #3.50k
Guinness #60.95k
no stock with new 52 week highs

Guinness
- more 52 week coming

OBAGADAFFI:
Good results from the banks can change the tide.

That is if the results are good.

u said it
the expectation is wat is delaying the mother bears ! they are coming . .

OBAGADAFFI:
Market red today no be small.

These banks should release their results on-time o.

Bears dealing with Big Caps , starting from non banks . . . .

Ucap
- short term negative divergence still taking place
- SP making higher high while RSI making lower lows
- BUT RSI still above 70 ! so there's juice left in d game
- have taken some chips of the table , still heavy
-

Long play
Weekly and monthly chart still bullish (long term)
SP still above 20dma and 50dma (upward trend)

DeRuggedProf:
Will you recommend a jijo here?

the thot has crossed my mind !
RSI seems to found a support
primary macd still bearish
secondary macd is supportive
umm one can join d bottom bidders for safety and watch, den lets wait till 2.15pm and see
the most important price is d closing price

DeRuggedProf:
What is cooking in DIAMOND?

accumulators are accumulating ! building a wall of support is not easy

locodemy:
What is the essence of investing in a stock that cant pay me dividend and share price deterioting?
what is this kind of investment called pls someone?

called a Devourer
bind and cast out !

Diamond
- huge bids turning up below .96

UBA
- pulling back looking for new support
- N4.60 is next line to support, will it hold ?
- wait

Acess
- similar to above
- macd crosing below signal line
- rsi dropping lower
- pull back ongoing . . #wait

Ucap
- touching new high at N3.64

(new high begat new high , new low begat new low )