₦airaland Forum

Presco
- over a bln worth traded #crossdeals
- palm oil ti take over

Fidelity
- bears not taking it easy , pushing back SP back to 90kobo
- bulls calling for back up

Coolcash1:
Early massive bid for FO...Is like some people have got wind of the result. Imagine someone bidding for almost 300,000 units Team FO hope for the best.

back on full bid
looks like a dobule bottom
#juju tinz

Mpeace:
E be like say morgan capital site no dey work today.

working here
log out and log back in

'' Markets always attempt to shake a trader out of position in direction of a strong trend. Seldom markets make it easy to hold winning hands ''

- ‏@PeterLBrandt

FCMB

- growing support at 1.30 ! Under an hr to go... mr market can do anyhow

Transcorp
- bears still dominating
- SP dropped from prev 90 resistance , looking for new support levels

FBN
- 3.60 support been tested

Access
- sellers breaking N7 support

Seplat
- vol leader so far
- 22.6m units traded (val. . N8.59 billion )

#motivated #goals

debeey87:
When will the MPC meeting close? seems mkt is very dry today o

14:30 live on @cnbcafrica

It's Board meeting Week

Today: Zenith Bank
Tomorrow: GT Bank
Thurs Access
Fri UBA

if this 4 can't lift the index ! nothing will #kidding

ogoo4real:
Fxuser can u please give the same analysis on Zenith and Stanbic as well. Thanks

I think Zenith was posted earlier .
Found resistance yesterday at 15.95, still oscillating at 15.90 region this am !

FBN

- macd is making lower highs while SP is making higher high (-ve divergence) #FLAG
- pull back ongoing
- every time SP touches 3.70 , it gets rejected (see last 20 trades)
- those who bought the N3 support region can take some more profit here
- if it breaks thru , u get back in, if it fails , u wait & re-enter at the next support
- so called ''long term'' holders need not worry so far its trading above 50dma

#justObserving , No recommendations

GTB
Quick look at last last 15 trades
- consolidation ongoing
- trade range 23.70 low to 23.99 high
- macd is flat (& hanging on to Zero line)
- rsi is flat
- very neutral (no clear buy / sell signal)
- any break out could be explosive either way

Maybe investors are waiting for MPC closing and Board meeting outcome.


Dis:
no major holdings

Godisfaithful:
Sir,....And the current black market rate is between N498 - N505

the elephant in room

Tritri:
@fxuser

What ur take on NESTLE, Do you think they will proposed dividend this year?
What price can i buy if they wount be giving dividend ?

no idea sir
rsi is breaking down into oversold levels
plenty weakness

ogoo4real:
What's the way forward for zenith bank. Should we exit or buy?

- cud barely break 15.95 today
- but patience

Ucap (note to holders)
- after making a new high at 3.50 region, its on a expected pull back
- further pull back expected , 2nd inverted hammer formed in the last 4 trading days
- also RSI has been making lower highs has SP was making higher highs (-ve divergence)
- note RSi still above 60 , so support may still turn up
- macd is above zero (bullish) but about to cross below signal line (pull back)
- first support is N3.20 , next support N3 (if support fails)

#FLAG

Note:
this is for short term plays. Weekly & monthly chart still bullish (long term play)

gbaghaun
gbaghaun
gbaghaun

What will CBN do this time ard?

Fidelity
- support still holding on at .90
- resistance have come down to .93
- very narrow field of play btw .91 to .92

UBA
- still bullish
- big volumes

Access
- N7 support still in place

feelamong:
Those of you buying UCAP are very stubborn sha!!

too stubborn , they wont let the thing settle sef

Willie2015:
=N= 20.00

aarrrgh N20 , that's 2015 levels !

DeRuggedProf:
where do you think this stock can reach, CONSERVATIVELY, before div payment.
Upside potential = ?

-if buying pressure can break and close above N16 this week, next test is N17 and N18 (both test have enuf short term sellers)
- the RSI will guide us, its bouncing against 70 for now !

zenith
- lots of early support at 15.95
- 7m traded

Investment One platform
- very SLOW !
- they need to upgrade to new realities


#SideNote

Nestle
- bearish pull dragging the index lower

Fcmb
- further break out expected
- new support found ard 1.30 levels

Fidelity
- still struggling with resistance
- trading within tight range
- breakout would be explosive depending on who wins

Ucap
- further pull back expected !
- new entrants wud be watching closely

Okumu & Presco
- some notable cross deals
- chart looking +ve
- presco has a neater set up for further upside (rsi and macd sloping upwards)
- both trading above 200dma
- palm oil can't complain

dis:
not liquid enuf for my criteria

DOLLARTEX:
This post just confirmed that u are @ogus on twitter!u twitted exactly thesame words on twitter moment ago!nice analysis.i want to be like you when i grow up.

Yhhup.
a blessed and fruitful week ahead.

Its board meeting Week . .

WatchList:
big 4 banks for momentum or support

Access
- rsi still +ve
- N7 test ongoing , its minor pull back !
- 3 doji's in a row
- N7 was the prev high in 2015 before the down trend
- its a long term resistance line , a break above wont be bad