₦airaland Forum

ihedioramma:
SIR Locodemy we are there o .Brent Crude 57.02 ▲ +0.19 0.33% 12/28/2016

a good way to enter 2017

Access
re-testing 60 RSI , been bouncing off it for a while now
a break above = break out
macd also sig buy

FBNH
pull back ongoing
watch for the support

i think the bank everyone (lots of people i know) wants to rebound is FBN
- over 3 years to bottom
- weekly chart shows a positive long term rsi & macd divergence
- those who bought & held in the last 5 years have been bleeding badly
- this N3 - N3.5 is where d sweet spot to activate that type of strategy #JustSaying

ExLaidback:
The price of crude this coming January is likely to be about twice the price last January...
$$$

surely
Jan 2016 was bloody for , we saw 27/bbl on the 22 Jan , oil has since recovered but the economy lags behind by 3 quarters

My stock for the year is UCAP
- the weekly and monthly charts still bullish
- still my fav going into 2017Q1
- sadly its not that that liquid
- SO is just 6bn units (Afri-Prud is only 2bn units, even smaller)

The JUJU stock of the year goes to
Forte Oil and Dangote Flour

interesting year and much more drama coming in Q1

Happy holidays guys

fxuser:
FBNH
- minor resistance at 3.50
- if it fails to break , na pull back to go reload and try again in d new year

FBNH
-3.50 Resistance still in place
-

Economy
- compared to last year dec , oil price has stayed above $51/bbl thru out this month
- expect reserves to inch up further , but naira issues remain due to unclear fx policy
- CBN will likely continue on the path of selective intervention distorting price discovery
-

angelo82:
Market will close early today @12.30.

Next trading day will be Wed 28th.
Interesting Jan upcoming

FBNH
- minor resistance at 3.50
- if it fails to break , na pull back to go reload and try again in d new year

DeRuggedProf:
Sterling bank is back with multiples of 8154 units again.......

-all at the same price oh
- can total over 10m units oh loll
- wayo market marker

Access
-full bid , sellers don go xmas
-breaks back above 5.60
-ready to break out

Sterln bank

- juju trades continues
- breaks .80

FBN
minor pull almost over, RSI stays above 50

Sterln Bank
- d JUJU continues

Stanbic
- 5 kobo dividend for 2015 FYI

FO
- looking for support

angelo82:
Intentionally controlling the price so that retail traders can sell at loss.

Sterln
30m units traded ! smh

Top Value Trades

Seplat 6.8bn
Unilever 840mln
GTbank 428 mln
FO 280 mln
Wapco 231 mln

DeRuggedProf:
Looks so annoying to me to keep seeing those 8194='22' or 8154='18' scroll by every now and then. It implies that 22% or 18% is being denied some guys from N0.7 reference... .
Devil at work here... .

yeye market marker

angelo82:
It seems the bears are still around here until offers are completely reduced,FO may still loose 30% more.

abi !

FO
- 3m units traded ! buyers mopping the trapped sellers lol
- the JIJO here na next to JUJU level lol
- not for kids

Sterln
- big vols last 4 days
- 22m units traded
- the market marker na MMM specialist lol

Oando
- big vol trades ! typical after news

fxuser:
unlike zenith
UBA
50 ma > 200 ma (bullish)
macd now above zero line (positive momentum)
since it found support at N4.00, it will gradually walk away
na to watch for the pull backs entry points here patiently IMO

weekly chart shows growing positive momentum , higher rsi lows

robobo:
Hello FXUSER please kindly help with the technical signal on UBA and Zenith

unlike zenith
UBA
50 ma > 200 ma (bullish)
macd now above zero line (positive momentum)
since it found support at N4.00, it will gradually walk away
na to watch for the pull backs entry points here patiently IMO

robobo:
Hello FXUSER please kindly help with the technical signal on UBA and Zenith

Been looking at Zenith
bears still full ground
lower highs , lower lows in d past 6 months
lets wait for the support , seems there are more sellers parked ard dat 15 region for now
macd dropped below the zero line mid august and still below
wait

Thunderlicious:
Wapco is bearish in the short and long term. series of lower lows. It may trade positively in the next few days but i don't think it will last

My thots too
-50ma < 200ma (bearish)
-SP still trading below 200ma, 50ma and even 20 ma

Ucap
gravestone doji !
na to find new support remain

Sterln bank
- market market must be some MMM specialist
- above avg volumes traded in 3 days
- finding support above .70
- but its not a liquid stock for those trading > 1m units !

ucap
- big doji yesterday !
- tested 2.94 region (prev all time high resistance
- full rejection, SP dropped to 2.73 level
- then bulls turned up giving support back to 2.80 levels
- this train is not done yet
- Sp closed at 2.87

Today
- quick 3m units sold at 2.74 ( ki olopa toh de)
- Sp opened below yesterday levels
-*** A close above 2.87 is key ***

Ucap
- looks like more profit taking ongoing ! bulls take a break
-