₦airaland Forum

fxuser:
Diamond
- wants to break out
- closing higher in the past 3 trading days

Fidelity
- buyers took d battle today
-

Diamond
- wants to break out
- closing higher in the past 3 trading days

FBNH
- SP formed a graveston doji with a long upper shadow
( suggests that the day's buying buying pressure was countered by the sellers and that the forces of supply and demand are nearing a balance.This pattern is commonly used to suggest that the direction of the trend maybe be nearing a major turning point) see: google
- yesterday , it formed inverted hammer
- sellers and buyers at stalemate
- minor short term pull back expected, lets see if SP will open above & close above 3.51

UCAP
- MACD cross over signal line & above zero on weekly chart
- RSI breaks into oversold region at 78.7
- further upside expected

Intendy:
stocks with new 52 week highs

ucap #2.78k

seplat #410.00k

no stock with new 52 weeks low

been waiting to see ucap on this list
#GetInThere

locodemy:
The hammerer go hammer for oando.........oga source abeg.....

follow @NNPCgroup

fxuser:
Ucap
- seems buyers are winning this 2.70 resistance battle

Team UCAP
- buyers came fully loaded to d game
- we may be testing 2.80 (52 week high) earlier than expected
-

Breaking:
Joint Venture Cash Call exit agreement has just been signed with Shell, Chevron, NAOC, Exxon Mobil, Total & Oando.


ummm . .

FCMB
- breaks N1.10 wt plenty supporters

Diamond / Fidelity
- next in line

DeRuggedProf:
pushed out UCAP @ N2.78...

WAITING @ N2.5. DIVIDEND SEASON IS FAR AHEAD...

For once , I will listen to PETERICHY...

interesting price action
on full bid wt no offers

ETI
- on full bid , no offers
- typical of illiquid** stocks

Ucap
- seems buyers are winning this 2.70 resistance battle

Zenith
- RSI break out
-

Transcorp
- found new support levels
- short term profit takers almost done
- macd crossing over signal line ( still a buy signal )
- +ve sentiment

kolaish:
offers for FO now at 135, seems the rally for FO is now over. Those that bought at less than N100 are now taking profits.

might just be a pull back or shake out ! who knows
nothing falls or goes up in a straight line anyways

GTB
- breaks above 25
- lots off juice still in d bag unlike Zenith
- 50dma stays above 200 dma (sig long term bull / +ve sentiments)

fxuser:
-don't know
-going by taking RSI peaks YTD , shows a breakout
- lets watch today's and tomorrow price / vol action
- SP at N1.10 is breaking above upper bolliinger sef ( d BB is in a squeeze also)

What is the Bollinger Band Squeeze?
The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline.

link
http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:bollinger_band_squee


For those interested in TA

- dec month end / jan pull back on everyone's mind

locodemy:
That means in your opinion,it cant get below 1.10 after touching 1.20

-once it breaks above 1.20 , next test is 1.80 ohh (this yr high)

fxuser:
ur hoping for a triple bottom ! lol #veryWicked

-don't know
-going by taking RSI peaks YTD , shows a breakout
- lets watch today's and tomorrow price / vol action
- SP at N1.10 is breaking above upper bolliinger sef ( d BB is in a squeeze also)

locodemy:
Thanks bro....i know it will test 1.20 before the year runs out but i want to do smallJIJO if it tests 1.20 and my question to you alone is..........do you think it can reverse to say #1.00 after testing 1.20?

ur hoping for a triple bottom ! lol #veryWicked

locodemy:
pls do the needful in fcmb,ucap,oando and fbn....

Onado
- rsi hit 60 and making lower high !
-

locodemy:
pls do the needful in fcmb,ucap,oando and fbn....

FBNH chart
- interesting
- weekly chart sig buy (long term)
- daily chart , RSI breakout into oversold region
- short term profit taking ongoing

locodemy:
pls do the needful in fcmb,ucap,oando and fbn....

UCAP
- still in a strong long term bullish move
- 50dma > 200dma ( strong long term bullish sig, similar to GTB))
- re-testing 2.70 , needs to shake out short term profit takers at d is level
- but enuf support de below
- macd showing positive sentiments
- patience , just hold
- interestingly it open higher than yesterday's closing

locodemy:
pls do the needful in fcmb,ucap,oando and fbn....

fcmb
- first test N1.10
- bids > offers
- macd signal still bullish , rsi breaking above 60
- SP is retesting 50dma
- patience
- d real test is N1.15 - 1.20

locodemy:
oga fxuser....where are you?

i de here boss

ETI
- long term support held
- testing N11

FO
- seems some are cashing out at 142 ! wat a bounce back

Anyone having issues logging on to Morgan?
Loading Page seems to be frozen

fxuser:
FCMB

Ucap
- same with ucap, opening at 2.72

-Sellers park like sardines at that 2.70 junction (prev high been tested)
- Expect plenty rejection while SP will look for new support ard 2.60 possibly


Recom:
Dividend players shud Hold , the real battle is in JAN

ETI
- quietly breaks back above 10
- long term support tested

DeRuggedProf:
@ FXuser, what is your take on ETERNA OIL?
The bid/offer gives me headache in figuring out direction.

- After hitting 3.52, bearish rejection still at play in d short term
- looking for support
- wait for the support
IMO