₦airaland Forum

fxuser:
- d 4hr TF is a series of lower highs and lower lows
- since breaking the kumo at $82bbl , is nt looking good at all

Brent
4Hr TF ichimoku update
- finding support at 59 levels, chikou span stopped making lower lows hitting d same spot 3 times in a row wt +ve RSI div
- nice gap up early breaking above Kijun and $60 early !
- longs in d game , here comes the corrective wave ! ! !perhaps
- stop is d support

imo: https://invst.ly/9ebsq

#brent #OyelMen

cc:
@currentprice @agba

Transcorp
- four lower weekly closures but last 2 weeks were both Doji's
- looking at d daily , thur and fri had a common factor called . . . . . . ?

see pg 88: d popular book by Steve-Nison


#justObserving

FCMB
- bears were in control pushing price to a fresh yr low at 1.32
- den post earnings bulls turned d downtrend week into a hammer candle
- a break above prev week open adds strength
- we de wait mkt opening

Fidelity
- dat friday price action turned d week to a serx dragonfly
- wat comes next will shed light

Access

- similarities to UBA
- price broke below 50-ema since March (bearish start) wt MACD also breaking below Zero line
- strong close last week , also forming a weekly hammer (reversal candle)
- +ve div on d daily and weekly TF , suggests further bearish fatigue
- all d 3 banks rejecting a close below N7 lollx , bears wicked
- no clear trend reversals but possible upside incoming , maybe a corrective wave ! !
- weekly TF suggests +/- N7 region is a very important psychological area, its acted as support and resistance in past yrs
- it also coincides with 0.618 Fib level using 2016 low point to 2018 high point
- cleary a weekly closure below dis area is STOP for recent entries (riskMgt)

link: https://invst.ly/9e6mb

#JustObserving

Yayira:
What is MACD ?

- a trend ff momentum indicator

Yayira:
I can’t wait for Monday to call someone on this diamond bank least..
Trying not to jump into conclusions to avoid burning my fingers again..

Cash from UK subsidiary coming in
National license with 5% off
Dozie sounds very confident about their Eurobond
Hmmm something tells me this bank ain’t dying anytime soon.. infact if pascal and his son can inject some cash, bank will be right back on track sooner.
...plus most their debtors are into oil and gas, with the recent rise in oil paying part should be a problem..
Can’t wait for their q4

@Jejebaba you said the stock is undervalued pls what’s the fair price?

- u get d feeling a new level of perception management push from d bank wt CBN blessing
- friday price action in support

UBA
- price still under the 50-ema (since Mid March)
- but very strong price action on friday (bullish engulfing pattern*ish, https://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2101)
- therefore price shows strong support at N7 area, 2nd time here
- so a possible double bottom play wt RSI & MACD also indicating +ve divergence (gd stuff)
- MACD remains below the Zero line since march, but closing up nicely (no bullish xver yet)
- a brk above the signal line & even d zero line will confirm momentum (timing)
- a break below N7 is nt a good sign , a weekly closure below N7 shud be considered as a stop (riskMgt)

chart
https://invst.ly/9e66e

#JustObserving

dis:
Nil holdings

Zenith
- d daily MACD is reliable and a friend

summary
https://invst.ly/9e5w1

dipoolowoo:
BREAKING: Diamond Bank Restrategises, Gets National Banking Licence
https://businesspost.ng/2018/11/30/diamond-bank-restrategises-gets-national-banking-licence/

When u dont want to dilute ur holdings via necessary cash injection , dis is d last play loll
AGM would be interesting

onegentleguy:
PIVOTAL NOTICE !!

FCMB will be holding a teleconference call, where management will likely explain the financial Nos behind the banks just released Q3 2018 print.
...including the astronomical revaluation gains recorded in the fx front, and their interest expense line following from a huge amount in reversal on interest paid over Q3.

Date: Wednesday Dec 5th, 2018.
Time: 9:30 AM GMT-5 (New York)
4:30 PM GMT+2 (Johannesburg)
2:30 PM GMT (London)
3:30 PM GMT+1 (Nigeria).
The teleconference call facility can be accessed by dialling:
USA Access Number: +1 929 477 0324
South Africa Access Number: +27 11 844 6054
UK Access Number: +44 (0) 330 336 9125
Nigeria Access Number: +234 1 277 2430
...and then entering the following confirmation code:
3597963.

#Modified.

we are looking forward to ur notes

''indecision is the thief of opportunity ''

#RandomThot #GoodMorning #TGIF

DeRuggedProf:
http://www.newtraderu.com/2018/11/16/64-power-pieces-of-trading-wisdom/

nice
one of my fav site

Transcorp
- touching 1.12 , but wan form hammer

mendes911:
And they pulled out before that devaluation....

- the only deal sweeter was d sale of oil asset to Oando cowboys for over $1 bln usd faaa just before oil crash and Naira deva

- u can still hear their laughter yrs after

mendes911:
Actis will just look back and laugh in 4D.....

7D sef

dipoolowoo:
This Diamond Bank Shareholder Has Lost N21b
https://businesspost.ng/2018/11/27/diamond-bank-shareholder-loses-n21b/

Carlyle Group bought at N5.40 , the Dozie's wey buyout Actis at > N7 kan wt dollar loan



#lollx #nbst #StayHumble

Beke2020:
Good day sir, what price is Fidelity Bank currently trading?

1.96 i think

refresh:
http://www.nse.com.ng/market-data/trading-statistics/equities

arduino:
Chairman, easy ooooo.......I dey inside this bus biko

- very weak price action !
- trading below lowest ''weekly close'' YTD
- zero FOMO


#caution

Willie2015:
Plx assist with TA on SEPLAT & BETAGLASS

Seplat
- no idea , its at > 650 one day , its back with offers at N600 d next


betaGlass
- bearish with no vol participation

fxuser:
Fidelity
- Last 3 weeks , all hammers under the N2 resistance
-

short term bullish fatigue !

fxuser:
FCMB
- doji week !

weak start

DeRuggedProf:
Help us with TA on LAGGARD WAPCO..

Falling pattern still breaking prev lows , no clear bottom or reversal sig
Weekly RSI is in bearish sweet spot



#FunFact: ''Nobel Prize winning Psychologist Daniel Kahnemann was intrigued by the knife-catching phenomenon and together with Wall Street Journal financial writer Jason Zweig wrote a book about it ''Thinking , FAST and SLOW''

Jonathan:
Somebody please help me with the list of companies in NSE 30.
I don search online tire

we will mark u ZERO for research lollx

Link:
http://www.nse.com.ng/market-data/trading-statistics/indices

FF:
click d drop down !

Select :
NSE 30

Trading Platform
- seems to be doubling any orders !

#nawa

mendes911:
LOL. It's quarter to full offer.

lolx
1/4 to half empty

currentprice:
here is it brov


http://www.nse.com.ng/Financial_NewsDocs/24093_DIAMOND_BANK_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

- is dat full offer ?
umm

fxuser:
$70 brent gone from support to resistance !
issa new trend for now

- d 4hr TF is a series of lower highs and lower lows
- since breaking the kumo at $82bbl , is nt looking good at all

fxuser:
RedFlag Update
- weekly closure below the tight range is nt a good sign
- it's 3.33% above its 52-week low of N4.50, set on Jul 19, 2018
- is price getting ready for a new low ?? #umm

Oando
- still a redFlag
- unable to break back into that prev range ff by bearish week

#RiskMgtAdvised

Dis:
dont hold any

fxuser:
only making observation


transcorp
- bearish xver at 1.32 , now breaking back below d kumo umm

#another Observation

- if u sold d bearish xver above
- current level is interesting , last week doji yet to confirm wat next
- wait

fxuser:
NSEASI

- failed double bottom
- Index breaking below 32,000 level to fresh yr lows #RedFlags
- MACD rejected at d zero line , dis only adds to injury
- the real mover was GTB , very strong sell off and even gapped down
- Zenith didn't help matters while UBA , Access and FBN forming neutral to bearish posture
- DANGCem keeps closing at N205 for days (nt a good sign)
- TeamBonaza shud be happy with dis new move ..

Dangcem
- 195 closure on a friday . .

#breakdown