₦airaland Forum

fxuser:
Zenith
- closing above the d 50dma for the 2nd week
- 5th positive weekly closure
- d 10dma remains above the 20dma
- positive shift in behaviour


#JustObserving

Ichimoku Update:
- price firmly above the cloud wt a kumo twist
(trend is bullish when prices are above the cloud)

#stayLong

Access

- trading desk chop cain . . they shud hire some from stanbic desk

Mcy56:
That dropping no be here o. I just checked the closing price self.

making fresh 52-wk low

miss intendy alerts

Oando
- refer to Bollinger Band Squeeze

BullBearMkt:
...I just love statistics. It makes you see the real picture. Nigeria is leading the falling pack after leading the rallying packs last year!!!

rotating tinz . .

DeRuggedProf:


There are some very clever ways to lose money...
The cost (N4.20) of each transaction alert for each single unit purchased can buy you 10 UNITS...

true that , those trnx alerts are just ridiculous !

Mcy56:
60s is becoming visible on the board of Aiico, we are patiently waiting.

In another news, someone just bought 1unit of wapic now @40k.

lollx no way

Global Country ETF Performance

Mpeace:
Zenith seen at 24.
20mil bid vs 2.3mil offer

breaking above prev weekly close back to back ! !

OBAGADAFFI:
https://tradingeconomics.com/nigeria/stock-market

thanks for this , also found https://www.marketscreener.com/ useful
but seems investing.com is back

maishai:
BONANZA CREW ARE DANCING RIGHT NOW...........

bigs banks
- d 50 dma is flattening out
- also prices are trading above its short term MA's
- dis further confirms bearish slow down

Zenith
- closing above the d 50dma for the 2nd week
- 5th positive weekly closure
- d 10dma remains above the 20dma
- positive shift in behaviour


#JustObserving

onegentleguy:
https://nigerianstockstobuy.com/wema-bank-annual-reports-2/

Interesting read !! ...though there are still some other positive variables that one should factor in and consider from the result.
We shall continue to ACCUMULATE this stock.

It is well.

- d FA is spotless.
- very few hv q3 > prev yr fye

zenith
- still above its monthly & weekly open

fxuser:
FCMBB
weekly chat
- bearish posture , closing below its prev wk close ! further downside expected
- lowest daily close dis yr is pulling price lolx

FCMB
- d TA is still bearish
- trading below the 50, 20 , 10 dma !

kolaish:
Meanwhile, light is going down on WAPCO. About to go on offer.

d spirit of 52 wk low is at work

Fidelity
Daily chart
- yesterday , price is still in d kumo
- price remains above d 50dma (bullish)

UBA Q3
- q/q ws nt great . . FA pple ?

if earnings wont lift , a slow down is welcomed
#traps

Dangcem
- early vol on higher price umm
- d index support is leaning on dangcem finding support here !

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/23943_ZENITH_BANK_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

d big boys on target for N200 bln FYE . .

#ChopUrMoney

currentprice:
oyel hav lost it, strong support broken. likely to go deep days ahead.

anyway NSE has disconnected with oyal long time ago.

no shaken

50% retracement shud take us to ard $74 level , meanwhile bros Emefiele is blowing the reserves from now till election by fire by force to defend naira ! Down over $1bln under 15 days . . umm

#nbst

Agbalowomeri:
The normal behavior of the crowd is to mill around, make noise, and
go nowhere. Once in a while a crowd becomes excited and explodes
in a rally or a panic, but usually it just wastes time

lolx local noise makers

Zenith
- big vol

onegentleguy:
Thank u !!
But its funny how u smartly excluded the sentence immediately below that 'RUN and ask questions later' part, because u are involved in...

It is well my dear.

- OMG hahaha . . had to recheck again, d Oando part ! ur still spot on, nt for investors at all.

onegentleguy:
My advise:
It's best to stay off LARFAGE. ...unless of course, ur investment horizon is of the very long term. But even then, I'd prefer to remain on the side line until there are signs of a positive change in trend with their financials.
Like I always tell folks;
"When u see a company running a business where COST is growing faster than REVENUE on the back of decelerating EARNINGS and at the same time, they keep coming for ur money, RUN and ask questions later !!
If in doubt, u can indulge the past shareholders of Oando.

DISCLAIMER: NOT to be reckoned as any sought of recommendation. ...when in doubt, pls do well to engage the services of an investment manager/adviser for guidance.

Let's hope that things will get better for them !!

always enjoy reading ur posts

this part:
"When u see a company running a business where COST is growing faster than REVENUE on the back of decelerating EARNINGS and at the same time, they keep coming for ur money, RUN and ask questions later !!

UBA
- still respecting the 10wk ema since march

Yayira:
That man with 333 million naira

lollx dis woman ehn

Ugosample:
any one with ideas on this issue?

d thing about 52 week lows is patience ..

Mkt
- very low vol
- under a 100 mln shares traded
- less than a billion naira traded in value

all bearish fatigue . .

Oando
- wat comes after the squeeeze?

FCMB
- breaking below prev wkly close
- 52 wk low retest loading