₦airaland Forum

fxuser:
Oando

- still squeezing withing a range , anything is possible

fxuser:
dangFlour
- buyers push back

yok:
NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 8
OCTOBER 2018

Again on 8th October 2018 MSCI no movement in MSCI Portfolio. We can confirm from http://portfolios.morningstar.com/fund/holdings?t=NGE

Market still bearish, very limited opportunity for any big move. Best is to keep our emotions under control. If it was before I would have been tempted to start buying some equities that has falling drastically in prices (all in the name of buying value, but I know that may be buying Valium).

See below, I could have bought Honeywell flour, but the moving averages are telling me “Red Flag”, don’t enter), the gap between the moving averages is screaming- price on full down trend. Trading with moving averages and candlestics looks so simple, but alas we all ignore simple things [/b]and[b] look to complicate things for ourselves (I forgive myself of my old sins in this respect as I was equally guilty then, can you imagine that I stayed put in Skye due to very low PE ratio, or is it KILL IT RATIO since the bank is now dead).

For today expected high and low will be: High 32486.44 [/b]low at [b]32393.41


In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).

N:B



1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

fxuser:
Transcorp

- 1.30 resistance remains
- sellers are eager here

Mpeace:
Meanwhile fcmb mm na baba.

fxuser:
Update
- SP breaks & closes above above 20dma 50dma
- positive RSI div on d daily holding up well sig dat bears losing their grip (other ex: fidelity, fcmb & be be lo )
- decent price action ard d 78.6Fib level (an important level)
- even weekly macd shows buy cross over though below d zero line
- daily macd in tandem with RSI
- good consolidation here

#Like


if this is not a sig , with multiple update , i dont know what it !

#random

fxuser:
Update
- sp above prev closing price , last wk pin bar is hard to ignore

Mcy56:

Dont let stcool hear you o.

Mcy56:
It's this post that made me to check FM price, dont know the price had dropped that much!
It is well o.

DeRuggedProf:
ACCESS refusing to enter bathroom, afraid of losing weight....
The dirt will be replaced by water molecules...
Encourage it to do the needful on time, after all UBA did it without ocmplaining...

fxuser:
Transcorp
daily chart pipu
- inverted hammer today at 1.30 key level , expect some ''possible'' profit taking very soonest

fxuser:
Oando

- very tight BB squeeze

#StillOnStill

fxuser:
FCMB
Vol action
well abv avg vol for d last 4 days

onegentleguy:
On AIICO;
EGM has just ended, with the motion for a SPECIAL PLACEMENT TO A CORE INVESTOR at an offer PRICE of N1.20 successfully passed !!
...and the boared doing well enough to clear some shareholder worries WITH A SOLID...

#BELIEVE
#ANDKEEPBELIEVING

Yayira:
That’s not true.. I can’t count how many times people have come out to thank CP and OGG.. even tho I’ve not benefited from any of their “good calls” just some warnings which I never fail to thank them for.

My bad if he truly mention buying transcop and got stuck because me I know read where him write am..

No one has ever come to attack you fxuser here ‘cause you comments are neither buy nor sell.. na parable since 1900. The far you’ve gone is #Patient

Mpeace:
Those three brothers(diamond, fcmb and fidelity) need to part ways. Them no be mate again.

Mpeace:
I did not buy and keep quiet. I made it very clear here. The other day I wanted to jump out at 1.31 I also made it clear but could not do so as prices fell immediately.
Everyone has his own way of investing. Whenever I buy, I make it know here so that the house will criticize. It helps me gather as much info on the company.
When I started buying fidelity I said it here. I also told loco thereafter that I would add more of fidelity and then wait for uniondac at. 25 rather than enter aiico or prestige.
My sister, I always talk. If u no want hear, na for ur own pocket.
Meanwhile I am loading Oando.

swilo:
Thanks,
From the chart pics, what difference do you watch out for between the bullish wedge formed and the head & shoulders pattern? Apart from the slope of the neck line.

DeRuggedProf:
Zenith is always having Elephantiasis

DeRuggedProf:

Those guys taught me a lesson two yrs back that I cant forget in a hurry.
They are Ghosting experts..