₦airaland Forum

wow . . its only tuesday !

Agbalowomeri:
You allowed the Orubebe drama to play out

lollx .. Agba man ! no drama lasts forever

GT bank
- nice

Infinitisi:
After missing in action yesterday @fxuser finally drops out from the skye (pun intended)

lollxxx
as soon as i heard about d skye wahala , i expected d 4 - page usual banter about d whole saga , didn't want to interrupt

Brent
- breaking 80 resistance , higher prices to come with shorts squeezed out

(CBN cant complain wt reserves getting a much needed support but d subsidy burden will only get worse)

Entries
- a bad entry makes a promising journey difficult

Oando
- closed below 5 yesterday ... nt far enuf



#Range

UBA
- like zenith
- issa green monthly hammer ! !

fxuser:
Transcorp
- d 50 day moving average is FLAT , still acting as a resistance for now
- price is above the 20dma
- a somewhat Inv H&S pattern on d daily chart
- expect more range , very nice structure build up

#Like

Ichimoku fans :
- we hv a TK bullish xver below the cloud
- price is above d FLAT Kijun
- the chikou span sef don move above price
- price also breaking into Kumo

pls hv a look ...


#like

Transcorp
- d 50 day moving average is FLAT , still acting as a resistance for now
- price is above the 20dma
- a somewhat Inv H&S pattern on d daily chart
- expect more range , very nice structure build up

#Like

Market
- different forms of reversal patterns at different stages

Fidelity
- MM still unable to test below 1.60 without hunters in d way lol

fxuser:
a close above wont be bad, dat wud make a nice green weekly hammer formation

Update
- forming its first green month since jan and its a hammer !

#important

FCMB
- pumping on low vol (AirsServ behaviour)

stcool:
Somebody is seriously increasing their stake in Zenith bank...I doubt we can see this months low again.

- umm

big Caps (ex dang
- weekly patterns suggest further bearish slow down, weekly RSi are rejecting oversold levels wt possibilities of various shades of bounces

Access
- weekly inverted hammer (sig reversal possibilities like d hammer)

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

Update
- another weekly hammer forming ! !
- desperate to bottom

Mpeace:
Zenith at 21 again.

a close above wont be bad, dat wud make a nice green weekly hammer formation

random quote

Law 28

'' If you are unsure of a course of action, do not attempt it. Your doubts and hesitations will infect your execution. Timidity is dangerous: Better to enter with boldness. Any mistakes you commit through audacity are easily corrected with more audacity. Everyone admires the bold; no one honors the timid.”

#mindset

Zenith

- yet to break free from the series of lower highs and lower lows on all frames . .
- wud be nice to see price test this month opening price at N21
- however its forming a Doji week , first green week after 6 red weeks , pulling d brakes on d bears has nt been easy
- i like the oversold rejection on d weekly RSI
- d problem is the reward bounce is short lived , prev highest weekly closing high is at 23.85 (14%'ish away )
- its cooking

#patience

dis:
watching this consolidation closely for positioning rather dan swing

fxuser:
Oando
- peeping above n5 to see were dem Manga people de hide
hehehe

Oando
still a good structure here

fxuser:
Skye
- still doing skye tinz



a decent MTD . .

opened d month at 51kobo !
Sellers be eager a lil now

presco
- hitting new 52 wk lows

#fresh

dipoolowoo:
Zenith Bank's Earnings Will Remain Broadly Stable, Upgrade Remote—S&P
https://www.businesspost.ng/2018/09/20/zenith-banks-earnings-will-remain-broadly-stable-upgrade-remote-sp/

S&P Sees “Very High Levels of Corruption” in Nigeria, Affirms Ratings
https://www.businesspost.ng/2018/09/20/sp-sees-very-high-levels-of-corruption-in-nigeria-affirms-ratings/

Hello house, it is my birthday today.

Happy birthday

#LLNP

stcool:
Oga, umm... is not TA oh!

im waiting for others to help us first . .

stcool:
Abeg oh our TA guys @fxuser & co. I hope all these volume this week on Zenith is more of accumulation and not distribution.

Just asking for a friend!

umm . .

Index
- needs DangCem to test its 52 wk low at n200 and makes up its mind where next ! !

UnionDac
- sellers already parked together

#justWatching

Skye
- still doing skye tinz



a decent MTD . .

fxuser:
Diamond
- trading below its recent highest weekly close set at 1.33 (lower high in place)

daily chart shows a recent series of lower highs and higher lows forming a symmetrical like triangle while the 50dma is flattening out

consolidation or bottoming ??

#Observing

Japaul

- ever re-distributing money amongst retail traders like MMM lolx
(Jegede is watching u pipu wt corner eye)