₦airaland Forum

DangFlour
- closed below N9 recently ..
- anyways ''IF'' it breaks below MAY low (N8.20 area) . . N6.50 is d next support to watch



#ObservingHere

Wapco
- post q2 fueling new yr lows . .

DaV8King:
E no funny o,, I dey d boat

DangFlour
- its a struggle to break above prev weekly closing in dis mkt
- but price is only coming back to test MAY lows like most stocks but on lower vol or venom #SoFearNot
- the ''possible'' outcome is a positive divergence when u look at the daily chart RSI (other ex: fcmb, transcorp, gtb & be be lo)
- this supports bearish fatigue but not necessary a bounce afterwards , price cud now start sideaways / range action sef .. patience is key sha
- if it breaks below yr low ehn ehn . . . . daz another matter
-

#justobserving

Some random quotes

- In being open to what feels uncomfortable (losses, criticisms, etc.) we learn more about ourselves.

- When you trade for the love of it, and not merely for the money, you tend to do a better job.

- Cultivate patience and nonchalance in the face of losing trades. This will determine your future expression in the market.

- Don't let losses trigger doubts and insecurities. It's not about you. It's just data. Take note, then move on to the next trade.

- If the market is moving against you, try not to panic. Panic will only create problems that aren't there. Refer back to your plan.

- Do not be afraid of uncertainty. Embrace it by being as flexible as possible.

Quotes from @yvanbyeajee

#bless

Weekly start
- very very low vols ... are d bears tayad yet ??

Zenith
- trading early in d week above last week close for the first time in 6 weeks ..
- support is hard to find these bearish days

maishai:
The rate @which dangote cement is going, its like their dream is to be richer than Nigeria, the government proposed a budget of 7.4 trillion and half year someone has captured 0.482triilion meaning that we are looking @ 1trillion full year revenue. the govt might as well divide the budget money into 7 places and hand a portion to Dangote cement

by the time the refinery is ready , we wud hv Dang index separate , dang sector plus dang GDP ex-economy

Zenith
Weekly
- Going for the 6th lower weekly closure , dazz a record

Random Quote

'' I have found it important to remain on level ground emotionally as a trader. For me, in order to avoid being emotionally down during losing '' periods I need to greatly temper the emotional ups during winning streaks. '' PeterLBrandt

#StayCalm

Yayira:
Was the 53 million units traded in zenith a cross deal ? You have any idea if it was ?

not at all !

DOLLARTEX:
Morgan is down.

reboot

overcrowding at some levels ...

mendes911:
This kind of back up call, I never see before. Check out the crowd at 1.05... Could it be that a seller is positioning to cross to those guys. Scary. LOL.

even d MM is getting used to dis wide daily range lolx

Agbalowomeri:
They are all headed to 70kobo

hehehehe

Mpeace:
40milliin transcorp bids yet not on full bid. Winch of fake bids. Lol

half above 1.12, d other half below lol

Fidelity

- also going back to MAY bottom

ur welcome

PETERiCHY:
Dow futures fall 120 points after Trump says he's 'ready to go' to $500 billion in tariffs on China

U.S. stock index futures declined after President Donald Trump said he is ready to put tariffs on every Chinese good coming to the U.S. if necessary.

"I'm ready to go to 500," the president told CNBC's Joe Kernen in a "Squawk Box" interview.
Futures declined after the airing of the interview Friday morning New York time

https://www.cnbc.com/2018/07/20/us-markets-focus-on-earnings.html?__source=newsletter%7Cbreakingnews

umm d Disruptor of all things lolx

#Trumpfication

PETERiCHY:
Transcorp next VALUE ZONE is circa 80kobo BARGAIN HUNTERS TAKE NOTE.

*ThE OcToPuS*

Oando call was spot on !
Buy d fear / panic
Nt sure about this one . .

Fear is ripe

FBN & Zenith

- are d shareholders fighting too lollx
- very wicked sell off

mendes911:
You may have successfully confused me the more. I could only understand "- still bearish on all times frames"

no vex jare
we are in a downtrend (deathCross) and price behaves differently

Agbalowomeri:
When you are through with Zenith at 22, please pass it to me at 14
What are friends for

chai wicked pipu
na una de break all d support
lollx

bigjay01:
Oga fxuser and BBM, what is techy story on FBNH & ZB abeg?

- still bearish on all times frames ... from the breaking below 50ma to under d 200ma
- most stocks 50ma are now well below d 200ma = death cross
- dis fresh sell offs are behaviours of d new trends
- so bounces are now corrections to major trend and they will come


#DeathCrossWahala

Inflow chk
- Inflows from the Investors and Exporters FX (I & E FX) window for the first 14-days in July, dropped to its lowest in 2018, at $1.17 billion, vs H1 average of $1.576 billion '' - fmdq

#noFOMO

musty00:
This type of fall GTB fall today is the one I like. If others emulate, market direction and destination will be very clear, even to a blind man

We can make more money

making a fresh weekly low ( daz over -35% off the yr top)

SP now dropping further below the 200 dma .. its a whole new mkt behaviour

all weekly charts nt looking good at all

Some things can get a lot worse before they get better

#bearish

Mcy56:
Transcorp now 1.20. Na papa bear be this or wetin?

d bids below are calling it loudly to come back

- prev supports keep turning to resistance

- Prof-bear teaching patience masterclass


#deathCrossTinz

Mcy56:
Ondo was static at N3 for longer period few years ago, think in 2015/16 or so. So for some, its still expensive at that N4.75.

fear can do many things to d mind . . . esp wen its ripe & fresh

locodemy:
Anything arond #1.00 is a good buy.Lets hope it will later come down a bit.I am also waiting for it.

chai bearish wickedness

lolx

DOLLARTEX:
the oando fall.4.75!

oando drama sha !

#jitters

mendes911:
If not for this Q2 result, maybe Transcorp would have reached our junction by now. Maybe!

halted the bleeding . .