₦airaland Forum

Ichimoku Kinko Hyo
- every good thing is above the ichimoku cloud also known as d Kumo
- most stocks are below the cloud using the daily chart
- a bullish cross over below the cloud is weaker than if it took place within d cloud or above

Summary:
- be ye more cautious , mistakes are not easily forgiven under the Kumo

#NoteToSelf

Transcorp
- d 50 is below the 200 even though it closed above the 20 (https://invst.ly/7qtpl)
- SP is below the Kumo but above the Kijun & Tenkan (but no bullish cross over) https://invst.ly/7qtpb

pls if u dont know , leave d parable for those who do or ask Agba or Pilot lol.

#JustObserving #CantShout

Long term Trend Check
Method: 200dma
Sectors: Big banks
Week Ending: 15 June

Closed above 200dma
- FBN
- UBA

Closed below 200dma
- Zenith
- GTB
- Access

Reccom
- Sell into the bounce / relief rallies

MSCI Frontier 100
Trend Check (50 vs 200 dma)

https://invst.ly/7qt1j

RandomChartChecks

#WeArenotAlone

Access
- breaking below last weak close !
- d 3 of dem can't hold above n11

#movingOn

Wapco
- analyst says sell , chart didn't get d memo


#RandomJives

Champion Brew
- not d best in terms of liquidity for me
- SP back at a long term support / demand area within a range mkt
- wt some +ve rsi & macd div sig bearish fatigue
- cud form a triple bottom in wks to come .. who knows
any thots ?
https://invst.ly/7qeb5

#JustObserving

Coronation Research: CBN May Raise Interest Rate to Attract Foreign Investors…

Link:
https://trwstockbrokers./2018/06/14/coronation-research-cbn-may-raise-interest-rate-to-attract-foreign-investors/

IMO
the analyst meant ''RETAIN'' rather than attract

locodemy:
I want it at lower lower

we wait and see

locodemy:
All losses cut?
No wonder I no recognize you again as the haircut really disfigure your hair style.

wud u prefer '' all profits taken''

Dangote
- keeps filling d gaps

https://guardian.ng/business-services/dangote-deep-sea-pipeline-to-boost-nigerias-power-generation-by-12000mw/

#Gas #power

Banking Index
- in line with @yok , currently at supply level

umm: https://invst.ly/7qcc2

Zenith
- another lower high in place

fxuser:
Fidelity
- due for a possible pull back after a massive +40%** bounce
- 4 consecutive unsuccessful attempts at closing above the 50dma
- -ve div on d hrly , possible bullish fatigue

Dis:
zero holdings , all losses cut

#back2Observation

FBN
- similar to above

fxuser:
Market
- testing the 50dma , bounce needs rest

Fidelity
- due for a possible pull back after a massive +40%** bounce
- 4 consecutive unsuccessful attempts at closing above the 50dma
- -ve div on d hrly , possible bullish fatigue



Dis:
zero holdings , all losses cut

#back2Observation

Month to Date Performance
- Japaul leads the way

Japaul +64%
Prestige +33%
Nascon +21%
C&I +20%
Transcorp +18%
DangFLour +17%
Fidelity +16%
Equity, Wapco & be be lo

#dyor #takeYahProfits

Market
- testing the 50dma , bounce needs rest

Green Start
- good to see prices trading above friday close early !

Agbalowomeri:
You mean the cobwebs?

hehe . .
oya help d helpless with d weekly outlook ?
bearish , neutral , bullish or buharish

DangCem
https://trwstockbrokers./2018/06/10/security-watch-continues-dangcem/

agba u can break dis one down
lol
#smh

Nigerian Eurobond yields hit new YTD Highs amid weakness in EM Credits…
https://trwstockbrokers./2018/06/09/nigerian-eurobond-yields-hit-new-ytd-highs-amid-weakness-in-em-credits/

Agbalowomeri:
Index is more like an average; thus some components will be above while some below. Please I just spy o, direct further enquiries to fuxer

be like say its best to keep quiet

Yayira:
Smh
In plain English market is bullish, bearish or neutral ?

some are very bearish

General
Weekend charts
- everything resemble crypto charts loll
- breaking above the 50dma is d real war , d bears are holding that line well
- short term opportunity shud be precise and kept short term loll
- d shorter trend lines are all looking down , d long ones are flat and some looking down .. #FLAGS
- dis bounce resemble possible bear trap ! #sigh
- hv seen 2/3 death crosses (seeing textbook stuff is another thing entirely lol)


#nawa

Weekly Trend Check
Using the 40 week MA (also = 200dma)

Above it's 40Wk MA
- Nestle
- Zenith
- UBA
- FCMB
- FBN
- Fidelity

Below d 40wk MA
- NSE Bank Index
- NSE Index
- GTB
- Access
- DangCem
- Nbrew

We need more heavyweights to break back above the long term trend line.

#JustObservingTrend

Crude Oil's Bullish Weekly Vs. Monthly Reversals
https://www.investing.com/analysis/crude-oils-bullish-weekly-vs-monthly-reversals-200323415

bottom line:
overall immediate-term outlook is unclear

Index
- weekly chart looks better than d daily ,
- weekly bullish reversal candles up and dan d index, with stocks breaking back above the 40 wk MA (40wk MA = 200dma)
- bulls won d battle but yet to win d WAR
- Unilever topping the value list wt over 1bln ( na turn by turn dis week)
- will like to see price quickly break above this fri closure next week
- UBA , FBN , Access unable to close above N11 pere !
- tier 2 holding the midfield steady
- its easier to ride a trend than catch a bounce #RandomThot

#EnjoyUrWeekend

Side note:
NSE FYE results is sumfin else oh ! and MTN never list yet
#pepperDem

onegentleguy:
OPPORTUNITY 'dressed in a clean white rope'.

a strong tactical move.

yok:
MSCI MOVEMENT IN PORTFOLIO FOR 7 JUNE 2018/GENERAL MARKET COMMENT

Fund bought some. Although quantity not much. There is likelihood of additional funds coming to the portfolio soon.

Market is currently at a fear Zone, where some investors may likely exit the market in order to break-even.
Therefore, we should expect some consolidation/retracement in the market. Still another opportunity to snap up that your favorite stock if you see the panic selling (this will definitely happen). This is not a time to buy any breakout, look to but at the low price as much as possible.

Looking at the weekly NAV change, the market is still positive.

I am still voting for OANDO a price between NGN6.60 and 6.70 precisely.


Using the fund’s portfolio as a guide, “green” mean buying while “red” is selling.

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.

#quality

Nigeria’s central bank will start to auction the Chinese yuan within the next month at an exchange rate to be set via book building, an official said on Thursday, in an attempt to reduce its reliance on the U.S. currency for imports from Asia.

link:
https://af.reuters.com/article/africaTech/idAFKCN1J40VN-OZATP

#GoodMove

safepaulooo:
So much resistance yesterday to price fall. 29 stocks still gained while 19 lost. Index appreciated. Bearish BULL under watch

DangCem gained 4% . . dats enuf to move d index anyday

Needs to hold on to the gains into the new week

stockbuego:
Exactly bro

News Headline be deceiving pple from time memorial.

#Noise