₦airaland Forum

Wapco
15 close back to back ! #DOJI tinx

onegentleguy:
Also note the part in bold.
whether revenue gaps up or not, NET MARGIN should come in higher by Q4.
Just that I've not had the luxury of time to do a comprehensive analysis on WAPCO.
There was a planned article(titled: Larfage Wapco: A journey with value) that was meant to be a follow-up to my last article on DANGOTE CEMENT.
But WAPCO will surprise many folks. ...with last financial print, there are lots of positives that clearly paints a juicy path to value trajectory.
...if u know, u know !!

It is well.

well done

Coolcash1:
You mean N17.50? That’s the junction I am waiting for it before I board the bus again

chaiii

Mcy56:
Someone mentioned FO....it moved today.
Betaglass have started their manipulations again.
UACN.....strong support at N11.
Wapco.....support at N15.
Overall, the market wasnt that bad today........except for the banking stocks (& few weak ones)................my opinion o.

Wapco
shud test below that n15 , lets see a rejection to firm support
rejected 15.70 day high
umm

UAcn
new 52 week high , taking N11

sellydion:
Thanks my Bros. I know it is a matter of time. No matter how long it takes there would be light after the turnel

I am fully loaded, I only care for advice on this only if I borrow money to buy

- the order flow is taking d fight to resistance

Wapco
- rejected at N16 on friday, strong profit taking
- closed 15.40
- dis is the pull back , shud find support btw N14 and 15
- we wait and see were support is

owolabi5:
Abeg what of MBenefits, the fundamentals are okay and the volume is picking up of late any chance for 50 - 100%,

no idea oh
outside scope

MTN
gap up from N116 prev weekly close ! !

fxuser:
yeah , price rejected below N1.00 again making a dd bttm
consolidation ongoing , shud retest n1.10 sooner dan l8er, close above is a brk adn trigger buy (like wat n19 is toZen)

Awon ti transcorp
- d supply holding ur break out is almost finished , dis cud be ur week


a little TA update from my JJC notes
- N1.10 is very important , acted as major support from 2018 to 2019 July
- the break below saw a further sell off ( average price for most would have been above n1.10
- price has been consolidating under N1,10 which flipped form support to resistance, which makes every holder prior to July to be under water so the supply at that level takes time to diminish in future
- over months N1.10 is the highest weekly close , tested many times with buyers consolidating under forming a long range support just above n1.00
- last 3 week candles is interesting, my summary:
1) the bear trap: price rejected its weekly low retesting below N1.00 support level but closed above
2) Followed by Bullish brk out forming a morning star (see wkly chart), like say the buyers take formation loll
3) then last week *doji* at N1.06 . . . umm

#swingBUY

Hav a blessed week pipu

Intendy:
Stock with new 52 week highs

Uacn #10.25k

Ekocorp #4.85k

OBU #41.00k

New 52 week highs, more highs to come

emmanuelewumi:
Reality, nothing fundamental to support the current valuation if you know you know

NSE still behind d curve , this wud be a nice SHORT play

TLAX:
Have a great weekend everyone after a week of price volatility, optimism and pessimism.

Now I look forward to the weekend when people like @BBM, @Currentprice, @Oracle, @Fxuser and sometimes @Agba come to give us lecture on charts and interesting investment riddles devoid of stock market price movement distractions.

hehehe
d real work starts on d weekend
but what a great week into 2020
all d fav's discussed here for months closed higher than prev week and above prev month (bullish water)
some gave back gains more than others = profit taking is allowed nah
some stayed ard weekly highs = strong support , more upside , pull backs will be shallow
some just above monday opening but lost d drive by friday = a lil more pull backs expected into support levels , wait d support

good start

UACN

- 52 week high is here
- if ur waiting for the bull back , seems its not coming yet

emmanuelewumi:
Not advisable to buy BUA now, but to sell if you can get a buyer at the current price.

The core investor is the one selling and buying from himself

deriz a name for dat stunt i think . .

emmanuelewumi:
Destination of BUA cement is sub N15

lollxx wicked

some evidence of bull mkt is you will likely pay higher to get back in unlike a bear mkt u keep avg down

#AVG-UP

[quote author=fxuser post=85665351]update
engulfing weekly , back abv 200-ema
another golden cross set up

#bullish #Buy

/quote]

pre mkt
breaking out further above prev high
fresh upside
still a buy
no fear

#stillBUY

sellydion:
So golden cross is still outstanding, please alert us when it eventually made it.

brokers are will do special Jan thanksgiving , d vol to date so far is sumfin else

Index movers turn very bullish

MTN
- made a U turn with no brakes , #nbst

DangCem
- was bending before , but dat downshift is sumfin else

Nbrew
- slow bends

all price actions are not created equal, breakouts or pull backs etc but dis carrier just left d grd

fxuser:
- FF thru
- trigger buy early

#Swing BUY

update
engulfing weekly , back abv 200-ema
another golden cross set up

#bullish #Buy

yok:
UPDATE FOR CLOSE OF MARKET ON 9 JAN 2020- ALL SHARE INDEX

Gain for the week: 9.00%
Gain for the Year 2020: 11.28%


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). This document remains the personal property of [url]Target technical analysis https://twitter.com/AnalysisTarget[/url]

damn
tallest weekly candle in over 2 yrs

#Shift

maishai:
where are the Men in Black to pump Oando............This Fbnh bull era did not carry Oando Along................................... oya FXUSER over to you

lol una too chap Oando , but price has flattened out , needs to break / close above n4.00 !
FBN is still got legs , while d snr brothers (UBA Access) taking a light rest

Agbalowomeri:
Expect Wapco to respond

like Wapco chart , good R/R set up

Mcy56:
BUACEMENT listed at N35.
CCNN delisted.

reminds me of NOTORE , u can price anyhow u want

currentprice:
year high will be recorded thereafter we keep comparing year high with currentprices going forward till August/sept where we expecting year/new low on some stock

if u are not immediate need of cash this month is not time to SELL. price has been breaking any resistance on it way, worse is to pull back to the resistance turn support and vuuuuuuuuuuuuuuum again.

absolutely

Infinitisi:
Number of visitors to thread - increasing

Number of guest on thread - increasing

Number of newbies seeking advice on investing in shares - increasing

Number of posts per day on NSEMPA - increasing

Number of analysis on thread (including the good, the bad and the ugly) - increasing.

Number if fights/quarrels on thread - decreasing.

The bulls are truly here

all breaking out
#fomo

Agbalowomeri:
The bear na 2 years o
From Feb 2018

seems we may see 2018 highs re-test in d near term .
d index breaking out like gold and oil lollx

fxuser:
nbst
even the day low is > prev day close , buyers shewing up d sellers with conviction
very strong bullish price action

dis bulls will need 1 week rest ohhh , at least shake out some weak hands dat FOMO'd

OakPearl:
If you sold your holdings hoping for a PB am sorry.

nbst
even the day low is > prev day close , buyers shewing up d sellers with conviction
very strong bullish price action

a strong brk out leaves people behind , no room for i de go come back lolx

emmanuelewumi:
Zenith bank at N25 will still give a dividend yield of 10%, payable in the next 3 months.

Better than 5% from Treasury Bill

still on still