₦airaland Forum

Zenith
- 7 weekly candles all below N32 ! #smh

DOLLARTEX:
but this japaul music @.75,what aaaa gwan.

daily gap ups ! 10th day i think

onegentleguy:
...So u've boarded the CAVERTON airline?
sharp man !!

no ohh ! just noticed

onegentleguy:
...For CAVERTON shall surprise a lot of folks in the short to mid term !!
...and so shall it be with DANGOTE FLOUR and DANGOTE SUGAR. ...then the REVELATION !!
...Its surely gonna be a really good ride to the top.

#BELIEVE
#ANDKEEPBELIEVING

NOTE: This should not be interpreted to mean any kind of recommendation. ...DD always advised pls.

sellers no where to be found !

Fidelity
- the MM is busy

Manonamission:
If only it was a bad dream..........

Chibuking81.....I don't even know what to type sef. May God be merciful to you and your family.

Amen

currentprice:
i will love to see their Q1 but base on current Audit report my fairvalue stand at N1450, currently selling @ almost 100% discount

Q1 will give more clue sha,,, waiting.......

Japaul
- still on still, SP keeps gapping up still
- 10 days straight

Willie2015:
@Chibuking81 “The Lord will fight for you, and you shall hold your peace.”

May the Almighty God bring her back safely.

Amen

Mkt Leaders
- despite the low vol Mon start, over 1 bln worth of GTB traded

#bigBoi

Yayira:
Good morning Sir.. anything on diamond?

- also opening higher and full bid !
- market sef don tire to de wait earnings but we wait .. its Q1 im waiting for

Seplat
- hitting new 52 week high at N760

Fidelity
- opened higher and on full bid

DangCem
- touched 290 early , opened higher at 278.1

EduC:
May God protect and bring her back safely, Amen!

Amen

Toluway:
Attention: Agbalowomeri, Fxuser, Mende, Locodemy.
Is it possible to use the volume/bid and offer to predict price movement ?

some analyst use volume for confirmation purposes for a move
big volume in any direction '' may likely '' continue in that direction
small volume in any direction '' cud be '' a fake move

fxuser:
Japaul
- hehehehe d daily chart reminds me of Skye
- Skye holds d rally record for the yr with 16 consecutive days
- Japaul currently stands at 9 days (over 80% gains)
- will Jegede beat Skye's 16 consecutive days ??
- it may just be d same people moving shop up and dan ! loll

Dear newbie,
Re: PennyStocks -PennyDreams
I know you are looking at those penny stocks below 50 kobo with d hope of making 100% gains now now now.
You have been reading comments and wondering why all these so called guru's cant see what you see (lol)
Anyways, be very mindful of Mr Market, he does not know you or owe u anything and in fact wants to take all your hard earned money from you soon enuf
But fear not , it's all part of the learning curve.
Please share your experiences and may your losses be small while your gains be big
Hav fun all d way

Japaul
- hehehehe d daily chart reminds me of Skye
- Skye holds d rally record for the yr with 16 consecutive days
- Japaul currently stands at 9 days (over 80% gains)
- will Jegede beat Skye's 16 consecutive days ??
- it may just be d same people moving shop up and dan ! loll

TLAX:
Abeg....what does the charts say about Eterna and May+Baker?

May & Baker
- highest monthly close in over 5 yrs was N3.88 , back in June last yr after a massive 2 month rally
- since then 9 months consolidation and counting ongoing wt support ard 2.50 levels
- when price falls into a range it can be frustrating for holders expecting momentum
- weekly and daily are stuck in dis ranging band within 2.50 low and 3.20 high approx for months now
- a weekly close above N3.20 offers momentum possibilities else na keep coasting
- patience will be tested here for short term hopefuls
- hope u find this useful

TLAX:
Abeg....what does the charts say about Eterna and May+Baker?

Eterna
- monthly bullish
- weekly consolidation ongoing
- daily remains neutral
- sit still

Transcorp
- caution
- lowest ''weekly'' close in 8 weeks or since closing above N2 on a weekly
- its romancing my stop loss lollx

Fidelity
- caution
- lower weekly closure back to back for over 4 wks
- got in this too early , had to let go

fxuser:
Access
- new weekly closing high

#breakout

still cautious about UBA , Access and Zenith esp for new entrants at this price level
all made lower weekly RSI highs after hitting new highs in Jan
hv learnt d hard way not to argue with charts esp divergences in d short term
but all long term bullish anyways

Zenith

- needs to close above N33 on d weekly to go higher !

Access
- new weekly closing high

#breakout

onegentleguy:
With a mega far less impressive 6% tax to GDP ratio, its clear that 2 things are playing out;

1) Most of the proceeds from the debt that Nigeria has so far raised have not been spent on Capital expenditure but on recurrent ones (what I call silly things that don't generate any revenue).
and

2) Nigeria has not been generating well enough tax to deleverage its debt. ...it's clear from figures that we need to generate more than twice as much cash to help strike a balance on our net debt to GDP ratio, and thrice as much to put us in a better footing.

Nothing new here ! the assumed political impact of re-structuring the balance sheet is quite high in d eyes of political leaders who benefit from the current status quo hence we remain in this eco-quagmire of avoiding surgical balance sheet treatment for short term gratification or relief of higher oil prices injections.

Our life support is still tied to d oil price for now and foreseeable future until we can separate politicians political capital from our economic resource capital. So let's say we even achieve higher taxes collections and good debt/gdp ratio ... do u think d current crop of political leaders wt d prevalent mind set will still achieve more success ?? umm

sigh ! make d oil sha remain above $60 ... till we get things together if ever we do .

Nice analysis @onegentleguy

#WetinManKnowSef

Random

The dream of novice market speculators is that they will continually bask in the warmth of profitable times.

- PBrandt

DeRuggedProf:
I know of a few difficult tasks, one is the profitable allocation of a huge pile of cash ....

loll another one is moving swiftly back to cash to avoid gradual diminution of capital & sanity

sellydion:
Wait you will soon Drink Champagne. Patience is key.

I mentioned my dividend stock (NASCON) a few days ago it has done

15% this week despite this consolidation.

breaking above its 52 week high is a bullish signal

The farther u are away from ur 52 week high , the longer d search for d bus driver loll

DangSugar
- 12 weeks above N20 yet unable to close above N22 on a weekly chart
- now that's tight consolidation and folks can become querulous

Zenith
- still parabulating just below N32 resistance
- a much better consolidation compared to others

pull backs

- they can last longer than u expect
- they don't send your expectations
- you will likely buy too early
- if price keeps dropping below ur avg entry , dont let it go past -10% or -8% better still
- protecting capital is our main job description oh , also protect emotional capital too
- hope is not a strategy , ff your trading plans , if u dont hv one ..