₦airaland Forum

currentprice:
on the current pullback, as soon as i saw many stocks go above fairprice. i smell pullback coming. i informed the house in my own way a week ahead of this bears. i hope some member will remember the kind of reply i received

cc yariya & co
cc Toluway

a return to equilibrium

fxuser:
FBN and Fidelity , both making the top 10 losers list with double digit pull backs !

umm

seems d banks want to giv insurance a run for top losers this week ! !

who vex that grizzly bear feeding on big banks yesterday ! !

fxuser:
FBN
- last week was super bearish , closing lower daily back to back
- wait for the daily support to est .. cud test lower
- price is down -18% from highest daily closing high (N14.75)
- if ur entry is just above N12 , just calm dan
- if ur entry is above N14 , u don buy small monkey . stop loss wud hv made me sell if i was in such position
- watching this closely this week to month end

#JustObservingCharts

same goes for access and uba !

FBN
- last week was super bearish , closing lower daily back to back
- wait for the daily support to est .. cud test lower
- price is down -18% from highest daily closing high (N14.75)
- if ur entry is just above N12 , just calm dan
- if ur entry is above N14 , u don buy small monkey . stop loss wud hv made me sell if i was in such position
- watching this closely this week to month end

#JustObservingCharts

Stanbic
- lov or hate , only 2 red monthly candles since jan 2017 (SP opened N15.69)


#movingON

Total

- 6 months consolidation ongoing , all above n220 level
- monthly RSI finding support at d 50 level
- highest monthly close in 6 mths is N241
- never been a fan of d vols


#JustObserving

Unilever

- monthly gap up , 2016 highs test to commence

#ChartStudy

fxuser:
Sterln Bank
- having a super 2018
- SP still breaking out , trading above Jan close unlike most

NEM
- also trading above Jan close , still ignoring d feb bears


#JustObserving

Sterln Bank
- having a super 2018
- SP still breaking out , trading above Jan close unlike most

fxuser:
Caverton had a good week ! All the all stars resting

FBN and Fidelity , both making the top 10 losers list with double digit pull backs !

umm

Caverton had a good week ! All the all stars resting

Agbalowomeri:
@fuxer

On a lighter note, you dey search for Men's underwear ni?

lollxxx ! !

Agbalowomeri:
All I want to hear now is what the market is telling me
Una too talk

same here !

Agbalowomeri:
I like correlations alot
This February candle had better turn green else it's not good
Observe every long-bodied green bar followed by a red bar points to something thereafter.
Ideally, should be followed by at least another short green bar

i don't even mind a Doji Month , pref small body
lollx

rationalmind:
I hope that feb candle will not turn out like the one that started in June/July 2016 cos their starting sizes are somehow similar

Wish one can trade these indexes themselves, looks safer and less volatile.

i dont even mind 1 red month candle, its wen d ff month opens lower .. argghh that is d real GET OUT sig for me loll !

Deadlytruth:
I am not a fan of generally bullish periods. This is because very many stocks rise and fall in a frenzied spate that defies most of the established traditional trading signal for timely entry and exit. But in bearish or equilibrium periods the field of play gets level enough for technicals and fundamentals to rule the day.

yeah

- i like pull backs , they expose the quality of my entries and stop losses.

#HumblePies

Dis:
Apologies for posting this charts !
(they take too much space)

fxuser:
Lets Even Look At DOW Monthly CHART

Nigeria Banking Index Monthly Chart Below

- i look to the monthly for clarity

fxuser:
Lets Even Look At DOW Monthly CHART

- Late Comers to ANY Rally (NSE , BTC , DOW , blah blah ) always face the greatest threat during pull backs , they will be surely be shaken out.

fxuser:
- not all pull backs are created equal

Lets Even Look At DOW Monthly CHART

fxuser:
Pull Backs

- always interesting to see d discuss and perspectives on the above matter

- not all pull backs are created equal

Pull Backs

- always interesting to see d discuss and perspectives on the above matter

locodemy:
oga if i buy at this support,my jijo on this stock is nonsense.
Need more red around 1.80 will do for re-entry.

low of d day is N2.05 , not sure we might see such level

fxuser:
Transcorp
- hunters at d support gate
- looks like a daily hammer
- wont mind some at d day low

nice bounce at the support level !

Zenith
- market marker wan do 2.30 ojoro
- under 1m traded all day ! really #yimu

mendes911:
LOL. Didn't you see I had to put "foreign hot money" in quote? You suppose know say na yab be that.

lollx ! i c am sir

Tolktob:
like you said during oando prior announcement ,not a fan of skye bank though but bargain hunter should keep an eye on this .

100m vols back to back with a rejection below N1 shud nt be ignored !

#AnObserver

RabbiDoracle:
Lower highs in almost all of them.

loll abi
very few trading above Jan month end close , healthy pull backs on lower vol thus far.
those who like support shud be busy , those who like break outs shud be observing
month still far

FO
- they won the most YEYE stock last year , seems they are in d lead for d same prize this yr !
#SMH

mendes911:
LOL. You are our TA Expert. And parables are not allowed from someone like you. Leave that to the likes of RuggedProf and Oracle.

Oya, spill the beans a little.

d recent circulation in media is likely fake news and from some mischievous old guards who still hv eyes on this complicated baby.
Dis fight or struggle na local fight , still very very unconfirmed. Nothing to do with foreign, na local boys

mendes911:
Since when did you start speaking in parables?

i de learn from una