₦airaland Forum

Top Gainers this Week

Aiico +35%
Unity +31%
Wema +31%
C & I Leasing +25%
NPF Microfinance +25%
Diamond +23%
Wapic +22%
Champion +22%
Sterling +18%
Learn Africa +18%


local hunters have been busy

Infinitisi:
Blood on the streets

All shades of blood ! They shud run into Nyjer ETF for safe keeping now !

tritritri:
Sir what does IFA say about DANGSUGAR.my Patience is falling apart.is it to still hold ?

Looking at the weekly:
- still firmly above the kumo and all the bullish blah blah are in place
- 7 weeks consolidation ongoing, we de enter Week 8 on Mon (loll) ... how long it may go for i dont know boss
- but once price breaks and closes above N22 on the weekly , that's a fresh buy signal worth trading ! bus driver is ready
- stop loss N19 - N19.50 , just below the support level (SP has not dropped below N19 in 8 weeks = strong support)
- patience is key here , just like every other good name in d mkt


dis:
Don't own much , but i will jump ''IF'' ior ''WHEN'' it breaks out of this consolidation. Nice possibilities esp with d long consolidation. This long ones usually carry strong explosive price action.

#Bless

TA peeps

- its a new month , chk your Monthly charts. Plenty long green monthly candles up & dan
- but note stocks that are already trading above previous monthly close , that's a monthly brk out (hv u seen dem ?)
- a good month ahead

fxuser:
at a support level
stop loss N29 area

a very good start to Feb

dis
bought more

Godisfaithful:
http://www.nse.com.ng/Financial_NewsDocs/20805_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC_CORPORATE_ACTIONS_FEBRUARY_2018.pdf

Next is board meeting date

RabbiDoracle:
Dow is plunging.

Una don hear weeen

i wonder how d media wud hv called d headlines if it had dropped more


#interesting

A very very decent start to the month !
Good weekly consolidation with growing bullish appetite
Great stuff ! !

Fidelity and Transcorp

can manufacture support sha
#um

'' Thou Shall NOT be Shaken ''

FBN

- doing what access and UBA are finding difficult lollxx

Zenith

- N31 support looks good , breaking N32 ... that a buy set up for more
- Mon opening will be interesting

Oando

- una see that 138million BUY wall for Oando

lollx

UBA / ACCESS

- dat N13 wall just siddon like wall of Jericho ..
- support needs support

Agbalowomeri:
Ask Yariya. She comes from Ghana

wicked Agba

DeRuggedProf:
The people offloading ACCESS are NOT from this planet....
It seems they have limitless qty.....

i think they are on both sides keeping the range tight and intact till wen they are ready

DeRuggedProf:
Nice one there!
When bulls start cuddling bears, there is little joy left...
I want to help make the new/young investors understand you better.
What our CTA (Chief Technical Analyst) is saying is this, The bulls have 'released', give them time to regain strength....
Sorry, if I offended anybody....

omg lolll

TA peeps / Newbies Only

Consolidation / Pull backs
- when prices are unable to capture its prev or most recent highest closing high ,its possible price is consolidating its prev rally
- u wud notice a lower high is formed on d daily frame , while longer time frame remain bullish
(Ex: fbn , uba , dang flour , dang sugar (triple top sef) , fidelity , transcorp , ucap , diamond and be be lo )
- consolidations are healthy for continuation later on , they signify bullish exhaustion and also help est new support for the next take off
- some consolidation will develop into triangles , flags blah blah
(For More reading: https://www.investopedia.com/articles/technical/02/021102.asp)
- they can be frustrating to those new entrants who expect rallies to continue only to find dis zig zag moves lollx
esp when corporate announcements are ard the corner , they are wondering WHY
- most of the expected news is already priced in ..sadly for new entrants (price precedes news always), however any spectacular unexpected corporate performance news may ginger d bulls from slumber
- wat do i know ...


Dis:
I cud be very very wrong and all dis TA mumbo jumbo stuff is just wiishful thinking loll
Trade ur plan , plan ur trade , be patient . Everybody is usually right in a bullish season


#ChartRants

GTB
- nice support at 48.60 levels

Coolcash1:
Like play like play dangote cement will soon get to N300 per share.... Just hoping Lafarge can achieve half of that price...yours truly go make more money be that o...

in a very unorthodox way !

sky2891:
FXUSER, LOCO, RDO:
Please, can you help review Transcorp?

Transcorpp Update

Monthly remains bullish wt mth RSI at 3 yr high
Weekly ibullish consolidation ongoing wt support at N2 , resistance 2.51
Daily is in pull back wt support at N1.90

Wapco
- gap up opening also
- nice build up for holders

cadno:
My Ogas pls I really need Ur advice on Unity bank urgently
I have been Trapped in the stock even before the share reconstruction days.
Now that it's on full Bid, I feel like bailing out fast.
Please what is pushing Unity Bank ..shares ? Should I sell now ?

demand is pushing it with current tide

DeRuggedProf:
https://leadership.ng/2018/01/31/gencos-foresee-shut-thermal-plants-n600bn-debt/



https://www.proshareng.com/news/PRODUCTS%20&%20SERVICES/Africa-Prudential-launches-first-ever-Registrar-USSD-*4018--product-for-shareholders-/38271

Africa Prudential launches first ever Registrar USSD *4018# product for shareholders

Africa Prudential launches first ever Registrar USSD *4018# product for shareholders

tested this now , works

DeRuggedProf:
....cos I will be feeding the bears with energy boosters.....

lollx .. always miss u , DeRuggedProf
pls no over feed dem i beg , some people hv fingers on sell button unconsciously
lollx

Ucap / AfrPrud
The Dividend Hunting
- all d weekly candles have long weeks above ( means sellers are positioned above)
- maybe like prof said , they ''hope'' to sell to late comers who want bumper div wen announced
- so if your avg holding price is above N4, ur certainly new to this monkey hunting game and ur likely the monkey d hunters are aiming for
(but u dont know , anyways ur'e playing a very dangerous game of too many 'IF's'')
- d real monkey hunters bought last yr

Advice
be ready to stomach the volatility esp wen u see full bid turn to full offer and just know dat it will be find in some days or weeks later.

Excuse my yeye rant

#JustRanting #noMindMeToday #ShuttingDown

Wapco
- building up to retest its 52 week high

mendes911:
I doubt there's any short term trader left in either of them, especially Access Bank.

this access & UBA looks like a big very whale squeeze on d daily
support don jam resistance , very deceptive tactic
when i look at the monthly RSI , i know there is upside hidden in all dis daily bouhaha in d mid term

if person get like spare N50m to N100m ... this is where u can shake d yeye mkt maker into making his move
yeye pple

Recom:
sit tight ..


#MovingOn

Momoney54:
Fxuser I meant what of zenith?

at a support level
stop loss N29 area

Happy Month End Folks

- take some month end profits , mkt has really been good to most here ! A blessed and fruitful month ahead IJN

Access / UBA
- both unable to break n13 on d daily (resistance)
- both hv support at N12 (support )
- testing short term traders patience level lolx

To 2018 Newbies

What is Support and Resistance?

Read link below (but i know most of u wont)

Find Link here:
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance


Note:
- To newbies, the market is not your friend and owes you nothing. If ur expecting some easy cash , ur in d wrong place.
- If u looking for certainty , welcome to uncertainty, we deal with ''IF's''