₦airaland Forum

TA Peeps
- Ichimoku Cloud Trading Strategy

Link:
http://ichimokustrategy.com/tag/kumo-breakout/

Some Notes:
Most stocks are trading above the kumo = bullish trend
Chk out Nbrew daily and see if u can spot the kumo breakout developing

#WeekendReading

currentprice:
is 50k stock going to move on monday

market markers will be able drop opening price daily ... great stuff

ananne:
Wapic insurance on a 52 week high ke.

u sef see am , just noticed it now
First 52wk high is a fresh breakout um
Jan to date vol > 70 mln compared to Dec vol of abt 20mln, um big jump
Also Nov had some major cross deals , over 2 bln traded
umm interesting

#JustObserving

Manonamission:
Diamond was on offer at N2.65 just yesterday. Now on bid at N2.64. Humans ehn! We need help

loll

“The intelligence of that creature known as a crowd is the square root of the number of people in it.”
― Terry Pratchett, Jingo

#ReadingAboutCrowds

Transcorp
nice test

Wema
d bottom catchers hv done well

DeRuggedProf:
Inside alcohol?
I prefer Veecovee's bank that does not issue ATM card....

lolx
d forex challenge dat hit all d FCMG's is longer no more .. FA's in d hse will help us with FYE later on
dis one wey CBN de maximize current situation on debt swaps / balance sheet restructuring / Window dressing books.. (same noni)
dis our country na turn by turn .. banks had their turn , fcmg's turn is loading . they will see significant finance cost changes going fwd
all dem non banks are wud hav sent love letters to banks to renegotiate their loan rates else they re-issue new debt at lower levels to refinance debt and be be lo
interesting yr ahead

wetin i sabi

Earlier in d Day:
'' Federal Government would be looking to issue a USD2.5billion Eurobond in Q1 2018 as part of the USD5.5billion fund raising programme approved by the National Assembly last year. The proceeds of the issuance are to be used to refinance short term local debt, specifically T-bills. ''

#news

stcool:
Strong force upwards, stock for the selected few, we get a new 52wks high today market close or monday.

Nbrew
- higher low formation
- a nice place to keep ur profits

pluto09:
That is my problem with TA
The thing drop below N15 people no buy.
Now, it is above N15, that is when TA will tell you to buy.
Never mind the 10% different in price in just 2 days.

No mind me o fxuser, I just dey talk to myself

true that ... oh Oga
i no sabi catch bottom lollx, some people here sabi well well. (Wema buyers are trying themselves)
Me i like explosive momentum trades
in fact , i will rather buy dang flour when the price moves above its most recent weekly closing high esp after this nice recent rest period
it takes momentum to break a prev high
nice one boss ..

fxuser:
DangFlour
- support below N15 in place

support looking firm , looking fwd to monday opening

Mfunkynation:
i just left diamond.... i want to invest d cash today against nxt week bull

umm
wema has no support yet and diamond is just showing some level of support ard the 2.50 level ..

Yayira:
your words are becoming too few.. I just pray one day you don't post blank space. Is wema a good buy or not ?

lollll
hv seen bad buys turn profitable
and good trades turned losses
its risk management dats d koko
anyways lower opening price and still trading at the low of the day is nt encouraging
more importantly , there is no good place to put a stop loss , so best to wait and let the support show itself
it important we trade well always , d money will come if we keep doing so
u sha don make me talk now lol

#SittingStillJejely

Mfunkynation:
fxuser, wema nko?

loll

DeRuggedProf:
It is always much easier to advice people to buy than to advise them to take profit.

words on marble..
entries are never the problem
sitting and doing nothing is a greater challenge

Toluway:
FXUSER, Please which of these stocks can I buy now ?
Dang flour,
Fidelity ,
Access,
First Bank,
and whichever?
Abeg.

Gods-case-no-appeal

all are buys ohhh

mendes911:
FX,

Oya give us stop loss for the following:

Skye Bank
Caverton
Diamond
FCMB

Also do remember that 1k rule is coming up and some stocks will zoom pass 50k and tend towards 1k.

lolll

Toluway:
Please House, having closed my portfolio as a stop-loss measure, really want the market to fully stabilise before I enter the train again, But alas, while this sidon look was just starting, my treacherous Damgote Sugar suddenly broke the resistance level which we have been waiting on for weeks, and even dare to go over #22 ! Dear friends, how I wouldn't like to miss this bus for anything, the way I missed gtb. But frankly, I'm
confused by the present radicalism of the stock and don't know what to do. If miss this bus what remains?
Please help me with your wealth of experience and wisdom. Pleeaasee. .....what should I do?

Buy
Stop loss: N18.50 - N19
See hw it plays out

sky2891:
FXUSER, BBM:
Please, what does the chat say about Cardbury?

Cadbury umm

Daily: bearish (prev -ve div playing out)
Weekly: bearish (on its 2nd week of rest after testing 52 wk high)
Monthly: Neutral (long term consolidation is rounding up)
Trading above 200 ema (long term bullish in support of above)
BUY sig consideration is a close above its recent monthly high of N15.67


Other Observations:
- since breaking below N20 in Oct 2015 , its been consolidating for the last 2 years wt monthly RSI recently hitting a 3 yr high wh is good sign for a ''long term reversal'' .This may take days, weeks or months to manifest , big fund managers like this and will accumulate for long term
- price is also ard 2012 levels wt a similar pattern of RSI breaking into 3 yr highs and price broke out & kept making new yr highs till Dec 2013 wen wen it hit ard N100
- not a fan of the vol so hv not looked at this chart in ages , so many things i ''see '' but let me stop here before i complicate things further i beg.

wanaj0:
My brother, the political risk is exaggerated! Foreign investors are more interested in sanctity of Contract and ability to repatriate their loot. Investors operate in war torn countries! They operate in very corrupt countries. Capitalists are only interested in MONEY. They are happy that there is no MPC because they know NOTHING is changing

The only thing that will drive them away is when your reserves start a free fall and they are not sure how they will carry their loot away. They don't invest with any EMOTION

yhupp .
its all about the money

DangSugar
- close above N22 on d weekly is fresh breakout buy further confirma wud a higher opening on Mon
- further upside is ready
- new stop loss is N19 region
- holders shud sit very tight


#ChartStudy

DangFlour
- support below N15 in place

Ucap
- loads of buyers below N4

mendes911:
FX,

Don't you think reversal will be sudden?

umm Not likely , really cant say. But ''IF'' we see some early positive results wt decent dividend declaration . . . den we may quickly re-test prev highs suddenly

a very big '' IF ''

Pull backs
What I watch for

- if price is trading at d day low , bears are not done at all
- if price is trading above d day low but below opening price .. d bears are still at work but slowing down (allow dem)
- if price is trading above d day low and above opening price .. d bears are getting exhausted (watch closely for higher openings)
- if price is above d day low , also above opening price and even above prev day close .. umm d bulls hv crept in quietly
- and be be lo

NB

- moving further away from support levels
- slow jeje mover

fidelity
- ahn ahn .. dis bargain hunters sef ...

samzepaparazi:
Sir loco. Pls how does one access loan to buy stocks in nigeria

ask your broker if they offer margin

pluto09:
APR
UCAP

standard nominees back to back. I think fidelity will be in 3rd place cud even yield more if price can pull back a lil more

DeRuggedProf:
I do my best not to collect dividend!
Dividend is only forced on me where I am trapped....

umm .. lov dat wave before the closure its a super short term swing trade

DeRuggedProf:
A time that you may pay N3 extra to collect 30Kobo dividend is coming....

OMG ! lol

And the Dividend Yield Award goes to . . . . .

a)
b)
c)

pls help us fill Prof

mendes911:
Reserves that has been stuck at $39 Billion for the past 3 weeks. The more you look, the less you see.

lol dem de cream the top .. , let dem kontinu


#Emefielenomics