₦airaland Forum

A light re-fresher on Trends for newbies

https://www.tradingwithrayner.com/best-trend-indicators/


#StayWithTheTrend

DeRuggedProf:
Robobo, I have been around reading and reflecting on your informed comments on this forum.
It pays to listen and pick/sieve extra terrestrial market signals once in a while.
Talking degrades listening.
Any action you continuously take without a conscious break will break you....
Agba's perceived monopolistic hijacking of a 'coke bottled' Eve on this forum is a non legislative item....

@Fxuser, I keenly read you daily.

De Prof
wat sayest d extra terrestial

pluto09:
A significant portion of the profits in q2 is from other income which means the company actually made less money from its operations in q2 than q1....
And finance cost,administrative and distribution expenses ,all jumped up by almost 100% from q1 to q2.. .

umm

GTB & Stanbic
- weekly still bullish , interesting weeks to come
- there is nothing like too high to too low !

#Dangflour


Monthly RSI at over 3 yr High
Monthly chart shows inverse H& S with break above neckline (reversal pattern)
Weekly looks like a Cup & Handle
so many good things here
stop loss 5.90


i dont think Sugar will wait for Flour sha ! both bullish


IMO:
highly recommended for long hold

Agbalowomeri:
Also remove the patch patch they called net fair value on available for sale security

What caught my eye:
- Personnel Expense up by 150m y/y . . .! ! 30% jump
- Gen Admin Expense up 500m y/y . . . dats 38%
umm maybe they bought G wagons for Exec

Agbalowomeri:
Either all time high or Atletico Madrid

lollx chai !

robobo:
.

i beg wetin be ATH again?
na night school some of us go ooo
i beg breakdown.

no vex oga
ALL TIME HIGH
na grammar sch we go

Agbalowomeri:
What if we discount Diamond and FCMB volumes from this? For these stocks, are the volumes bullish or bearish signal? We wait

all d big 4 closed wt over 10m traded and all closed on +ve note

leo1234:
What's the chart saying about UBA?
I noticed it went up by about 10% this week.

all charts show support intact
but its not a breakout until it closes above prev ATH

robobo:
where is druggedprof he is been silent for some days now
hope he is also not abandoning ship like bullbearmkt
abi Oga Agba don pursue prof away?

my thots !

Agbalowomeri:
Not impossible, but market will keep luring people until dawn
You know the feeling when u suddenly realise that you are the only one in the market and security wan close gate, you start asking where is everybody?

lolllxxx
thats like wen u press BUY and u see FULL OFFER after refreshing

lolllxxx

DeRuggedProf:
Profiting from FCMB requires undeflowered TA.
The stock is vehemently wagging an attrisive WAR against almost all fundamental indicators ....

loll '' undeflowered TA ''

Agbalowomeri:
Because when these politicians enter with their wahala, forget all these sup ;Dport and resistance and other technical languages

hehehe !
They say markets reflects all things !
Even Trump cud not slow down d bullish Dow
They wont slow us down , We will break 40k before yr end (na joke oh)

Agbalowomeri:
Na only that election be my problem

d level of uncertainties continues to grow

OakPearl:
Me thinks the recent fall in Treasury bills rates in the last 3 auctions might be having a positive ripple effect on the NSE already.
Happy days may be back if that is the case.

Time shall tell.

#IMO

Absolutely.
Maybe we may see single digit TB next year ! (far fetched ?)
But the economy cud do with some more good vibes , something positively dramatic

Agbalowomeri:
According to fuxer, now that presence has increased here, do we expect a minibull?

lollllx
a mini bull wont be a bad idea
at least d index found support at 35k , even breaking 36k at d close of d week on vol is a good sign

Guinness breaks back above N100 !
#SipOrijin

Zenith
- a close above N25 on vol shud nt be ignored
- if it opens higher on Mon ! just wear ur seat belt

PETERiCHY:
The Diamondbk they refused selling to me @#1.17 I have now finally grabbed at #1:07 walai no Kalo-kalo reach NSE.
All thanks to python dance

that 1.10 offer wall just sits like a fence

fxuser:
Transcorp
- buy walls growing

- No surprises, very decent week
- Full bid

Ucap
- N3 has gone from support to resistance

Transcorp
- buy walls growing

Manonamission:
It might be trying to establish a support pending result release. I don't expect it to continue it's ascent without Q3.

- seems Q3 priced in already !

FCMB
- seems support has moved below N1
lol

CI Leasing
- 1 day full offer , d haters turned up
- now back to full bid , u dont see dem
- kudos to d MM, nice shake out


Wapco
- opens higher !

Diamond
- 89m traded ! !

Wapco
- unlike FO, shakes off been pulled back below N50
- weekly looks good wt SP at a 5wk high


dis:
just observing

Dang FLour !
- support above N6 looks intact with break above 6.50

currentprice:
sorry coolcash the remaining bid is cleared,, don't worry you will still sell at a good price. yet to get to fair value. just be patient for the next cycle

first full offer in days !

fxuser:
Zenith
- wud be interesting to see how much d bank chop from d Life deal
umm

- Breaking above 24.50 !
- shud test prev weekly high !

#CloseTheGAP

Coolcash1:
Got out at N1.72 and re-entered at N1.96 yesterday...

nice
#buyWatGoesUp

Diamond bank
attn newbies
- why the bears despite a decent Q2 ?
- Ans: H1 is never a good reflection of H2 for d past 3 years !
- Impairments can just turn up like FBN ghost workers loll