₦airaland Forum

Dang Flour
- finds further support above N6

OBAGADAFFI:
Waiting for FCMB to find his level

- adding bids to 1.03 is window dressing lol !

fxuser:
Zenith
- support still holds at N22 !
-

- bearish Supply drying up !
- N22 support seems valid thus far !

fxuser:
Ci Leasing

- still on strong DD

parabolic !

#NoChill

Zenith
- support still holds at N22 !
-

FCMB & Diamond
- both opened at same price (N1.10) um

Ci Leasing

- still on strong DD

Zenith
- seems support will hold at N22
- +ve diiv
-

currentprice:

too strong still
#parabolic

um
FX Window Records $1.323bn Transactions in One Week on Soaring Investor Confidence



#news
https://trwstockbrokers./2017/09/25/fx-window-records-1-323bn-transactions-in-one-week-on-soaring-investor-confidence-2/

ihedioramma:
You are wrong sir/ma . what you see is man in black doing that .

kk

FBN
- d weekly formed a hammer wt a very long leg at 50% retracement level
- signals support

GTB
- closed higher daily dis past week !
- likely to re-test 41 again
- cud be a triple top or a break out !
- we wait and see


#ChartReview

Coolcash1:
This statement cracked me up... Phyton Dance III would be launched when he returns from London, you suppose...

d man shud pls keep quiet oh

Coolcash1:
The thing sef no respect mr. bear at all. Its just in a class of its own.

Waiting at junction KM30... Hope i won't grow grey hair before it gets to this price..

30 sha ! 35 wud be hard !
its on premium watch list , not local watch list like fcmb loll

mendes911:
This GTB money self..... They no fit share am across all stocks? This is not fair at all.

GTB has crowded out the rest of d index from liquidity.

#beast

NSE vs Forum Correlation


- have noticed that during pull backs esp long ones . forum seems quiet
- even d mood of d index is slow xter'd wt weak vols
- during rallies , everyone turns up and u hear where prices are going to
- therefore its safe to say '' buy wen F'(nsempa) < 10 , sell wen F'(nsempa > 15 )



- even d pros advise u buy weakness , sell strength. easier said dan done sha

OBAGADAFFI:
But they keep placing bids

because 0.96 is available to bid , 1.01 now seems high
d mind just naturally gravitates towards bargain ! lolll
bargains and dem wahala .. God help us


#NoteToSelf

OBAGADAFFI:
People should allow FCMB got below N1.

it will
even d MM is interested

Manonamission:
E be like say FBNH don leave me for bus stop wey I dey o My earpiece no gree make I hear horn.

Someone please tell me say na shakara and that the bus is coming back.

na shakara

Jeez2:
Good morning fxuser, thank you for your response, but this your technical language plenty for me shaa oh. If I got you right, the previous upper limit being support means the stock won't trade below it's current price?

No oh
Likely to find support above N1 (wh was prev resistance)

Intendy:
stock with new 52 week lows

Morrison #0.75k
stock with new 52 week highs
Guinness #99.28k

Guinness
- falling knife over

DeRuggedProf:
The stock market is one place that you cannot consistently avoid paying tithe....

Mr market must take some back

Jeez2:
Good evening fxuser, looking at the chat for NEM, would you say that the last bearish candle is a reversal or a retracement candle? If it's a reversal, does that mean that price will go south?

Apologies for the late response !

- Its typically range bound ( a nightmare for investors looking for breakouts or bullish runs)
- it behaves like Afriprud , ContiRE, junior brother lol
- SP traded within a range for over 4 years , never really going past N1 upper limit region
- Recently broke out above the d range during d Q1 bullish rally
- Its possible a new range is developing and the prev upper limit is now d support
- but d daily still remains Neutral IMO


Hope this helps

emmanuelewumi:
Access Bank interim dividend just landed.

aaargh waiting for this also

GTB
- 75m traded
- bids looking healthy

#LikeABoss

PharmAlfred:
What is happening in FCMB? No bid, massive offer.

The 2nd tier banks are not having it good today

umm bears doing dem work well

BullBearMkt:
...thinking 1.00 will be beta! lol!!!

arrghh brother me !
pls 1.10 shud show support .. dis is not fcmb nah

What is a SHAKE OUT ?

- when d current price keeps dropping below your avg average price.

wen it drops by over 10% u start re-think your initial strategy loll
den by over 20% , u start to consider avg'g down if ur liquid loll
den by over 30% , u go into denial and tell urself u will hold forever
den by over 40% , u don't want even look at it anymore



dis:
been there before , dont let it pass d first line

fxuser:
Transcorp
- not a bad risk -reward below 1.20 ohh
- just had to re-check the Q2 summary again

Here:
key highlights of the Q2 2017 results below:
·Revenue of N18.4bn, up +16.7% q/q; up +58.9% y/y
·PBT of N2.8bn, against a loss after tax of –N12.9bn in Q2 2016
·PAT of N2.7bn, against a loss after tax of –N13.4bn in Q2 2016

- my hands are very itchy here

All d buyers have gone to 1.14


#Awwooof lol

Manonamission:
The four banks together are equal to one SIB. Diamond bank is an SIB. My guess: Heritage bank, Unity bank, Keystone bank and FCMB

they have been facing liquidity challenge forever ! yet CBN keeps moping all d liquidity
#ParkWell

Transcorp
- not a bad risk -reward below 1.20 ohh
- just had to re-check the Q2 summary again

Here:
key highlights of the Q2 2017 results below:
·Revenue of N18.4bn, up +16.7% q/q; up +58.9% y/y
·PBT of N2.8bn, against a loss after tax of –N12.9bn in Q2 2016
·PAT of N2.7bn, against a loss after tax of –N13.4bn in Q2 2016

- my hands are very itchy here