₦airaland Forum

BullBearMkt:
Is NSE Index Support at 30689.38 too Strong for the Bears to Destroy?
The 30689.38 price level has been characterised with holding forth the BULLS and the BEARS alike in the past. Since 2015, that is 3 years ago, price only went through this important level once. As shown in the chart below, price pass through this level with ease during the May 2017 rally, but in other periods, price has re-bound or outright reverse!

Now the index is bearish and for the past 3 weeks, bears are finding it difficult to break this support. Will the coming week will cause price breakdown to test much awaited 28,000 (78.6 fib level ), or witness a rebound or reversal?

PLAN YOUR TRADES AND TRADE YOUR PLAN

hv a look at $NGE ?
its breaking down

fxuser:
hv a look at $NGE ?
its breaking down

...yeah! ETF always follows the future - it is a derivative. It is even sitting on a more reliable support than NGSE

BullBearMkt:
Is NSE Index Support at 30689.38 too Strong for the Bears to Destroy?
The 30689.38 price level has been characterised with holding forth the BULLS and the BEARS alike in the past. Since 2015, that is 3 years ago, price only went through this important level once. As shown in the chart below, price pass through this level with ease during the May 2017 rally, but in other periods, price has re-bound or outright reverse!

Now the index is bearish and for the past 3 weeks, bears are finding it difficult to break this support. Will the coming week will cause price breakdown to test much awaited 28,000 (78.6 fib level ), or witness a rebound or reversal?

PLAN YOUR TRADES AND TRADE YOUR PLAN-

- likely breakdown
- checking TA of d top 5 in mkt cap , seems nestle will donate first

Please comment on buy or sell decision on NPF microfinance Bank.

Plz comments on buy or sell decision e CI Leasing after Dec 27 post reconstruction relisting.

Nestle
Weekly
- possible heads and shoulders formation, u dont get to see this often
- bearish engulfing last week
- beautiful to watch and see hw it develops

https://invst.ly/9j4cm


#Learning

fxuser:
- likely breakdown
- checking TA of d top 5 in mkt cap , seems nestle will donate first

...anything can happen my broda! I keep an open mind. I look for the level, then signal. Signal is what I am waiting for.

Nestle, Dangcem all lost yesterday, but nse30 still rise! Maybe the large cap with synchronise later, or maybe not. My message though is that NSE is on important level. If you ask me deeply, I want it to fall to 28,000 (hence my ). It makes stocks cheaper to buy

valentinenwoko:
Plz comments on buy or sell decision e CI Leasing after Dec 27 post reconstruction relisting.

weekly chart observation
- breaking down making lower weekly closures
- path of least resistance is still downside

BullBearMkt:
...anything can happen my broda! I keep an open mind. I look for the level, then signal. Signal is what I am waiting for.

Nestle, Dangcem all lost yesterday, but nse30 still rise! Maybe the large cap with synchronise later, or maybe not. My message though is that NSE is on important level. If you ask me deeply, I want it to fall to 28,000 (hence my ). It makes stocks cheaper to buy

hehehehe
- c zenith struggling all week looking for support at N23 , ko easy

Mr fxuser,plz I don't understand your comment to my question

valentinenwoko:
Mr fxuser,plz I don't understand your comment to my question

- means if u just look at closing prices on friday for the past few weeks , its keeps going lower and lower dan d prev wk
- dis is called a breakdown , d current momentum and mindset is bearish
- best to just be on d sidelines while price finds a new support level

hope dis helps

BullBearMkt:
...anything can happen my broda! I keep an open mind. I look for the level, then signal. Signal is what I am waiting for.

Nestle, Dangcem all lost yesterday, but nse30 still rise! Maybe the large cap with synchronise later, or maybe not. My message though is that NSE is on important level. If you ask me deeply, I want it to fall to 28,000 (hence my ). It makes stocks cheaper to buy

My Oga so U and Agba 're waiting for index @28k...i better join una.

fxuser:
- means if u just look at closing prices on friday for the past few weeks , its keeps going lower and lower dan d prev wk
- dis is called a breakdown , d current momentum and mindset is bearish
- best to just be on d sidelines while price finds a new support level

hope dis helps

You and BBM are doing a great job here man. Bless up! #Appreciated.

Mr fxuser, comments on ccnn buy or sell based on the Q3 result that was released.

Who has any info as regards atotal QS of CCNN when merged with kalabamina cement ltd

valentinenwoko:
Plz comments on buy or sell decision e CI Leasing after Dec 27 post reconstruction relisting.

It is not advisable to touch C & I immediately after reconstruction. Just wait for about 2 - 3 months to see how market will correct the price.

Anyone with an update on Vetiva price projection for their usual 10 Most Convincing stocks?

Jejebabaa:
Anyone with an update on Vetiva price projection for their usual 10 Most Convincing stocks?

Lol vetiva wey never break even

Agbalowomeri:
Lol vetiva wey never break even

They don learn their lesson now. Na dat new list go make them jaaa before others.

Agbalowomeri:
Lol vetiva wey never break even

you are a wicked sombodi..
@ baba jeje I remember there was a warning regarding projections I think from nse or so..
it’s either they are obeying or never wake up from shock

Where is Manonamission slf Come and give us vetiva lastest

Yayira:
you are a wicked sombodi..
@ baba jeje I remember there was a warning regarding projections I think from nse or so..
it’s either they are obeying or never wake up from shock

Where is Manonamission slf Come and give us vetiva lastest

Ok well noted madam Yayira.

Santa ain't coming to NSE this xmas.
They've killed the bull, for xmas.

valentinenwoko:
Mr fxuser, comments on ccnn buy or sell based on the Q3 result that was released.

- i don't make buy or sell decisions based on any news (used to yrs ago sha lolx)

i ff price
- d weekly candle formed a hammer wh suggest potential reversal (good sign)
- price was strongly rejected when it hit n14.40 after making a new yr low on thurs
- almost a million was traded for a stock dat barely trades 50k units daily (vol concerns #flag)
- price opened last week at N18 , despite the ''news'' , it closed at n15.70 (nt sure if it was full bid)
(wud hv been better if it closed above N18 , dats a stronger signal)
- now if price opens higher dan d closing , den ur expectations are in order for a ''bounce possibility'' and u can put ur stop at the yr low of N14.40 because anything can happen regardless of news

pls dis is not a buy sig, but if one where to consider , its hw i wud approach d ''possibility''


dis:
i cud be very wrong hence we set stop losses

Mpeace:
Santa ain't coming to NSE this xmas.
They've killed the bull, for xmas.

bears killing it globally , from crypto to stocks .. no hiding place

kolaish:
It is not advisable to touch C & I immediately after reconstruction. Just wait for about 2 - 3 months to see how market will correct the price.

gbam or a few days or weeks sef

FA PIPU

- news coming in on Monday
- dat diamond bank head office go change colour loll
- will shares be polarised or converted at DeProf discount model lol

Mpeace:
Santa ain't coming to NSE this xmas.
They've killed the bull, for xmas.

Don't giv up until 30th dec. anythin can happen.

INSPIRE YOUR KNOWLEDGE WITH THIS E-BOOK If YOU HAVEN'T READ IT B4




https://www.pdfdrive.com/robert-kiyosaki-the-real-book-of-real-estate-d36815307.html

fxuser:
Some 7 day highs

- champ brew
- Japaul
- MayBaker
- UBN
- Forte Oil
- SterLN
- Eterna
- Wema


#PriceActionObservation

Quick look at some 7 day highs
UACN
Wema
Veritas (penny lovers )
Berger Paint
Contisure
DAng Flour
Fidelity (matching top)
Fcmb

and be be lo

#blessedWeekahead

fxuser:
FA PIPU

- news coming in on Monday
- dat diamond bank head office go change colour loll
- will shares be polarised or converted at DeProf discount model lol

better not be true...

fxuser:
bears killing it globally , from crypto to stocks .. no hiding place

Do this MSCI guyz make profits? i wonder this kind loss in 2018 alone.