RabbiDoracle:


If I am to go by interpreting charts o, banks should start to fly by tomorrow. 10 10 percent rise. Where there is maximum fear, the bull lurks around.

There is a strong positive divergence. Very strong.

Oga mi.You see most stocks ended on full offers today and your chart is showing positive divergence?

And you want to convince me that stocks will gain 10 10% from tomorrow?

If you are same Oracle I have been following,kindly give me reasons why stocks that ended on full offers will turn to full bids tomorrow............

veecovee:
Who knows ... can wapco still declare dividend they promised to, without agm meeting, due to covid 19

Covid 19 is killing multiply globally on daily basis and you are here talking of dividend,
Lafarge that will still sell for N6.

STNWAUME:


Covid 19 is killing multiply globally on daily basis and you are here talking of dividend,
Lafarge that will still sell for N6.

@ #6 you be OBA of Benin nah...........

If zenith sell for #5,Wapco at 6 is understatement.

STNWAUME:


Covid 19 is killing multiply globally on daily basis and you are here talking of dividend,
Lafarge that will still sell for N6.

OMG!!! I hope you have not underestimated the laughter that this comment of yours will bring to people who are not on this bus. They will have the same disposition to stocks that they own. Considering we saw Oga Peter hop on at junction 15.

locodemy:


Oga mi.You see most stocks ended on full offers today and your chart is showing positive divergence?

And you want to convince me that stocks will gain 10 10% from tomorrow?

If you are same Oracle I have been following,kindly give me reasons why stocks that ended on full offers will turn to full bids tomorrow............

It looks highly likely to gain so.

And the reversal looks strong too.

What will push it, I do not know. But I am seeing it.

STNWAUME:


Is it not the USD you bought 3yrs ago at N500 with hope of selling N1000?

STNWAUME:


Covid 19 is killing multiply globally on daily basis and you are here talking of dividend,
Lafarge that will still sell for N6.

Laff go tear person belle 4 here ooo

RabbiDoracle:


It looks highly likely to gain so.

And the reversal looks strong too.

What will push it, I do not know. But I am seeing it.

Onifa, how u no know now

RabbiDoracle:


It looks highly likely to gain so.

And the reversal looks strong too.

What will push it, I do not know. But I am seeing it.

Only extraordinary News can e.g

Oil price recovery from news MBS/Putin/ Shale cooperation to cut output

FG / MPC (Naira fully floated / oil downstream full deregulation)

Sudden discovery of a drug/ vaccine for corona

locodemy:


Oga mi.You see most stocks ended on full offers today and your chart is showing positive divergence?

And you want to convince me that stocks will gain 10 10% from tomorrow?

If you are same Oracle I have been following,kindly give me reasons why stocks that ended on full offers will turn to full bids tomorrow............

RSI and MACD (NSEASI) is showing positive divergence on a daily timeframe.

I will prefer a divergence on a weekly timeframe, becos it is more reliable.

robobo:


Only extraordinary News can e.g

Oil price recovery from news MBS/Putin/ Shale cooperation to cut output

FG / MPC (Naira fully floated / oil downstream full deregulation)

Sudden discovery of a drug/ vaccine for corona

It won't be coming from the UK (at least not yet). Full lockdown has just been activated - any gathering of more than 2 people is now prohibited. That is because of our cycle on the Covid curve.

Godisfaithful:


No sane investor will buy that stock for now

Or any for that matter now.
One should be seriously evaluating and checking to see what is going on and how things will shape in the next 3-6 months before doing anything else other wise its a falling knives game that's being played.

RabbiDoracle:


All these traders are hinging their hope on the Senate approval of the stimulus.

This stimulus na real opium of the masses o.

See what just happened today. Welcome to Dow Jones at 12,000

STNWAUME:


Is it not the USD you bought 3yrs ago at N500 with hope of selling N1000?

Sir, I don’t buy USD. I edge my business in USD. Let’s just focus on this virtual world we are lol �

Godisfaithful:


Sir, I don’t buy USD. I edge my business in USD. Let’s just focus on this virtual world we are lol �

Transcorp, UBA, Lafarge, 6 Other Stocks Trade at 52-Week Lows
https://businesspost.ng/economy/transcorp-uba-lafarge-6-other-stocks-trade-at-52-week-lows/

BREAKING: Coronavirus Cases in Nigeria Escalate to 40
https://businesspost.ng/health/breaking-coronavirus-cases-in-nigeria-escalate-to-40/


NSE Closes Trading Floors Wednesday, Goes Fully Digital
https://businesspost.ng/economy/nse-closes-trading-floors-wednesday-goes-fully-digital/

robobo:


Only extraordinary News can e.g

Oil price recovery from news MBS/Putin/ Shale cooperation to cut output

FG / MPC (Naira fully floated / oil downstream full deregulation)

Sudden discovery of a drug/ vaccine for corona

Brent will be super bullish after all these events.

History is repeating itself.

It could surge pass 80+

There will be increased use of energy to restart production, businesses.

Godisfaithful:


See what just happened today. Welcome to Dow Jones at 12,000

Na money dem need . The ground is near.

Economic palliative measures has been front loaded so that once you emerge out of the viral crisis, you collect your check and start to spend.

Production will need to be boosted rapidly. Foods need to be produced, processed and stocked in shelves. There will be rapid manufacturing.

Intendy:
https://thenationonlineng.net/covid-19-nse-to-shut-trading-floors/

Will they also shut down realtime online trading platform?

Chibuking81:


Will they also shut down realtime online trading platform?

No Sir

So as the FED opened the flood gates of QE...$ has been falling since yesterday. Which is the aim, a weak $ will help the recovery process

They remain the most powerful Central bank in the world. ECB & BOJ gives way once FED wants a weak $


Once this virus is sorted the bullish run will be record breaking.

The question is how soon?

stcool:
So as the FED opened the flood gates of QE...$ has been falling since yesterday. Which is the aim, a weak $ will help the recovery process.

They remain the most powerful Central bank in the world.

Once this virus is sorted the bullish run will be record breaking.

The question is how soon?

It is a big question. When will recovery begin?

Many whom were already inside want stock to skyrocket, but when waiting at their various junction, they want stock price to come down
Suddenly they don't want it to go below their entry point. What a sudden change in mind? While some group still needed it at their various junction.

Chibuking81:

Many whom were already inside want stock to skyrocket, but when waiting at their various junction, they want stock price to come down
Suddenly they don't want it to go below their entry point. What a sudden change in mind? While some group still needed it at their various junction.

I want Zenith @N5.00 more than you do I am only stating the obvious with regards FED approach and the US Equity market.

The NSE has its own peculiarities, falling Oil price has its own drag, however I also know that once FED start Open-End QE cheap $ finds its way around the world.

Zenith @N5.00...I will empty myself & all savings inside it.

If I perish...I perish!

Chibuking81:

Many whom were already inside want stock to skyrocket, but when waiting at their various junction, they want stock price to come down
Suddenly they don't want it to go below their entry point. What a sudden change in mind? While some group still needed it at their various junction.

Loooooool

I pity you

Stones go full your head this morning

Chibuking81:


Will they also shut down realtime online trading platform?

They can't ...

veecovee:


They can't ...

You never say never.

Once one foreign exchange does it, you can expect Nigeria to do the same.

Chibuking81:

Many whom were already inside want stock to skyrocket, but when waiting at their various junction, they want stock price to come down
Suddenly they don't want it to go below their entry point. What a sudden change in mind? While some group still needed it at their various junction.

Now you are doing your own abi?

Ministry people

Care4:


You never say never.

Once one foreign exchange does it, you can expect Nigeria to do the same.

Doing that means shutting down the market entirely

I doubt ... they can do so

ukay2:


Loooooool

I pity you

Stones go full your head this morning

I will put on helmet
When I was fully balancing in my Zenith vehicle, waiting for our dividend, group of gang was waiting for Zenith at sub #11 releasing news upon news, suddenly unforseen corona virus surfaces, drive the vehicle to the various junction, and still drive down. As they settled down in the various vehicle, with their wishes of seen upward return, the reality now resurfaces, and has still hold the stick to drive most vehicle to another km 10/20% more.