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Nigerian Stock Exchange Market Pick Alerts - Investment (5836) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:38pm On Jul 02, 2020
Mcy56:

Hhmmm.
Banking supports getting broken anyhow.

Deliberate act.
V-shape recovery is eminent unless there is a bloody news
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:40pm On Jul 02, 2020
locodemy:
Deliberate act.
V-shape recovery is eminent unless there is a bloody news
Loco you still called this deliberate act?
No wonder "nicals" is missing from your "Tech". tongue
You know I asked you on Monday or Tuesday when you said you saw bullish signs if that's what your TA is telling you. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:49pm On Jul 02, 2020
Mcy56:

Loco you still called this deliberate act?
No wonder "nicals" is missing from your "Tech". tongue
You know I asked you on Monday or Tuesday when you said you saw bullish signs if that's what your TA is telling you. smiley

If you fail to see rise in prices by next week,expect below March low soonest.

Support is yet to be broken by majority.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:53pm On Jul 02, 2020
Mcy56:

Hhmmm.
Banking supports getting broken anyhow.

grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:54pm On Jul 02, 2020
Moda1:
Thanks sis
Fidelity is 1.66 now.
Start setting your traps.....

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by S007: 1:58pm On Jul 02, 2020
Mcy56:

Hhmmm.
Banking supports getting broken anyhow.

Panick selling. Major banks already getting to oversold territory. Many of them around another major support level.
Mr history teaches reversal northwards should be happening soon.
Mr time will put things in proper perspective.

DD applies o.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:58pm On Jul 02, 2020
locodemy:
If you fail to see rise in prices by next week,expect below March low soonest.

Support is yet to be broken by majority.
I really wish market could reverse up, you should know by now that I don't really like seeing red on the floor.
I hope it's getting to the peak anyway.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:03pm On Jul 02, 2020
S007:

Panick selling. Major banks already getting to oversold territory. Many of them around another major support level. Reversal northwards should be happening soon.
I hope so too.

Let me come and be going .......before my reports cause panic here......though just saying what im seeing........cos this place is somehow quiet........ smiley

I hope those inside fundamental stocks aren't panicking anyway........las las you average down and everyone will be alright.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:03pm On Jul 02, 2020
Mcy56:

I really wish market could reverse up, you should know by now that I don't really like seeing red on the floor.
I hope it's getting to the peak anyway.

Economy is re-opening.people are selling to put businesses on a good stand.This is the only thing I failed to apply.

Still expecting a v- shape recovery soonest.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:05pm On Jul 02, 2020
locodemy:

Economy is re-opening.people are selling to put businesses on a good stand.This is the only thing I failed to apply.
You're right.
All is well.
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 2:08pm On Jul 02, 2020
I hear say this month na bonaza month. grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 2:09pm On Jul 02, 2020
Mcy56:

I hope so too.

Let me come and be going .......before my reports cause panic here......though just saying what im seeing........cos this place is somehow quiet........ smiley

I hope those inside fundamental stocks aren't panicking anyway........las las you average down and everyone will be alright.

GTB below N20 will be good bargain ahead of Interim dividend

fidelity Below N1.50 I will average down.

....they can keep selling...that will be great!!!

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 2:10pm On Jul 02, 2020
Mcy, what happen in FCMB? cool
Re: Nigerian Stock Exchange Market Pick Alerts by Moda1: 2:11pm On Jul 02, 2020
My order got filled at 1.66 right now . Thanks ma'am.God bless u
Mcy56:

Fidelity is 1.66 now.
Start setting your traps.....

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:15pm On Jul 02, 2020
akinssan:
Mcy, what happen in FCMB? cool
I already said ......let me come and be going o. grin

Whatever affects fidelity will affect fcmb ......either up or down, they move together.
So, if fidelity is down, don't expect much upward swing with fcmb, no matter how the MM tries. grin
Also note that Fidelity in my own opinion is the leader of the tier two banks as well.
That's my opinion.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by webizone(m): 2:18pm On Jul 02, 2020
Mcy56:
UBA: Using one leg to test below N6...
Zenith: Too much bargain hunters.......taking position between 15.25 and 15.50..........will it go lower or build support at that region? We're observing....... tongue
How long do you keep the position if you get in?
Re: Nigerian Stock Exchange Market Pick Alerts by Bbbwings: 2:19pm On Jul 02, 2020
Mcy56:

Fidelity is 1.66 now.
Start setting your traps.....
Pls why fidelity, when dividend yield is around 12%
Zenith is at 17%
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:20pm On Jul 02, 2020
Moda1:
My order got filled at 1.66 right now . Thanks ma'am.God bless u
You're welcome.
If it falls further, you can be averaging down from that junction.........and I dont think fidelity will go below 1.60.........barring any bad news, God forbid.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:23pm On Jul 02, 2020
Bbbwings:

Pls why fidelity, when dividend yield is around 12%
Zenith is at 17%
Sorry, my response was strictly based on the question asked by Moda1........based on my observation.
Nothing is wrong with Fidelity pls.

Let me come and be going ........my ogas will be available to answer the tech part. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:25pm On Jul 02, 2020
webizone:

How long do you keep the position if you get in?
Depends on your investment objectives.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:26pm On Jul 02, 2020
Mcy56:

I already said ......let me come and be going o. grin

Whatever affects fidelity will affect fcmb ......either up or down, they move together.
So, if fidelity is down, don't expect much upward swing with fcmb, no matter how the MM tries. grin
Also note that Fidelity in my own opinion is the leader of the tier two banks as well.
That's my opinion.

What does MM stand for
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:27pm On Jul 02, 2020
ositadima1:

What does MM stand for
Market Makers.
Re: Nigerian Stock Exchange Market Pick Alerts by webizone(m): 2:27pm On Jul 02, 2020
Mcy56:

Depends on your investment objectives.
Ok mine's to ride the big gains as much as possible then get out, roughly on the short term.
Or as long as price is no longer favourable.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:28pm On Jul 02, 2020
Mcy56:

Market Makers.

Deep pockets?
Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 2:28pm On Jul 02, 2020
Mcy56:

You're welcome.
If it falls further, you can be averaging down from that junction.........and I dont think fidelity will go below 1.60.........barring any bad news, God forbid.

Great fight btw bull and bear, second wave of covid-19 no dey here now.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:29pm On Jul 02, 2020
webizone:

Ok mine's to ride the big gains as much as possible then get out, roughly on the short term.
Or as long as price is no longer favourable.
Wish you all the best and more greens to your portfolio. cool
Just try and get your entries right.
Re: Nigerian Stock Exchange Market Pick Alerts by webizone(m): 2:31pm On Jul 02, 2020
Mcy56:

Wish you all the best and more greens to your portfolio. cool
Just try and get your entries right.
But am curious to know, what's yours?
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:32pm On Jul 02, 2020
ositadima1:

Deep pockets?
Pls try and Google it.
Seems oga OGG or one of the ogas have explained in details what they stand for and what their works are.
Someone should pls help out here as well.
I need to go now.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:33pm On Jul 02, 2020
webizone:

But am curious to know, what's yours?
A short termer and a jijoist. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:34pm On Jul 02, 2020
akinssan:
Great fight btw bull and bear, second wave of covid-19 no dey here now.
We don't pray for such. Not a good thing at all.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:45pm On Jul 02, 2020
locodemy:


If you fail to see rise in prices by next week,expect below March low soonest.

Support is yet to be broken by majority.

The chart will be distorted if there is another March low without a very fast rise happening first. So a fast rise first.

Expect lots of positive news globally to move the market globally. Remember the headwinds are still there and inspite of that NSE will still move.

Tomorrow is pregnant!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:53pm On Jul 02, 2020
RabbiDoracle:


The chart will be distorted if there is another March low without a very fast rise happening first. So a fast rise first.

Expect lots of positive news globally to move the market globally. Remember the headwinds are still there and inspite of that NSE will still move.

Tomorrow is pregnant!

Once Gtb touches 20 and zenith 14 tomorrow,there will be sharp rise in both intra day and closing prices.Other stocks follow as well.I expect tomorrow or Monday to be a day of reversal.

1 Like

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