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Nairaland Forum / PuristForest's Profile / PuristForest's Posts
Investment / Re: Crypto Currency Investors Thread by PuristForest: 6:45pm On Feb 19 |
DeBruno1:yes it can. the market is mostly trending now for most assets, at least til btc hits 58-60k. if matic can smash 1.29 sloped resistance, it will open the way for 1.66 (1.618 wave 1)...major resistance is 1.8 and i think it will do it q3/q4. |
Investment / Re: Us Stocks Pick Alert by PuristForest: 5:46pm On Feb 19 |
Capitas7: If you know how long ive watched this.......Still bullish on LCID for temporarily gains can't see how it will not make 5.4 short term. I do realize that the EV market is kind of slow now but what this all means is it's a great time to shop for EVs before the market normalizes and prices head back up and i actually think LCID has bottomed from the 1week chart below - there's no other way. Even if it has not bottomed, technically speaking, it will still test 5.6 region before it heads down again. in the same vien, i am also waiting for #RIVN to bottom within this week or the next https://investorplace.com/2024/02/like-to-gamble-you-may-want-to-give-luxury-ev-maker-lucid-a-chance/ https://finance.yahoo.com/news/its-suddenly-a-great-time-to-buy-an-ev-130004761.html https://finance.yahoo.com/m/93ce1db2-2bcc-3c63-b38a-bcc10884a832/lucid-is-latest-ev-maker-to.html QR code give access to my trades / thoughts and in-depth analysis
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 1:55pm On Feb 14 |
kolaish:I think nascon will touch 40 region before a rally.. |
Investment / Re: Us Stocks Pick Alert by PuristForest: 4:33pm On Feb 13 |
jumping in a lucid, anyone here on lcid? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:48am On Feb 12 |
does anyone know what this means when you try to set a limit order for #omatek in morgancapital
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Investment / Re: Crypto Currency Investors Thread by PuristForest: 5:23pm On Feb 08 |
twosquare:https://discord.g g/mkKMBXBf (day traders only - remove the space btw the gs's) 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 7:16am On Feb 08 |
0neal:https://discord.g g/hBJHHt7D (remove the space between the g's) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 2:09pm On Feb 07 |
KarlTom:Thanks! Okay, so the price range is firm for the day and does not change until the next day when the range is determined again by the same calucation. Essentially, what's the reason, is it to prevent price movements above 10% on the daily? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 2:04pm On Feb 07 |
yMcy56:Meritrade is very okay, they can be a bit slow with responding to email communication but they do. Regarding the interfaces, both platforms have their strengths and weaknesses, the new Meritrade interface is very simple to use and more userfriendly for the most part, beginners will find this quite intuitive to get around. MorganCapital is more robust but less user friendly, you have to dig in and read the help material to find things as you go along, however, it has more advanced features including the ability to see live trades and a robust reporting functionality which enables you to see the summarized market data and all your portfolio and financials... for me thats what sets it apart from meritrade. Finally, Morgancapital is abit effective with email coms, they try to get back to you within a few hours. If i were to choose one, i 'd actually go meritrade! |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 1:46pm On Feb 07 |
Quick question guys, who sets the prices in the online platforms, sometimes it can be frustrating when you want to set a limit order at a certain price and you get the message "price is out of range". Is there a time when the prices are opened up and set daily, what determines the tradeable range? Sometimes, i feel that there's a racket in the process......
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 8:28pm On Feb 06 |
yMcy56:Oando wont do 10 again |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 5:25pm On Feb 06 |
Streetinvestor2:These people are market makers, they may not draw a bunch of lines on a chart but they do not also buy on a whim, they make the markets, they are slow and methodical, they are called the composite investors. They are slow to make the market because they cannot drop all their monies in the market as it will spook the market as there will not be enough liquidity to match their offers, so they (and their friends) will buy OTC and spread their buys over a long period of time usually months and years. In any case, as an professional analyst, you are trained to understand market makers in action, this is when the market is at its most boring moments, the price is not going up nor going down for a very long long time, the price remains in a range, usually months. Why? The reason is because the market makers want to accumulate as much as they can at those levels so that their average price will be the lowest. IF Ote for instance makes it public that he will be entering a 1B position in Transcorp for instance, what do you think will happen in the market, guess what, everybody will start buying transcorp and eventually his average price will be higher than desired. The thing about accumulation is that is so boring many retail investors are not really interested because there is little or no movements, the truth is that when the movement starts, the composite investor is already in the market and has taken his position and this is when retail investors see the movements and then jump in (to make him richer). The best time to get in the market is the ranges. I tell my friends Ranges are your best friends!!! There is more to it but this is the abridged version. 2 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 5:19pm On Feb 06 |
yMcy56: |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 2:26pm On Feb 06 |
Streetinvestor2:...Thats a very hollow statement, no billionaire investor that did/does not have a formidable team. Infact, on the contrary, they surround themselves with a team of very sound analysts that review ALL investment decisions. If you think WB just wakes up one morning and decides to purchase an asset then that a joke! 8 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:20am On Feb 06 |
Dangsugar will be the stock for Q1'24....Asset next stop is 350 thats over 300%...DYOR |
Investment / Re: Us Stocks Pick Alert by PuristForest: 4:41pm On Jan 29 |
sgtponzihater1:join us, we massively trade naija and us stocks https://discord.g g/6vxW4BNc (rmove the space btw the 2 g's) |
Investment / Re: Crypto Currency Investors Thread by PuristForest: 4:20pm On Jan 29 |
santos123:https://discord.g g/6vxW4BNc (remove the space between the g's) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:53pm On Jan 29 |
Saybal:i shared this on Jan 18 "Etranzact on a steady impulse, potential to do 100%..next stop 13.6" |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:11pm On Jan 29 |
Ellahlakes has a good setup, target 4.7~ 60% R:R 2 Likes |
Investment / Re: Crypto Currency Investors Thread by PuristForest: 3:17am On Jan 19 |
sheanzy: The ETF was already built into the rally that had ensued. Everything is in the chart!!! 1 Like 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 2:03pm On Jan 18 |
Etranzact on a steady impulse, potential to do 100%..next stop 13.6 |
Investment / Re: Crypto Currency Investors Thread by PuristForest: 12:12am On Jan 17 |
clems88: Please still buy ico's..... 1 Like |
Investment / Re: Us Stocks Pick Alert by PuristForest: 11:42am On Jan 16 |
sharone21:is this like an app, what does it do? |
Investment / Re: Us Stocks Pick Alert by PuristForest: 6:03pm On Jan 12 |
Obnoxious2001:join my discord https://discord.g g/zZmwgRCG (remove spaces btw the g's) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:37pm On Jan 12 |
i think tantalizer will surprise everyone |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:08am On Jan 12 |
The market sentiment is quite bullish which is very good for investors, fridays are usually marked by selloffs are investors take profit however this week, we're seeing reverals caverton, cwg, wapco and the likes....people should really capitalize on this vitality/momentum in the market and take positions........ Wapco - heading for 66 ~47% cwg - 12.4 ~43% maybaker - 8.1 ~70% redstarex - 6.3 ~63% these are just a few of the assets we are tracking in the discord group update i think tantalizer will surprise everyone 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:48am On Jan 12 |
Caverton just bounced off a key support area...next stop is 3.07 |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:12am On Jan 12 |
hadiza08:. youre welcomed to learn here https://discord.g g/njjnmepX (remove spaces btw the g's) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:31pm On Jan 11 |
Redstarex looking good, should easily do atbout 6.3 ranges thats over 100% today 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:23pm On Jan 11 |
lancee: NExt stop for wapco 60.7 since broken from consolidation range and 33 high 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 4:38pm On Jan 04 |
kodelee:https://discord.g g/GYnjBX2f (remove the spaces between the two g's) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 4:22pm On Jan 04 |
#Wapco is lookin very good having come out of consolidation, we expect an extended 5th wave taking us to about the 66 handle, that's over a 90% profit. DYOR 1 Like |
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