PuristForest's Posts
Nairaland Forum › PuristForest's Profile › PuristForest's Posts
1 2 3 4 5 6 7 8 9 10 (of 17 pages)
Chams heading for 10 PuristForest: |
Nice one Chams chams – TikTok video |
Oando is 61.8% for wave 2 is 35.7..good reversal point. |
|
Time to buy oando |
wiki15:Neimeth will do at least 14.4 (very bullish 21) but why would you want to enter when the asset has already done 120% on this leg...spend some time and look for other assets to invest in early but if you must jump into neimeth now then i suggest you be conservative....if you are already in it and want to add more, then by all means. |
Legendint is on my watchlisth, monies is entering the asset...large players are gradually accumulating...DYOR |
nsltech has broken out of a 6 months sloped resistance, which has been tested, dont miss the train.... Ref: https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/9810#137504424 ewnation/ngx |
Heres the gist on Deapcap...one out of the five weekly video highlights for our users........lets stay informed and also DYOR https://www.youtube.com/watch?v=XPBngfRs62o Ref: https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/9763#137366745 ewnation/ngx |
Conoil has declined 55% since dec 24 2025. At 153, it would have done 61.8% of wave 3, this is a strong reversal location and swing decline is consistent with a wave (a) of a triangle wave 4. Definitely worth the watch...DYOR Ref: ewnation/ngx |
time to jump into vfdgroup. vfdgroup has broken out of a 6 months channel and is trending for a wave 1, we can see the footsteps of the composite operator in the charts Facts <> broken out of a 6 months slope channel <> broken wave B extreme at 11.90 <> Wave 1 top cannot exceed 17.07 which is the May high <> Asset is making higher high DYOR!!!! Ref: ewnation/ngx |
Mumben:Feel free to buy Deapcap, it has broken 2013 resistance, which is now support, next target is 4.6..enjoy ref: https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/9763#137366745 ewnation/ngx |
aj8:Tantalizer will break 1.8 to the downside before anything can start.... |
Vitafoam showing short term bearish divergence…only a matter of time before it breaks |
Accesscorp - still think a lot of weakness, potentially, we could see access around the 15 region,there will be a redistribution btw 19 and 24 but ultimately, we will break this and go lower, this redistribution will get a lot of retail investors excited about the asset and some will make some money but in the end it will only serve as a mere transfer / distribution from weak to strong hands before the real move down . One of five reviews in our weekly wrap up for members.... Japaul - following last update,we've made some update to internals, but overall structure remains unchanged ..DYOR or join ewnation https://www.youtube.com/watch?v=gImhfbrbgiI ref: ewnation/trial |
I am happy to be wrong in this market because its an opportunity to learn...In Japaul, still standing by 1.85 entry..enjoy the ride guys This is one of 5 assets we review in our weekly video update for our premium members. The videos are unlisted so you wont find them on the channel but are available to our subscribers including tutorials and stuff...............DYOR
|
We have tracked HMCALL since October this year...the current test is a wave 1 and a good entry ..this is one of 5 assets we review in our weekly video update for our premium members ...............update on japaul is very interesting ...may share later DYOR ref: https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/9811#137505020 https://www.youtube.com/watch?v=xEBwdLzTfxI (Video update for premium members) |
We are still largely in a wave 4 correction for most assets ftn.omatek, caverton. ellahlake. all these assets will still deliver eventually...but for now in this current cycle, many moves will spring up only to be rejected after 20-30% these are very common for these triangle and flat wave patterns that unfold in wave 4 position...for instance Neimeth took off, done 13% and will like do about 40% to around 8, but i'm not scaling that cos i know its a wave b, it wont get beyond 8, waiting for it at 5...many more will spring out like that but there are not ready for the scaling...just small plays......all these assets are covered on our site including video explanations..... ref https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/9871#137753279 ewnation/ngx |
Infact Japaul may breach 1.59 before a real reversal....i am very open to being wrong.....but if im making a scaled entry then i must be convinced from a technical perspective also. There are basically two alternatives for japaul play and non indicate a significant breakout for now The 3.64 top can either be a wave 3 of a triangle b wave, which means a 1.88 or 1.59 for corresponding waves a or c as the case me be, volume and other things will do their thing........enjoy |
Japaul is not done...safe entry is between 1.88 and 1.98........DYOR |
I think Japaul will trend hard but it looks like its still missing a wave down to around 1.95....On the other hand, i think Neimeth is also in my watch list as its completed 61.8 Fib of wave 3 which is an a wave so its setting up for a b wave somewhere around 8.5...just thinking 8.5,6.4,12....... Ellahlakes looks good but its too risky. Even though its looking like it will soon be in a rally, some fundamentals don't look right for the wave structure, if wave 3 topped at 19.4 then we should at least retrace to 38.2% (9.4) preferably 7.5 (50%) .... except if its extremely bullish, which is also possible since it didnt move so much with everything goingon the last few weeks ..sideline for me. Market is stabilizing but caution is still very required..DYOR ewnation/ngx ewnation/?s=neimeth |
Next year is shaping up to be extremely volatile in the markets… e go hard. I really hope the ASI can reclaim and break 157, but here are the facts: Nigeria is already under significant macro pressure — currency strain, rising inflation, the looming capital-gains tax, and ongoing uncertainty across FX and bond markets. Then came the Oct 31 CPC designation, which only amplified the tension, triggering an 8% drop from 157 to around 140. This isn’t even the first time Nigeria has been placed on the CPC list. Back in December 2020, when the label first appeared, the market slipped only about 2% because the environment was far less fragile. Today, the timing and surrounding triggers are much more severe. The 2025 designation wasn’t just symbolic — it arrived alongside threats of military intervention, possible aid suspension, broader geopolitical volatility, and recently, there are reports that U.S. reconnaissance and intelligence-gathering operations have already begun launching flights from some neighboring countries. Investors are now trading cautiously, and the next few months will likely reflect that behaviour. A lot of institutional and composite investors will be quietly sniffing for higher-level, possibly sensitive information from their high-net-worth and political sources. Any actionable intel that trickles down will reach a select few long before (weeks) it reaches people like you and me (and even the media) — and they’ll position themselves early. If the reconnaissance activity continues and geopolitical risk escalates, the ASI could face additional downward pressure, and the sell-off may stretch deep into next year, we may see ASI as low as 120 kand 105k. DYOR |
Locotrader:save your capital, this is not time to buy.......sideline for now, too many uncertainties, market is bearish... |
emmanuelewumi:Meristemalso seems to have issues today... |
Chams, updated our chams analysis, we still in a wave 4 and target is 1.8, think 2.8 (wave a) , 3.5 (for wave b) and 1.8 (c) for wave 4............market is not looking very good, caution - DYOR.. ewnation/blackfriday |
essentialone:Not if the state continues in this currently clime....No asset is rallying at this moment.....things may get worse from here........we all need to be extremely cautious in the market now....;. |
I recently rewatched MNK/DM interview and i think that interview was what may have set him up , you cant be dividing a soverign nation and standing by it on a public forum like youtube and DM was very crafty in his questioning, getting him to be very specific in certain areas. His take on Jubril clone too was also very extreme, even though a british former parliamentarian initiated the death tweet, which is still unfounded, MNK did not mix words about it.......knowing the kind of person PMB was, he may have personally requested this end for him. ositadima1: |
Looking for Ellahlakes sub 10 |
BabsO2:There are many 'lazy' countries that dont work half as hard but have all the required infrastructure plus enough to care for elderly and others ...i dont think its all about work....quality education and people doing the right things matter alot . |
The increase in kidnapping is typically a guerilla warfare tactic however in this context increasing after the trump announcements, think the militia plans to use the victims as human shields, deter collateral aerial attacks limiting reprisal options to ground or targeted campaigns. Market is still not looking good.....more red ahead unfortunately.... potential ASI alternate analysis targeting 113k by 03/26...dyor ewnation/asi |