₦airaland Forum

BullBearMkt:
Will NSE Index behave like Diamond Stock?
After forcing many shareholders to sell their holdings in panic, Diamond stock rallied from a low at 0.66 to a high at 2.39 within a space of 2 weeks. This happened after Diamond broke a long time support located at 1.08. As that was not enough, it later created a lower low signalling that all may not be well with the stock. But all of a sudden, gbam! we saw a rejection candle, a higher - high and and and over 200% increase.

Just looking at the NSE index, I noticed it just broke a long term support; fell a bit and for the past 7 trading days, it's been bull upon bull. Now, I am wondering, could this be Diamond in the making? If yes, then I need the index to create a "high" or break exiting swing high at around 32000 and then we could have Diamond bank behaviour in the making. If I didn't see these features, then, I want to stay aside...

PLAN YOUR TRADES AND TRADE YOUR PLANS

Alepa:
____________/\____________

DeRuggedProf:

Mcy56:
Wetin man pikin go do now. You self come funny with this comment.

mendes911:
Anybody can fall mugu in this our market. Leave all these turenchi. It takes a second only for all those valuations to turn sour!.

The question here is knowing when to count your losses and run.

Yayira:
OGG can you please help on all these reports ?
I know say na only you fit break things down to layman’s understanding..
I’ll benefit greatly from it and I know some people will too.

Just hint on
1) Profit/loss
2) Growth
3) Fair price

Feel free to add another important ones

I hope not too much of a work

mendes911:
In DeepSuk's voice, "Honey" Flour haff turned to "Hor.ny" Flour....

lostinHeaven:
Morgancapital

currentprice:
I have N45 from my spreadsheet

selling @ 100% discount.

honestly gtb is riding on efficient.

gtb roe 36%
zenith roe 24%

uuspace:
Let me share with all my little knowledge, i hope i will not be called a monkey hunter.

I am not as sophisticated as the TA and FA guys. But what i used to know that there will be a bear is, i went to FT.COM and checked the trend of most stocks in the NSE.

Lets use FBNH as an example, there you can see the 5 to 7 year price movement in a graph and there is something similar in all the years. between November to second week in January there is always a bull. From the second to third week in January the bears appear FBNH normally loses close to 20 to 30% value of the January peak. The bear and the consolidation continues till second week in march then there is a little appreciation of value. till the mark down date. The lowest point is always the mark down date. From march/April the bull will start slowly till mid may where it will peak. From may nothing fantastic will happen till November again where big bull will come.


I checked this trend in several companies they are the same. So expect FBNH to touch N11 or below before rebound. After that is the right time to jump in and plan to exit around may. After may nothing will happen again till November.


All the doubters you can save this and prove me wrong.You can go to ft.com and check what i said, pick any stock you like. I have nothing to loose. But i will be happy if i helped save money for someone.

4601CE:

When will NSE lift the ban to trade Skye bank?

mendes911:
When dem go tell you to prepare for Saidu Arabia? Na there souls plenty Ooooh....

Make I buy you ticket?

mendes911:
See as Caverton dey nosedive, searching for Skye Bank. Has it lost its remaining engine or did Skye Bank sky away with it.

Oopss..

onegentleguy:
Of course u should my dear !!
What I actually meant is that u shouldn't pay too much attention to price movement after entry.
...as long as ur sure that these 2 factors are still intact:

1) U are holding on to a FUNDAMENTALLY SOUND coy.
2) There's still an existing wide 'gap' between the current PRICE and the coys INHERENT VALUE in line with ur investment horizon.

Eventually, the price will move to catch up with its INHERENT VALUE. ...VALUE will ALWAYS eventually drive price !!
If u can fine tune this to suite ur PERSONALITY and INVESTMENT GOALS, then u will WIN more and lose less in the market.

Btw, ADD AIICO, WEMA and UBA to that ur list !!

But remember that due diligence should ALWAYS be ur 1st priority.

NobodyKnows:
Stop derailing the thread . You’re not the only one that knows how to derail the thread with religious links .
Nobody should complain when I start my own if you don’t stop now.
I’m warning you.
This is not the religion section .

onegentleguy:
I also like to be guided by TECHNICALS. But its better not to pay so much attention to price.
BEST to FOCUS more on VALUE.
VALUE drives price and NOT the other way round. (price does NOT drive value)
...and real RETURNS are made from the INHERENT VALUE in a coy !!

Like I always tell folks;
When u see a 'wide gap' in VALUE too big for the current price of a FUNDAMENTALLY SOUND coy, RUN IN and ask questions later !! This is a very pivotal criterion to both VALUE and GROWTH investing.
NOTHING beats a great 'gap' between inherent VALUE and price.
...this is KEY.

DOLLARTEX:
OK,I officially hand over this patient to you.lol

Yayira:
It has been on green for 3 good days.
Na so person go follow their indicator go follow corpes enter grave..

PETERiCHY:
FO now N75 i will remind you when it gets to N8.

Same way I told Pa Emma 3yrs ago that SKYEBANK is going home to MAMA when it was still trading above N4 but he and his fellow optismists doubted now what is happening

"Guns don't kill people, it is people that kill people"

Same way

"Stocks don't kill people, it is people that kill themselves".

The problem with the so called optimists is they simply dont want to face reality rather they always build castle in the air and at the end they look for who to blame.

FG is seriously sourcing for loan,

Most companies are on verge of recapitalization.

Baba kabiru no longer get his pension,

Rebekah and coys has lost their jobs.

Bassey salary is not forthcoming.

Emeka can't access dollar for his business.

The little fund left in the system MMM has stolen it.

Now tell me where will the money to push stocks to high heavens come from

*ThE OcToPuS*

fxuser:
um