₦airaland Forum

Agbalowomeri:
For Short-term trades in the banks; Price action shows Hammer yesterday

Respite for the pullback

Stochastic also in the buying zone

High probability of successful short-term, low profit-margin trades in the banks

Agbalowomeri:
We may be back to dividend-dumping this year

We are also likely to see an EPS decline across board as the quarterly results trickle in. I don go queue for November again 😂

KarlTom:
UPCOMING BM

TODAY 24 February
RONCHESS, TRANSCOHOT

TUESDAY 25 February
NESTLE, NGX, SEPLAT

WEDNESDAY 26 February
LAFARGE, NASCON

THURSDAY 27 February
AIICO, DANGSUGAR, MECURE

FRIDAY 28 February
CONHALL, FCMB

BullBearMkt:
WATCH-OUT FOR INDUSTRIAL SECTOR STOCKS
The Industrial Sector Index has been under bearish pressure since February 2024. However, over the past 4 - 5 months, the decline has slowed as bullish interest starts to creep in. If February 2025 can close strongly - especially with a close above 3624.70 - it would signal that industrial stocks, currently facing selling pressure, are poised for another rally to the upside.

PLAN YOUR TRADES AND TRADE YOUR PLANS

Sunrisepebble:
Glad to have picked some at 504 yesterday, although I did not buy all I wanted because I was expecting a weak performance based on their Q3.

What my attention shifts to now is the SPDC acquisition. How is it being funded?

BullBearMkt:
Uuuhmmm!!!
Current banking valuations being historically low seem reasonable, but a bank like ACCESS has potential to dip low with current price hovering in the sellers' region. It might be better to align valuation with price for more accurate results.

dammybrite:
Which tool /platform is this, my oga thesilentone

thesilentone:
NESTLE

Quiet accumulation ongoing.

See signature.

BullBearMkt:
True talk, DeRuggedProf! Such a fish will likely end up as someone’s pepper soup special.

Agbalowomeri:
RSI-NGSEBNK10 divergence: on the weekly and Monthly

Double top
Distribution
Enjoy

Bovis:
Could be falling oil prices due to slowdown in Chinese economy leading to lower global demand and excess supply caused by the drill baby drill pledge by president Trump

Agbalowomeri:
We may be back to dividend-dumping this year

We are also likely to see an EPS decline across board as the quarterly results trickle in. I don go queue for November again 😂

PuristForest:
A correction is due in this market, maybe within coming weeks.....bout a 20% ell off across many assets....

Agbalowomeri:
Means bank bears is around the corner in the coming months

RSI is not forming new high the same way price is forming new high

Am I a contrarian?

thesilentone:
Technical analysis for BETAGLASS:

Weeklies:
Resistance 67
Major Resistance: 75.40
Above all relevant MAs
MAs rising
Volume spike in December
Significant changes of board members including new CEO (Catalyst might be earnings results like NAHCO?)

Negatives
Lack of Liquidity is an issue.
Volume increase not commensurate with price increase
Breakout already happened - pullback necessary for best entry
No insider trading

Verdict: Imperative that it closes above 67 for trend confirmation. A pullback after this, a digestion and then a push for 75.40 would be ideal. Volume needs to be significantly improved.

Not on my radar.

chidiebere1999:
Happy Sunday, I have done some technical analysis on BETA GLASS and I believe that the stock price can rally to as high as 105. Below is my analysis. Does anyone have any criticisms

KarlTom:
Glad to know that you also use RuleOne...

BullBearMkt:
I am pleased to share the Nigerian Exchange (NGX) 2024 Report, it provides insights into the outlook for 2025. The report primarily focuses on technical analysis, offering a detailed evaluation of market performance across various sectors throughout the year.

I hope you find it informative and beneficial. Please find the report via the link below:

https://drive.google.com/file/d/1awkzS7eWZRLuS7NBZcKIooXeA77E6n3b/view?usp=sharing

ositadima1:
LOL, some people are liking my posts now because Total dropped by 10%. You're still learning. Give it 3 to 6 months, and let's see the scores then. I'll do my boasting when the time comes, haha. Let TotalEnergies fall even further—let's see it hit 300, and I'll do more justice to it.

megawealth01:
Just that I don't like talking my observations because I no longer have that care for that BUT

What stock has loco ever called that was pump and dump? As you sighted manipulation. Let's be careful of words. We nearly lost loco's rich contribution to people's wallet here

I know you will want to mention MULTIVERSE but be honest with yourself. Loco called that thing at #3+ if I ain't mistaking... Has it ever gotten so low to that price since then?

Let's learn to applaud people that do a good job here as the last time I checked no one is paying anyone money here to point out stocks or analyze stocks... This is why i never blamed OGG for focusing on his group where he guides people without all these unnecessary insults/abuses/fault findings...

I run a robust DISCORD etc group where I coach people on making good fortunes for themselves as some persons here are aware just that I don't charge a dime.

NOTE

I no longer take in people into my groups as I won't reply private messages

Zegra:
Hmmm
This looks unethical
Moving on