₦airaland Forum

BullBearMkt:
...point of correction sir! All the stocks you mentioned have their D1 timeframe bullish already. Pullingback does not mean they are not bullish

Let me ask 1 question
Since there’s only 4 hours 20 minutes trading for each day on NSE, after the close of the 4H candle can I use that candle as a guide/judge what happened that whole day ? Or I have to wait for 24 hours to complete even do the rest of the 20 hours section was closed ?

RabbiDoracle:
We will revisit this after November 2019 if the bearish trend Agba talked about doesn't come. That is when I will ask you and him this question again:

Looking at the chart of Zenith, state when the price of Zenith stock bottomed out and reversed?

Did you see it on the daily?

What do I know ! Lol
For this nse that has damage all tools back to back.. I know nothing oo

Lol @ 4H
My Oracle don mix things up..
Don’t worry.. I understand how the thing can be.
I carry stock market strategy into forex too..
I go dey average down ! Funny thing is I didn’t even know that was what I was doing until BBM called my attention to it.. lolz
O’boi 1000€ gone like breeze.

The first school fees I paid as a disobedient student.. BBM call GBP CHF long, I went and short.. I saw trade going against me yet I kept on shorting! aka averaging down

DOLLARTEX:
don't worry,NSE will give us independence bull!

Can’t wait!

I need that 2017 bull again.. I have never seen such before .. no stock was left out..

I remembered what happened to me 2017 crazy bull.. I was bidding diamond till above 2 naira before I got some units and continue to bid till 3.45.. when the volume appeared, na bear follow..
That was why I asked th question.. nse if there’s excess units available, na crash dey follow..

BullBearMkt:
...good evening my sister.
Your Ichimoku question should have been directed to @Agba, e be like say him don find love for the Japanese crawling way of trading
To simply answer your question - price can rise without volume - this is momentum rally. However, the rise might not last long due to lack of required force to further push the price up. It's like a car without petrol, it can move - when pushed with required force or put on neutral on a steep downward road & you know that will not take it far. But with enough petrol, you can travel with the car from Lagos to Kaduna.

When you have increase in price while price is falling, it indicates the presence of many sellers forcefully selling off the asset. This will definitely cause the price to decline; those buying could be other traders/investors or market makers. & when there are less sellers with many ready to buy at the current price, price begin to rise again.

You are right again.. Thank you

@BBM good evening boss, just 1 question ( as you never cover that aspect for my technical analysis class.. make I ask you here )

1) is it not possible for prices of stock to rise and ASI above Ichimoku cloud without volume ?
Because I saw volumes during the bear period but prices were going down.. what if sellers don sell finish ?
To me I think when there’s no volume that is when stocks rallies.. because buyers will have no choice than to buy at the available prices..

veecovee:
@Agbalowomeri, the daily candle don enter the cloud today ooo.

Abi time never reach to start your private jet?

Ahhhh! Hope the jet self get gas?

Hope it is not a cumulonimbus cloud lolz ..
Pastor time to pray.. especially for our pilot... to get us out and above the cloud..
BTw we’ve been in for 4 days now.. just saw that.. no wonder the headache.
Gonna be a bumpy ride/flight.. cos weekly not even close

Access
If you bought below 6 I take God beg you hold tight.. this stock go poo and vomit

The money buhari’s administration will collect from this 30 years bond, what will they be using it for ?

Now they are increasing egbese for future administrations to come and pay..

menh this bond and Tbill looking like MMM. Collecting from one person to pay the other person.. Governmental abi na Corporate MMM be this one ?

dipoolowoo:
Nigeria Sells 30-Year Bonds to Investors at 14.64%
https://businesspost.ng/2019/09/26/nigeria-sells-30-year-bonds-to-investors-at-14-64/

SAHCO Posts First Price Change Five Months After NSE Listing
https://businesspost.ng/2019/09/26/sahco-posts-first-price-change-five-months-after-nse-listing/

NSE Starts 'X-Kathon' Contest to Boost Capital Market Growth
https://businesspost.ng/2019/09/26/nse-starts-x-kathon-contest-to-boost-capital-market-growth/

I Don't Foresee Cut in Interest Rates Soon—Emefiele
https://businesspost.ng/2019/09/26/i-dont-foresee-cut-in-interest-rates-soon-emefiele/

Bulgarian Economist Kristalina Georgieva Becomes New IMF Chief
https://businesspost.ng/2019/09/26/bulgarian-economist-kristalina-georgieva-becomes-new-imf-chief/

30 years?! Abi them won sell to themselves to secure their children’s future!
Nawah oo

bigjay01:
Has anyone ever successfully moved a portfoio from any broker to Morgan? Please let me know.

From FBNQuest to Morgan.. Yes, very easy but get ready for some talk-out
When I told my fbnquest accountant not to do what he’s trying to do, the man knew it’s already a lost battle and the transfer was successful within 3 days

veecovee:
Nothing to fear here. I bought this one @5. I may hold it till may 2020

Nice entry.. but I’ll put on my running shoes now if I were you.. pitying for those that bought today at day high.. -10%

UCAN pullback or golgotha ?
I’ve learnt the hard way never to chase a moving train.. any stock that has rallied 30% upside no dey attract me..

Wahala for victor

veecovee:
Why comot cap for those who kill, steal and destroy

Just cast them away without mercy

Pastor abeg help me cast and bind them away

Witches:
YOU CANT HIDE FROM US YARIYA

I know
I comot cap for una

anjilgreat:
Good day madam, how's life you? Just wondering why you changed your username?

This your funny meme though! Hope you're having a great day?

I’m hiding from my village people.lolz
Life o wa pa! Thanks for checking on me..
How are you ?

STNWAUME:
OGG with your discretion at what price do you think we should wait for UACN.
N3, N4 or N5?

Laugh wan kee me

Mpeace:
Let them take their time to fix it well. We are not in a hurry.

Abi oo.. we are not in a hurry

Something I do not have control over, I do not use the word impossible.. I just pray to come out alive.

phemmie06:
I thought he will mention like 1.50 or 1.90.

NSE can even decide to bring below 1 naira.. that is after he has entered at 4 naira oo

phemmie06:
You're too lenient

Lolzz
His 4 naira
Your 10 naira
All is possible

@Coolcash1 NSEMPA members..

DUNKA:
Please which is the better option to sell Dangote Flour now or wait for the Scheme of Arrangement at N24 Naira? Putting into consideration the current price and the time value of money. Any insights would be appreciated.

If you are in the country, have time and can speak and write Oyinbo very well.. my dear don’t lose even 1 kobo.. collect your complete money..
It’s not the 2 naira you should be looking at but the equivalent.. when multiply that 2 naira by the number of shares..
hope you understand me

Jesus! 5 pages !
Weytin una Dey talk like this slf ?
My Transcorp no move.. Access -%, Zenith -% GTB -%.. weytin una come dey talk for the whole 5 page ? Abi people don dey cry already?
I go read later.. let me go and face my limping tortoise USDCAD wey I long since 1900.

Godlylifeoneart:
THE VERDICT.

The Saudi-led military coalition battling Yemen’s Houthi movement said the attacks were carried out with Iranian weapons, raising the prospect of a global conflict involving the United States and Iran.

Wahala!
oil $100 loading...

RabbiDoracle:
And Russia will fold its arms and watch abi?

Russia will back Iran and Iran will transfer some of the weapons to the Yemen Houthis.. Together they’ll fight the kingdom. Key target “Oil facilities”..
Russia really need that war to boost their economy lol.. Oil @ $100 or above go sweet Russia die!

Trying really hard

Bizibi:
Brent oil price is going up fast!!! This is a shocking blessing in disguise.

Lolzz @ Blessing in disguise.. US and Saudi will also sell at that price oo.. hahahahahahaha
Now, Saudi better don’t join US in pointing finger to Iran else WaR!
Iran will do 2x what the rebels did..
Trump wants the kingdom to say YEs it’s Iran but they know better