₦airaland Forum

Lexusgs430:
No be bitcoin ó........

Shares are bought in fractions. Trove app allow for you to buy shares in fractions. I have 0.0088 shares of Telsa

Lexusgs430:
At $640 per share......

Yes, she can buy in fractions and that is, half, quarter or less

nextstep:
For now. If you bought bitcoin on Mar 13, you will be crying today. Of course if you bought in on Jan 30 you will be smiling. I don't like that kind of swing, so I'd stay clear.

OP, if you can watch this money burn without crying, then sure, buy bitcoin. The returns are immense, but so are the risks.
T-bills should a decent option, enough to match inflation (unlike bank savings), but your principal is guaranteed.

How about US stocks?! if you choose to invest you can use my signature to sign up we both get FREE shares

Experience285 Good morning

Quelme:
Okay. Meaning, the Naira to Dollar saving option is not yet available?

It's available. please if you choose to sign up kindly use my link on my signature

emmnprince:
Why not try Kuda e-bank. They have no physical structures but you can save your money, withdraw your money using any ATMs of any banks using a Kuda MasterCard. No unnecessary charges.

Just download their app and start saving!

I love Kuda app.

Quelme:
can you please throw more light on this Trove?

To buy stocks on the Trove app, you need funds in your wallet. There are two wallets in your trove account. The Naira wallet is for buying Nigerian stocks, bonds, while the Dollar wallet is for your foreign transactions or saving you naira in dollars. At the moment, Trove only accepts adding a Naira card and a Naira bank account to your profile.

STOCKS -

Check these out. They’re some of our my top picks.

TSLA (Tesla) - Amazing growth potential, dynamic, stunning metrics and financials, and Elon Musk.
PLTR (Palantir) - In a dip currently, bounced off support and rising steadily. One of ARKK’s prize horses, never sold a share. Accumulating.
AMD (Advanced Micro Devices) - Solid team, CEO, product, and financials. Huge potential.

Kpokrikpo:
A lot of scammers on this forum, so be careful who you communicate with, option B and C are "no go" areas

it was stated na

Enoch07:
guy, find 2odds for bet9ja just use 500k take start. thank me later

I am sure you didn't read what he wrote up there.

Solatium:
The banks are rogue's you won't get a better return on your investment,look for a low risk business that won't take your time and invest on and if you must save use any of the investment options on any of these fintech,you can get as high as 20% interest on your savings if you invest it with them.

Virtually all the fintech have one investment or the other just look through them

Yeah! Trove is the best out there. I don't need any domiciliary account, I change my =N= to $, that way I hedge against inflation.

BlakKluKluxKlan:
What about the govt ban on Bitcoin ?

They ban the banks but we use what s called peer-2-peer ( P2P), but it advisable you have a Payoneer Account.
https://www.nairaland.com/6467965/yazga-cryptocurrency-plays

Kingdemu:
I signed up with your link and was successfully verified but I didn't receive any free shares. Anything I need to do? Thanks

You don't need to do anything, you can now trade Nigeria and US stocks in one trading app.

Thank you Kingdemu.

STOCKS -

Check these out. They’re some of my teams top picks.

TSLA (Tesla) - Amazing growth potential, dynamic, stunning metrics and financials, and Elon Musk.

PLTR (Palantir) - In a dip currently, bounced off support and rising steadily. One of ARKK’s prize horses, never sold a share. Accumulating.

AMD (Advanced Micro Devices) - Solid team, CEO, product, and financials. Huge potential.

Lizzydonnah:
How do I buy Tesla shares?

Dear Lizzy,

Telsa shares can be bought by signing up on Trove with the link on my signature we both get FREE shares of either Dangote Sugar or GTbank

Here is the thread https://www.nairaland.com/6431880/stock-plays-us-stocks-market

ifenadi:
All Nigerian commercial bank have the same interest on saving account. To maximize the benefits of saving account, do not subscribe to any service that may attract charges like sms alert, debit cards, etc, and make sure you withdraw less than thrice in a Month. Thanks

How do you get notified that you have a credit alert?

Marayesa1:
Hello Nairalander
Saving is very important in case of emergency or necessities. We have various commercial banks in Nigeria with each having various saving options and have been looking for the best one to put my money in other to get some interesting on my savings.

So I'll like to ask which bank out of this popular banks have the best saving option judging by the interest rate and other incentives?
)

Hi there! As regards incentives, trove app is the best with incentives because you sign up with the link on my signature we both get FREE shares of either Dangote Sugar or GTbank.

Raymondj0:
which application can one buy tesla shares?

Good Evening Ray! How are you? You can use Trove app to buy tesla shares. You can check my signature to sign up with trove, we both get FREE shares of either Dangote Sugar or GTbank.

https://www.nairaland.com/6431880/stock-plays-us-stocks-market

Thanks.

Help me post

In our current market, survive until you thrive. Be cautious of your plays, be quick on your stop losses if a trade goes the wrong way, and most importantly, BE PATIENT!

When we come out of this correction, the market will heat up once again and that’s the time we make the big gains. Right now, however, is the time to play conservatively and be spot on with your risk management. I don’t recommend putting more than 30% of your account into a day trade, no matter how small your account is. With larger accounts, I wouldn’t go more than 10% on a day trade.

yazga:
I am happy you got the shares, thank you once again for using my link.

I am happy you got the shares, thank you once again for using my link.

Kingdemu:
Hey Yazga, how u doing. Glad to inform you that I've received free Dangote Sugar shares from Trove. I've also mailed Tomi on the other issue we discussed. We all miss you and cant wait for you to be back in the Investment section.

Hello Newbies,

Foundation knowledge class on stock market is holding 1st and 2nd of April.

"Which stock can I buy?"

This is the 1st question newbie investors usually ask

But they miss d point

The first questions should be...

How can I understand the market?

What do I need to know?

How can I handle volatility?

Stock Market is 1st psychological before logical.

Before buying any stock, it's best you understand the journey you're embarking on.

Understanding how to navigate the market would save you a lot of stress.

You can decide not to attend this training or not, it's not compulsory

But it is very necessary.

However, If you decide to attend you'll be glad you did.

As I have always said, the market charges more if you don't get the basic knowledge.

So it's up to you to decide.

But if you're interested,

join the train and sign up. : with the link on my siganture

The Market:
S&P futures up about 0.12% as of now, Nasdaq futures up about 0.23%. SPY held up above Friday’s lows at $387 which is on watch as next support. On a break below, next support levels at $386 and then $384. If we see a bounce off this level, next resistance at $389 and $391.

I’m treating this dip in tech/growth stocks as just a quick, short-term drop before continued uptrend right now. Still staying cautious and cash heavy just in case it turns into something more than that. Most important thing in times like these is to always hold some cash to have room to average down just in case it ends up being a prolonged drop and you don’t want to get stock holding & hoping without buying power.


Swing Plays for Today:
*Reminder: my buy/sell alerts is just what I’m doing and should just be used for ideas. Not every entry/exit will be perfect timing.

$XPEV: major support level at $30.5, important to hold above or would have short-term downside towards $25-27 range as next support. Great price to be averaging in for a long term position

$SKLZ: broke below next support at $21.5, next potential areas for a bounce is bouncing here off of $20 and if that doesn’t hold would likely have downside to $18. Now way under offering price at $24, proved the valuation with great earnings. One of my main focuses at this value as a long term add.

$XLU: utilities sector ETF, has held up well during last couple days of sell-off. In an inverse head and shoulders setup and can see a breakout over $63.5 to $65+, calls super cheap. Leaving lots of room to average down on 4/16 calls, and would cut loss if it drops below $61.

$GE: channel play at trendline support with good price on calls as well, looking for a bounce here and target up to ~$15. Stop loss below 12.3

$NIO: getting oversold and nearing strong support at $35, another one of my main focuses as an add for long position

$JMIA: oversold and sitting right at $34 support as potential triple bottom. If it breaks below $34, would have downside to $25 and would stay away until then.

$SOS: PR out this morning on digital asset exchange, couldn’t hold positive move after bitcoin weakness. SOS broke below wedge and has more short term downside back to $5, most important thing for crypto stocks is gonna be how bitcoin moves going forward.

$CHPT: getting close to key support level at $20, one of the best valuations in the EV sector at this price. Long term easily goes $40+ imo, really good recent earnings backs up the future growth potential

$PTON: key support levels at $100, $95. Down 40% from highs, getting undervalued here for the growth it’s had and can’t beat the demand, brand name, and being the market leader.

$SNAP: heavily oversold, nearing major support levels at $50 and $48 for a potential bounce. If support holds, great play for calls that have good price on premiums and very liquid.

$AI: heavily oversold down 40%+ from IPO and 60% from highs, has positive RSI divergence. Looks primed for a big bounce soon. Initially started sell-off on earnings disappointment and has pretty much sold off ever since. A lot of these tech & growth stock names are just in the wrong place at the wrong time during the sector sell-off, but great valuations popping up and many will have full reversals and then some when the time is right.

$PLTR: oversold here, on watch for potential breakout of falling wedge soon. $21 is the next support, on a break below would have downside towards $18. On a breakout can see a quick move back to $25

$AAL: Followed the sell-off yesterday making it even more attractive! oversold here and nearing trendline support for potential continuation of uptrend. Has same chart as majority of recovery plays all which could bounce soon.

$IDEX: Looking for it to get back above 2.80 If support breaks, could drop to 2.50. This is a long-term look with a $10 EOY

$HITIF: A good small cap with blue skies. It has risistance at .70 and .82 but beyond that is open. It has been following a pattern of dipping to .60 Right now it is testing the first resistance. Watching for a breakout.

$NWBO: This is a catalyst play. They are waiting for the result for clinical trials of a cancer drug. This stock will go one of 2 ways. If the drug fails, could plummet. If it is successful, could hit about $20. In a good consolidation.

$TSNPD: They are working on Web3.0 Support is at 2.80 and 3. $4 is current resistance. It is trending back up and easily has an EOY of 10. I am looking at this as a longer play and will wait for dips


Day Trade Setups for Today:
*Reminder: Day-Trading is very risky and only for those who understand the risks and how to read technical analysis!
$NIO:
Long Above 38.50 Targets: 38.75, 39, 39.55
Short Below 37 Targets: 36.75, 36.53, 36.10, 35.66, 35.26

$AMC:
Long Above 10 Targets: 10.27, 10.51
Short Below 9.20 Targets: 9, 8.81, 8.60, 8.39, 8.23

$PLTR:
Long Above 23 Targets: 23.63, 24.11
Short Below 21.25 Targets: 20.93, 20.63, 20.13, 18.90

NOTE: from the time I typed all this up this morning to now, the markets flipped from green to red. Be very cautious!

Kingdemu:
Oh ok

Kingdemu:
ok

Good morning, it should be posted on Yazga Stock play NOT on Yazga CryptoCurrency play thread

Kingdemu:
Yes they did. Thanks

You welcome.

kindly help me post

Markets have been weaker than usual lately. No need to panic, no need to throw tantrums, this is completely normal. Market makers play with your emotions everyday.. It's always the same story.. the prices will slowly grind down to execute stop losses and scare away beginner investors/traders.. once enough people jump off the horse.. that's when the next big wave of $$ will come. The market doesn't only fluctuate on a daily basis, it also fluctuates on a weekly, monthly, yearly basis..






The Market:
S&P futures down about 0.3%, Nasdaq futures flat as of now. Expecting more volatility moving forward and personally not being very aggressive with swings as of now since market is so unpredictable. Just being patient and picky for the right setups to play off of.
- Key levels to watch on SPY:
short-term resistance levels - $393, $395.5, $398
short-term support levels - $391, $389, $386

 
Swing Plays for Today:
*Reminder: my buy/sell alerts is just what I’m doing and should just be used for ideas. Not every entry/exit will be perfect timing.

$PENN: Nearing strong support $110-112 range for potential bounce and reversal. Sports betting numbers through the roof right now with march madness, and with PENN being accepted into the S&P all the index funds are going to have to start accumulating shares which is due for a big move up soon.

$KERN: solid earnings Yesterday, large increases in revenue growth and gross profit YOY, EPS was the only negative but not a big surprise since it’s such a beginning growth company. If weed sector heats up again and hype gets behind KERN can see quick move to $7, will still have stop loss below $5 in case sector keeps getting hit.

$SOS: Nearing trendline support for potential bounce, movement will heavily depend on how BTC is looking moving forward which could definitely keep dipping based on technicals so will be patient on entry

$EH: watching for breakout of descending triangle on a move above trendline, lower float and moves quick when it gets going. First potential support level to hold is at $40 and if that doesn’t hold would have downside back towards the low $30s.

$CBAT: forming inverse head and shoulders, breakout would happen on a break and hold above $6. Would have stop loss below $5.5 which would signal broken pattern

$JMIA: on watch for support at $40 to hold for potential reversal back to ~$50. Would stay away if $40 doesn’t hold since it would have short term downside towards $34-35

$V: would look for re-entry either if it holds support at today’s lows or bounces off longer term support at $205. Target move is back to $215 and first key resistance is $210

$SNOW: potential double bottom reversal forming for quick move back to $240+. Much better valuation now and down almost 50% from highs so wouldn’t be surprised to see this start getting bought up quick. Is very dependent on bond yields and tech sector movement

 
Technical Charts for Swing Plays:

 
Day Trade Setups for Today:
*Reminder: Day-Trading is very risky and only for those who understand the risks and how to read technical analysis!

$OXY:
Long Above 28.06 Targets: 28.20, 28.43
Short Below 26.25 Targets: 26.12, 26, 25.73, 25.50

$NIO:
Long Above 43.50 Targets: 43.75, 44.03, 44.14
Short Below 41.80 Targets: 41.50, 41.38, 40.94, 40.50, 40.12

$PLUG:
Long Above 38.75 Targets: 39, 39.08, 39.26, 39.43, 39.72
Short Below 38.25 Targets: 38, 37.87, 37.50, 36.95, 36.76

$TLRY:
Long Above 23.75 Targets: 24, 24.10, 24.31
Short Below 23.49 Targets: 23.29, 23.14, 22.68, 22.37, 22

$MRO:
Long Above 11.06 Targets: 11.18, 11.21
Short Below 10.40 Targets: 10.20, 10.07, 9.80

Kingdemu:
Yes they did. Thanks

You welcome.

kindly help me post

Markets have been weaker than usual lately. No need to panic, no need to throw tantrums, this is completely normal. Market makers play with your emotions everyday.. It's always the same story.. the prices will slowly grind down to execute stop losses and scare away beginner investors/traders.. once enough people jump off the horse.. that's when the next big wave of $$ will come. The market doesn't only fluctuate on a daily basis, it also fluctuates on a weekly, monthly, yearly basis..

Kingdemu:
How do i reach him pls?

Mail: hello@troveapp.co or Phone call, I am sure they called you with their number, use that to get across to them.

agoro2u:
lol

Good evening Sir,

following your question on my thread in the Investment section, the FG has banned CryptoCurrency and to can't withdraw or deposit from/to the bank. You can only use p2p.

I had to message you here because I have been banned from that section.

Kingdemu:
I guess Tomi should be the guy at the Trove Customer Care, right?

No, Tomi is the founder and Ceo of Trove.

emorodili:
Still available

Good evening Sir,

I wish to thank you for your time and effort in using my trove link to sign up. I am grateful.

I am sorry using this means to get across to you, I have been banned from the Investment section hence the need to communicate with you this way.


As long as you have uploaded your details, once you are verified, it takes 2-3 business day to o get your shares.


Once again thank you.