₦airaland Forum

TECHNICAL ANALYSIS WORKS
Saw a chart pattern on T (AT & T) on Wednesday, bought the stock (very small quantity with my dividend from another stock) and Tuesday the stock moved by 6%, note that I bought at last minute of before market closure Wednesday, so end the day at 0.00% gain (SPOUTFI, no commission). Today stock is up 6%, just like that.

Again I will say, I am 100% happy playing the global stock market, especially for the energy sector, compared with the Nigeria market, where I can say oil producing sector had no good stock (only SEPLAT, is a little bit okay, most Nigeria oil companies are simply oil marketers, please nobody should mention OANDO it a very bad stock).

Napoleon55:
OK,
How about funding ur account ?
are they going to issue u a dollar card where u can use for depositing and do other international online transactions . Thanks

The proceed from the international payment you are expecting represents the funding. You cannot use the account for anything else. You receive your foreign payments , withdraw in foreign currency, finish, that is all you can do in the account, so simple (receive money, withdraw money in cash only) . You cannot get card on the account, yoy cannot deposit dollar into the accoubt yourself (money must come from offshore).

Napoleon55:
Can u open dom account at UBA without any referer?

. YOU DO NOT NEED TO OPEN AN ACCOUNT IF YOU ALREADY HAVE ONE WITH THE BANK IN NAIRA. THE MONEY YOU RECEIVE WILL BE USED BY UBA TO CREAT ACCOUNT FOR YOU AUTOMATICALLY

To receive fx into UBA ACCOUNT is simple. If you have a Naira savings account. I don't know if it works for a urrent account too. You just put that savings account no and UBA swiftcode on the form that you fill for where the foreign payment is coming from, if dollar is receiced from the source, UBA will through their head office open a dom accounts for you, send you alert when the money has come, you then go to any branch of UBA, the customer service will give you the accoubt number and you can start withdrawing your money in USD. just like you withdraw from an ordinary savings account. But note that you cannot transfer money for a payment from that account nor get ATM card. You must withdraw the money in cash of that foreign currency only.

yok:
YOU NEED TO KNOW TECHNICAL ANALYSIS TO SURVIVE IN THE MODERN DAY MARKET!!!

I trust my technical analysis. And it is a field of continued research to do things bettet!!!!

SEEING THIS QUOTE FROM PETER LYNCH MAKE ME HAPPY
This is a fundamental analysis Guru. But what he is telling us is that we need a touch of technical analysis. Come to think of it, what is tehnical analysis, it is simply a study of stock prices, volumes and time. Sometimes, when I read Wyckoff, despite the fact that he is noted for technical analysis, he uses fundamental data as basis for his works (visited farming areas to advice futures traders on direction/forecast of commodity prices). Note that Wyckoff service was for the rich traders or big money only and even talk of how big money manipulated the media to confuse the general public, but Wyckoff trusted the charts to tell him the truth and not even the news and he made money both as a trader and as adviser to rich clients. So over to us as individuals, there is nothing difficult in technical analyisi. For me technical analysis is fundamental analysis in another dimention (study of price/volume/time).

YOU NEED TO KNOW TECHNICAL ANALYSIS TO SURVIVE IN THE MODERN DAY MARKET!!!

I trust my technical analysis. And it is a field of continued research to do things bettet!!!!

IF WE CAN ALL ABIDE BY THE SIMPLE RULE: BUY LOW SELL HIGH, WE WILL MAKE MONEY
I observe that my portfolio has been stable for those stocks I bought at strong support despite the difficult nature of the current market.

MARKET IS COOLING DOWN
The market had been hot in the last one week. Today looks like a time for market to start cooling down against the US GDP rrport for next week Thursday.

There is no need to panic. Let us take profit if our position is under threat.

MARKET FOR THE WEEK IS ENDED WAS SWEET- WHAT NEXT
There is temptation to start buying risky stocks again!!! But we will continue to restrain ourself. We have just reviewed our watchlist and we see one stock with multiple support points on the weekly chart.

Check our twitter page tommorrow for the stock.

We want to stay long in tjis market, so we will only buy low and sell high

CURRENTLY WE ARE SHARING SOME FUNDAMENTAL INFORMATION TO OUR MEMBERS
This is how some quaterly fundamentals for UBA look like.

We simplify fundamentals and technicals for easy understanding.

Also, there is the possibility that the Nigeria index may not go down during the election as we are envisaging due to some developments in the global market, it may continue tibe ib a range, except something very threatening to the business operatibg environment happens.

Let us have a nice day.

I AM ENJOYING THIS FORUM AND GLOBAL STOCKS
As expected by our message to the members this morning. The market recovery continues. China opening, US inflation declining and earning season added. The bulls must just show up.

What do I want to buy now: QLD

Just one of the stocks from our watchlist.

WE NEED TO STRIVE FOR LONGEVITY IN THIS MARKET
The last 2 days have been sweet in the global market.

We are happy at our strategy of simple buy low sell high trafibg system.

You can check and see some cracy gain. BBBY is an example, but for us we do not take such risk. It is a case of slow and steady win the race.

TARGET TECHNICAL- MARKET EXTRACT
The bears are getting some volume behind them and most profitable trades at tge miment are likely to be like scalps.

From our report sent to members this morning (we have indicated even days earlier), FBNH seems to be trading at a fair price, close to a good support point (our member to read their report for the actual support and resitant points).

WHICH SECTOR ARE WE HUNTING FROM
Like we told our paying subsribers since yesterday, the probability of going wrong with Chinese related stocks at this moment is close to zero. Equally, energy and some other sectors (we equally mention them, and will release additional information tommorrow morning) will experience boom.

Okay you can check our twitter page, we mentioned a stock about 3 days ago too.

Let us make safety of our investments a priority!!!!

LAST 2 DAYS HAS BEEN A BOMB IN THIS MARKET
With the stability in our portfolio and improvement in our winning trades, I am seriously considering, bring sone of my trades to Trove. At least if I get dividend I can easily cash them out, as long ad it is up to $5 minimum!!!

Let us continue to enjoy this market recovery, the last 2 days has been a big boom in the market. I think we can day AWA LOKAN in this forum to make profit

Napoleon55:
Pls which bank card can u suggest for me,
GTB bank have stopped using their naira master card for international online payment,except u have dollar account.
Which other bank do suggest.
Thank u

Actuall this matter is becoming a concern for anybody that pays International subscriptions. Due to the public nature of this forum, I am restraint from mentioning any banks. But we should continue to explore. Have you tried Access?

chunkuli:
please how do l log into the sproufl account , l had passfolio account. please l need to sell my shares

You log in the way you log into any other account. If you have forgotten your password, click forget password, and link to change to new password would be sent to your email address and you change to new password.

STOCK SIGNAL FOR 3 JANUARY 2023
Happy new year to all. It 8s no big deal that many novice traders that started trading in the global market during the Covid lock down are now out of the market, some suffering big losses? No big deal it is a worldwide issue. To last in investing, you just neef to play by the rule (buy low sell high).

We are startibg this year with renewed optimism, no sentiment, we are prepared to play on the long and short side, today we will start with longs in mind (some inverse are already overbought), but we are ready to sell our postion if we see negative sentiments setting in.

Sorry no buy list for the general public today (the member always have a watchlist from us).

The chart below is our expectation for Nigeria market today. The members have our buy list plus comments for the major equities

WE ARE STILL ACTIVE IN THE MARKET
We sold SJT and swap it for another dividend paying stock with 2% plus gain on the day of buying the new stock. We bought BPT.

Also, we received dividend on one of the high dividend yield stock PDBC.

We are not posting frequently, as we are dishing our mostly profit making ideas, and after our members are done with buying we can post.

Buy once a while we will post just same time as we are giving the signals to our members, So stay close to this forum.

CHAKA'S PKATFORM IS ON CHRISTMAS HOLIDAY
As I am typibg this message, Chaka's pkatform is down?? And market is open!!!

These Nigeria APPS are big disappointment. Do they think passfolio was collecting monthly fee for nothing? I was happy praying passpro fee, but for Chaka, the $1 dollar fee is not worth it, looking at the quality of their service!!! When will these Nigeria APPS improve, and we need a good platform that will replace PASSFOLIO, i. E Nigeria friendly!!!

SPOURTFI has not broken down for 1 second , since I have been using them!!!

WHICH STOCK WILL WARREN BUFFET BUY IN THIS NIGERIA MARKET?
Technical anaylysis can tell you this and we will also chip in idea from Peter Lynch too.

So look forward to pur list soon. It is an idea we have been looking at over time, so as usual expect something goid from us. We vlcan all remember our MSCI indicator then, this Warren Buffet stock list will be cool, we gave a bank that is at buying zone ro our members today, it is like a no miss pick !!!

TODAY I EXIT MY SHORTS
Today I exit my shorts. I am only interested in value plays at the moment. I continue to focus on dividend paying stocks mainly.

Bought a stock today, a beaten down dividend paying stock at support with a 48yrs record of dividend payments

alexnurreo:
rectified.. just follow up and you’ll be credited but at cbn rate

Hello Allexnuro, the Guy that had problem with Sprotfi withdrawal, can you telkus if you have recived your money. Also what are tge charges involved in wire transfer? I want to know the cahrges involved as the charge has kept me our of fubdong my tradezero account?

So let us know how tge matter was concluded.

Thanks. Whoever is ibterestef in more stock recommendations can visit our twitter page, we give you gists that will make you money!!!! https://mobile.twitter.com/analysistarget

CMRE is our stock of the day. A dividend paying stock in rock solid support zone. I can close my eyes, buy this stock and go for a nap(you should know, in this market we cannot go and sleep, we need to take profit at resistance).

What business is CMRE, it is a container transportation company, look at containers in Nigeria you will see the inscription on some of them, this is Costmare Shipping Ltd. Buy a stock like this and have peace of mind, at least you can relate with their business and company will not dispear after some few years !!!

This chart is showing a double bottom raise to power 2, this is like free trade, little risk, there is probability of price appreciation plus dividend.

For our subscribers, profit forecast for major Nigeria stocks will likely start going to their message boxes from next week, new subscriber can partake in the opportunity too.

Happy day to all.

SERIOUSLY MISSING PASSFOLIO WITH AVAILABILITY OF STOP LOSS/LIMMIT ORDERS
SPROUTFI lacking limits/stop orders is a big problem. If CHAKA and Co are better than what they are, they could have been another alternative.

Somehow we need CHAKA for easy/fast withdrawals. Looking at need for fast withdrawals[b], I may start transacting business at CHAKA except there is a better alternative platform soon. [/b] Chaka is preferred above TROVE due to flat commission rate (no minimum), thus you can even invest less than $5 at a time, commission is flat, compare with TROVE which has a minimum commission of around $1.

BIVI is now a buy from my end henceforth, SAVA was similar moved from $4 to $100 in a matter of weeks, let us see what BIVI can do

STOCK CAN GO UP, BUT WILL DO GRADUALLY
I feel for you realy. The market as it is now is teaching us that, you cannot buy and hold in this traders' market. Also, we need to change our strategy and go for quality stocks. I don't know why theses days, most stocks below $5 don't attract my attention, except for tankers, gold, indexes and coal stocks.

Also, we just need to know that we are competing with professionals who are monitoring the market 24 hrs and have trading systems and spend money on signal services /softwares.

Let us up our game so that we can survive for the long term

I LOVE THIS NIGERIA MARKET
This market continue to sound the warning bell that it want to retrace. Looking at the chart below, I believe you will not buy aggressively. Whether you know how to read charts or not, yo can see that the all share index is at a temporary top.

So, what can we buy today? We have given our opinion to the people that matters and they appreciate it.

Follow what we tell you and stay on the profitable side.

SPROUTFI IS GOOD AND LOOKS PROMISING + ONE STOCK ON OUR RADAR
One of the observation on Sproutfi is that it has so many stocks. I just did a quick check on this stock I want to point on TROVE (Trove some how have more stocks than CHAKA, but will be the last platform I will ever consider, if I want to use Nigeria platform (all are not up to standard), I may manage Chaka, due to the fact that it is likely to be more financially sound compared with others) but have few stocks to offer.

The stock I will like us to have [b]on our radar is BIVI, [/b]for now you cannot buy immediately, just gained over 70% in 2 days, the area of business is always moving the market in the biotech industry. Let us wait and see if it gets to support we can buy, using our system/indicators. If you have no system/indicator we can give you one from our trading plan blueprint at a cheap co88st (3k specifically), [b]it is a whole book of about 20 pages of authentic information you will profit from. [/b]p

have a nice day

THIS IS THE OPENING PARAGRAPH OF WHAT WE SHARED IN OUR GROUP TODAY
For the Allshare Index we are in an area where the market has no option, but to retrace, so we need to slow down, but if for any reason we need to buy, we go for only the strong stocks. The leading stocks are mostly retracing or about to. Examples are:Airtel (likely to retrace), FBNH (on serious retracement, support is at 9.61), MTNN (currently retracing)

THE MARKET IS THOUGH, BUT WE KEEP MOVING ON
We continue to consolidate our position in our preferred sector, it is tough, but we keep moving.

This time around we are targeting stick that will deliver gains in the medium/long timeframe. It us not easy especially when the market moves against you heavily. For what you want to hold for a long time and is not a stock like a SPAC that may disappear in few years you should have the patience to absorb some volatility l, the likes of Buffet sometimes take 25% reduction in value as normal? For us this may be difficult?

Our members will get the gist of what we have just bought. It is risky, but we are sure it will not dispear into thin air and for additional comfort, there is dividend attached.

TRADING IS LIKE WORLD CUP
At group stage we have so many teams. Now is knockout stage, the boys have been knocked out of their money only the men are standing.

On a serious note, the market is unstable at the moment, we need to stop buying for now and study the market. Even the Nigeria market is showing similar pattern to the global market if you buy a stock 8n the Nigeria market there is high probability that you are buying a top which is likely to retrace soon

So, be careful. Our strategy to play the global stocks still stands, buy good quality stocks only, the days of buying SPACs have gone. So are focusing on dividend paying stocks only.

At the moment we want to consider more Chinese stocks!!!

MARKET BACK TO THE BULLISH SIDE V8A POWELL SPEECH, CHINA RIOT, EU SEEMING SOFTPEDAL ON RUSSIA OIL CAP
The bull is back. I hope for those using Nigeria app, non of the is malfunctioning as at time of this message, my initial checks seems to show that Trove and Chaka are working, but if I see free commission at Sproutfi why would I bother my head on paying commission plus poor quality service?

I wonder what Trove on particular can do to have most of us back on the platform? If not for the fact that I still have money on the Trove platform I would have stopped the messages, I don't even read their messages again (so how can you have me back when I don't even read your messages, I believe the person sending the message has indirectly gone back to his area of core competence (internet marketing, but when you have messed up so much, what do you want to sell to the people you have dissapointed big time, imagine me having a trade that is at the edge of giving up my gains and my platform goes off for one full day), our Nigeria platforms need to improve, trading platform is not a bet Nija plaform[b] (we are not gambling, we control risk) [/b]. So if you now take away my ability to control my risk via plaform not working, then you have a gambling platform which is of no interest to traders like me

Good night to all and we look forward to a new month, December is starting tommorow, for those that have money on the market, let us see how December will open, indication is that it will start bullish, may this December ne DECEMBER TO REMBER FOR US ALL

THE GLOBAL STOCK MARKET US A SERIOUS ARENA YOU MUST LEARN BY FORCE?
The name of the game is beign able to hold your portfolio till you can become profitable. I have just looked at some statistics (using Monte Carlo system) indicating that in the 1st one year your portfolio may not make profit, but 5 years down the line, you are likely to start making serious money!!! Will you be able to last 5 years in this market? Following good trading rules and do not make only penny stocks your focus and have some dividend paying stocks in your portfolio.

If you visit our twitter page you will see what we bought today!!!