₦airaland Forum

NASDAQ STOCK PICKS
As expected the premarket is burning red hot especially for the Canabiz stock and alternative energy equities. This is a good time to be in the market. The Electric Vehicle, Cannabis Sector seems to be the 1st beneficiary of this Biden Presidency. For everybody in this forum I say congratulations for belonging here.

Our picks for the week looking at the chart pattern SOLO looks good and had the backing of likely improvement in earnings. NIO, XPEV, FUV and KNDI are the others . The 1st 2 looks high. We will prefer the ones that have not run up in price much SOLO/KNDI.

I can't remember the people I sent the chart to. If you are in our e-mail list congratulations.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS

NASDAQ Market keep recovering on expectation of stimulus approval after election, improved US fuel consumption for the week and maintain ace of output cut by OPEC/Russia. For investors it is a time to slow down as Election results are being awaited, big fall not expected, unless there is dispute on Election result. It seems investors not care if it is a “blue wave (Biden)” or a “red wave (Trump)” they just want to play their game. We should stay to our plan $GPRO still okay.

Resistance level to watch: 11,562.86

We explain further the purpose of our price forecast (based on previous trend), the actual can tell us if the new result is in line with the trend or an exception to the trend, thus our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
Today is the D day, there is so much optimism in the air, premarket is looking forward to a bullish day. Oil is up while the Dollar is down (a vote for the bulls). Today out pick will be GPRO, with the previous performance and positive market expectation this stock dare not disappoint!!! Wishing everybody a very bright day. As a Nigerian I want to ask, these Americans are voting and normal business seems to be going on How?

On the local scene, the market may be in a range for some time, the performance of the big caps with good result will probably continue to sustain the index, but we should avoid all these small small companies like a plague for now. Any company without good financial muscle may not be able to survive post Covid.


We still keep our watch list in view, we are fully loaded to flow along with the market!!!. I am not missing Nigeria stock exchange at all, I have found the international equities to be better, at least I can think long term with the likes of TSLA, MSFT, FB, PYPL etc

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS

NASDAQ trend is down at the moment as we approach the final election date. This is a time we need to learn patience. Waiting till the election is over will be a good idea I don't know if the market is trying to deceive people, the pre-market is exceptionally bullish today (due to some positive data from China/Europe), but we expect a bearish day as most big money will be staying on the sideline till a Presidential candidate emerges.

We explain further the purpose of our price forecast (based on previous trend), the actual can tell us if the new result is in line with the trend or an exception to the trend, thus it can be used to gauge our medium term move for the market (see the chart below using MTN and Caverton as example), we have shown our forecast before in this forum see page 164.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
NASDAQ looking like another bearish day. No qualms we will not be worried as long as index stays above 10,888.29. We will want to use this opportunity to buy quality stocks at beaten down prices. This is time we will not chase any stock. PLUG , PEIX are some of the equities in our mind. Good time to continue to take profits or have stop loss in place to protect us from big losses. The market is not going away, we should exercise patience till election is over before committing big money to this market.

With our small money we can still have a portfolio of good stocks. See example of a portfolio for $100 from one of the best stockbroker in US.

On the local scene, sustainability of the rising market doubtful, let us be careful.


We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com
[b]
Caution: [/b]This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

MTN NIGERIA'S PAT AND OUR FORECAST- VERY CLOSE, WHAT WILL CAVERTON SHOW FOR 30 SEPT 2020
Did you notice our forecast of yesterday and MTN's actual PAT? Very close.

Tomorrow we will reveal what the expected PAT for Caverton should look like.

Imagine having these figures with you 3 or 4 month in advance, the final result will be like "Old News". this why we rely on subscription to Target Technical Analysis.

Okay do not let us wait for tomorrow let us see forecast September 2020 result for Caverton Group today?

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
NASDAQ Premarket is looking very bearish today, we need to brace up for a lot of red candles. Not a time to panic, but to avoid unnecessary risk taking. We can take the time to plan for our trades for next week once the election is over, we will know that stimulus will follow and fight with Covid continues. This is a time to plan how we can better our trades and learnt that sometimes we have to wait for the right entry points.

On the local scene, market trading is a range, but we should avoid buying stock at close to resistance point and take this opened window to sell some of our dad trades!!!


We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com
Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

Leezah:
Why?

Trove will give you access to your dividend. It will hit your wallet nearly the following day it is declared and you can withdraw into your Naira account immediately without any problem whatsoever.

Earlier in this forum I wrote how I got my dividend for FRO. It was from Trove!!!

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
NASDAQ is entering a slowdown phase as we move towards the election period. For now China holds the ace. Low demand for oil and rising Covid is a big concern. However, we see opportunities in Covid, Internet stocks and if oil demand continues to go down, need for storage tankers will come up again (but on the tanker side things are risky as it is a sector that lacks long term growth, only good for dividend)

On the local scene, market is in a range probability of fall in market will not be ruled out. See some of our forecasts below: Dangcem/MTN expected results for 30 September 2020.


We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com
Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

IF I MUST BUY A STOCK THIS WEEK WITHOUT 2 MANY CHOICES AND WILL GO TO BED PEACEFULLY

If we have the patience to wait and take some heat temporarily if it seem the idea did not work out initially, I will go for GPRO (Go Pro Inc ) as the coy is likely to beat earnings come 5 November 2020. I am upbeat about this stock if I look at what happened to SNAP (GPRO is just in similar business like SNAP), 50% gain in about 3 days!! It is possible here too, with the stock just moving past the 50 and 200 EMA and price above $5, I am sure the short sellers are getting ready to say bye to their money the risk is against the short sellers.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
Market attempting to recover divergences appearing on the lower time frames. Market likely to stabilize with the news of FDA final approval for a Covid drug and Russia ready to support continued oil production cut. But we should know that most of the big money are on the sideline we need to curb unnecessary exuberance.

On the local scene, market is in a range probability of fall in market will not be rules out.

For those on our free mailing list we have just e-mail our forecast on about 5 companies to them.


We still keep our watch list in view.

With us you are investing with a double edged sword, local and international stock. We are making arrangement to make our ideas violable to everybody at a price of buying a biscuit for your child, such that you will have no excuses for losing money in the market. For now it is like free to those who are interested (but the fewer the better for us).

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com
Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
Market still in fearful mode, we should prepare ourselves for another bearish day with the stimulus bill still hanging in the air. It is doubtful if the positive earnings can lift this market as we move deeper into the election period. But as usual Trump may swing suddenly to agree with democrats on the stimulus lock jam which will be a big boost to the market on the day it happens. For now we are building our dividend/growth stock defense line.

On the local scene, below is our expectation of the September 2020 result for Transcorp Group, a loss is like a certainty for the current quarter and the year end (Compared with the 2019 figures).

People on our free subscribers mailing list [b][/b]has got our abridged report earlier in the day (this is part of our social responsibility contribution to educating people about the market).


We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com
Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

our condolence goes to all Nigerians for the ENDsars killings. #LekkiGenodise

DAILY SCIENTIFIC STOCK PICKS
Market in the last 5 days has not been too interesting; the fear factor is now becoming prevalent. We continue to move our portfolio into the safe stocks while avoiding low quality equities. The expected stimulus bill will have impact on the market for few days only. Therefore, we should stick to our normal plan. China is now very important for our portfolio. The Chinese market is like the better place to be, this is the reason while the Asian trading hours which is reflect in premarket activities always looks more interesting.


We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
Market likely to retrace further in view of the delay in stimulus approval, falling oil prices and rising Covid’19 cases. But there is one good news, one of our recommended stock will probably gain 70 to 100% today (see ACOR, Acorda Therepeutics, see old posts of our sample portfolio). Again we want to say this is no shit business, if you have not joined our subscription service you are probably taking your trading as shit business!!! Need to get serious with your trading by joining our service. Take your trading to the next level and become profitable.

This new week is likely to be good for VXRT or any moment from now.

We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com
Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
Contrary to our negative expectation for Monday base on the last 3 trading days of last week, but China positive data and stimulus hope coming up again is a stabilizing factor for the new week. Covid related stocks are likely to hold their ground this week as new cases continue to rise in US.

This new week is likely to be good for [url]VXRT.[/url] What I have learnt is that if a stock is good, we can hold it for a long time and the value will materialize as long as as long as stock has no risk of insolvency.

We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
Late rally prevented yesterday from being a big loss day. Market is retracing, we need to seek less risk at this point in time as more big money are getting out of the market (no progress on stimulus/election approaching, economic slowdown). OPK is looking good for re-entry.

Finally for today, we need to have a reason for every stock we buy so that if the reason becomes faulted in any way we sell and move on. Thus, we are out of all our positions for the stimulus approval since there is delay, sold HMHC yesterday for small profit!!!

We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com
Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY SCIENTIFIC STOCK PICKS
Market is looking very dangerous today. Good time to start taking profits. We should avoid buying breakouts, the best we can do at a time like this is to ensure that we only buy at support. Yesterday we added HMLP & ACOR. One of those few days when we just have to avoid ourselves from being pushed into the front of the dangerously moving bearish train.

We still keep our watch list in view.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page or send mail to 2002@gmail.com

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis [url]https://twitter.com/AnalysisTarget
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DAILY SCIENTIFIC STOCK PICKS
Tuesday was not a bad day. Sold some quantities of HMHC, to have some ammunition to play with. SOL and VXRT [/b]delivered as expected. Bigger gain was made in our portfolio with Chaka (only our subscriber can see the portfolio): [b]BGFV, NK [/b]and [b]GPRO were super. If you are not in GPRO yet, don’t attempt to buy at the moment, if it reverse, you can get crushed. You may be better off in the likes of VBIV . Our watch list is loaded, I do not want to add more, but PVR (retractable tech) is looking good too. The short squeeze setting up in GPRO looks fantastic, we are enjoying this game!!! We look forward to the market opening again today.

Concerning Chaka going back to $2 minimum charge, it is very unfortunate. The we will start our own operation #EndchakaNow, with immediate effect effect I am stopping using chaka. Going forward, the likes of [b]Infinity Futures are really my target, I don't really like local things, but we try to squeeze (some many tickers not available after taking time to do research)yourself to use the like of chaka but they want to mess up, good luck to them.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis [url]https://twitter.com/AnalysisTarget

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DAILY SCIENTIFIC STOCK PICKS
Market set for a possible retracement today. However, we do not expect a big fall off looking at the Apple IPhone release activity and the on-going stimulus issue. Our test portfolio has been updated we sold FRO and bought some other equities with the proceed, reason for our action has been explained to subscribers

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis [url]https://twitter.com/AnalysisTarget
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DAILY SCIENTIFIC STOCK PICKS[font=Lucida Sans Unicode][/font][color=#006600][/color]
NEED YOUR SHARE OF THE AMERICAN STIMULUS PACKAGE?

NASDAQ composite gained for the week just ended. It was a very interesting week and there is likelihood that the new week will continue the momentum as we all await the stimulus bill approval. As per our test trades below, we can be part of those that will enjoy the stimulus our plan is to cash out some of our gains as soon as the stimulus package is approved an then continue in the market thereafter.

Our portfolios are designed to buy at blood in the street point and thus will require small stop loss. For more ideas visit our twitter page.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

NASDAQ STOCK PICKS 5 OCT 2020
Stock business is serious business! You need to take your stock trading to the next level, premarket OPKO is showing +2.5% let us see how high it can go for the week. There is always this caution that tells people that the Analyst is holding a stock or has no interest in stock. For us we will tell you that we are here, we have seen profits and we give no damn care that we will sell once we are above 20%, for any bag holder we say sorry please?

This may be like people that bought INO at $25 and are still holding, we say sorry, you have to know whom to follow!!!

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DIVIDEND FOR 30 UNITS OF FRO JUST LANDED


Very happy this morning that dividend for FRO just hit my wallet. The most interesting this is that there was no tax deduction (Midstream Company), dividend was treated as if paid by a Reit.

Hello Oakpeal, I will send you a DM for you phone contact, I owe U a small recharge card ASAP for being the "Onyenmecha Uzoh 1" of this forum.

Going forward the dividend will either be withdrawn or use to buy OPK. Bought OPK at 3.62

Let us all continue to support the form and assist ourselves both as individuals and as group. Also, the market is more for trading, we should avoid this buy and hold mentality (except for the blue chips: Apple , Tesla, Altria etc) the market is a risky place especially at a time like this. But equally, the opportunities in the market are so versed that people like us cannot do without the market.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

OUR PORTFOLIO CONSTRUCTION IS VERY IMPORTANT
It is a fact that market has been going down for the past 3 weeks. However, if we are diversified in our portfolio we may nor feel the bearish effect much. Looking at the bearish expectation of the market, I just look at the premarket prices, but some of our recent picks have shown some level of optimism again like (VBIV) and other Covid'19 related stocks. We need to know our game well or else we will get killed by unnecessary fear.

For the current week, we are picking TWI (Titan Industries), main reason is that fact that the company will likely benefit from the next stimulus package and is close to a breakout level/strong uptrend. [/b]On a general note [b]Tesla, company is in so many good businesses that are likely to spring surprises on the positive side is likely to be a good stock if we look to buy on hitting support level, we can buy part like 0.10 units, less than $50.

On the dividend yield side DHT will always have our vote anytime, when I look at the staff strength of this company I always wonder if the figure of under 10 staff can be true for a profitable business like this, I will seek to investigate further.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

INVEST WITH THE INSIDERS- “SDC” (SMILE DIRECT CLUB)

One of the fairly risk free systems one can use to make profit in the market is to invest along with the insiders, especially the ones with track records of being able to time the market.

I love SDC as an insider buy because the trend is about to begin and we can see most of the directors buying heavily, including the Finance Head.

Let us mark the price as at to $9.80

Investing without a guide in the stock market can be a recipe for disaster. For more stock ideas, check our twitter page.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

mission08:
Hi Oakpeal, many thanks for this heads up.

I saw this post yesterday morning and I quickly did some research on EV stocks. My quick search lead me to Electrameccanica Vehicle (SOLO) among other viable stocks also considering the fact that it is a small cap stock. With the information I read, it seems quite promising and I bought a few number of shares. Between yesterday and today, I'm up 59.5%. Although I don't know what brought about this huge increase but I'm glad I didnt delay when I saw Oakpeal's post.

Good start congrats.

CHOSING BETWEEN QEP AND OTHERS WAS A BIG TASK
Have a taste of one of our current picks. This is one of the reason people are paying for subscription. For more ideas, you need to visit our twitter page. We are sure you will not regret it.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

MARKET UPDATE FOR OPENING OF 26 JUNE 2020

Market down on Thursday 9 gainers and 8 losers index closed at 24,625.24 compared with 24,654.99 for the previous trading day. The loss for the week is -0.81%, as at this morning. we expect a small bounce in the market today. However, overall this week goes to the bears. Wishing everyone happy weekend.

We need to diversify to International equities. The US market is fantastic and mind blowing; “INO” Inovio Pharmaceuticals, has already made a gain of over 3.3% as at this morning (after close of market yesterday). The company is expected to make some announcements soon that will sustain the trend base on the test the vaccine that is taking place in South Korea. Therefore, the trend is still our friend here. You need to continue your subscription as I believe the International stock market is the “DEAL”. I made a rough calculation of the value of the stock traded yesterday around 8.30 pm West Africa Time (market closes 9.30pm WA Time), it was worth $2.4Billion, also the "RobinHood day traders" cannot move this type of stock, the big funds are just scooping up this stock like mad.

For your research, just paper trade the list below for one or 2 weeks to decide if it is worth a trial. You can also follow up our twitter page for more updates.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

STOCKS TO AVOID ON NIGERIA STOCK EXCHANGE/MARKET UPDATE FOR WEEK ENDED 19 JUNE

The stock market has not changed (since the days of Wyckoff, JP M0rgan etc), the game sometimes is designed to lure innocent public to make unprofitable trades. The scheme will be like a bait, initially the big moneys will buy some quantities; when the intention is actually to offload some high volume to the retail public). When the retail public see the big buying, the retail public will then start buying,subtly big money will then offload a very large volume after which the price of such equity will fall. I hope we get the logic of the game.

I deliberately put ABC transport in our covid test, when I saw some volume showing up recently (but immediately I look at the Audited Financial Statement of Financial Position (http://www.nse.com.ng/Financial_NewsDocs/30237_ABC_TRANSPORT_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf) and saw that the retained earnings was negative I made a retreat. However, on technical analysis ground, if the stock goes above NGN0.54, we may see another Pfizer price jump in play again. Looking at the risk side, I will not touch this type of equity with a long pole. Going forward with Interstate and Inter-country lock-downs I wonder what the June 2020 will look like!!!


NSE All Share Index Update for the Week:
Loss for the week: -1.41%
Loss for the Month: -1.75%
Gain for the Qtr: +16.55%
Loss for the year: -7.51%

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget[/quote]

STOCKS TO AVOID ON NIGERIA STOCK EXCHANGE

Below is our update on stock to run away from. If for any reason you have bought any of these, the best gift you can give yourself is to get out as fast as possible.

My opinion in this type of our environment is that the real heath of a company is justified by the payment of dividend ;if I want to invest in growth, while ignoring dividend in the immediate term, I will go for the International equities where things are more stable.
, at least in general terms.

What happened on Robinhood issues/ American stock should be a lesson to us. Especially those who believe that they are self-taught?. The stock market/investment industry is full of Professionals who are very good and have long time experience in the market behind them. Therefore, is an amateurs want to beat the Professionals in this game, it can only be temporal. Like the usual saying, except in the Spiritual matters, in real business world Goliath will always beat a David hand's down.

Let us all continue to seek education on the market and always guard against excessive risk.

Market update as at the morning:[b][/b] Loss for the week as at this morning: -0.99%

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

Care4:
Hi. Any dividend stock recommendations?
Cc: seyisanya, yok, yeryer, thesilentone

Don't think I have the energy for active trading on the foreign market yet

Hi Care4,
For most foreign stocks the dividend yield are very low. If you need dividend yield Nigerian stocks are better.

However, if you are so much comfortable with dividend yields: this is one we came across in our scanning the market. I believe the risk on the downside is minimal, ticker is BTG (B2Gold Corp).

Thank U for mentioning our names, I am sure this gladdens our heart that we are being appreciated and we will be inclined to try our best not to disappoint you. we are just your ever faithful servants, abeg add Oakpeal's name too, you should know that people like me makes very few posts here.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

THIS SEEMS TO ME THE TIME FOR GOLD AND BIOTECH STOCKS

The 2 stocks below look interesting and we will continue to follow up. I will stay with MRNA for now and keep SAVA in my watch list.

Greetings to OakPeal and other members of this forum!!!

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget