fxuser:

Vol table

Diamond 31m (opened lower, closed higher but below yesterday close )
Fidelity 25m (opened higher , closed lower than yesterday. seems some JUJU support building ard 86kobo )
UBA 22m (opened higher, closed at same price yesterday ! new support possibly at 4.8 ! ! )
Zenith 18m (opened lower, closed lower ! ! ) um



dividend bias bears

Mpeace:
Events in recent times has led me to the conclusion that investments in Nigerian stock exchange is not just a gamble, but an exclusive machine for insiders at the detriment of others.

Recommendation:


https://www.youtube.com/watch?v=wkrbbkU9xds

PETERiCHY:


So it's now that you know that CAPITAL PRESERVATION is key

When i was screaming that this year will mark the worst NSE calender year you thought it was a joke.

Well some of us has invested all our Naira in TBS since Dec.

We only come to NSE to gamble with part of the whooping 22.9% upfront interest we got




*ThE OcToPuS*

Pete, Pete, please take it easy. Actually some (about 60%) of what you are saying is right, but the problem I see is the ways through which you are putting it (like a prophecy of doom instead of advice). Anyways, remember this forum was meant to sensitize/advice fellow NBSITL on how to make the best use of the opportunities in the NSE. Have a nice day or is it night in the UAE.

PETERiCHY:


So it's now that you know that CAPITAL PRESERVATION is key

When i was screaming that this year will mark the worst NSE calender year you thought it was a joke.

Well some of us has invested all our Naira in TBS since Dec.

We only come to NSE to gamble with part of the whooping 22.9% upfront interest we got

*ThE OcToPuS*

And transcorp is the best to buy?

PETERiCHY:


So it's now that you know that CAPITAL PRESERVATION is key

When i was screaming that this year will mark the worst NSE calender year you thought it was a joke.

Well some of us has invested all our Naira in TBS since Dec.

We only come to NSE to gamble with part of the whooping 22.9% upfront interest we got

*ThE OcToPuS*

Cool down Peter, TB isn't new to most of us here.

But this thread is exclusively for stock market information and alert.

IF TB is the best why not invest the profit back ?

@ihedioramma , @locodemy @ALL ... If UACN is a good buy why is it still falling .

Mascotlawman:



Please Peterichy how can I reach u for more guide on TBS. Please very important.

https://www.nairaland.com/878880/treasury-bills-nigeria/255

Follow the above thread to get all the full gist about TREASURY BILLS.

TB is where you put your money you be sleeping and smiling unlike NSE where you will be thinking of the companies that will collapse and the ones that will survive

OBAGADAFFI:


Cool down Peter, TB isn't new to most of us here.

But this thread is exclusively for stock market information and alert.

Yes TB isn't new but the YIELDS has never been this HIGH, that's been in the right place at the right time.

Above all there's a CHRONIC RECCESSION so chances of people losing their FUNDS in the nigeria business terrain are VERY HIGH.

ihedioramma:
IF TB is the best why not invest the profit back ?

You don't put all your eggs in one basket.

PETERiCHY:


You don't put all your eggs in one basket.

OR 'Do not deal with EGGS and BASKETS only'.... /

locodemy:


And transcorp is the best to buy?

Personally I have made a hellish profit from TRANSCORP which I dont think i ever made on any other stock in NSE and may God bless Tony Elumelu real good for that.

I bought my ever first batch @53kobo in May 2012 via my stockbrokers advice and and my 2nd batch @N3:80k in April 2014 I sold all N4.50k same year before it later traded above N7.

So recouping it @80kobo is a good buy for me. PERIOD!

PETERiCHY:


You don't put all your eggs in one basket.

PETER MR OR MRS ?

Tritri:
@ihedioramma , @locodemy @ALL ... If UACN is a good buy why is it still falling .

you they eye am ? Brother not only UACN look well, well all the good stock keep falling .This is time to invest not jijo . Go tru my and peterichy post last two end month of 2016, were we said is going to be like this now. buy one get two free . do you remember

OakPearl:


Absolutely true bro.
Best stock phrase I've read here in 2017!
Suggested materials, tools, resources and apps to learn these things needed badly.
Anyone pls?

Emperorville:
pls how do i learn all the technicalities or better-still you give me link to materials to learn them. thanks will really appreciate it.

I think fxuser once posted some links and books if I'm not mistaken. You could go through his posts or ask him to help with resources for a few units of UCAP.

NSE Index
- 20dma stays below 50 dma , bearish
- RSi breaks below 30 into over sold region
- Last time RSI broke below 30 was 07 Nov , Index was at 26,887
- Stayed below 30 till the 01 Dec , hitting 25,362 before breaking into a short term Dec rally
- Expected further downside and possible test of recent low
- the bears like big caps , caution to those positioning for div rally et al !

#brace

Please house, can someone tell me how i can go about to receive my Eterna Oil dividend that was paid last year.

NB; I have not subscribed to e-dividend so i was suppose to receive it my mail post but it has not arrived since then. Please help.

slyopez:
Please house, can someone tell me how i can go about to receive my Eterna Oil dividend that was paid last year.

NB; I have not subscribed to e-dividend so i was suppose to receive it my mail post but it has not arrived since then. Please help.

Visit the registrars

Forte Oil
- bears not done here !
- next test is prev low
- macd stays bearish
- we may see a double bottom !
- 20dma stays welll below 50dma !

Zenith
- this pull back still in effect !
- big red candle stick
- rsi dropping , macd dropping
- Expect a break below N15 , -ve sentiments still at play
-

How about UCAP and OANDO? Good morning @ Fxuser

Aks:
How about UCAP and OANDO? Good morning @ Fxuser

UCAP
- in an upward channel


Oando
- bulls unable to hold SP above N5, bears pushed back ,
- SP is looking for support



TA teaches:
stocks in a down trend - u sell the bounce, cos they make lower lows
stock in a up trend - u buy the pull backs , cos they make higher highs

Dis:
WIP : discipline & patience

fxuser:
Zenith
- this pull back still in effect !
- big red candle stick
- rsi dropping , macd dropping
- Expect a break below N15 , -ve sentiments still at play
-

Hello Chief

pls what is the next support and resistance price points for Zenith

same as for NSE Index

thank you

Zenith (recent experience)
- instead of waiting for a breakout above n16 (i.e a close above )
- i took some minor position in '' anticipation ''
- and then BANG ! FULL back hand SLAP rejection at n16 , im laughing at myself.
(- Note: your opinions cant move markets loll, dont take them too serz )

Wat next:
Sold down some of the position to a level that will not be distracting me
Expect further short term pull back , watch for support levels !
So we keep learning to be disciplined & patient with set ups , hope it helps someone here

chart:
https://invst.ly/386wz

fxuser:


UCAP
- in an upward channel


Oando
- bulls unable to hold SP above N5, bears pushed back ,
- SP is looking for support



TA teaches:
stocks in a down trend - u sell the bounce, cos they make lower lows
stock in a up trend - u buy the pull backs , cos they make higher highs

Dis:
WIP : discipline & patience

stocks in a down trend - u sell the bounce, cos they make lower lows - e.g PZ
stock in a up trend - u buy the pull backs , cos they make higher highs - e.g FCMB and UCAP

Market Opens

- diamond & transcorp up early
- Sp opened higher

OBAGADAFFI:


stocks in a down trend - u sell the bounce, cos they make lower lows - e.g PZ
stock in a up trend - u buy the pull backs , cos they make higher highs - e.g FCMB and UCAP

PZ
- breaks N12


FCMB
- opens at 1.30 again !
-

fxuser:


PZ
- breaks N12


FCMB
- opens at 1.30 again !
-

This stock has similar behaviour each passing day.... .
BIDS at same two prices.
OFFERS at same price ranges.

hmmm.
SEDUCTION for the CHEATS!...

DeRuggedProf:


This stock has similar behaviour each passing day.... .
BIDS at same two prices.
OFFERS at same price ranges.

hmmm.
SEDUCTION for the CHEATS!...

i don add my own at d lower bid !
both side looking at each other loll

FO ON BID