FCMB
- bears were in control pushing price to a fresh yr low at 1.32
- den post earnings bulls turned d downtrend week into a hammer candle
- a break above prev week open adds strength
- we de wait mkt opening

Transcorp
- four lower weekly closures but last 2 weeks were both Doji's
- looking at d daily , thur and fri had a common factor called . . . . . . ?

see pg 88: d popular book by Steve-Nison


#justObserving

fxuser:



- d 4hr TF is a series of lower highs and lower lows
- since breaking the kumo at $82bbl , is nt looking good at all

Brent
4Hr TF ichimoku update
- finding support at 59 levels, chikou span stopped making lower lows hitting d same spot 3 times in a row wt +ve RSI div
- nice gap up early breaking above Kijun and $60 early !
- longs in d game , here comes the corrective wave ! ! !perhaps
- stop is d support

imo: https://invst.ly/9ebsq

#brent #OyelMen

cc:
@currentprice @agba

fxuser:


Dangcem
- 195 closure on a friday . .

#breakdown

- lower weekly closure , no clear support just yet !
- index needs this oga to find one

Sterling
- fri vol + another weekly higher closure !
- dat MM and en volumenomics sha but d TA is very bullish
- unlike most , price is nt just holding above 50-ema, its even > dan d 200-ema
- wkly rsi above 50 level , even d daily is well overbought


#GoldenCross #JustObserving

Stock Market to Remain Bearish on Political Uncertainty, Declining Oil Prices
https://businesspost.ng/2018/12/03/stock-market-to-remain-bearish-on-political-uncertainty-declining-oil-prices/

Shareholders Okay CCNN, Kalambaina Merger
https://businesspost.ng/2018/12/03/shareholders-okays-ccnn-kalambaina-merger/

Yayira:


I can’t wait for Monday to call someone on this diamond bank least..
Trying not to jump into conclusions to avoid burning my fingers again..

Cash from UK subsidiary coming in
National license with 5% off
Dozie sounds very confident about their Eurobond
Hmmm something tells me this bank ain’t dying anytime soon.. infact if pascal and his son can inject some cash, bank will be right back on track sooner.
...plus most their debtors are into oil and gas, with the recent rise in oil paying part should be a problem..
Can’t wait for their q4

@Jejebaba you said the stock is undervalued pls what’s the fair price?

Na Ugodre of Nairametrics talk am oo. May be he is also trapped and needed to tweet that in order to bail out at higher price.

Qatar just pulled out of opec. This pple no want make we enjoy oil money.

Jejebabaa:


Na Ugodre of Nairametrics talk am oo. May be he is also trapped and needed to tweet that in order to bail out at higher price.

Book value kwa? That guy no serious o
Wetin be skye book value

Only God can tell of how much HOLE is in Diamond Bank. Book value is nonsense when one is not sure of the level of bad debts.

Agbalowomeri:


Book value kwa? That guy no serious o
Wetin be skye book value

The trend I have noticed with Nigeria and Nairaland, especially this investment section is optimism. From the Tbills section to here, people like it easy.

But sooner many of you will learn there is an easy way and the right way to do things. People who become successful don't go through the easy way.

Jejebabaa:


Na Ugodre of Nairametrics talk am oo. May be he is also trapped and needed to tweet that in order to bail out at higher price.

Ugodre is trapped in Diemond bank. Well, he can wait it out.
Many of us are still waiting for dry bones to rise again.

But surely, people will make good money off the stock market in the next 6months. Positioning a good entity will be key.

Diamond
- from hammer friday to . . . .
loll

#Morning

GonFreecss1:
The trend I have noticed with Nigeria and Nairaland, especially this investment section is optimism. From the Tbills section to here, people like it easy.

But sooner many of you will learn there is an easy way and the right way to do things. People who become successful don't go through the easy way.

master,what is the right way?

Commodity gap up today
Lucky I had an open LP

Mixed feelings in Diamond when the market opens but now its on full bid.
We wait and see if one heavy guy wouldnt come and clear all bids @ 71k.
32M bids at the day's high already ....71k.

Sorry to derail the thread but if dat man in aso rock happens to be jubril and not buhari then I give up on NSE, what you see is just day dream.....

maishai:
Sorry to derail the thread but if dat man in aso rock happens to be jubril and not buhari then I give up on NSE, what you see is just day dream.....

Which kain rumour una dey carry sef

Sorry to derail the thread but if dat man in aso rock happens to be jubril and not buhari then I give up on NSE, what you see is just day dream..... Come to think of it The buhari that left for London now looks totally different, he seems not to be needing serious medical attention since he came back,,or did he meet baba God in London tha4 changed it for him, he doesnt collapse @ rallies again, I have seen him @ public functions sipping 5alive, someone that just escape colon surgery......emmm he probably wants us to buy made in Nigeria...l rest my case

maishai:
Sorry to derail the thread but if dat man in aso rock happens to be jubril and not buhari then I give up on NSE, what you see is just day dream..... Come to think of it The buhari that left for London now looks totally different, he seems not to be needing serious medical attention since he came back,,or did he meet baba God in London tha4 changed it for him, he doesnt collapse @ rallies again, I have seen him @ public functions sipping 5alive, someone that just escape colon surgery......emmm he probably wants us to buy made in Nigeria...l rest my case

Are you an educated person ?If yes ....did you believe the rumor is true ?

If Diamond bank no kill people they wont learn....truth is after today anybody that diamond bank hurts,

I go laugh the person well well.

fxuser:
FCMB
- bears were in control pushing price to a fresh yr low at 1.32
- den post earnings bulls turned d downtrend week into a hammer candle
- a break above prev week open adds strength
- we de wait mkt opening

- well its a GAP up

Agbalowomeri:
Commodity gap up today
Lucky I had an open LP

saw dat earlier ! !
#nice

talktokenny:

Are you an educated person ?If yes ....did you believe the rumor is true ?

. since the rumor came to lime light, every thing about buhari now seems fishy....

maishai:

. since the rumor came to lime light, every thing about buhari now seems fishy....

please answer my question

talktokenny:
please answer my question

Ok I am not educated, pls clear my doubts

Chai....

Mcy56:
Mixed feelings in Diamond when the market opens but now its on full bid.
We wait and see if one heavy guy wouldnt come and clear all bids @ 71k.
32M bids at the day's high already ....71k.

Truly doubt this, but even if it does happen Diamond is still heading up up

stcool:
If Diamond bank no kill people they wont learn....truth is after today anybody that diamond bank hurts,

I go laugh the person well well.

Some people go make serious money from Diamond, while other will wail las las

fxuser:



- well its a GAP up

Gurus in the house, please what is the fair price for FCMB.

KR

maishai:
Sorry to derail the thread but if dat man in aso rock happens to be jubril and not buhari then I give up on NSE, what you see is just day dream..... Come to think of it The buhari that left for London now looks totally different, he seems not to be needing serious medical attention since he came back,,or did he meet baba God in London tha4 changed it for him, he doesnt collapse @ rallies again, I have seen him @ public functions sipping 5alive, someone that just escape colon surgery......emmm he probably wants us to buy made in Nigeria...l rest my case

That's simply the power of transfusing young blood plasma into veins of an old human.

maishai:
Sorry to derail the thread but if dat man in aso rock happens to be jubril and not buhari then I give up on NSE, what you see is just day dream..... Come to think of it The buhari that left for London now looks totally different, he seems not to be needing serious medical attention since he came back,,or did he meet baba God in London tha4 changed it for him, he doesnt collapse @ rallies again, I have seen him @ public functions sipping 5alive, someone that just escape colon surgery......emmm he probably wants us to buy made in Nigeria...l rest my case

Maishai, Be like say you mix Jack Daniels with your tea this early morning abi