Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,204,019 members, 7,987,657 topics. Date: Monday, 28 October 2024 at 02:01 PM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11769203 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
(1) (2) (3) ... (7872) (7873) (7874) (7875) (7876) (7877) (7878) ... (8349) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:03am On Jul 11 |
BullBearMkt: Baba that's a trend reversal o |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 7:13am On Jul 11 |
Agbalowomeri:Yes! It's trend reversal (sign). What I'm saying is that it is not valid until the neckline is broken Someone called my attention to it in May & I gave the example of the copper future chart
|
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 7:36am On Jul 11 |
yMcy56: Thanks for doing this "homework" despite your busy schedule. You are really helpful. I even forgot you said you will search for the TRANSPOWER shareholding structure. Another factor that will now change the str is this cross of over 118 m shares, which is big. It can only be done by the top 5 major shareholders, which are all corporate bodies. Btw is it possible for corporates like Transcorp to sell out its shares in a subsidiary without shareholder approval? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 8:10am On Jul 11 |
BabsO2: Access does not have bragging right to claim they do not want much dilution. What then should GTCO say? GTCO outstanding shares after the offer will be about 31% increase while Access is 50%. Access will end up at over 51B units while GTCO will end up with less than 39B units. Who is now the chief diluter . Their PE ratios and EPS will be affected by these dilutions accordingly 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 8:16am On Jul 11 |
BullBearMkt: Is this chart from Investing.com ? |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:42am On Jul 11 |
BullBearMkt: Yeah I agree But make person neck no break join by the time the neckline is broken 😂 |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:03am On Jul 11 |
unite4real: BabsO2: What is Babs02's response ? |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:16am On Jul 11 |
I love the way you put forward your disclaimers... BullBearMkt: |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 9:30am On Jul 11 |
Willie2015:Yes, pls. |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 9:33am On Jul 11 |
Agbalowomeri:lol! That is where risk management is important. Invest only the money you can afford to loose |
Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 9:34am On Jul 11 |
unite4real: GTCO is raising approx N400b from this offer. GTCO made over N400b in Q1 2024. Is it just me or would it not be sesible to just retain earnings? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:54am On Jul 11 |
BullBearMkt: I am not trying to talk you down, but this Fibonacci retracement is as subjective as anything; interpretations could be as numerous as the people using it. Why didn't you start the zero at all those points I marked? After all, at some point, the right part of the chart to that point was yet to develop. Would it have given you the same conclusion? None of these weak technical tools (Fibonacci and co.) can be compared with resistance/support lines, trend lines, RSI, or even moving average crossovers, which are far more reliable. To me, Fibonacci retracement is a joke.
|
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 9:56am On Jul 11 |
People who have many stocks in their portfolio and are doing Jojo, abeg how do you monitor several stocks at a time? Do you have staff? I find it difficult to track more than 1 or 2 stocks at a time. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Jul 11 |
Ding! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 10:00am On Jul 11 |
Ding!!! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Jul 11 |
Bring funds let me help you... Raider76: |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:06am On Jul 11 |
Raider76: You can use the site Investing . com to create a watchlist and filter stocks based on your chosen parameters. They also have an alert option that will generate a notification on your phone if you have the app installed, or send an email. The alert option can be used to track price levels (like if a specific price level is crossed, it sends you the alert), percentage moves on any given day (as it happens, I think delay is about 30 minutes), and more. Or, if you know how to code, Python can be useful to do the scanning for you based on your own customized criteria or indicators. For example, you can write code that scans for double bottoms, which you can run every day after obtaining the day's OHLCV (Open, High, Low, Close, Volume) data. These are just a few options available to you. 11 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by dapix: 10:06am On Jul 11 |
Ding |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:14am On Jul 11 |
. dapix: |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 10:17am On Jul 11 |
ositadima1: Great. Thanks. I have been using Investing.com but have not gone beyond looking at charts. Will explore more. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:18am On Jul 11 |
bovali: Okay, that is fair enough! Oando was good enough for you to enter, make 40% and exit, at a time when they had neither finalized the ENI deal nor incorporated the inflows from the acquisition in their financials. Some people are now saying that with the conclusion of the deal, Oando is now also good enough for them to enter, as they see better prospects in the company. The ''Merciful Lord'' that guided, protected you whilst in the ''Oando bus'' and made you to alight safely with 40% booty will also do same for those who decide to remain or join in the bus, until they get to their destination and alight safely! Say Amen, sister! Cunning man die, cunning man bury am! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:28am On Jul 11 |
When is the QUALIFICATION DATE for CORNERSTONE? |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 10:29am On Jul 11 |
ositadima1:@ositadima1, I understand your dilema on Fibo retracement! Back to your question. Why didn't you start the zero at all those points I marked? 1. Fib Retracement does not start at those marked points, if you want to BUY (Swing Highs), rather you start from swing lows 2. Fibonacci Retracement is used in a trending asset, and not a range. 3. Draw line across 2 swing lows, and start from the starting swing low and end with the currently existing highest point (Highest Swing High) I am happy you asked the question and I hope I've tried to throw more light on the use of the tool. It is not a subjective tool as you stated, but a very good tool if you are targeting a particular level price will pullback to.
|
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:29am On Jul 11 |
mikeapollo: |
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 10:42am On Jul 11 |
SpaceX: Hmmm. This guy is trying to normalize himself here. Everyone should watch out to ensure no one falls for his gimmicks, especially those who don't know his first impression on this thread. 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:44am On Jul 11 |
BullBearMkt: The problem is that swing low and swing high are relative terms; they depend on where you start counting on a chart. It's possible that tomorrow we may have a new swing high/low. Will your Fibonacci retracement look the same as another trader's who used a different swing high, or do you keep moving your highs and lows as the chart develops? In my early days, when I was experimenting with every indicator, I used Fibonacci retracements until it dawned on me how subjective they were. This realization came after seeing the tool brutally discredited with solid reasons on a Reddit forum I was using at the time. I don't remember all the details, but I know it's very subjective. Actually, it's very easy to use, as I recall. I have some of my charts with Fibonacci retracements posted here on this thread, I think from around 2021 or so. So, I know very well what I'm telling you. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:47am On Jul 11 |
Raider76: And it is free as free beer. |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:48am On Jul 11 |
BullBearMkt: Not my style When I go in, I go in hard |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 10:50am On Jul 11 |
ositadima1:...it's like you've made up your mind and I'm sorry, I cannot help. What I know is Fib is helpful for me 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:51am On Jul 11 |
nosa2: You no follow CBN instructions? 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 10:51am On Jul 11 |
Agbalowomeri: What about when you come out? |
(1) (2) (3) ... (7872) (7873) (7874) (7875) (7876) (7877) (7878) ... (8349) (Reply)
Viewing this topic: phadriz(m), TsarZed, unite4real, shonyboi(m), stronglink, kdaddy, Willie2015, KarlTom, Toluway, Princkez, Pokuase, dangle, jaybee3(m), robobo, atigro(m), jadyclem(m), emmasoft(m), Mopolchi, Zegra, egojeny1(f), Xidget, MadmaxX489, designking, Panadee, Streetinvestor2, Coolcash1, Sunrisepebble, Buchika, chimex38, Payunsin, tagonn077 and 15 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 77 |