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Nigerian Stock Exchange Market Pick Alerts - Investment (7883) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:01pm On Jul 15
nosa2:


Why you dey make me look like devil. Valuation 2 years ago no be the same thing today na.

I am/was talking based on today's valuation. If Q2 comes out in few weeks and the numbers turn ugly then the prediction/expectation go change
Is not like that.Some people don't understand that people who go for sound fundamental stocks are not interested in technical analysis or market fluctuations to buy a stock when they have long horizon in mind.i was okey with presco Fundamental and was buying at 345..
He is asking the price two yrs ago without asking of the present fundamentals ,current value of naira now and inflation.If I see good fundamental stocks I don't have time for the price to go back to Abraham era.I buy to make my future gain.I f price goes down and I have cash I buy more to average down

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Utalinmou: 2:02pm On Jul 15
Please what is ICHIMOKU
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:05pm On Jul 15
ndept:
The possibility of Oando selling 5 times its current market price (CMP) in the next one year is 75%. An upstream oil company selling for less than N20 to me is a steal and I am seated permanently in it waiting for the next one year. The fact that Wale was perceived as a cowboy doesn't mean that he can never change his way to return Oando back to those good old days when Oando was paying dividend of N3, infact he will be super proud to do that. Wale has over 4.7 billion units of Oando amounting to N75b at CMP. If Oando should appreciate 5 times in price, that means Wale's worth in Oando alone will amount to N376bn. Don't you think Wale will prefer to be as rich in Oando just like Ovia is rich in Zenith?
Another street sense I believe wale must have changed his mind for now or permanently.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:06pm On Jul 15
Agbalowomeri:
Classic triangle flag consolidation seen in STERLING

From TA knowledge, this stock will soon shoot out of the flag and not likely returning for sometime to come.

I saw this in MANSARD earlier in the year, I think.

Many interesting patterns seen in books. If to say I get energy now, I for dey use am make money Lol.
Meaning it now has double bottom
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 2:08pm On Jul 15
nosa2:


You know the N20 number is meaningless right?
Meaningless like how? can you shed more light
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:11pm On Jul 15
Agbalowomeri:
Classic triangle flag consolidation seen in STERLING

From TA knowledge, this stock will soon shoot out of the flag and not likely returning for sometime to come.

I saw this in MANSARD earlier in the year, I think.

Many interesting patterns seen in books. If to say I get energy now, I for dey use am make money Lol.

That's a descending triangle pattern, typical of PA activity showing that sellers are willing to lock in profit with each price rise/upswing (hence, LHs), but reluctant to bargain below a certain price peg. (hence, the horizontal KSL)

Because of the LHs, there's often a higher prob (1/3/66.7%) for price to break out in the direction of the horizontal KSL unlike the ascending triangle pattern (the reverse shape) where TD tends to favour an upward breakout than a breakdown.
Either way, both triangle pattern (descending and ascending) can be a trend continuation or reversal pattern.

The KEY is to look at the anatomy of the asset and analyze PV action using a collection of matching TA variables that gives you a better directional bias and valid forecast.
As I always say; TA requires you to WORK AROUND the chart and not work with it.
...it needs you to be proficient before you can be efficient.

Btw, it's funny that you now suddenly like STERLING BANK @ N4.
I recall you acted cold to the idea of aligning with the very same coy when I recommended it here @ N1.4
Anyway, am glad that my prime subscribers and those who subscribed to my outline/recommendations and investment guide--Series 1 took early positions and would've locked in a substantial ROI when STERLING rallied to N8.2 delivering a massive over 485% return.

I like it when some of you argue/debate with my permutations.
But then again, I LOVE Mr. TIME! wink cheesy cool

It is well

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:12pm On Jul 15
onegentleguy:


This is a descending triangle pattern, typically PA activity showing that sellers are willing to take up profits with each price rise (hence LHs), but refusing/reluctant to bargain below a certain price peg (hence, the horizontal KSL).

Because of LHs there often a higher prob (1/3/66.7%) for price to break out in the direction of that horizontal KSL unlike the ascending triangle pattern (the reverse shape) where TD tends to favour an upward breakout than a breakdown.

The KEY is look at the anatomy of the asset and analyze PV action using a collection of several TA matching variables that gives you a better directional bias and valid forecast.
As I always say; TA requires you to WORK AROUND the chart and not work with it.
...it needs you to be proficient before you can be efficient.

Btw, it's funny that you now suddenly like STERLING BANK @ N4.
I recall you acted cold to the idea of aligning with the very same coy when I recommended it here @ N1.4

Anyway, am glad that my prime subscribers and those who subscribed to my outline recommendations and investment guide--Series 1 would've locked a lot of ROI from STERLING after it rallied to N8 delivering over 485% return.

I like it when some of you argue/debate with my permutations.
But then again, I LOVE Mr. TIME! wink cheesy cool

It is well

Will it keep going up?
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:13pm On Jul 15
grin
Utalinmou:
Please what is ICHIMOKU
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:23pm On Jul 15
yMcy56:

Na so 🙄🤔
Just try and be breaking it down for us learners, speak in language we understand......na only double bottom you dey state clearly..... tongue

* Ok thanks Osita...you sure say na wetin he mean be that sha?

No be by wetin he mean, na d patter be dat. Look up descending triangle maybe here www. investopedia .com/terms/d/descendingtriangle . asp
But eh fit be say eh no go do like that nah. undecided


the chart na example o, I no even know wetin him be, eh fit be intimacy gadgets stocks.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:25pm On Jul 15
onegentleguy:


This is a descending triangle pattern, typical of PA activity showing that sellers are willing to lock in profit with each momentum price rise/upswing (hence, LHs), but refusing/reluctant to bargain below a certain price peg. (hence, the horizontal KSL)

Because of the LHs, there's often a higher prob (1/3/66.7%) for price to break out in the direction of the horizontal KSL unlike the ascending triangle pattern (the reverse shape) where TD tends to favour an upward breakout than a breakdown.

Either way, both the descending and ascending triangle pattern can be a trend continuation or reversal pattern.
The KEY is to look at the anatomy of the asset and analyze PV action using a collection of several TA matching variables that gives you a better directional bias and valid forecast.
As I always say; TA requires you to WORK AROUND the chart and not work with it.
...it needs you to be proficient before you can be efficient.

Btw, it's funny that you now suddenly like STERLING BANK @ N4.
I recall you acted cold to the idea of aligning with the very same coy when I recommended it here @ N1.4
Anyway, am glad that my prime subscribers and those who subscribed to my outline recommendations and investment guide--Series 1 would've locked in a lot of ROI from STERLING after it rallied to N8.2 delivering over 485% return.

I like it when some of you argue/debate with my permutations.
But then again, I LOVE Mr. TIME! wink cheesy cool

It is well

Oga soldier you no go rest? You don ever see me mention STERLING before? Which Kain olodo you be bayi😂

Between, the chart was put up for learning purpose. E be like say you dey compete for attention. I don tell you say I no dey look for customers. Na only babes I dey look for

11 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:28pm On Jul 15
grin
Agbalowomeri:


Oga soldier you no go rest? You don ever see me mention STERLING before? Which Kain olodo you be bayi😂

Between, the chart was put up for learning purpose. E be like say you dey compete for attention. I don tell you say I no dey look for customers. Na only babes I dey look for
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:28pm On Jul 15
Streetinvestor2:
Meaning it now has double bottom

Ahh ahh no be everything be double bottom
Double top sef dey😂
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:29pm On Jul 15
Agbalowomeri:


Oga soldier you no go rest? You don ever see me mention STERLING before? Which Kain olodo you be bayi😂

Between, the chart was put up for learning purpose. E be like say you dey compete for attention. I don tell you say I no dey look for customers. Na only babes I dey look for

Looks like you have a FITMD. grin grin grin
Just continue with the life dear. In the end, it's how we make our bed... wink cool
...ride on!

It is well
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:31pm On Jul 15
onegentleguy:


Looks like you have a FITMD. grin grin grin
Just continue with the life. In the end, it's how we make our bed... wink cool
...ride on!

It is well

Back to sender grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:32pm On Jul 15
onegentleguy:


Looks like you have a FITMD. grin grin grin
Just continue with the life dear. In the end, it's how we make our bed... wink cool
...ride on!

It is well

FITMD grin
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:33pm On Jul 15
Chai, what is all this nah. Make una maintain o, na two elder brothers una be o, for people like us. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:34pm On Jul 15
ositadima1:
Chai, what is all this nah. Make una maintain o, na two elder brothers una be o, for people like us. grin

Na cruise o

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 2:35pm On Jul 15
Na wa o. This by force competition wey person dey do especially with person wey no see you is funny sha
Re: Nigerian Stock Exchange Market Pick Alerts by Feygbe: 2:37pm On Jul 15
Hello all. I'm seeking recommendations on the best user friendly digital platform for viewing and purchasing shares on public offers. Thank you.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:39pm On Jul 15
Ginalex:
Na wa o. This by force competition wey person dey do especially with person wey no see you is funny sha

My love OGG na my guy o. We dey enter each other ni o grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 2:42pm On Jul 15
Agbalowomeri:


My love OGG na my guy o. We dey enter each other ni o grin
Na so! Person wey display same behaviour for current.price side... Say na "the wise ones" undecided undecided
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 2:46pm On Jul 15
Agbalowomeri:


Na cruise o
...weldone Agbalowomeri!
The price pattern you've drawn is a correction pattern. I'll like to call it, Bullish Wedge. To the left is a strong support before the powerful bullish trend.
Continue to soar high in your new found love for TA
grin grin grin grin grin

Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 3:20pm On Jul 15
Feygbe:
Hello all. I'm seeking recommendations on the best user friendly digital platform for viewing and purchasing shares on public offers. Thank you.

I you just described Morgan Capital itrade webportal. Just Google either Morgan Capital Securities Limited or itrade. It should take you there.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:22pm On Jul 15
@ogg and Agbalowomeri na on top one yeye bank you dey do vawulence..That bank even if na for dream I no go open account with them.When them dey mention bank names I no they even remember the name,lol.Next time make una use better bank for this vawulence so that e go loud.


On another note.By the time steering will be hitting #8plus.I wonder whr other bank price will be at that time.That means it won't be anything special oh

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 3:32pm On Jul 15
chillykelly86:


Please does anyone know if these rights in Fidelity and Access will qualify for 2024 Half Year interim dividends(if any)? Please, if you have copies of their prospectus, kindly share. If you're also aware of allotment dates, kindly share. Thanks

Screenshot from Fidelity's prospectus.

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:43pm On Jul 15
Streetinvestor2:
@ogg and Agbalowomeri na on top one yeye bank you dey do vawulence..That bank even if na for dream I no go open account with them.When them dey mention bank names I no they even remember the name,lol.Next time make una use better bank for this vawulence so that e go loud.


On another note.By the time steering will be hitting #8plus.I wonder whr other bank price will be at that time.That means it won't be anything special oh

No mind OGG. I go still snatch his babe one day
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:56pm On Jul 15
ndept:
Meaningless like how? can you shed more light

Without considering the outstanding shares, size of business, efficiency, wealth creation ability

A N10 stock can be very expensive, while a N1000 can be ridiculously cheap

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Feygbe: 4:01pm On Jul 15
Thank you very much for your response.

freeman67:


I you just described Morgan Capital itrade webportal. Just Google either Morgan Capital Securities Limited or itrade. It should take you there.
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 5:14pm On Jul 15
Oando no gree close below 16 today. This level seems like a strong support for now. Let's see how long it can resist going lower.
Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 5:27pm On Jul 15
nosa2:


Nothings do you my guy



Hope she found a way to move her $45

grin grin

Chaii
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:50pm On Jul 15
The forces of Market Traders and Market Makers at work... wink

For now it's a case of profit making/taking till there's another solid news from OandO

Raider76:
Oando no gree close below 16 today. This level seems like a strong support for now. Let's see how long it can resist going lower.
Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 5:55pm On Jul 15
KarlTom:
The forces of Market Traders and Market Makers at work... wink

For now it's a case of profit making/taking till there's another solid news from OandO

They in the lab. already soon they will create another one.

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