yok:
NEXT MAJOR SUPPLY LEVEL IS 41,004

The market has been doing well recently. The good thing is that on the major index, although there is a minor supply level around 391124.65 on which a minor retracement may happen. The above level has a major supply there. The effect of this is that we need to see how the index will behave when it gets to this level and then we align ourselves as necessary.

Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently

a nice break above much desired !

yok:
NEXT MAJOR SUPPLY LEVEL IS 41,004

The market has been doing well recently. The good thing is that on the major index, although there is a minor supply level around 391124.65 on which a minor retracement may happen. The above level has a major supply there. The effect of this is that we need to see how the index will behave when it gets to this level and then we align ourselves as necessary.


Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently

If you can not be hold for any loss suffered as a result of this, what is the need posthing it here ? My is fbnh/c&i/fmn/uba/oando e.t.c people that follow me are happy now at the time i told them .

DangFlour
- weekly chart update https://invst.ly/4rch-
- nice break out
- further upside before the shakeout like d brother de do !

ihedioramma:
If you can not be hold for any loss suffered as a result of this, what is the need posthing it here ? My is fbnh/c&i/fmn/uba/oando e.t.c people that follow me are happy now at the time i told them .

That C/I is so bullish ! The monthly RSI is at all time high.
nice one

valacious:


Very very very stupid economic policy rigmarole...
I can vividly recall how the shares of diamond, and other banks mentioned here fell heavily, or remained static...what about image eroding effects it had on the banks, and general public confidence....even the NNPC denied these allegations..
This government should learn that not all cases are won through media trial....they are no longer an opposition where they used media tricks to gain public sympathy, they are now in power, and should act with diplomacy, taking into consideration overall public interest!

pluto09:
http://www.vanguardngr.com/2017/08/tsa-federal-government-withdraws-suit-7-banks-citing-public-interest/

What a useless government

It seems the above news will have a positive impact on Diamond. Already i can see 10m bids at N1.30 from pre-market.

fxuser:

That C/I is so bullish ! The monthly RSI is at all time high. nice one

ONE LOVE .

leo1234:

Today that I sold for 1088.9 this stubborn stock decided to move.
I waited but it was behaving as if it will go below 1000.
What do you think is the fair price of UBA?

based on 2016 Audited report my calculated fair value was N18. but if i base my analysis on just latest Q1 alone fair value is N7 the reason price found it difficult to blast thru K10 . Q2 will gives us update on latest fair value.

the reason DS and DF are making the current move. base on Q2 alone fair price is N15 and N10 respectively

fxuser:
DangFlour
- weekly chart update https://invst.ly/4rch-
- nice break out
- further upside before the shakeout like d brother de do !

Update
gap up again
breaking N7 early

fxuser:


That C/I is so bullish ! The monthly RSI is at all time high.
nice one

Sellers would queue up...don't expect much after today.

stcool:


Sellers would queue up...don't expect much after today.

What of if they don't ? your face is telling you need it and you are saying another thing . Feelamong good day sir .

stcool:


Sellers would queue up...don't expect much after today.

I am on the queue already, to sell today

ihedioramma:
What of if they don't ? your face is telling you need it and you are saying another thing . Feelamong good day sir .

I hope am wrong. M&B is good for me in this economy.

currentprice:


based on 2016 Audited report my calculated fair value was N18. but if i base my analysis on just latest Q1 alone fair value is N7 the reason price found it difficult to blast thru K10 . Q2 will gives us update on latest fair value.

the reason DS and DF are making the current move. base on Q2 alone fair price is N15 and N10 respectively

it is my own opinion based on my little analysis

Thanks.

http://www.businessdayonline.com/offshore-fund-managers-increase-holding-nigeria-bonds-stocks/

They should keep bringing the money.

pluto09:


I am on the queue already, to sell today

Good but look at the price now . See chibuking81 and tritri face because of DF .

ihedioramma:
Good but look at the price now . See chibuking81 and tritri face because of DF .

Hi Guys. I am new here and would love to trade actively in the stock market. Maybe JIJO for now. Please Gurus in the house, I would appreciate your advice on what stock to buy/avoid right now if possible and any advice for a Newbie

Thanks in advance

DANGOTE FLOUR

NACHO
- above avg vol back to back
- RSI breaks oversold level on daily
- Price breaks out on d weekly and monthly

#JustObserving

OBAGADAFFI:
DANGOTE FLOUR

2 hrs to shale out profit takers !
very decent

FBN

- suspicious MM opening price ! (way lower dan yesterday close)
- is this to park d bus ?? #smh

fxuser:
NACHO
- above avg vol back to back
- RSI breaks oversold level on daily
- Price breaks out on d weekly and monthly

#JustObserving

Justobserve livestock for me, are they coming to market or are they in market ? just need there bad news please not play .

Jessglam:
Hi Guys. I am new here and would love to trade actively in the stock market. Maybe JIJO for now. Please Gurus in the house, I would appreciate your advice on what stock to buy/avoid right now if possible and any advice for a Newbie

Thanks in advance

You can't be in SS1 with out JSS 1 . So brother get two books that will teach you how to invest in stock and read it well and follow us from page 0 to 10 .

ihedioramma:
Justobserve livestock for me, are they coming to market or are they in market ? just need there bad news please not play .

inverted hammer !
sellers taking control on d daily chart !
weekly chart looking like a failed breakout attempt but d week is not over

#JustObserving

Jessglam:
Hi Guys. I am new here and would love to trade actively in the stock market. Maybe JIJO for now. Please Gurus in the house, I would appreciate your advice on what stock to buy/avoid right now if possible and any advice for a Newbie

Thanks in advance

UCAP and FCMB ! Quite frankly,you have to get stock Investment education!

fxuser:
NACHO
- above avg vol back to back
- RSI breaks oversold level on daily
- Price breaks out on d weekly and monthly

#JustObserving

full bid
watch op tomorrow !

C&I very clear someone would hold the empty can.

fxuser:


2 hrs to shale out profit takers !
very decent

Is like buyers abandoned Dangote Sugar for Dangote Flour... Anyways, though currently in loss position, I will collect my dividend and hold for 3 months before selling.... Looking at my portfolio, my current gain from DF has even swallowed the loss on DS... Thank you Alhaji Dangote...

fxuser:
FBN

- suspicious MM opening price ! (way lower dan yesterday close)
- is this to park d bus ?? #smh

I am long in this stock...This is to avoid any HBP because I am too young to have such because of one sleeping elephant...Several times, my JIJO on it has gone bad after the rally. SO, i am not in a hurry anymore to sell...

DS: hold substantial units in the stock

Coolcash1:


Is like buyers abandoned Dangote Sugar for Dangote Flour... Anyways, though currently in loss position, I will collect my dividend and hold for 3 months before selling.... Looking at my portfolio, my current gain from DF has even swallowed the loss on DS... Thank you Alhaji Dangote...

Nice one , pls when is the qualification date for danflour...watch closely as u make the paper profit/ gain from DF , unless u re in for longerm