meshpips:


Y'all need to understand that I take A+ setup ONLY.

All the other little moves inbetween do not really interest me.

When price comes to the supreme support or the penultimate support, I can buy.

Anything outside of those two levels I will never trade.

I understand what you are saying here, but how can you differentiate between a supreme support and penultimate support without considering time frame.

It is possible that both you an RabbiDoracle are correct, the current bull may take the market higher and maybe in the next 9 months start declining to your penultimate support.

stcool:


This your trade set up needs to be worked on for stock. It may work for forex due to high volatility in price but not Stock.

FCMB that did not even see N1 during the last Covid bears is what you want to buy now @N0.96k

I can't even fill a bid below N1.70...fear God

Meshpip need to combine other indicators..
With his VWAP...
Never tidy to rely solely on...
One chart...

meshpips:


Guy,

Stop mixing issues.

I didn't analyse for any other bank.

Whether or not they fall is not a bother to me.

I spoke concerning Zenith only.

I still dey wait your up trend line for that zenith weekly chart.

Waiting for me? For issele-uku Junction abi?

nio68:


Initial gra gra... e be like say you never pay school fees yet

He said he has never traded stocks

It was the same thing that many hedge fund managers in the US said. That Dow, S & P and NASDAQ will do a second bottom. They are still on the sidelines waiting while market has gone top.

Smart investors think smartly. Make the money while rising and still short it down as it falls.

ositadima1:


I understand what you are saying here, but how can you differentiate between a supreme support and penultimate support without considering time frame.

It is possible that both you an RabbiDoracle are correct, the current bull may take the market higher and maybe in the next 9 months start declining to your penultimate support.

You will still know when the bull wants to reverse. Bull wey we go take do suya after every every

Godlylifeoneart:


Bra, this analysis cannot see the day.
Buhari would need to do one of the following in 2020 for zenith to retest N11. 00 and FCMB 0.97.
He will need to move all d Headquarters of banks to Katsina.
Move the two Lagos ports to the North
Hard locked down on Rivers and Delta state.
Then, the price of Zenith will touch sub N11. 00.
Failure to do dz, Zenith will trade at circa 14 to 20 for the rest of the year.

At 14 zenith dividend would be 17.8% on investment, I don't see selloff at that price expecially with the current low interest rates in the money markets and treasury bills. At 14 I will be buying it heavily, I will even terminate my sukuk bond.

RabbiDoracle:


You have said Zenith bank will fall to 11.90 and we have corrected you that a big bank doesn't fall in isolation. All in the sector must fall.

So since you are expecting a bear in the banking sector, why don't we wait till your forecast comes to pass.

The main thing is that you have seen the bearish body you are looking for in Zenith. And from your estimation, the count has started.

Bros which count don start? Count to infinity na count?

Zenith that was begging for buyers @ 11+, people dey do yanga saying they await it @ #5, even @ #17 ,Zenith is an awsome buy........we should remember that precovid 19, people were bidding zenith @ #19 without bids being filled..........

stcool:


This your charts won't work...you are telling me FCMB will come down to 0.76 or 0.96

Please put a time frame...not that people would make all the profit in the market and then if in 2021/2022 something happens and price falls you come out and say I told you so.

But all this your analysis for Zenith back to N11 or FCMB @0.96 will not wok in 2020 again.

See the way fxuser describes his chart... Don't come and be giving us imaginary price.

Put a time frame or rest abeg!

HUMAN BEING is an EMBODIMENT of CHANGE You were WAITING for ZENITHBK at N5 junction. Now that GOD is about to ANSWER your PRAYERS. You are here COMPLAINING.

I repeat for the next 2'weeks i FORESEE a RAPID SELLOFF though it's a BLESSING in DISGUISE

BARGAIN HUNTERS TAKE NOTE!

S007:


Bros which count don start? Count to infinity na count?

Like the Bitcoin since mid April.

meshpips:


After 7638 wait for a bearish daily candle then sell.

Bitcoin will shed up to half of its value from that point.

I could be wrong anyway.

Time will tell the whole story.

Post on 14th April 2020. How many bearish daily candles has bitcoin made?

meshpips:
@rabbidoracle,

I pointed out to you that BTCUSD would sell off from the 7638 level.

Can you see the formation of a bearish butterfly on the daily time frame?

All truth is parallel.

I nor dey like argue too much again.

Let's see how the next few days will be.

Post on 26th April 2020. How many bearish butterflies have you seen?

Today is 7th June 2020.

And we are still waiting.

maishai:
Zenith that was begging for buyers @ 11+, people dey do yanga saying they await it @ #5, even @ #17 ,Zenith is an awsome buy........we should remember that precovid 19, people were bidding zenith @ #19 without bids being filled..........

It seems Zenith of #19 precovid 19 is lower than Zenith of #17+ #2.50 dividend = #19.50.
Only that nobody knows the mind of Mr market. He that's calling for bull might be right when bull visit or wrong if bull fail to visit, likewise he that call for bear might be right when bear visit or wrong if bear fail to visit. But one thing is sure, bull must come and bear must also come, but nobody knows the height the bull will reach or how low the bear can touch.

Market has the mind of its own. Market can go up and the same market can still go down.

meshpips:


After 7638 wait for a bearish daily candle then sell.

Bitcoin will shed up to half of its value from that point.

I could be wrong anyway.

Time will tell the whole story.

This post was made on 14th April 2020.

On that day, BTC was at 6,872.4 (Black arrow)

On 25th of April 2020, BTC was at a high of 7,700 but closed at 7,538.5 (Blue arrow)

Since then it had been going higher. Imagine those who sold on 25th of April 2020 after it made 7,638 believing your VAP.

See the chart below to view the DAILY trend.

Butterflies Kee, they are still at infant stage warming up from cocoon!

RabbiDoracle:



Post on 14th April 2020. How many bearish daily candles has bitcoin made?



Post on 26th April 2020. How many bearish butterflies have you seen?

Today is 7th June 2020.

And we are still waiting.

Okay

PETERiCHY:


HUMAN BEING is an EMBODIMENT of CHANGE You were WAITING for ZENITHBK at N5 junction. Now that GOD is about to ANSWER your PRAYERS. You are here COMPLAINING.

I repeat for the next 2'weeks i FORESEE a RAPID SELLOFF though it's a BLESSING in DISGUISE

BARGAIN HUNTERS TAKE NOTE!

When I was waiting for a price lower I had my reason and the market proved me wrong...I stated it here and started buying

I hope when in 2 weeks the markets proves you wrong you will be bold enough to accept.

In a bull period 2 weeks of price retrace means nothing to me...If you buy Zenith @N15 in 2wks and I buy now @N16 it makes no difference...if we we get to N20+

Actually N5 could be unrealistic ,realistic. Those that bought at N11+ is still a luck ,

never say never as long as market is concern. When I joke , I always say 20k is the best price for any stock.

I pray we never reach such a condition

maishai:
Zenith that was begging for buyers @ 11+, people dey do yanga saying they await it @ #5, even @ #17 ,Zenith is an awsome buy........we should remember that precovid 19, people were bidding zenith @ #19 without bids being filled..........

RabbiDoracle:


Post on 14th April 2020. How many bearish daily candles has bitcoin made?



Post on 26th April 2020. How many bearish butterflies have you seen?

Today is 7th June 2020.

And we are still waiting.

Lol, butterflies or dragonfly.

Chibuking81:


CSL STOCKBROKERS charges about 1.45% for buying and 1.55 for selling, total 3%

Morgan used to charge about .65% for buying and .85 for sell total = 1.5% before, but they have increase theirs to around total of 2.2% buying and selling commission.

Thanks for the info bro. Seems I asked the question twice. I apologise in advance.

wamiikechukwu:
Hello
Madam Mcy56,

Do you think it's a good idea to buy Gtbank anytime soon.

Anytime soon? Depends on the timeframe you're looking at.
Banking sector is currently witnessing pullback, keep watching price movement and events in market to know when it's good to dive in.

Godlylifeoneart:


Bra, this analysis cannot see the day.
Buhari would need to do one of the following in 2020 for zenith to retest N11. 00 and FCMB 0.97.
He will need to move all d Headquarters of banks to Katsina.
Move the two Lagos ports to the North
Hard locked down on Rivers and Delta state.
Then, the price of Zenith will touch sub N11. 00.
Failure to do dz, Zenith will trade at circa 14 to 20 for the rest of the year.

Maybe cessation of democracy or a massive meteorite striking Nigeria or abi Na war

But there must definitely be another black swan event to depress prices to that low , and it can’t be for zenith alone , It will affect all stocks

...

locodemy:
Top Nigerian stocks you can buy with 200k aby?
Answer:Nestle,seplat,Airtel.

I think the best question should be Nigerian penny stocks to buy with 200k.
Answer:fcmb,fidelity,Npf,neimeth etc.

You can as well ask for Kobo Kobo stocks like chams,courteville,japaul etc.

These two should fit your 200k better than the top ones.Be guilded

Your matter tire me.
How can you advice newbies to buy the likes of courtville and co? Oldbies self are running away.......except for those with liver.

I drew many good charts in January.
Covid found my authentic eraser while I slept and left the eraser on my drawing board.

March met with stranded cash.
June is just jealous of July.
August rains of money augmentation.

The Chartists must consult with hidden pillow cases just oming out to discover the pillows and beds were sold in March.

Soon, charts will be understood for what they do, like fingerprints picked up by detectives after the vicious criminal is no longer in flourishing Florida....

stcool:


When I was waiting for a price lower I had my reason and the market proved me wrong...I stated it here and started buying

I hope when in 2 weeks the markets proves you wrong you will be bold enough to accept.

In a bull period 2 weeks of price retrace means nothing to me...If you buy Zenith @N15 in 2wks and I buy now @N16 it makes no difference...if we we get to N20+

You know that is not possible.

Skymoore1004:
Please no vex, can someone suggest the top Nigerians stock to buy and how many shares will be sufficient to see gain? Is the NSE booming at all like the US market? I am willing to buy stock of up to 200k if need be.
Please advise, thank you in advance

First of, you have to register with a broker.
Then, you still have read to get basic idea of how NSE works cos one can easily conclude that you know next to nothing about Nigeria stock market.
You can get some recommendations here but you should know that it depends on many factors and timing too.
As for how many shares to buy to see gain, you can even get gain on 1unit.
However, the larger the units, the better. Someone with 100k units can't get same return as someone with 1M. Someone with 1M can't get same with 10M......if all purchase at same price.

Skymoore1004:
I meant I have 200k to invest in the NSE stock market. So if eg Dangote is a good one, I can buy 10k worth of shares.
So I’m just looking for the right stocks to buy
I’m a novice in NSE

I read so many stock recommendations,
Bros you have to hold your money for now and learn first, like Pluto advised.
The way you can gain is the way you can lose money in NSE.....so be guided.

Marketapprentic:

Madam Mercy! I thought you said that you people, the conducting committee for JAPAUL BRT BUS, will open door today for more passengers to come in.
I am in the line at the bus stop waiting.

Thought you said you're in the bus already.
Driver refused to stop at 30k bus-stop despite conductor's shouting owa o, owa o.

Biafran4life:
I still have it in millions.I remember when it sold for#11 but my insider fnd sold at #7

Holding in millions at that high price since how many years back!
Respect bros!
Anyway, we may never say never.
We'll see what will become of that 40b profit.....I'm interested.
Thanks for your caution as well.
Anyone know how much JP is owing Access?

Chibuking81:



1st Floor, Stock Exchange House: 2/4 Customs Street,
P.O.Box 3168, Marina, Lagos, Nigeria.
https://www.cscs.ng
contact@cscs.ng

BELOW was their reply.

Thank you for contacting CSCS customer service.

Please pay the sum of 630 NGN to the account below to enable us to scan your statement to you.

Account name - Central Securities Clearing System
Account number - 2023148006
Bank name - First Bank Nigeria PLC

Also, respond with the tracking number and date of submission of the account merging request to enable me to track the status.

We appreciate your patience and understanding.

For further inquiries, please do not hesitate to contact us at contact@cscs.ng or by calling 0700 CALL CSCS i.e. 0700 22552727 from 8 am to 5 pm Monday - Friday.

Do you want to “GET MORE”? Kindly update your current contact information (phone number, contact address, email and date of birth, etc.) with your stockbroker for easy access to CSCS Plc.

Thank you.

I have emailed them to submit an account merging request. I'd be glad if I can sort this without having to visit their office in Lagos.

Mcy56:

Thought you said you're in the bus already.
Driver refused to stop at 30k bus-stop despite conductor's shouting owa o, owa o.

So the bus don fail break.
Make that bus no carry una enter sambisa forest o.

The prodigal son that sked for his share of the father's property and RAN away on exile SHALL return home on WEDNESDAY.


BARGAIN HUNTERS, DONT TAKE A NAP...