The month of July starting with the Bull from Burundi...

Good sign for the week ahead and month of July..

I claim this bull for myself and the nsempa family in Jesus name. Amen..

BullBearMkt:

Update: Sterling bank shows buy after the rejection, but sellers lurking above 3. 50/50 chance to continue higher

Thanks once again for this very crucial update. It was very helpful

emmanuelewumi:
Dem go still buy GTB and Zenith at N40, when it will happen i don't know.


But they will touch N40.00 all things being equal.

Very soon, hopefully. And they will drag the index along

Sterling bank is the first banking stock to go on full bid

GTCO arrived safely at 34.

FUGAZ seems to be on flight

Same of the same. Nothing has changed so same result

BullBearMkt:

Update: Sterling bank shows buy after the rejection, but sellers lurking above 3. 50/50 chance to continue higher

Thank you for the update

yMcy56:

Lol. I'll advice you go for a fundamentally sound stock that pays Dividend.....this way, you can have rest of mind if market goes sideways.

OK. I was considering buying small only if it goes back to car park

ojeysky:


It's now old news Boss, one of my cars that was to be cleared 1.9m is now 2.7m just like that

Na wa o

yMcy56:

No idea sir.
The FA or TA gurus are in better position to advice on it.

Lol. Na MA(Mcy analysis) I need now. I'll bear the risk. Thank you.

yMcy56:

Simply send email to :
info@morgancapitalgroup.com

.....and request for Account Opening Form.

Please what do you think about universal insurance? Thank you for your self-less contributions to nsempa

BullBearMkt:
GTCO Value Zone Between 26.80 - 30 Remains A BUY
After testing above 35 and got rejected, GTCO remains a BUY, but price may likely test it's value zone first (26.80 - 30) before attempting another rally above 38.

PLAN YOUR TRADES AND TRADE YOUR PLANS

Please help us analyse Sterling bank. It has broken the 2.70 support. Thank you.

BullBearMkt:

...there is 1 at 12.70, then deeper one @11.70

Thank you

BullBearMkt:

...the way you personify this your sentence come scare me o

Please where do you see the new support for Access Bank
Thanks

yMcy56:
FIDELITY: Sighted @7.26....
Quite some +be news for the bank.

*Pls do not take as any form of recommendation*

Is this a sign that the pull back is over? We're watching

.....

YoungBuffet:



yes!

Be waiting for generational low while guys are making money.

Pull backs are opportunities to buy, but it may take a few days/weeks

emmanuelewumi:



I have a fair value of N20 for United Capital based on last year's performance ooo, it won't be bad to review it to N22.


If a stock is overvalued by 20% above the intrinsic value, you can rebalance your portfolio, diversify into fixed income, real estate, reinvest into your business etc

Ucap has been slow in reacting to the Bull. Do you know why?

Dwizeone:
Everyone is right in a Bull market, plan your trade and trade your plan.

I greet una o

Not everyone was right bro. We know those who were right about the timing and those who missed it.

Meanwhile, market trend is easier to predict from here. I see the Bull continue till year end, though with small pull backs in-between. Soon, guys will chop interim dividend and clean mouth. Pull backs will be an opportunity for those who missed out so far to jump in.

Throwback!!!

I'm not sure who wrote this but his predictions for 2023 so far had been spot on

Throwback!!!!

Are we experiencing the Bull from Burundi as predicted by Oracle in early 2022 with the following price projections? Perhaps the prediction was right except the timing

Ucap going....

Yoast:
We witnessed the price of GTB move from 22.75 (May 2, 2023) post-markdown to around 27 today (within 3 weeks) yet some people are still predicting doom and gloom on NSE this year.

Better join the moving train now because soon some people will start asking if GTB is a good buy at 32

I told you..

Justcul:
Currently 50 and 72 percent up on both Zenith and GTCO respectively. Can't complain, only grateful to God almighty for the grace to buy when others were fearful and waiting on GTCO at 12.

90 percent on Axa mansard, bought at N2.20

See money!!!

Lion123:


Sold off all my FUGAZ stocks today. I'm know I'm selling too early, but I'm out of the market now. FUGAZ stocks are at a year's high, perfect time for me to say Goodbye.

Whether you sell or hold, all na gamble. But I think upside potential is more than downside potential at this point. Those behind the huge volumes pouring into the market today are not fools. They too will make some profit sometime in the near future. For me, the huge volume is an indicator of positive momentum

YourhealthNG2:
It appears the price pattern of 2020 (COVID year) and 2021 is what is playing out this year. In those years, prices bottomed out around March and then started trending upwards gradually till February/March the following year.

Just an observation...

This is what I think will play out this year. Those waiting for generational low prices may have to wait till next year. As for this year, prices seems to have bottomed out around March/April. There may not be any sustained bull or bear. Just gradual upward trend in prices with pull-backs in-between. This is my forecast for this year following past trends

Kudos to currentprice, agba, emmanuelewumi and other experts in the house who rightly predicted the current bull

We witnessed the price of GTB move from 22.75 (May 2, 2023) post-markdown to around 27 today (within 3 weeks) yet some people are still predicting doom and gloom on NSE this year.

Better join the moving train now because soon some people will start asking if GTB is a good buy at 32

I've been on nsempa long enough to observe that oga Oracle hasn't faired well on most of his predictions on the timing of bull/bear

yMcy56:

We hope so. Lots of activities.

Nsempa is divided.
Some faction says sell and run, another faction says bull is coming, get your cutlass ready..
For me, na dictates and direction of Mr. Market I dey follow. Where we see "corruption", we go follow dem.
I saw in 3 today and na where I carry touch light go be that.

Some people just expect prices to continue hovering around the same range for eternity. If you check Zenith and GTB, you'll notice that prices are still around 2018 range. And some people expect this to continue in 2023, and for how long? There will come a time when these prices will correct for inflation and naira devaluation. Perhaps 2023 s the year. We're watching