A Possible 35% Increase by AfriprudHi, My Name is Victor.
This is the first time I decided to go public with my strategies. My strategies are not 100% efficient but they are sure to give you some returns for your investment.
This strategy is based on volume and price and movement. The major indicators used to arrive at this idea are purely technical though am aware that Africa Prudential PLC. (Afriprud) has a strong fundamental.
The key indicators used are CCi, RSI and MA 50, 100, 150.
The volume shows that at 6naira per share, Afriprud has a high volume of demand and this might also serve as our resistance level. for a while Afriprud has been on an uptrend and is currently taking a pull back inorder to continue this trend. Our CCI indicates that price has gone over bought and might likely reverse. The RSI indicates a weak trend hence a reversal is bound to occur.
Entry - 6naira
exit - 8.14
stop loss - 5.5
Gain - 35%
Risk/reward ratio; 4.24
Nigeriastockmarket
💥NAIRA AT A DEAD END- #620/$ OR #550/$Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
I expect Naira rate to either FALL towards #500-#540/$ OR RISE towards #600-#620/$
Right here is the Nigerian exchange rate against the US Dollar.
We have price in a symmetrical triangle approaching the dead zone when price can either break upward or downward.
Therefore, if price is to break upward, then Naira rate will increase towards 600 and 620 Naira per dollar.
But if price break downward, then Naira rate will decrease towards 500 to 550 Naira per dollar.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on USDTNGN ( NAIRA ) 🤗
Happy Trading💰🥳🤗
NSE Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
💥USDTNGN - RISE TO $560 OR FALL TO $535Please support this idea with a LIKE👍 if you find it useful🥳
As seen on the chart, price is currently at $544. We have a symmetrical triangle guarding the coin.
Therefore, if Price break the upper resistance line, we can see an upmove to $560 and if it doesn't, may see a fall to $533.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on NIGERIAN NAIRA (USDTNGN) 🤗
Happy Trading💰🥳🤗
Nigerian CallIf you are Nigerian you live there you have Paper Money or Not and you want to grow it Just convert it to some satoshi
qz.com
Lots of Indecision Ongoing With FBNH Stock PriceThe weekly indecision and rejections ongoing with FBNH stock price makes the short term direction unclear. On the medium term trend however, the stock has turned a little bit bullish and a decline below 5 Naira is much desirous. Looking at the volume, the stock has a decent average volume than when it declined towards April 2020; this could indicate fewer decline and more upside potential if it remains the same.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Weekly Selling Pressures Could Send GTB To Retest Below 50% FibRecent selling pressures observed on Guaranty Trust Bank stock price could possibly mean the stock is about to pullback to a support level. Identified however is the support at about 22 (Naira). If price is rejected at this level, then we could have a reversal to the upside & price could also go to re-test support at 19.21
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Will Guaranty Trust Bank Re-test 26.80 Support Level?From creating a higher-high, the stock price is now heavily declining and there is high probability of the stock re-testing between 26.50 and 26.80 before making any upward reversal attempt.
Flourmill Stock Accumulation is on the Increase...Flourmill of Nigeira stock price might have kissed all time low and might have seriously suffered due to whatever reasons, the current outlook of the stock should not be overlooked at the moment. Price struggling to break below support at 13.30, intermediate trendline now violated and the increase in volume - all these are pointers to better things to happen for the stock...
PLAN YOUR TRADES AND TRADE YOUR PLANS
Now that ETI stock price monthly rejected going lowerETI stock price attempt to continue downtrend after breaking the stock's all time low was finally rejected with the market full of panic sellers and hopeful buyers. Going forward, with I expect price to dip a little bit down in the coming weeks or months towards a critical zone between 6.20 and 7.00. It could possible start to rally immediately, but - that will possibly not for smart monies...
PLAN YOUR TRADES AND TRADE YOUR PLANS
NSE30 WEEKLY MARKET ANALYSIS WEEKLY ANALYSIS OF NSE30 INDEX : WEEK ENDING 07062019
A vital support zone has been established on a monthly chart. The week ended with bear in control.
Watch out for price crossing below 1257.6 that will strengthen bear position and also established supply zone.
The last three weeks candle setup is also a bearish candle formation.
CONCLUSION:
I am expecting the market to move lower or at least short term sideways movement paving the way for either upside movement or continuation of the trend
NSENG:NSE30 www.tradingview.com
MARKET SENTIMENTS IS NEGATIVE ON ALL THE THREE TIME FRAMES.WEEKLY NSE 30 TECHNICAL ANALYSIS FOR WEEK ENDING 21062019.
MARKET SENTIMENTS IS NEGATIVE ON ALL THE THREE TIME FRAMES.
1. Monthly Chart: You will notice that price has broken 1245.28, turning it into resistance. Volume has been low, indicating less selling pressure, which is a good sign.
2. Weekly Chart: There is a pulse in the market which indicate we have to watch out for price action for the coming weeks to determine market direction. Price is still bearish on the weekly chart and notices monthly resistance line is still intact, and the weekly closes below the monthly resistance.
3. Daily Chart: Attempted fail rally due to price overextension as mention last week. The sentiment is negative price close below the monthly resistance.
CONCLUSION :
Retail investors should stay out of the market and wait for the coming bull market.
SELLING CLIMAX ON NSEINDUSTRIAL ON MONTHLY CHART ?.
DATE :14:05:2019.
April candle closing with extended range candle with high volume indicate following :
1. Sign of end to the downward trend
2. Big volume also support selling climax
2. Institutional buyer may start coming to the market
ACTION PLAN :
1. Time to start paying attention to smaller time frame weekly and daily.
2. Stock to watch within the index : WAPCO, Dangote Cement, CCNN and CAP.
INSIDE DAY BAR ON MONTHLY CHART ON ALL NIGERIA SHARE INDEX NSE30The inside day bar momentum is negative.
Price is likely to test 1100 which is the nearest support.
MONTHLY ANALYSE OF NSE 30 The market is in the bear market .
NSENG:NSE30
Price is below the EMA 20 .
Price level to watch is 1100.