UBA: Downtrend continuityAs you see on the chart we have a big probability to have a downtrend continuity.Thanks!
UBA: Analysis: Two situationsWe are in a one-day bullish channel situation here. When you look on the chart, we are above our vwap indicator which has taken a green color. This means that the buyers are above the sellers. We could have a nice uptrend if and only if the resistance line is forcefully broken by a large green candle and accompanied by large green volume. Furthermore, it should be noted that the market is unpredictable. So let's be careful and vigilant. Indeed, the market can also go down, however, if the vwap indicator as well as the support line are forcefully broken by a large red candle and accompanied by a large red volume. Thanks!
Analysis: two situationsAs you see on the chart we have two situations. We will have a big probability of an uptrend if we have the breakout with force the resistance line by a big green candle with a large green volume. In other hand, we could have also a big probability of a downtrend if we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume. Thanks.!
heading for 14.00we just witnessed the handlers breaking the all time highs, this gave us a nice BOS which we believe we just need to go down to mitigate a block below before we then shoot to at least hit 14.00
uptrendIt seems like Mrs Oils will soon be trading at 28 where she traded for sometime, we can see a change of direction taking place and now we will be rolling on an uptrend
Down TrendIt seems like this guys might start declining on a downtrend, we can see equal lows below which we believe will be broken
Might resetEver since this guys got listed, they lost so much weight we now believe they will gain back at they form a nice reversal
Flag Pushing us upWe might see this flag pushing us up , this is nice compression which we believe will catapalt us
Change of CharacterWe might see this gentleman push through that last low and break it to create a new low which will change character and push this price down
Back to 1.60??We might see IKEJA push hard to reach 1.60 by the end of the year to bless everyone with good profits.
Flour mills on the runHello traders how are you, this is my first time publishing idea on NSE , as you can see from the chart I'm expecting bull run until the marked target which is is 34.4 or higher a bit.
Note DYOR
TRADE PLAN FOR FCMB FOR PROFITSHello traders, a look into FCMB for profits. entry and target is indicated .
tradehubng
NIGERIAN STOCKS OPPORTUNITY ZENITH BANKhello trader, from the chart , looking at a bounce off the support zone for a good entry . follow the chart.
tradehubng
A Possible 30% Increase by Caverton Nigeria Plc. Hi, This is analysis is purely based on technical analysis. Caverton does not have a very strong fundamental it might take quite some time to push up to our take profit area.
The analysis is based on the use of the following indicators
CCi and Rsi
caverton
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
