NewStats: 3,265,440 , 8,186,754 topics. Date: Sunday, 15 June 2025 at 12:14 AM 5e3a63

Risky, short term play. Momentum still suggests more pain.

Your Jan call out sent me down a rabbit hole and kept my Spider senses at high alert - thank you.

Agbalowomeri:
For Short-term trades in the banks; Price action shows Hammer yesterday

Respite for the pullback

Stochastic also in the buying zone

High probability of successful short-term, low profit-margin trades in the banks

😁

Agbalowomeri:


We may be back to dividend-dumping this year

We are also likely to see an EPS decline across board as the quarterly results trickle in. I don go queue for November again 😂

BUACEMENT 27 Feb
DANGCEMENT 28 Feb
UCAP 28 Feb

KarlTom:
BM

TODAY 24 February
RONCHESS, TRANSCOHOT

TUESDAY 25 February
NESTLE, NGX, SEPLAT

WEDNESDAY 26 February
LAFARGE, NASCON

THURSDAY 27 February
AIICO, DANGSUGAR, MECURE

FRIDAY 28 February
CONHALL, FCMB

Someone ed that NESTLE board meeting 'notification' and tapped themselves on the back that they have done a day's job.

Standards bar is really low.

Picture perfect chart of DANGCEM

BullBearMkt:
WATCH-OUT FOR INDUSTRIAL SECTOR STOCKS
The Industrial Sector Index has been under bearish pressure since February 2024. However, over the past 4 - 5 months, the decline has slowed as bullish interest starts to creep in. If February 2025 can close strongly - especially with a close above 3624.70 - it would signal that industrial stocks, currently facing selling pressure, are poised for another rally to the upside.

PLAN YOUR TRADES AND TRADE YOUR PLANS

Wait till you read this press release.

https://doclib.ngxgroup.com/Financial_NewsDocs/42970_ARADEL_HOLDINGS_PLC-PRESS_RELEASE_FY_2024_UNAUDITED_S_CORPORATE_ACTIONS_JANUARY_2025.pdf

Sunrisepebble:
Glad to have picked some at 504 yesterday, although I did not buy all I wanted because I was expecting a weak performance based on their Q3.

What my attention shifts to now is the SPDC acquisition. How is it being funded?

Control bar and things.

Let the FAs continue.

BullBearMkt:

Uuuhmmm!!!
Current banking valuations being historically low seem reasonable, but a bank like ACCESS has potential to dip low with current price hovering in the sellers' region. It might be better to align valuation with price for more accurate results.

It was just an assessment of the accuracy of the technical indicators.

Indicators, by themselves, don't mean much if there are not many 'believers' who act on set triggers.

dammybrite:
Which tool /platform is this, my oga thesilentone

thesilentone:
NESTLE

Quiet accumulation ongoing.

See signature.

BullBearMkt:

True talk, DeRuggedProf! Such a fish will likely end up as someone’s pepper soup special.

I haven't been able to find the component weightings of the ASI.

For example, what is the % of the NGX Banking in the ASI.

Who can help? Thanks

Top tier tool

Agbalowomeri:
RSI-NGSEBNK10 divergence: on the weekly and Monthly

Double top
Distribution
Enjoy

Valid.

These scenarios may well happen to the global market, given the unpredictable nature of Trump but the initial poster referred to the NGX specifically. The peculiarities of NGX ought to be factored in when suggesting a rug pull of 20% for the ASI.

I trade what I see not what I want to see.

Contrarians are right when they are, the challenge is the timing. Trend following is a safer bet.

Bovis:


Could be falling oil prices due to slowdown in Chinese economy leading to lower global demand and excess supply caused by the drill baby drill pledge by president Trump

I see you at the 1000 point with that hammer.

It might pullback to the EMA.

Agbalowomeri:


We may be back to dividend-dumping this year

We are also likely to see an EPS decline across board as the quarterly results trickle in. I don go queue for November again 😂

What would be the catalyst? 20% of the ASI?

Covid trade was a 30% drop from high to low.

PuristForest:
A correction is due in this market, maybe within coming weeks.....bout a 20% ell off across many assets....

Momentum is still to the upside given the regulatory environment.
Will bank bears seize control as they did in the first half of 2024 or bid their time for the second half this time?

Agbalowomeri:


Means bank bears is around the corner in the coming months

RSI is not forming new high the same way price is forming new high

Am I a contrarian?

Whilst most eyes are on Guinness, NB has done 40.2M units so far today (1.2B Naira)

Perhaps, it is nothing.

Better to be OUT, wanting to be IN
Than IN, wanting to be OUT.

NESTLE

Quiet accumulation ongoing.

See signature.

Technical Analysis:

All 3 issues have been resolved over the past two trading days since this post.

Despite this volume spike, still doesn't mean it is liquid but something is happening there.

Soon the FA folks will tell us the 'why'.

Do with this information what you will.

thesilentone:
Technical analysis for BETAGLASS:

Weeklies:
Resistance 67
Major Resistance: 75.40
Above all relevant MAs
MAs rising
Volume spike in December
Significant changes of board including new CEO (Catalyst might be earnings results like NAHCO?)

Negatives
Lack of Liquidity is an issue.
Volume increase not commensurate with price increase
Breakout already happened - pullback necessary for best entry
No insider trading

Verdict: Imperative that it closes above 67 for trend confirmation. A pullback after this, a digestion and then a push for 75.40 would be ideal. Volume needs to be significantly improved.

Not on my radar.

Technical analysis for BETAGLASS:

Weeklies:
Resistance 67
Major Resistance: 75.40
Above all relevant MAs
MAs rising
Volume spike in December
Significant changes of board including new CEO (Catalyst might be earnings results like NAHCO?)

Negatives
Lack of Liquidity is an issue.
Volume increase not commensurate with price increase
Breakout already happened - pullback necessary for best entry
No insider trading

Verdict: Imperative that it closes above 67 for trend confirmation. A pullback after this, a digestion and then a push for 75.40 would be ideal. Volume needs to be significantly improved.

Not on my radar.

Not a criticism but this image is not an analysis.

You could have picked a random number - why 105? why not 103? Technical traders don't predict, they react.

What is the catalyst that would drive it to 105? The ATH is 75.40, the Fib extension will take a while to drive it to 105.
Is 105 outside the Bollinger Bands?

These are some of the basic questions you have to answer before suggesting it can get to 105 else you will be labelled a MH.

Cheers

chidiebere1999:
Happy Sunday, I have done some technical analysis on BETA GLASS and I believe that the stock price can rally to as high as 105. Below is my analysis. Does anyone have any criticisms

Aradel Technicals - Still reading up on the Fundo section.

Tranches in.

Rulers stand up!

KarlTom:
Glad to know that you also use RuleOne...

I enjoyed your report.

Thank you

BullBearMkt:
I am pleased to share the Nigerian Exchange (NGX) 2024 Report, it provides insights into the outlook for 2025. The report primarily focuses on technical analysis, offering a detailed evaluation of market performance across various sectors throughout the year.

I hope you find it informative and beneficial. Please find the report via the link below:

https://drive.google.com/file/d/1awkzS7eWZRLuS7NBZcKIooXeA77E6n3b/view?usp=sharing

Just started my research into Aradel, found this investor presentation which might be useful for those interested too.

You could avoid clicking on the link by going directly to their website (Quick Investor s)

https://www.aradel.com/wp-content/s/2024/11/Analyst-Day-Presentation-2024.pdf

Nothing to see here.

Pullback is normal in the market, though the volume spike might cause concern.

ositadima1:
LOL, some people are liking my posts now because Total dropped by 10%. You're still learning. Give it 3 to 6 months, and let's see the scores then. I'll do my boasting when the time comes, haha. Let TotalEnergies fall even further—let's see it hit 300, and I'll do more justice to it.

I don't have issues with any of Loco's posts but the technical term when a group of people who are not official Market Makers create artificial liquidity for a stock for their own purposes is 'manipulation'.

The Market needs liquidity, they create it - that is all well and good if all the participants are aware.

I don't trade penny stocks but it is essential to point out that just because you are not 'affected' by these activities doesn't make you immune to overall representations of these activities.

The key to winning is to play games that you have a higher probability of winning.

megawealth01:


Just that I don't like talking my observations because I no longer have that care for that BUT

What stock has loco ever called that was pump and dump? As you sighted manipulation. Let's be careful of words. We nearly lost loco's rich contribution to people's wallet here

I know you will want to mention MULTIVERSE but be honest with yourself. Loco called that thing at #3+ if I ain't mistaking... Has it ever gotten so low to that price since then?

Let's learn to applaud people that do a good job here as the last time I checked no one is paying anyone money here to point out stocks or analyze stocks... This is why i never blamed OGG for focusing on his group where he guides people without all these unnecessary insults/abuses/fault findings...

I run a robust DISCORD etc group where I coach people on making good fortunes for themselves as some persons here are aware just that I don't charge a dime.

NOTE

I no longer take in people into my groups as I won't reply private messages

The word you avoided using is 'manipulation'; 'pump and dump'. Easily done with penny stocks in every market.

We see it all the time.

Zegra:

Hmmm
This looks unethical
Moving on

No buyers for Seplat, maybe only for a few days.

Up on LSE - still cheaper on LSE with exchange rate considerations.

Happy New Year All.

Good luck with your portfolios.