davepop2006

03:24

davepop2006

The naira has been appreciating against the pound, dollar, and euro. The chart here shows the daily chart for the pound/naira. I expect the price to touch this key level for support progressively. 1512 1291 1132 With the Muslim fasting ending this week, we might see an unusual volume coming into the market. The first month after the fasting is crucial; watch out...

davepop2006

The naira has been appreciating against the pound, dollar, and euro. The chart here shows the daily chart for the pound/naira. I expect the price to touch this key level for support progressively. 1512 1291 1132 With the Muslim fasting ending this week, we might see an unusual volume coming into the market. The first month after the...

davepop2006

I expect trend continuation which is sideways movement ( price ranging ).

davepop2006 Updated 

The index NSE30 have been on a side ways movement. There are two possibilities accumulation or distribution.

davepop2006 Updated 

NSE 30 AT CRITICAL POINT : ON MONTHLY DEMAND ZONE . The price is at equilibrium for four conscecutive month. the are signs of accumulation or distribution on weekly and daily time frame

davepop2006 Updated 

NSENG:SEPLAT

davepop2006

On a weekly chart the stock is on a clear bear market with the big gap as the supply zone.

davepop2006

The stock is already on a downward trend. support line/demand zone broken at N40.00 The next support level is at N24.00 and N14.00. December candle formation is an inside day bar. The direction of the coming month price action will determine the stock direction. The stock is under close watch for the next entry point. You like to receive a...

davepop2006 Updated 

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. ...

davepop2006

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...

davepop2006 Updated 

The stock is showing decisive move downward next support 480.

04:18

davepop2006 Updated 

There are signs of distribution by the institutional trader at the top.

davepop2006 Updated 

01-06-2019 : May Trading Update : There is a pulse in the downward direction. I am expecting ether continuation in the downward direction or reversal of trend next month. I favour the continuation of the trend because there is no selling climax on the monthly chart yet. 1100 is a significant level to watch on the monthly chart. NSENG:NSE30

davepop2006

WEEKLY MTN ANALYSIS FOR THE FIRST 50 WEEKS : 1. WEEK ONE : Sell pressure the stock fail the maintain the weekly high.

davepop2006

www.tradingview.com

davepop2006

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 :...

01:11

davepop2006

The inside day bar momentum is negative. Price is likely to test 1100 which is the nearest support.

06:52

davepop2006

The market is in the bear market . NSENG:NSE30 Price is below the EMA 20 . Price level to watch is 1100.