Tuesday, December 16, 2008

Update on Wapco and Firstinland

The market closed higher than the previous close,and divergence can be seen on the Wapco chart,with firstinland around our missed entry point.

Reccomendations:
- Conservatively.we can buy at the high of yesterday's(15/12/08) close(1 or 2 naira above) on both equities or buy at the present price now,if you check the firstinland equities chart the market is around the missing entry point shown on the previous 1stinland chart you can check previous post,so i think its a good place to place an order.
- For the fearful ones you can wait till next year to buy after the new year.


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