It would, of course, border on the hyperbole to posit that the spectacular goof in Lagos, of Cable News Network ( @CNN ), arguably the globe’s clear leader in broadcast news, would trigger its
For starters, @CNN came very late into the crisis — so scandalously late for a medium that could fairly claim the global patent to “Breaking news”.
But the first CNN news feature was on November 18, though it had earlier made a tendentious claim, on its verified Twitter handle, that 78 souls had perished after the Lekki shootings.
But alas! Those bodies never surfaced.
The overarching image of the CNN debacle was its “star witness”, Obianuju Catherine Ude, aka DJ Switch — the slippery plank on which CNN anchored its story.
DJ Switch might indeed be right on the scene.
Since the new (read social) media suffers little gate-keeping (the hallmark of old-school journalism), these actors often let fly anything, no matter how false,
Indeed, in the heat of the moment, a stream of notable people, mainly film stars and allied entertainers,
@CNN may have earned its knock; and would be forced to be far more careful next time. But even that mis-reportage can’t justify the army shootings at the Lekki toll gates.
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One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
Post that the plight of the
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
Another hack to identify extended move in a stock:
Too many green days!
Read
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K