1. Like Nnamdi Azikiwe, Patrice Lumumba was the independence leader & the first Prime Minister of the DRC. He was a pan-Africanist, an African nationalist, & the casualty of the US-Soviet Cold War. He was first deposed by Mobutu Sese Seko in 1960, with support from US & Belgium.
This provoked the United States, & Belgium (US ally). The Katangan secessionists carried on with support from Anglo-Belgian mining company, & a large contingent of Belgian military chiefs.
Now the lesson of this history: Africa must learn to find wisdom within its bright minds. Africa can only truly arise when she embraces “Homegrown solutions” to her multitude of problems.
Whites are united in purpose - overseeing the underdevelopment of Africa. US will always support another Buhari (STRONG DICTATORS), just like she did in 2015.
Leaderships, pan-Africanism, African nationalists must be birth from schools. Students Unionism for instance, can birth these leaderships, if properly harnessed. Mentorships & opinion leaders must begin to teach the young.
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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
One thing I've been noticing about responses to today's column is that many people still don't get how strong the forces behind regional divergence are, and how hard to reverse 1/ https://t.co/Ft2aH1NcQt
— Paul Krugman (@paulkrugman) November 20, 2018
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote: