sparkly wrote:ecstacy wrote:guru267 wrote:mlennyma wrote:This share replaces accesskenya in share behaviour.
Buy while you still can.. Results season is upon us!
When is the FY announcement again? Something tells me this counter will rally on results announcement.
Why do you think so?
The share can easily rally!I did 10% on the last rally within 5 trading sessions.
But i noted serious offloading of the shares by the existing shareholder.Remember on the first rally,the share rose from 6 to a high of 9,then back to 6,the second rally from 5.95 to a high of 7.30 and back to 6.x(it had a low of 6.0 on good volumes yesterday).
It means that a rally is always an opportunity for some guys to offload at any good price and good volumes above 6 and this means the next rally will see even a lower high not unless the weakling shareholders are shaken out!
Refer to Hisah detailed analysis on the same in this thread
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”