hisah wrote:If Mpesa tests 13/- I will be surprised. Above 12.30 sellers appear like back in Jan.
The bellweather had sell side volumes on Friday.
i held my cards and now liking what is happening across some good counters # lots of selling pressure
Co-op,CFC stanbic etc
Noted a divergence on the MACD on Kenya Re at the 20 ksh resistance.
The fact that most counters are having it hard breaking past the set HIGHs for more than three times speaks alot;
KCB--Failed to break past 50. 47 is the New resistance set
EQUITY-Failed to break past 36. 34 is the new resistance
CFC--Failed to break past 110
HFCK-Trying to break 35
centum-failed to break 40
kenya re-failed to break 20
Safcom-Failed to break past 12.50
etc etc
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”