On the same NOTE,BIG VOLUME Bids for KCB at 47 and 47.50 at close of trade (Finally breaking the 47 resistance level). Share trades 3.35 M with 97.35% foreign participation at between 47 and 47.5.
No supply points beyond 48. These foreigners are good traders.50 just a stone throw away.
EABL..Strong bids coming at 265 and resistance at 280 now looking more likely to give way in the short term.
Will Equity Bank follow suit?
Britam is constricting but price still below the 20 day simple moving average# watching it
Generally Market looks good BUT keep in mind that the FED FOMC next meets on April 29th
July (After FED FOMC June 21 meeting ) might be the end of the party..Before then ACCELERATION RELOADED.
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”