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KenolKobil FY15 Earnings up 85%
VituVingiSana
#61 Posted : Tuesday, March 22, 2016 5:57:12 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
hisah wrote:
@aguy, the weekly chart is looking weak for KK. Lower prices coming up. 12 handle barrier is rejecting any bullish move. If prices closes @11 or lower by Friday, the reversal will be solid with target at 10 zone.

Applause Applause Applause Now since cash is tight... what do I sell? Therein lies the dilemma. After listening to Ohana, there's a clearer path for KK's profitability growth. Furthermore, more will be revealed [as @Obiero would say] on 12.05.2016... Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
murchr
#62 Posted : Tuesday, March 22, 2016 5:58:32 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
hisah wrote:
@aguy, the weekly chart is looking weak for KK. Lower prices coming up. 12 handle barrier is rejecting any bullish move. If prices closes @11 or lower by Friday, the reversal will be solid with target at 10 zone.


Sad Waiting for 13 so that I step out and come back later
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Aguytrying
#63 Posted : Tuesday, March 22, 2016 7:28:16 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
murchr wrote:
hisah wrote:
@aguy, the weekly chart is looking weak for KK. Lower prices coming up. 12 handle barrier is rejecting any bullish move. If prices closes @11 or lower by Friday, the reversal will be solid with target at 10 zone.


Sad Waiting for 13 so that I step out and come back later


@hisah. I can feel it by looking at the demand supply, the current prices is beginning to look like and elephant on a tree or arsenal on top of the league. On the trip down I think I'll up my buying price to reflect the new eps.

@murchr. Those are speculating problems that I don't suffer from. I will gladly forgo all the paper gains and buy again when lower. This selling now to buy later at a lower price is a bad strategy no wonder your stressed by price movements
The investor's chief problem - and even his worst enemy - is likely to be himself
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