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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:karasinga wrote:scan
it this a possible bullish crab in the making?
your input plz
scan broke above the down trendline at 20.50, 1 trading day ago. This is a bullish sign. This down trendline, currently with an ending point at 19.88, may now provide downside support. Volume on the day of the breakout was quite light---98% below average. The most reliable breakouts are accompanied with increased volume. And with prices having only risen 0.00% since the breakout, the validity of the breakout is questionable.
update
 It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:Ericsson wrote:
For the past 10 Years we have had 3 classic bear markets in 2008/09, 2011/12 and the current one from 2015 to date.
The current market correction ranks 2nd after the 2008/09 bear market with the market currently down by 35.74% since its peak in 2015.
We are currently roughly 369 points away from the 2012 low and slightly over 1,000 points away from the severe 2008/09 crash.
An interesting point is that the current market correction has taken longer to recover than the previous two experienced in the last 10 years. 2008/09 crash lasted 307 days, 2011/12 correction lasted 396 days and the current correction has lasted for 515 days already and we do not know how much longer it will take till it rebounds.
The best performers year-to-date are only 5 counters i.e. Kenol Kobil, BAT Kenya, Safaricom, Sasini Tea and CFC Stanbic with a slight 1% uptick.
The worst performing counters on the NSE 20 Index year-to-date are led by Kenya Power & Lighting Company, Nation Media Group, and ScanGroup
sidelines until dust settles but will offer a good opportunity to ride long trend when reversal happens. in the meantime learning continues
BASED ON THE DATA I HAVE
counters outperforming NSE 20 SHARE INDEX, above 0.
counters underperforming NSE 20 SHARE INDEX, below 0
best performer CABLE share, worst performer NSE share It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi
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@karasinga weka bolingo band ya KQ hapa, with full analysis please COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:@karasinga weka bolingo band ya KQ hapa, with full analysis please
It will be a shocker! Better you keep off charts!! They aren't part of your thinking!!! Cartoons are working in reverse motion to your KQ obsession!!!! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Spikes wrote:obiero wrote:@karasinga weka bolingo band ya KQ hapa, with full analysis please
It will be a shocker! Better you keep off charts!! They aren't part of your thinking!!! Cartoons are working in reverse motion to your KQ obsession!!!!
@ obiero. I am not a fan of bolingo but this is my take. hope this helps
 It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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karasinga wrote:Spikes wrote:obiero wrote:@karasinga weka bolingo band ya KQ hapa, with full analysis please
It will be a shocker! Better you keep off charts!! They aren't part of your thinking!!! Cartoons are working in reverse motion to your KQ obsession!!!!
@ obiero. I am not a fan of bolingo but this is my take. hope this helps
When the bad FY results were release last year the price tanked 24% that day. However, with the recent release of the FY results which were viewed worse than the previous FY result, the expected price crash didn't appear! The price closed around 8% down on that day. This is why I'm asking is a counter-trend coming up since the market is clearly changing behaviour? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:karasinga wrote:Spikes wrote:obiero wrote:@karasinga weka bolingo band ya KQ hapa, with full analysis please
It will be a shocker! Better you keep off charts!! They aren't part of your thinking!!! Cartoons are working in reverse motion to your KQ obsession!!!!
@ obiero. I am not a fan of bolingo but this is my take. hope this helps
When the bad FY results were release last year the price tanked 24% that day. However, with the recent release of the FY results which were viewed worse than the previous FY result, the expected price crash didn't appear! The price closed around 8% down on that day. This is why I'm asking is a counter-trend coming up since the market is clearly changing behaviour?
Even if Nguze is sacked today this stock must keep moving downwards! Not until a profound performance is announced several years to come. But for now bleeding continues na bado... John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi
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Spikes wrote:hisah wrote:karasinga wrote:Spikes wrote:obiero wrote:@karasinga weka bolingo band ya KQ hapa, with full analysis please
It will be a shocker! Better you keep off charts!! They aren't part of your thinking!!! Cartoons are working in reverse motion to your KQ obsession!!!!
@ obiero. I am not a fan of bolingo but this is my take. hope this helps
When the bad FY results were release last year the price tanked 24% that day. However, with the recent release of the FY results which were viewed worse than the previous FY result, the expected price crash didn't appear! The price closed around 8% down on that day. This is why I'm asking is a counter-trend coming up since the market is clearly changing behaviour?
Even if Nguze is sacked today this stock must keep moving downwards! Not until a profound performance is announced several years to come. But for now bleeding continues na bado...
@hisah @karasinga indeed this is good analysis. the shock effect had already been priced into the stock. Even the recent pilot strike did not move the stock price. I believe we have found a bottom hence my renewed vigor on this stock. H1 2016-2017 is all but 62 days away. The many years that @spikes has forecasted for a turnaround may turn into days. The capital restructure deal expected to overturn the negative equity position is in the final sign off stage
COOP, IMH, KEGN, KQ, MTNU
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:karasinga wrote:Ericsson wrote:
For the past 10 Years we have had 3 classic bear markets in 2008/09, 2011/12 and the current one from 2015 to date.
The current market correction ranks 2nd after the 2008/09 bear market with the market currently down by 35.74% since its peak in 2015.
We are currently roughly 369 points away from the 2012 low and slightly over 1,000 points away from the severe 2008/09 crash.
An interesting point is that the current market correction has taken longer to recover than the previous two experienced in the last 10 years. 2008/09 crash lasted 307 days, 2011/12 correction lasted 396 days and the current correction has lasted for 515 days already and we do not know how much longer it will take till it rebounds.
The best performers year-to-date are only 5 counters i.e. Kenol Kobil, BAT Kenya, Safaricom, Sasini Tea and CFC Stanbic with a slight 1% uptick.
The worst performing counters on the NSE 20 Index year-to-date are led by Kenya Power & Lighting Company, Nation Media Group, and ScanGroup
sidelines until dust settles but will offer a good opportunity to ride long trend when reversal happens. in the meantime learning continues
BASED ON THE DATA I HAVE
counters outperforming NSE 20 SHARE INDEX, above 0.
counters underperforming NSE 20 SHARE INDEX, below 0
best performer CABLE share, worst performer NSE share
1 week later
counters outperforming NSE 20 SHARE INDEX, above 0
counters underperforming NSE 20 SHARE INDEX, below 0
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:mlennyma wrote:karasinga wrote:mlennyma wrote:karasinga wrote:Spikes wrote:mlennyma wrote:karasinga wrote:Spikes wrote:mlennyma wrote:is this the current information on kenol chart or its recycling of old information? ?
If you are not onbound, buy around 10.55
if on bound, sell targets
target 1 = 12
target 2 = 12.5-12.7
target 3 = 13.35
target 4(most ambitious target) = 14
As much as we respect charts because Math is a true knowledge that no reasonable man can doubt, follow your spirit. Do not jump into a counter without consulting your instincts plus other factors!
@ mlennyma. This is the current information(as by end of day 15th April 2016) including past predictions. it is a road we have traveled so far since first analysis.
as Spikes put it, consult your instincts.
now this doesn't give spikes any hope for his 8bob song,iam however expecting some action on kk towards book close and after positive AGM insights
Long termers are already locked in I don't think pockets of traders can trigger a rally as much as we head towards books closure. Expect sub 10/- before books closure and later on 8/-. No new info to speculate on at AGM if any. All good news is exhausted and captured in the current price.
lets see what Mr. Market has in store for us.
this will determine my faith in charts
watch keno closely. our targets still sound
kenol kobil is about to set a new high not because of charts but the companies positive news
hope i was not misunderstood. mlennyma,this post was to update us on the progress of the counter and had no intent to proof or say "because of charts" this is happening. with all due respect, if I need to explain this point further let me know.
and there we go  as at 1100hrs
watching closely. It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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