Wazua
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Rank: Member Joined: 1/3/2014 Posts: 257
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karasinga wrote:snipermnoma wrote:karasinga wrote:karasinga wrote:karasinga wrote:EQT
I reserve my comments(for this counter) until EQT prints around 19.5
I learnt from KEGN to always include all possibilities. An opportunity to go long labelled on the chart.
other than capping of interest rate, do we have ANY other fundamentals that might make EQT test 10? just thinking roundly 
criticism/comments and opinions are highly welcomed.
baby steps...
DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis
At this point I am not aware of any fundamentals that make EQT test 10. However depending on how adversely Q4 is affected by rate cap 21 could be tested.
if you ask me I will say " I don't know what will happen (quoting Mark Douglas) to EQT but have an expectation of a possibility" . at or around aforementioned targets will an interesting zone to watch almost "a must engage" due to possibilities that might play out.
The beauty of technical analysis such as this is that it is a pointer to a possible outcome. Fundamentals tend to confirm. You have a leading indicator, now we be on the look out for fundies to confirm.
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Rank: Member Joined: 1/3/2014 Posts: 257
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Spikes wrote:karasinga wrote:karasinga wrote:karasinga wrote:snipermnoma wrote:karasinga wrote:karasinga wrote:karasinga wrote:EVRD
A shallow pull back expected to the structure. max 2.5 then a possible final leg
update
behold, EVRD. prints 2.45. watching
Good call. My history with paka means I would never touch it again not even for speculation.
"Every moment in the market is unique" remember Mark Douglas. hope you read his book. otherwise, +20%. Welcome back snipermnoma. I hope KEGN "cartoon" was helpful.
baby steps ...
progress
in my humble opinion, this (+35%) should be enough. alight if on booard
baby steps...
STATEMENT DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis
me like this. playing to expectations
@Karasinga what is your take on Kengen's huge volume 752% above average in today's trade?
@karasinga, yes KEGN cartoon was helpful. It confirmed the mini rally that is expected based on the low P/B plus high div yield. @spikes has pointed out another issue about volume, my take is this is yet another confirmation of an uptick. FY results to be released soon.
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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snipermnoma wrote:Spikes wrote:karasinga wrote:karasinga wrote:karasinga wrote:snipermnoma wrote:karasinga wrote:karasinga wrote:karasinga wrote:EVRD
A shallow pull back expected to the structure. max 2.5 then a possible final leg
update
behold, EVRD. prints 2.45. watching
Good call. My history with paka means I would never touch it again not even for speculation.
"Every moment in the market is unique" remember Mark Douglas. hope you read his book. otherwise, +20%. Welcome back snipermnoma. I hope KEGN "cartoon" was helpful.
baby steps ...
progress
in my humble opinion, this (+35%) should be enough. alight if on booard
baby steps...
STATEMENT DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis
me like this. playing to expectations
@Karasinga what is your take on Kengen's huge volume 752% above average in today's trade?
@karasinga, yes KEGN cartoon was helpful. It confirmed the mini rally that is expected based on the low P/B plus high div yield. @spikes has pointed out another issue about volume, my take is this is yet another confirmation of an uptick. FY results to be released soon.
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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cabl
might be leaving station
DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis 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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snipermnoma wrote:Spikes wrote:
@Karasinga what is your take on Kengen's huge volume 752% above average in today's trade?
@karasinga, yes KEGN cartoon was helpful. It confirmed the mini rally that is expected based on the low P/B plus high div yield. @spikes has pointed out another issue about volume, my take is this is yet another confirmation of an uptick. FY results to be released soon.
KenGen Ltd Ord. 2.50 broke above the upside resistance level of 6.25, 26 day(s) ago. This is a bullish sign. This previous resistance level of 6.25 may now provide downside support. Volume on the day of the breakout was quite light---92% below average. The most reliable breakouts are accompanied with increased volume. However, prices have risen some distance since breaking out--8.03%, thereby adding more validity to the breakout.
having said that, there is a possibility wave 2 to form either:
1. flat pattern (check gold trend lines on the chart) to the said 6.25.
2. bullish bat pattern to 5.86 (has high confluence with volume at price @ 5.82)
currently price seems to be struggling(2 dojis) at a resistance offered by 200MA and the volumes seen in the last two trading days is not in harmony with price movement- indicating weakness.(This could be a "insider" offloading to wait for the price lower)
in my humble opinion, we can wait for price patiently between 6.25 and 5.82.(but do your due deligence)
hope this helps
baby steps...
DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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karasinga wrote:snipermnoma wrote:Spikes wrote:
@Karasinga what is your take on Kengen's huge volume 752% above average in today's trade?
@karasinga, yes KEGN cartoon was helpful. It confirmed the mini rally that is expected based on the low P/B plus high div yield. @spikes has pointed out another issue about volume, my take is this is yet another confirmation of an uptick. FY results to be released soon.
KenGen Ltd Ord. 2.50 broke above the upside resistance level of 6.25, 26 day(s) ago. This is a bullish sign. This previous resistance level of 6.25 may now provide downside support. Volume on the day of the breakout was quite light---92% below average. The most reliable breakouts are accompanied with increased volume. However, prices have risen some distance since breaking out--8.03%, thereby adding more validity to the breakout.
having said that, there is a possibility wave 2 to form either:
1. flat pattern (check gold trend lines on the chart) to the said 6.25.
2. bullish bat pattern to 5.86 (has high confluence with volume at price @ 5.82)
currently price seems to be struggling(2 dojis) at a resistance offered by 200MA and the volumes seen in the last two trading days is not in harmony with price movement- indicating weakness.(This could be a "insider" offloading to wait for the price lower)
in my humble opinion, we can wait for price patiently between 6.25 and 5.82.(but do your due deligence)
hope this helps
baby steps...
DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis
When is the price expected to come down? 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:karasinga wrote:snipermnoma wrote:Spikes wrote:
@Karasinga what is your take on Kengen's huge volume 752% above average in today's trade?
@karasinga, yes KEGN cartoon was helpful. It confirmed the mini rally that is expected based on the low P/B plus high div yield. @spikes has pointed out another issue about volume, my take is this is yet another confirmation of an uptick. FY results to be released soon.
KenGen Ltd Ord. 2.50 broke above the upside resistance level of 6.25, 26 day(s) ago. This is a bullish sign. This previous resistance level of 6.25 may now provide downside support. Volume on the day of the breakout was quite light---92% below average. The most reliable breakouts are accompanied with increased volume. However, prices have risen some distance since breaking out--8.03%, thereby adding more validity to the breakout.
having said that, there is a possibility wave 2 to form either:
1. flat pattern (check gold trend lines on the chart) to the said 6.25.
2. bullish bat pattern to 5.86 (has high confluence with volume at price @ 5.82)
currently price seems to be struggling(2 dojis) at a resistance offered by 200MA and the volumes seen in the last two trading days is not in harmony with price movement- indicating weakness.(This could be a "insider" offloading to wait for the price lower)
in my humble opinion, we can wait for price patiently between 6.25 and 5.82.(but do your due deligence)
hope this helps
baby steps...
DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis
When is the price expected to come down?
spikes, in all fairness, i dont know. It is like saying I know who's in this market and who's about to come into this market. I know what they believe about what is high or what is low. Furthermore, I know each individual's capacity to act on those beliefs, and with this knowledge, I am able to determine how the actions of each of these individuals will affect price movement in its collective form a second, a minute, an hour, a day, or a week from now. I hope this makes sense. Once again five fundamental truths about the market (quoting Mark Douglas);
1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
technical analysis is just a road map. PA is the king It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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Rank: Member Joined: 1/3/2014 Posts: 257
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karasinga wrote:Spikes wrote:karasinga wrote:snipermnoma wrote:Spikes wrote:
@Karasinga what is your take on Kengen's huge volume 752% above average in today's trade?
@karasinga, yes KEGN cartoon was helpful. It confirmed the mini rally that is expected based on the low P/B plus high div yield. @spikes has pointed out another issue about volume, my take is this is yet another confirmation of an uptick. FY results to be released soon.
KenGen Ltd Ord. 2.50 broke above the upside resistance level of 6.25, 26 day(s) ago. This is a bullish sign. This previous resistance level of 6.25 may now provide downside support. Volume on the day of the breakout was quite light---92% below average. The most reliable breakouts are accompanied with increased volume. However, prices have risen some distance since breaking out--8.03%, thereby adding more validity to the breakout.
having said that, there is a possibility wave 2 to form either:
1. flat pattern (check gold trend lines on the chart) to the said 6.25.
2. bullish bat pattern to 5.86 (has high confluence with volume at price @ 5.82)
currently price seems to be struggling(2 dojis) at a resistance offered by 200MA and the volumes seen in the last two trading days is not in harmony with price movement- indicating weakness.(This could be a "insider" offloading to wait for the price lower)
in my humble opinion, we can wait for price patiently between 6.25 and 5.82.(but do your due deligence)
hope this helps
baby steps...
DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis
When is the price expected to come down?
spikes, in all fairness, i dont know. It is like saying I know who's in this market and who's about to come into this market. I know what they believe about what is high or what is low. Furthermore, I know each individual's capacity to act on those beliefs, and with this knowledge, I am able to determine how the actions of each of these individuals will affect price movement in its collective form a second, a minute, an hour, a day, or a week from now. I hope this makes sense. Once again five fundamental truths about the market (quoting Mark Douglas);
1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
technical analysis is just a road map. PA is the king
True true. The more I read mark douglas the more I see a need to change some perceptions. Anything can happen and thus always accept that there is a risk inherent in every trade. Learn to accept the risk knowing that you could lose money.
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:Kenya Airways Ltd Ord 5.00 broke above the upside resistance level of 3.43, 2 day(s) ago. This is a bullish sign. This previous resistance level of 3.43 may now provide downside support. Volume on the day of the breakout was quite heavy--94% above average. This makes the breakout even more significant. If you decide to trade Kenya Airways Ltd Ord 5.00, you may want to place a stop loss just below the resistance level, in case the breakout is premature.
baby steps...
technically... my thoughts in the chart.
baby steps...
DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis 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:Othelo wrote:karasinga wrote:karasinga wrote:karasinga wrote:brayosylvan wrote:I have narrowed down my trading to Kengen, Safaricom and Standard Chartered- I want to make my money as consistently as possible mostly by dividend and stock value changes. I need someone to analyze these 3 companies; I make 3 trades per year and my projection is at least a minimum of 50% return on investment. Who has the dates and the graphs for 2017? I know safaricom has already announced closing date in December- kindly some analysis on the other 2 stocks...
@brayosylvan. welcome to this thread. Here we show the market as it is and currently learning to live on the right side of the chart as opposed to the left. left side is the past and past is the past, but can help us know where we are. Those are excellent thoughts and requests you have there.... any one to provide more data in excel format(OHLC) and will work on it. baby steps.... 
@brayosylvan. let me try scom. i repeat, let me try. hope this helps
my thoughts on the chart. hope this pattern and other before are not forced. its lonely here wazuan. opinions plz
IF HOLDING SCOM WATCH CAREFULLY
targets almost being hit.below is a chart as on 26th july 2016 at 1340hrs with targets well labeled.
STATEMENT DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis
'we' are in this until RIP so no worries
UPDATE
hope you wont mind my busy chart. will get clean with time
baby steps...
When a simple pattern develops in a wave ‘2’ position(like it did for scom), a more complex pattern that combines patterns may develop in the wave ‘4’ position. This is known as the guideline of alternation.possible buy target between 17.9 and 17.5
watching closely. baby steps...
STATEMENT DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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