Wazua
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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KENO dry supply... as @ 1400hrs It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 7/21/2010 Posts: 6,185 Location: nairobi
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karasinga wrote:KENO dry supply... as @ 1400hrs Has it defied and overturned the charts? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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mlennyma wrote:karasinga wrote:KENO dry supply... as @ 1400hrs Has it defied and overturned the charts? not really. Wave 3 is related to Wave 1 by one of the following: Wave 3 = either 1. 1.62 x length of Wave 1 (13.2) or 2. 2.62 x length of Wave 1 (15.1 not yet realized but almost there )or 3. 4.25 x length of Wave 1 (18.3 most ambitious)The most common multiples are 1.62 and 2.62. However, if the 3 rd Wave is an extended wave(like in case of keno), then 2.62 and 4.25 ratios are more common. If you need more explanation let me know. baby steps... It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mlennyma wrote:karasinga wrote:KENO dry supply... as @ 1400hrs Has it defied and overturned the charts? Someone baiting the market with small quantities / high price demand. Life is short. Live passionately.
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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sparkly wrote:mlennyma wrote:karasinga wrote:KENO dry supply... as @ 1400hrs Has it defied and overturned the charts? Someone baiting the market with small quantities / high price demand. That is exactly the point sparkly, I have a feeling that, that demand(100 @ 15) was to make many of us stay put and not sell(to be interpreted as the trend is still on when the truth of the matter is, it is halting= manipulation I have been talking about) . For long term traders that is fine but for a swing trader......, that was a good bluff. tomorrow(25th nov) will be an interesting day to watch KENO It's not over until I winskype 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:UCHM we are watching you... eyes on the market baby steps... Uchumi broke above the upside resistance level of 3.13 1 day ago. This is a bullish sign. This previous resistance level of 3.13 may now provide downside support. Volume on the day of the breakout was quite light---74% 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. It's not over until I winskype 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:karasinga wrote:obiero wrote:karasinga wrote:KQ looking at the facts on the chart, KQ might have another leg. I won't be surprised to see it print 9 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
Today Michael Joseph bashes the board over the Deloitte report.. Anyone who has been inside his meeting room knows he insults freely and feverish.. KQ is reborn good to see you back, obiero. long time. Expectation: technically, 5.7(last scare) can be tested before moving on due to the bearish force seen yesterday. An Observation: market makers scared wanjiku recently by making huge moves down(see the chart) but we are with them this time round. my eyes on the market... 5.6 and take off..... this is nice. can see 9 beckoning It's not over until I winskype 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:karasinga wrote:UCHM we are watching you... eyes on the market baby steps... Uchumi broke above the upside resistance level of 3.13 1 day ago. This is a bullish sign. This previous resistance level of 3.13 may now provide downside support. Volume on the day of the breakout was quite light---74% 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. haiyaiya...! lets go. 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 winskype 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:Spikes wrote:karasinga wrote:MSC Thinking roundly 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 I doubt if MSC shall obey TA as everybody is awaiting announcement of a wider loss! Mumias broke above the upside resistance level of 1.02, 14 day(s) ago. This is a bullish sign. This previous resistance level of 1.02 may now provide downside support. Volume on the day of the breakout was quite light---60% below average. The most reliable breakouts are accompanied with increased volume. However, prices have risen some distance since breaking out--12.50%, thereby adding more validity to the breakout. Watching the pattern play out . Up until around 2.1 but not without some obstacles on the way. There is a substantial supply zone between 1.45 and 1.55 baby steps... so far so good It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@karasinga. Isn't it better to put faith in healthy companies then study their charts. coz honestly. uch, kq, mum are hopless companies with very uncertain future to begin with The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Aguytrying wrote:@karasinga. Isn't it better to put faith in healthy companies then study their charts. coz honestly. uch, kq, mum are hopless companies with very uncertain future to begin with Nice to see you here mate. My premises are on the charts with an assumption that all components of fundamental analysis( earnings,profit margin, return on equity,price to earnings and price to book etc) have been factored in price. If this is the case then, studying/Putting faith in Price Action(Charts) will almost always tell a story of where we have been and where we are going. In my humble opinion, what i have found out is that technical analysis keeps the trader focused on what the market is doing now in relation to what it has done in the past, instead of focusing on what the market should be doing based solely on what is logical and reasonable as determined by a mathematical model. "On the other hand, fundamental analysis creates what I call a "reality gap" between "what should be" and "what is." The reality gap makes it extremely difficult to make anything but very long-term predictions that can be difficult to exploit, even if they are correct." (quoting Mark Douglas)Could be time has come for us to see the market differently. hope it will stand the test of time remember we are here to make money... It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Member Joined: 8/15/2015 Posts: 817
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its quite strange why nobody is doing a technical analysis of the nse 20 share index because it would be bad to think that the index movement doesnot affect the stocks that make it up.because if you do an analysis on the index as a whole and have a bullish conviction then you better buy stocks and fast.another thing,is this rally a full blown recovery on the index or a retracement?
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Rank: Veteran Joined: 11/13/2015 Posts: 1,597
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Cornelius Vanderbilt wrote:its quite strange why nobody is doing a technical analysis of the nse 20 share index because it would be bad to think that the index movement doesnot affect the stocks that make it up.because if you do an analysis on the index as a whole and have a bullish conviction then you better buy stocks and fast.another thing,is this rally a full blown recovery on the index or a retracement? NSE 20 is doing a sideways/range-bound. It's been unable to clear the 3300 mark to give the bulls a chance and has failed to break below 3100 to shake out the optimists. The market needs a catalyst to make move either way. Technical analysis of a sideways market is tricky.
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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wukan wrote:Cornelius Vanderbilt wrote:its quite strange why nobody is doing a technical analysis of the nse 20 share index because it would be bad to think that the index movement doesnot affect the stocks that make it up.because if you do an analysis on the index as a whole and have a bullish conviction then you better buy stocks and fast.another thing,is this rally a full blown recovery on the index or a retracement? NSE 20 is doing a sideways/range-bound. It's been unable to clear the 3300 mark to give the bulls a chance and has failed to break below 3100 to shake out the optimists. The market needs a catalyst to make move either way. Technical analysis of a sideways market is tricky. welcome wukan and Cornelius Vanderbilt. Keep those posts coming. let me try to give my 2 cents. NSE 20 SHARE INDEX generally looks bearish but found a good support late August 2016. This support made NSE 20 SHARE INDEX break above the upside resistance level of 3,159.19, 21 day(s) ago. This is a bullish sign. This previous resistance level of 3,159.19 may now provide downside support.(looks like a retracement, time will tell) hope this helps. baby steps... It's not over until I winskype 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:ARM nice demand zone between 22.5 and 25. Price might retest this zone before moving on. behold 25 came and a Dragonfly Doji formed(typically interpreted as a bullish reversal candlestick pattern that mainly occurs at the bottom of downtrends) in our predetermined zone. how nice is this... buying on my terms not on markets terms . baby steps... It's not over until I winskype 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:karasinga wrote:Spikes wrote:karasinga wrote:MSC Thinking roundly 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 I doubt if MSC shall obey TA as everybody is awaiting announcement of a wider loss! Mumias broke above the upside resistance level of 1.02, 14 day(s) ago. This is a bullish sign. This previous resistance level of 1.02 may now provide downside support. Volume on the day of the breakout was quite light---60% below average. The most reliable breakouts are accompanied with increased volume. However, prices have risen some distance since breaking out--12.50%, thereby adding more validity to the breakout. Watching the pattern play out . Up until around 2.1 but not without some obstacles on the way. There is a substantial supply zone between 1.45 and 1.55 baby steps... so far so good supply coming in as expected. ~38%( in a "hopeless company with very uncertain future") accompanied by 1,473,500 volume an a nice rejection tail. learning continues... It's not over until I winskype 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:karasinga wrote:karasinga wrote:SASN a nice strong rejection at the PRZ. BEHOLD, +15% and going as on 19th oct 2016 at 1220hrs. a supply zone at 19.79. my eyes on the market 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 Sasini broke below the downside support level of 18.58, 1 day ago. This is a bearish sign. This previous support level of 18.58 may now provide upside resistance. Volume on the day of the breakout was quite light---95% below average I must be stretching my imagination too far. baby steps... It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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CFC stanbic broke below the downside support level of 70.25, 1 day(s) ago. This is a bearish sign. This previous support level of 70.25 may now provide upside resistance. Volume on the day of the breakout was quite light---98% below average. baby step... It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Member Joined: 2/28/2014 Posts: 188 Location: Nairobi
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karasinga wrote:CFC stanbic broke below the downside support level of 70.25, 1 day(s) ago. This is a bearish sign. This previous support level of 70.25 may now provide upside resistance. Volume on the day of the breakout was quite light---98% below average. baby step... So I should wait for this stock at 55 to 60 bob...very interested in buying good chunks of it Offering my personal finance knowledge for free
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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karasinga wrote:CFC stanbic broke below the downside support level of 70.25, 1 day(s) ago. This is a bearish sign. This previous support level of 70.25 may now provide upside resistance. Volume on the day of the breakout was quite light---98% below average. baby step... This one took off before I could fill my quota. Patiently waiting for it @63 and below. The main purpose of the stock market is to make fools of as many people as possible.
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