Wazua
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directional forecast
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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obiero wrote:obiero wrote:Angelica _ann wrote:obiero wrote:obiero wrote:bartum wrote:[quote=karasinga] NBK:expect a pullback to around 8.6  trade what you see. not news or gut feelings. disclaimer I second, sell tomorrow This thing still has legs.. Though I would not trade it No easing up http://live.mystocks.co.ke/m/stock=NBK
Many will be trapped, watching from the sides Thank Jesus for the low volume NBK has disrespected the cartoon. KES 11 prints albeit on vapor volume Dear Obiero. Wave 3 is related to Wave 1 by one of the following: Wave 3 = either 1.62 x length of Wave 1(9.8) or 2.62 x length of Wave 1(11.9) that's where we are or 4.25 x length of Wave 1(15.3) what is the hullabaloo for? Relax and watch money being made  .OOPS that was not necessary. best wishes in your endeavors It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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karasinga wrote:obiero wrote:obiero wrote:Angelica _ann wrote:obiero wrote:obiero wrote:bartum wrote:[quote=karasinga] NBK:expect a pullback to around 8.6 trade what you see. not news or gut feelings. disclaimer I second, sell tomorrow This thing still has legs.. Though I would not trade it No easing up http://live.mystocks.co.ke/m/stock=NBK
Many will be trapped, watching from the sides Thank Jesus for the low volume NBK has disrespected the cartoon. KES 11 prints albeit on vapor volume Dear Obiero. Wave 3 is related to Wave 1 by one of the following: Wave 3 = either 1.62 x length of Wave 1(9.8) or 2.62 x length of Wave 1(11.9) that's where we are or 4.25 x length of Wave 1(11.3) what is the hullabaloo for? Relax and watch money being made best wishes in your endeavors Many and deep apologies. I thought you were the one who posted that we should expect a pull back to KES 8.6
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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obiero wrote:karasinga wrote:obiero wrote:obiero wrote:Angelica _ann wrote:obiero wrote:obiero wrote:bartum wrote:[quote=karasinga] NBK:expect a pullback to around 8.6 trade what you see. not news or gut feelings. disclaimer I second, sell tomorrow This thing still has legs.. Though I would not trade it No easing up http://live.mystocks.co.ke/m/stock=NBK
Many will be trapped, watching from the sides Thank Jesus for the low volume NBK has disrespected the cartoon. KES 11 prints albeit on vapor volume Dear Obiero. Wave 3 is related to Wave 1 by one of the following: Wave 3 = either 1.62 x length of Wave 1(9.8) or 2.62 x length of Wave 1(11.9) that's where we are or 4.25 x length of Wave 1(15.3) what is the hullabaloo for? Relax and watch money being made best wishes in your endeavors Many and deep apologies. I thought you were the one who posted that we should expect a pull back to KES 8.6 The comment on pull back was meant to "keep traders emotions on check"(just in case) so that none is cheated to liquidate their positions.(If this makes sense) It was not meant to mean anything else. 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:MSC:DIRECTIONAL FORECAST: (monthly view) those who trade news might help us take out the immediate supply zone. check this and this and more to come trade what you see. diclaimer Nothing personal but let us not trivialize what is important,"the process" Back to business. 1.3 it is....73%  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:CIC:Forgot to post CIC update. Must have been an oversight. Loading... a pull back between 4 and 3.75 will be value but first we go north.  Trade what you see just to help us. Now that market has reached 4.5(as earlier predicted), does it mean it will retrace? it may or it may not. This is probability. What do we know? a temporary pullback may form either now or later. Should I liquidate my position? that depend on my trading plan. Is this the end of the rally north? NO! It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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karasinga wrote:karasinga wrote:karasinga wrote:CIC:Forgot to post CIC update. Must have been an oversight. Loading... a pull back between 4 and 3.75 will be value but first we go north. Trade what you see just to help us. Now that market has reached 4.5(as earlier predicted), does it mean it will retrace? it may or it may not. This is probability. What do we know? a temporary pullback may form either now or later. Should I liquidate my position? that depend on my trading plan. Is this end of the rally north? NO! this one im sitting tight There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mkondoa Macho wrote:KCB anyone? Should I buy at this time or can it go lower? In the TA world the KCB weekly chart has completed a pattern called evening star. This is usually a reversal pattern. First target 35 handle then 33 in order to test former resistance turned support. If the support test fails then 30 handle comes into play. 33 handle will likely absorb the selling pressure then a challenge of 40 handle. If the bulls fail again to break above 40 then 30 handle and lower will be possible in the next selling phase.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Metasploit wrote:hisah wrote:hisah wrote:karasinga wrote:bartum wrote:karasinga wrote:SCOM: not happy with what bulls have been able to achieve so far. (MHO as on 25th April 2017 at 2pm) Firstly around 20.5. but can SCOM print 14.5 or lower? time will tell. Where next? Is it 20.50 @mnadii. Could this be an expanded flat in the making? Would like to hear your opinion. Currently on the sidelines due to my technical reasons. Breakout not yet unless bulls achieve a close above 21.25. Momentum dwindling. @ bartum. 22 printed with an exhaustion candle. Currently in learning mode Gap up as 22 printed on vapour volume on market open and down went the price for the day. Tough resistance above 20 handle. Weekly and Monthly still bullish, but daily hinting bears are present above 20 handle. Vol on news day was very low meaning FY is already priced in. Sideways action between 18-20 zone as bears and bulls fight it out to decide who controls the next big move; breakout or breakdown. The market will tell us in coming weeks. Bullish against 16 handle. Break below, bears take control. Will bulls finally overcome this tough supply zone? Several tests between 21 and 22 handle. Mr Market never allows several chances on tough resistance levels to happen unless it's the opposite effect in control (breakout).
My target since last year has been 23 handle after which I'll review the next long term target.
@metaspoilt did you revise your target from last year? watching how the 21-22 levels is handled for revision. I couldnt agree more with you that more work is needed in this cycle(more momentum for confirmation so that we dont have a divergence like the August 2016 and Nov 2016 high that saw the price dip to 16 support levels).It means bulls have to push the price to at least 22.50 and with good volumes for the next move higher.  Big volcanic pop coming....!!! This spring coil has a lot of energy power on it. May scale up to 25 handle! The big pop came and pushed the prices to a new all time high of 24, which also surpassed my target at 23. Closely watching the monthly close. If Mpesa bank forms an evening star pattern next month bulls will have a hard time fighting the bears...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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hisah wrote:Mkondoa Macho wrote:KCB anyone? Should I buy at this time or can it go lower? In the TA world the KCB weekly chart is has completed a pattern called evening star. This is usually a reversal pattern. First target 35 handle then 33 in order to test former resistance turned support. If the support test fails then 30 handle comes into play. 33 handle will likely absorb the selling pressure then a challenge of 40 handle. If the bulls fail again to break above 40 then 30 handle and lower will be possible in the next selling phase. Hio ya evening star nimekubali.. Choppy waters are around. In my opinion its better to wait it out for now.. Though for the bold investor KCB remains the best bank to purchase aside from COOP
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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hisah wrote:[quote=Mkondoa Macho]KCB anyone? Should I buy at this time or can it go lower? lets wait for the merger to formally begin and it will be really very cheap.we will get at 35 and below im sure Towards the goal of financial freedom
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Angelica _ann wrote:obiero wrote:obiero wrote:bartum wrote:[quote=karasinga] NBK:expect a pullback to around 8.6 trade what you see. not news or gut feelings. disclaimer I second, sell tomorrow This thing still has legs.. Though I would not trade it No easing up http://live.mystocks.co.ke/m/stock=NBK[/quote] Many will be trapped, watching from the sides http://mobile.nation.co....78660-ojmy1n/index.html
@Angelica Ann You were accurate when you dropped this warning! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Ebenyo wrote:hisah wrote:[quote=Mkondoa Macho]KCB anyone? Should I buy at this time or can it go lower? lets wait for the merger to formally begin and it will be really very cheap.we will get at 35 and below im sure Always remember the market moves ahead of the news... The current weekly chart evening star pattern doesn't inspire confidence for bullish continuation from a trading perspective. In the trading world this is a time to fade positions and eat your profit. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:karasinga wrote:MSC:DIRECTIONAL FORECAST: (monthly view)those who trade news might help us take out the immediate supply zone. check this and this and more to come trade what you see. diclaimer Nothing personal but let us not trivialize what is important,"the process" Back to business. 1.3 it is....73% Please be informed that if (UPPER CASE) I repeat if MSC achieves a close > 1.35(from today 21st june), this will be bulls country. disclaimer 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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I love it when a trader helps his/her fellow trader. Keep it up. It is helping us to be all round. Will be interesting to watch and learn how NBK and KCB behave in relation to current analysis not forgetting alternative wave count. In learning mode... best wishes 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:Ericsson wrote:@Karasinga
EABL has touched 239 Hello Ericsson, welcome back 'home'. Yes I noted that. Technically, we have immediate supply (that bulls need to conquer) between 254 and 248. Let us see what Mr. Market has in store for us  trade what you see watching you  It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Member Joined: 1/3/2014 Posts: 257
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@karasinga keep up the good work.
Reminds me of these quotes from Mark Douglas:
"You must learn to trust your edge. The edge means there is a higher probability of one outcome than another out of 100 trades. The greater your confidence, the easier it will be to execute your trades"
"Learning how to identify an opportunity to buy or sell does not mean that you have learned to think like a trader . The defining characteristic that separates the consistent winners from everyone else is this: The winners have attained a mind-set a unique set of attitudes that allows them to remain disciplined, focused, and, above all, confident in spite of the adverse conditions."
"Every moment in the market is unique"
Therefore one must have and follow their trading plan.
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Rank: Member Joined: 1/3/2014 Posts: 257
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@karasinga When you get the chance update the NSE20 chart.
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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snipermnoma wrote:@karasinga When you get the chance update the NSE20 chart. Hello snipermnoma. Welcome back. Where did you vanish to? As previously stated NSE 20 index bottomed on 30th jan 2017 @ 2,789.64. Kindly find what is on my chart. I hope nothing is forced to fit  my humble opinion. hope you wont mind snapshot's quality... not the best Trade what you see It's not over until I winskype 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:snipermnoma wrote:@karasinga When you get the chance update the NSE20 chart. Hello snipermnoma. Welcome back. Where did you vanish to? As previously stated NSE 20 index bottomed on 30th jan 2017 @ 2,789.64. Kindly find what is on my chart. I hope nothing is forced to fit my humble opinion. hope you wont mind snapshot's quality... not the best Trade what you see Aligns with my view of FTSE KE NSE15. Looking toppish for now.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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snipermnoma wrote:@karasinga keep up the good work.
Reminds me of these quotes from Mark Douglas:
"You must learn to trust your edge. The edge means there is a higher probability of one outcome than another out of 100 trades. The greater your confidence, the easier it will be to execute your trades"
"Learning how to identify an opportunity to buy or sell does not mean that you have learned to think like a trader . The defining characteristic that separates the consistent winners from everyone else is this: The winners have attained a mind-set a unique set of attitudes that allows them to remain disciplined, focused, and, above all, confident in spite of the adverse conditions."
"Every moment in the market is unique"
Therefore one must have and follow their trading plan. You are most welcome. Well said mate. I love that guy. Quoting someone "bado niko nursery" ya stock market. Showing what is possible for a retailer trader. I saw wazua rank veteran the other day????? I wondered what are their basis? quality or number of the posts? Anyway, Stick to your trading plan if you have one. Trust me, it works. best wishes It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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