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CIC HY 2017 PBT UP 28%
maka
#31 Posted : Tuesday, August 15, 2017 8:41:04 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Metasploit wrote:
maka wrote:
Spikes wrote:
maka wrote:
Metasploit wrote:
For those riding CIC..

Strong resistance at 6.7-7.2 (RSI currently at 91)

expecting floor at 5.6 ( Lots of Gaps from 5 to
6.7)




So we sell? But demand was still massive before trading close...


Obey TA or else you get wiped out completely.


Too early to pull the trigger...7.2 kesho.


Everybody has his/her own trading strategy..Mine is to sell at key resistance levels and re enter at key support levels(I use trendlines which follow fibo,candlesticks and oscillators)


Let me drink a whitecap....smile
possunt quia posse videntur
Metasploit
#32 Posted : Tuesday, August 15, 2017 8:46:29 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
@Maka i want you to consider two volumes that are above average on the chart..The volume on August 2nd at ksh 4.95 and the volume today at 6.70.

Yes the price will most likely hit Ksh 10 and even 12 before end of next year.But for short/medium term traders we enter at pullbacks and sell at resistances

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
maka
#33 Posted : Tuesday, August 15, 2017 9:26:08 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Metasploit wrote:
@Maka i want you to consider two volumes that are above average on the chart..The volume on August 2nd at ksh 4.95 and the volume today at 6.70.

Yes the price will most likely hit Ksh 10 and even 12 before end of next year.But for short/medium term traders we enter at pullbacks and sell at resistances


Asante sana...
possunt quia posse videntur
heri
#34 Posted : Wednesday, August 16, 2017 7:50:14 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Insurers see profit after peaceful poll

http://www.businessdaily...7738-4saik1z/index.html

Insurers that covered risks arising from political violence are expected to make underwriting profits from those policies in the wake of the largely peaceful General Election.
There has been minimal damage to property and business disruption following last week’s elections compared to the violence seen in the aftermath of the 2007 polls.
Companies spread across the country took policies ahead of the elections to hedge their losses, with insurers saying they expect to keep some of the premiums from the one-year covers as profit.
winston
#35 Posted : Wednesday, August 16, 2017 10:23:43 AM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
heri wrote:
Insurers see profit after peaceful poll

http://www.businessdaily...7738-4saik1z/index.html

Insurers that covered risks arising from political violence are expected to make underwriting profits from those policies in the wake of the largely peaceful General Election.
There has been minimal damage to property and business disruption following last week’s elections compared to the violence seen in the aftermath of the 2007 polls.
Companies spread across the country took policies ahead of the elections to hedge their losses, with insurers saying they expect to keep some of the premiums from the one-year covers as profit.


Not to throw a cold towel...but most of the political violence premiums is ceded out to reinsurers...mostly foreign ones. Insurance companies retain very little of the risk and hence will benefit with proportionately very little of the profits.
Metasploit
#36 Posted : Wednesday, August 16, 2017 12:40:11 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Filling the Gaps..


“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
hisah
#37 Posted : Wednesday, August 16, 2017 2:31:53 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Metasploit wrote:
Filling the Gaps..


Targets are 5.50 and 5.00 where bulls will regroup for the next push.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Metasploit
#38 Posted : Thursday, August 17, 2017 11:49:51 AM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
hisah wrote:
Metasploit wrote:
Filling the Gaps..


Targets are 5.50 and 5.00 where bulls will regroup for the next push.


This one will make a really good play..It has a strong bullish trend

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Rawsinvestor
#39 Posted : Thursday, August 17, 2017 2:11:56 PM
Rank: Hello

Joined: 1/20/2014
Posts: 9
Location: Nairobi
I think the new support level will be at 6.00 to 6.05. There is a significant demand at 6.00
If the dollar value goes to Zero, the gold value goes to infinity.
Spikes
#40 Posted : Thursday, August 17, 2017 4:21:24 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Rawsinvestor wrote:
I think the new support level will be at 6.00 to 6.05. There is a significant demand at 6.00


That demand must be wiped out as the rally left several gaps at each handle to be filled .Expect another downward leg .
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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