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Equity Share Price Movement
sparkly
#11 Posted : Friday, June 04, 2010 1:03:42 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
qw25041985 wrote:
Those who want a quick ride i think the up trend in rea vipingo has been confirmd after that sell off, that was triggerd by the profit warnin. I see this share testin the resistance level of 19. 00. You enter just 4 the ride. Otherwise as a long time investor this counter is a no no no no. So buy rea.

@qw what are you smoking? The stock is oversold yes, but the trend is not supported by volumes. It might fizzle out then come crashing down like a tonne of bricks. I would wait for the price to test the 19 resistance, then the current support before jumping in. On another note, does sisal have a future?
Life is short. Live passionately.
freiks
#12 Posted : Wednesday, June 09, 2010 6:07:15 PM
Rank: Veteran

Joined: 6/8/2010
Posts: 1,734
Is it just me or everyone else....
when this share goes up, NSE index goes up! when it goes down (today) NSE goes south. What is the reasoning behind this
Life is an endless adventure
qw25041985
#13 Posted : Wednesday, June 09, 2010 6:33:46 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@sparkly. LOL . i am sorber. but ar u trying to tell me Rea willnt test Ksh 19.00.Then i think simple analysis has faild you. And were u the one who said that u were waitin for equity at Ksh 30.00. and we shld meet there over a cup of tea. heheheh.

i do agree sisal has no future but if a pleasant ride shows up as a momentum trader i put aside fundermental analysis and rid the wave.

So lets meet at 19.00 for rea vipingo over a hot cup of tea.And with the low volumes on the NSE i am even suprised some share are movin up.

Let them read this budget fast we move on and Mr. Uhuru better not do another TYPO.
Your future depends on your dreams so go to sleep !
sparkly
#14 Posted : Wednesday, June 09, 2010 8:47:09 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
freiks wrote:
Is it just me or everyone else....
when this share goes up, NSE index goes up! when it goes down (today) NSE goes south. What is the reasoning behind this

@freiks its the other way round. Stock moves with the nse. Its called Beta, an assignment for you, google. @qw lol you have misquoted me. For rea i would wait for the trend to be confirmed by a double bottom, inverted head and shoulders, or establish a channel.
Life is short. Live passionately.
guru267
#15 Posted : Thursday, June 10, 2010 8:10:56 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
freiks wrote:
Is it just me or everyone else....
when this share goes up, NSE index goes up! when it goes down (today) NSE goes south. What is the reasoning behind this


@freiks Equity is a large cap stock and the index is definitely weighted so if equity, KQ, EABL, or safcom fall your likely to see a fall in the index
Mark 12:29
Deuteronomy 4:16
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