Wazua
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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hisah wrote:NSE20 has flown past 3850 and smashed past 4000 handle to close at 4076. That's a 46.14% bounce from 2789 low! Are bulls getting ahead of themselves before year end  Testing 4000 handle is encouraging as it means the bears are heading out of town, but the current rush in prices doesn't offer a nice hunting ground for now. Sidelined. A reload window will present itself later. The market should open already
KQ ABP 4.26
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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lochaz-index wrote:hisah wrote:NSE20 has flown past 3850 and smashed past 4000 handle to close at 4076. That's a 46.14% bounce from 2789 low! Are bulls getting ahead of themselves before year end Testing 4000 handle is encouraging as it means the bears are heading out of town, but the current rush in prices doesn't offer a nice hunting ground for now. Sidelined. A reload window will present itself later. Bulls have definitely overplayed their hand on this one. The resulting sell off should be equally brutal and unrelenting...that should catch most of the rally chasers unaware. The current recovery's pace is steeper than both the GFC and the 2011 bear(or any other previous bear) which leaves alot of questions unanswered seeing as the bull is not well founded. At this rate, a push towards 4200-4400 will come sooner rather than later but I smell a bull trap on this one. When everyone is buying into the peaceful elections narrative, the time to sell is imminent. Let's see what happens after swearing in.. when all is seemingly well. Im sure there's another harvest in store
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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karasinga wrote:Mukiri wrote:Mukiri wrote:karasinga wrote:KEGN:
Missed the small rally and that's fine.
The truth is we will Win some, lose some, miss some. Better to miss a winner than sustain a loss. There is always another trade on the horizon.
IMHO. These guys are distributing now. watching with great interest Thank you @Karasinga... What about this one that seems to have elicited some excitement Kengen please? I wonder which is a better bargain Kengen or Kenya Power Around election time, insurance stocks seem to soar? Happened last election Hello Mukiri. This was an oversight. My apologies. As you might be aware I try to be very prompt. Hopefully there are no other post unanswered. If any by any chance, don't hesitate to repost. Please note I have my reservation on stocks behaviour during election period and better bargain. time to learn. Fundamental gurus can give their part. Will post my chart later. best wishes #1266 May 23rd. Happened last election, has happened this election and will most probably happen next election. 100%+ in a bear isn't too bad,no?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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lochaz-index wrote:hisah wrote:NSE20 has flown past 3850 and smashed past 4000 handle to close at 4076. That's a 46.14% bounce from 2789 low! Are bulls getting ahead of themselves before year end Testing 4000 handle is encouraging as it means the bears are heading out of town, but the current rush in prices doesn't offer a nice hunting ground for now. Sidelined. A reload window will present itself later. Bulls have definitely overplayed their hand on this one. The resulting sell off should be equally brutal and unrelenting...that should catch most of the rally chasers unaware. The current recovery's pace is steeper than both the GFC and the 2011 bear(or any other previous bear) which leaves alot of questions unanswered seeing as the bull is not well founded. At this rate, a push towards 4200-4400 will come sooner rather than later but I smell a bull trap on this one. When everyone is buying into the peaceful elections narrative, the time to sell is imminent. I would exercise caution in this market until the euphoria witnessed wears off. Support cluster is 3850 and 4000 for NSE20. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 4/21/2015 Posts: 151
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Mukiri wrote:karasinga wrote:Mukiri wrote:Mukiri wrote:karasinga wrote:KEGN:
Missed the small rally and that's fine.
The truth is we will Win some, lose some, miss some. Better to miss a winner than sustain a loss. There is always another trade on the horizon.
IMHO. These guys are distributing now. watching with great interest Thank you @Karasinga... What about this one that seems to have elicited some excitement Kengen please? I wonder which is a better bargain Kengen or Kenya Power Around election time, insurance stocks seem to soar? Happened last election Hello Mukiri. This was an oversight. My apologies. As you might be aware I try to be very prompt. Hopefully there are no other post unanswered. If any by any chance, don't hesitate to repost. Please note I have my reservation on stocks behaviour during election period and better bargain. time to learn. Fundamental gurus can give their part. Will post my chart later. best wishes #1266 May 23rd. Happened last election, has happened this election and will most probably happen next election. 100%+ in a bear isn't too bad,no? @karasinga What is screaming"buy me?"
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Angelica _ann wrote:karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear  one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes  Bounced off 7.50 as i had predicted. Now filling the gaps between 9-10 then we will have a solid rally to 12-15. Life is short. Live passionately.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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sparkly wrote:Angelica _ann wrote:karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes Bounced off 7.50 as i had predicted. Now filling the gaps between 9-10 then we will have a solid rally to 12-15. Meaning, ndaani ndaaaaaaani mpaka
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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bartum wrote:sparkly wrote:Angelica _ann wrote:karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes Bounced off 7.50 as i had predicted. Now filling the gaps between 9-10 then we will have a solid rally to 12-15. Meaning, ndaani ndaaaaaaani mpaka You can pick some between 9-9.25 and wait for the ride to 15 which is coming soon. Life is short. Live passionately.
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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sparkly wrote:bartum wrote:sparkly wrote:Angelica _ann wrote:karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes Bounced off 7.50 as i had predicted. Now filling the gaps between 9-10 then we will have a solid rally to 12-15. Meaning, ndaani ndaaaaaaani mpaka You can pick some between 9-9.25 and wait for the ride to 15 which is coming soon. I expect the Kipevu switch off to affect the price a bit but still loading up with an offload target at 12/- To Each His Own
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Mukiri wrote:Mukiri wrote:Mukiri wrote:nashx wrote:karasinga wrote:nashx wrote:Update chart on KPLC If you check here, 7.7 printed... was within the expected zone but having had a simple wave 2, I wont be surprised to see around 7.6 print. If and I repeat if this happens, then expect the following to be potential sell targets target 1 = 8.55 target 2 = 9.15 target 3 = 10.1(most ambitious) best wishes Thank you @karasinga for the tireless work you do here.  It seems I will have to hold on to this counter further till the day it goes back to the 13s Target 1 achieved Thank you.. Onto target 2  Target 2 acheived with target 3 not being far-off I bet if reviewed, 13 is attainable And the 'most ambitious' has been attained Pre-bear 15 I have been really waiting for you The Prezo will be welcomed with 15, I'm willing to bet
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