Wazua
»
Investor
»
Stocks
»
directional forecast
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
hisah 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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset. September starts with a bang! Gaps getting filled. I'll state it again exercise caution in this market! When you live in these markets long enough you start seeing its heartbeat.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
hisah wrote:hisah 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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset. September starts with a bang! Gaps getting filled. I'll state it again exercise caution in this market! When you live in these markets long enough you start seeing its heartbeat. If international markets start tanking in Q4 especially with respect to interest rates the coming winter will be one for the ages. The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
|
hisah wrote:hisah 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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset. September starts with a bang! Gaps getting filled. I'll state it again exercise caution in this market! When you live in these markets long enough you start seeing its heartbeat. Quite a rollercoaster ride The harder you work, the luckier you get
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
kryptonite wrote:hisah wrote:hisah 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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset. September starts with a bang! Gaps getting filled. I'll state it again exercise caution in this market! When you live in these markets long enough you start seeing its heartbeat. Quite a rollercoaster ride What a relief today was a Friday! Two and a half days of sobering up
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Mukiri wrote:kryptonite wrote:hisah wrote:hisah 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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset. September starts with a bang! Gaps getting filled. I'll state it again exercise caution in this market! When you live in these markets long enough you start seeing its heartbeat. Quite a rollercoaster ride What a relief today was a Friday! Two and a half days of sobering up What a day, what a market! Like a Polaroid picture. 2 days? Let's see.
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
NSE 20 Index -139.84 -3.47% 3,887.28
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
hisah wrote:hisah 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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset. September starts with a bang! Gaps getting filled. I'll state it again exercise caution in this market! When you live in these markets long enough you start seeing its heartbeat. In two trading days NSE20 has plunged 5.48% and in the process lost 4000 handle as well as the breakout support at 3850 handle as it closes for the day at 3806. Next support cluster comes in at 3450 - 3600. 3797 was the July close while June closed at 3607. The July and August gains are indeed at risk of being wiped out! Strong shakeout. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
|
hisah wrote:hisah wrote:hisah 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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset. September starts with a bang! Gaps getting filled. I'll state it again exercise caution in this market! When you live in these markets long enough you start seeing its heartbeat. In two trading days NSE20 has plunged 5.48% and in the process lost 4000 handle as well as the breakout support at 3850 handle as it closes for the day at 3806. Next support cluster comes in at 3450 - 3600. 3797 was the July close while June closed at 3607. The July and August gains are indeed at risk of being wiped out! Strong shakeout. What was the lowest handle during the 2008 PEV n the world financial crisis? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,219 Location: nairobi
|
hisah wrote:hisah wrote:hisah 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. 4076 has not been exceeded since post election relief rally as the month comes to a close. Several counters (many banks including mpesa bank) have gap up holes in their weekly chart that was caused by the euphoria rally this month. Always remember that gaps get filled. Exercise caution in this market. Better reloading opportunities will come. Still sidelined until these conditions reset. September starts with a bang! Gaps getting filled. I'll state it again exercise caution in this market! When you live in these markets long enough you start seeing its heartbeat. In two trading days NSE20 has plunged 5.48% and in the process lost 4000 handle as well as the breakout support at 3850 handle as it closes for the day at 3806. Next support cluster comes in at 3450 - 3600. 3797 was the July close while June closed at 3607. The July and August gains are indeed at risk of being wiped out! Strong shakeout. There's no risk of August gains being wiped out, but a certainity!
KQ ABP 4.26
|
|
|
Wazua
»
Investor
»
Stocks
»
directional forecast
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.