obiero wrote:karasinga wrote:Angelica _ann wrote:NIC & KCB please!!!
KCB weekly view. NIC- No comments

Trade what you see
@karasinga interpret the KCB chart. Fair price appears to be KES 35
Technically, KCB is a potential buy.
Why?
1. Within a strong demand zone that was able to take out two supply zones( peak A & B)
2. RSI hidden divergence on daily time frame.
3. strong confluence around 37
4. within a strong support (blue arrows)
what is likely to happen.
High volume to be evidenced as from today 13th Oct.
disclaimer. best wishes and remember there are protective stops,..... use them. 35 is likely a stop. my 2 cents
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