sparkly wrote:
@guru From @hisah's cartoon, i would say that investors are very bullish and a breakout above 4000 looks more likely.
@sparkly so you see a breakout above 4k according to the charts??
what if Q2 earnings disappoint?? What if the shilling suddenly starts spiraling lower again?? What if inflation starts ticking upwards?? What if there is electoral violence??
Will there still be a breakout above 4k??
Chart analysis cannot predict future events or trends and it ignores too many significant variables... "Ceteris paribus" does not apply in the real world!
Mark 12:29
Deuteronomy 4:16