Wazua
»
Investor
»
Stocks
»
Briatm, Britam, Britam sounds like sweet candy!
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
|
researchfirst wrote:This discussion is becoming ridiculous. Actually read the article in BD, there are no "shocking revelations" and there is absolutely nothing in it to indicate that "Brtiam is run like a personal property." Some wazuans in this discussion are just upset that they bailed too early on the stock and are now (and have been for a while) desperately trying to talk the stock down to buy back in. It has not worked so far and is not going to work. Britam is an undervalued stock with a promising future. It will hit 18 this year. and by the look of things 14 to print will be a fierce battle "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
mlennyma wrote:researchfirst wrote:This discussion is becoming ridiculous. Actually read the article in BD, there are no "shocking revelations" and there is absolutely nothing in it to indicate that "Brtiam is run like a personal property." Some wazuans in this discussion are just upset that they bailed too early on the stock and are now (and have been for a while) desperately trying to talk the stock down to buy back in. It has not worked so far and is not going to work. Britam is an undervalued stock with a promising future. It will hit 18 this year. and by the look of things 14 to print will be a fierce battle My online trading platform is having a technical hitch, do we have huge demand? Give us Bid/Ask please. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
|
Spikes wrote:mlennyma wrote:researchfirst wrote:This discussion is becoming ridiculous. Actually read the article in BD, there are no "shocking revelations" and there is absolutely nothing in it to indicate that "Brtiam is run like a personal property." Some wazuans in this discussion are just upset that they bailed too early on the stock and are now (and have been for a while) desperately trying to talk the stock down to buy back in. It has not worked so far and is not going to work. Britam is an undervalued stock with a promising future. It will hit 18 this year. and by the look of things 14 to print will be a fierce battle My online trading platform is having a technical hitch, do we have huge demand? Give us Bid/Ask please. Bid/Ask: 37/64 Best Bid: 9,600 @ 14.80 (range 14.45 to 14.80) Best Ask: 30,000 @ 15.00 (15.00 to 16.00) As of 10:15 today.
|
|
|
Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
|
researchfirst wrote:Spikes wrote:mlennyma wrote:researchfirst wrote:This discussion is becoming ridiculous. Actually read the article in BD, there are no "shocking revelations" and there is absolutely nothing in it to indicate that "Brtiam is run like a personal property." Some wazuans in this discussion are just upset that they bailed too early on the stock and are now (and have been for a while) desperately trying to talk the stock down to buy back in. It has not worked so far and is not going to work. Britam is an undervalued stock with a promising future. It will hit 18 this year. and by the look of things 14 to print will be a fierce battle My online trading platform is having a technical hitch, do we have huge demand? Give us Bid/Ask please. Bid/Ask: 37/64 Best Bid: 9,600 @ 14.80 (range 14.45 to 14.80) Best Ask: 30,000 @ 15.00 (15.00 to 16.00) As of 10:15 today. Total Demand 213,500 / Best Bid@ 14.30 Total Supply 485,000 / Best Ask@ 15.50 11:22 hours Find free bid/ask spreads here: http://live.rich.co.ke/w...%DBO%7C%1E%F8%0E%5CE%811KEGN, KPLC, KQ, SCOM
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
mkate_nusu wrote:researchfirst wrote:Spikes wrote:mlennyma wrote:[quote=researchfirst]This discussion is becoming ridiculous. Actually read the article in BD, there are no "shocking revelations" and there is absolutely nothing in it to indicate that "Brtiam is run like a personal property." Some wazuans in this discussion are just upset that they bailed too early on the stock and are now (and have been for a while) desperately trying to talk the stock down to buy back in. It has not worked so far and is not going to work. Britam is an undervalued stock with a promising future. It will hit 18 this year. and by the look of things 14 to print will be a fierce battle My online trading platform is having a technical hitch, do we have huge demand? Give us Bid/Ask please. Bid/Ask: 37/64 Best Bid: 9,600 @ 14.80 (range 14.45 to 14.80) Best Ask: 30,000 @ 15.00 (15.00 to 16.00) As of 10:15 today. Total Demand 213,500 / Best Bid@ 14.30 Total Supply 485,000 / Best Ask@ 15.50 11:22 hours Find free bid/ask spreads here: http://live.rich.co.ke/w...DBO%7C%1E%F8%0E%5CE%811[/quote] Thanks bro. This link is very helpful! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
hisah wrote:What does the BRIT cartoon say? Moving average EMA 100 and WMA 100 gauges have rejected the bulls resulting in a bearish weekly pin-bar candlestick. Target SMA 20 at 12.45. The 61.8% fibo rebound rally from the 10 handle was on vapour volume. Still remains a golden handcuff play until I see accumulative supportive volume plays. Let's see if the 10 handle will stall the expected bear pressure strength.  @Hisah How do you compute these Fibo levels in terms of taking the High and Low. For Britam i got it by taking the High at 20 and low at 10 and getting the Fibo levels as below; 38.2%--ksh 13.8 61.8%-- ksh 16.2 so expecting serious resistances at 61.8% and with High of 16.20 expecting pullbacks at 13.8 or 12.4. I am trying to compute for CIC and safcom; Which High do you take for CIC...Ksh 8 or 7 or 6 and low (4.5 or 4 )....Do you take the high and low over a specified period say 1 year or 3 years ? Thanks
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Metasploit wrote:hisah wrote:What does the BRIT cartoon say? Moving average EMA 100 and WMA 100 gauges have rejected the bulls resulting in a bearish weekly pin-bar candlestick. Target SMA 20 at 12.45. The 61.8% fibo rebound rally from the 10 handle was on vapour volume. Still remains a golden handcuff play until I see accumulative supportive volume plays. Let's see if the 10 handle will stall the expected bear pressure strength. @Hisah How do you compute these Fibo levels in terms of taking the High and Low. For Britam i got it by taking the High at 20 and low at 10 and getting the Fibo levels as below; 38.2%--ksh 13.8 61.8%-- ksh 16.2 so expecting serious resistances at 61.8% and with High of 16.20 expecting pullbacks at 13.8 or 12.4. I am trying to compute for CIC and safcom; Which High do you take for CIC...Ksh 8 or 7 or 6 and low (4.5 or 4 )....Do you take the high and low over a specified period say 1 year or 3 years ? Thanks I usually use the two year (104 week) chart period high and low. For brit your fibo is the same though in a bear the 38.2% level is ignored during a pullback if SMA 20 (12.45 - 50) is close by as a stronger support level. If we break down then 10 handle is the target coz of the psychological round number. Markets like testing or resting at round numbers as per human psychology. For CIC I need to recompute.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
@metaspoilt for CIC I'm using the high at 12.40 and low at 4.70 assuming this low is going to hold if the week finishes with a pin-bar candlestick. Heavy support is also clustered between the 4 - 5 zone, which is the level that launched the parabolic rally till the 12.00 handle. If this is indeed a reversal floor as bulls defend the 5.00 handle, the bounce targets 6.45 (23.6%) or 7.50 (38.2%). 50% target is at a distant 9.20. If price slips below the 4.00 handle, the above scenario will be negated as losses extend towards new all time lows! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
hisah wrote:@metaspoilt for CIC I'm using the high at 12.40 and low at 4.70 assuming this low is going to hold if the week finishes with a pin-bar candlestick. Heavy support is also clustered between the 4 - 5 zone, which is the level that launched the parabolic rally till the 12.00 handle. If this is indeed a reversal floor as bulls defend the 5.00 handle, the bounce targets 6.45 (23.6%) or 7.50 (38.2%). 50% target is at a distant 9.20.
If price slips below the 4.00 handle, the above scenario will be negated as losses extend towards new all time lows! Thanks Hisah..We are on the same page If 4 is breached,then 25% fibo is at 2.8
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
At close of trading (BRITAM) Demand side 3,900 KSH 14 200 KSH 13.90 9000 KSH 13.10 600,0000 KSH 13.05 The 600,000 demand appeared when the plunge was imminent..We call this price manipulation aka PPT There will be heat next week Even safcom is feeling it
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Wazua
»
Investor
»
Stocks
»
Briatm, Britam, Britam sounds like sweet candy!
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.
|