murchr wrote:hisah wrote:December jumbo turnover madness...!!
Scom, kcb, eabl, centum, eqty, scan, pan africa, kenya re etc...
The next market move will be spectacular whether upside or downside. Get ready for serious madness if those two words can be in the same statement!!?
Amazing you've not taken a break this year.
And also IMPORTANTLY Bamburi on 24th December 2014, seeing the highest volume spike in more than 5 years and closing below a critical 3 year support level(145),the 5 year support level is at 130-135
For the whole year,the monthly RSI at less than 50,and MACD (12,26) negative.
GREED MUST SET IN AT SOME POINT
Scan group trades 17.30M million shares in three consecutive days.
BTW the wazua performance calculator gives a very good stock performance view in terms of % price decline and traded volume ( interest should be on the period between 25-30th Nov and dec 24th)
A good number of stocks are trading at oversold levels
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”