wazua Tue, Apr 7, 2026
Welcome Guest Search | Active Topics | Log In

11 Pages«<678910>»
Stock traders Corner.
Options
Previous Topic · Next Topic
hisah
#71 Posted : Friday, March 02, 2012 3:23:14 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
guru267 wrote:
hisah wrote:
Equity - likely to test 16/- If this support breaks the acceleration down will be swift all the way to 12/-

KCB - very ugly chart. More downside coming aiming 11 - 12/-


I think you are over estimating the bears on these stocks.. But I do agree we need volumes otherwise prices can drop irrationally..

at 14 & below the support from fundamentalists will be overwhelming on both counters so I do not support your vision of 12bob.. To say that is to assume there are no fundamentals present on the NSE...



1-0 to @guru smile - Lakini hizo volumes are very thin to offer solid support.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#72 Posted : Friday, March 02, 2012 3:32:50 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
This cartoon (chart), I like coz of volume spread below 12/-
Grabbed some today for a traders play. Target 15/-


Also scoping this chart after sellside target has been hit @7.50. A double bottom (support) most likely to form around 6.50.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
mwekez@ji
#73 Posted : Friday, March 02, 2012 10:05:50 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@hisah, what will drive coop to 15? It underperformed in Q3 and is likely to underperform at Full year. EPS could be at 1.7 and DPS at 0.8 (On the higher side). And then they start talking of rights issue
Back to top
  |
hisah
#74 Posted : Saturday, March 03, 2012 8:04:07 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mwekez@ji wrote:
@hisah, what will drive coop to 15? It underperformed in Q3 and is likely to underperform at Full year. EPS could be at 1.7 and DPS at 0.8 (On the higher side). And then they start talking of rights issue

I'm looking at the volume spread and 11.70 is being defended.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
mwekez@ji
#75 Posted : Sunday, March 04, 2012 8:45:58 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
mwekez@ji wrote:
@hisah, what will drive coop to 15? It underperformed in Q3 and is likely to underperform at Full year. EPS could be at 1.7 and DPS at 0.8 (On the higher side). And then they start talking of rights issue

I'm looking at the volume spread and 11.70 is being defended.


True, but 15 is a long shot. What informs that target?
Back to top
  |
guru267
#76 Posted : Sunday, March 04, 2012 9:49:51 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwekez@ji wrote:
@hisah,
True, but 15 is a long shot. What informs that target?


Dont you know... its the CHARTS speaking here smile
Mark 12:29
Deuteronomy 4:16
Back to top
  |
hisah
#77 Posted : Monday, March 05, 2012 7:45:59 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mwekez@ji wrote:
hisah wrote:
mwekez@ji wrote:
@hisah, what will drive coop to 15? It underperformed in Q3 and is likely to underperform at Full year. EPS could be at 1.7 and DPS at 0.8 (On the higher side). And then they start talking of rights issue

I'm looking at the volume spread and 11.70 is being defended.


True, but 15 is a long shot. What informs that target?

Using fibonacci forecast on assumption that 11.70 is a floor for now. Yep, doesn't make sense fundamentally! But someone or something is interested at those lows per volume spike. SCB rights come to mind when it rallied to 300. This is a risky trade going against the tea leaves. But those volume spikes say a lot.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
mwekez@ji
#78 Posted : Tuesday, March 06, 2012 2:02:34 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
mwekez@ji wrote:
hisah wrote:
mwekez@ji wrote:
@hisah, what will drive coop to 15? It underperformed in Q3 and is likely to underperform at Full year. EPS could be at 1.7 and DPS at 0.8 (On the higher side). And then they start talking of rights issue

I'm looking at the volume spread and 11.70 is being defended.


True, but 15 is a long shot. What informs that target?

Using fibonacci forecast on assumption that 11.70 is a floor for now. Yep, doesn't make sense fundamentally! But someone or something is interested at those lows per volume spike. SCB rights come to mind when it rallied to 300. This is a risky trade going against the tea leaves. But those volume spikes say a lot.


K. Al z best
Back to top
  |
mwekez@ji
#79 Posted : Tuesday, March 06, 2012 2:05:17 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Interesting show by Coop as at 2pm

Foreign sales 14.6M
Foreign buys 2M
Total turnover – 47M
VWAP: 13.00

Good picking by locals as foreigners leave. Similar scenario @ Equity Bank counter.
Back to top
  |
hisah
#80 Posted : Tuesday, March 06, 2012 6:52:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@mwekez@ji - the foreign sellside behaviour is very interesting on NSE for a while now since H2 2011. Keep an eye on euroland, the party is getting interesting... The Greek 1yr bond yield closed at 1006% making the KE Tbills/bonds yields look like peanuts!?

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
11 Pages«<678910>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.