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Rank: Member Joined: 2/28/2014 Posts: 188 Location: Nairobi
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karasinga wrote:nashx wrote:Update chart on KPLC If you check here, 7.7 printed... was within the expected zone but having had a simple wave 2, I wont be surprised to see around 7.6 print. If and I repeat if this happens, then expect the following to be potential sell targets target 1 = 8.55 target 2 = 9.15 target 3 = 10.1(most ambitious) best wishes Thank you @karasinga for the tireless work you do here. It seems I will have to hold on to this counter further till the day it goes back to the 13s Offering my personal finance knowledge for free
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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July has been a sideways market. Waiting to see how the market will respond on August 9th. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/13/2015 Posts: 1,590
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hisah wrote:July has been a sideways market. Waiting to see how the market will respond on August 9th. Sideways markets do the most damage. What is your trading strategy? Are going long or short or neutral?
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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hisah wrote:July has been a sideways market. Waiting to see how the market will respond on August 9th. In my small opinion,i feel this bull was a worked one by MMS.On 9th august prices will fall.Whether election will be peaceful or not,the prices will come down. Towards the goal of financial freedom
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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Ebenyo wrote:hisah wrote:July has been a sideways market. Waiting to see how the market will respond on August 9th. In my small opinion,i feel this bull was a worked one by MMS.On 9th august prices will fall.Whether election will be peaceful or not,the prices will come down. Not sure...perhaps its one of those situations that require a 'double chance' bet.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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hisah wrote:July has been a sideways market. Waiting to see how the market will respond on August 9th. We might not have to wait that long. The sideways show could be the market's indecision before H1 results start trickling in. I still think the election will be a red herring and not much will come of it with regards to the market's direction. The recovery is very uncharacteristic to say the least...let's see if the bulls have enough in their tank to keep the party going. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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Angelica _ann wrote:karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes @karasinga alipotelea wapi... Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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mamilli wrote:Angelica _ann wrote:karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes @karasinga alipotelea wapi... @sparkly et all when is the low of this coming we start buying again? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Angelica _ann wrote:mamilli wrote:Angelica _ann wrote:karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes @karasinga alipotelea wapi... @sparkly et all when is the low of this coming we start buying again? @karasinga is well HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Which is likely to be the next mbus? Kengen ama ARM? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Angelica _ann wrote:Which is likely to be the next mbus? Kengen ama ARM? I prefer kengen
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Angelica _ann wrote:Which is likely to be the next mbus? Kengen ama ARM? After the cash injection,Arm will perform better next year. Towards the goal of financial freedom
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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nashx wrote:karasinga wrote:nashx wrote:Update chart on KPLC If you check here, 7.7 printed... was within the expected zone but having had a simple wave 2, I wont be surprised to see around 7.6 print. If and I repeat if this happens, then expect the following to be potential sell targets target 1 = 8.55 target 2 = 9.15 target 3 = 10.1(most ambitious) best wishes Thank you @karasinga for the tireless work you do here. It seems I will have to hold on to this counter further till the day it goes back to the 13s Target 1 achieved Thank you.. Onto target 2
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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obiero wrote:Angelica _ann wrote:mamilli wrote:Angelica _ann wrote:karasinga wrote:sparkly wrote:karasinga wrote:@sparkly, are you waiting still waiting for 7.5? Waiting to see the close for the day. Whether the bulls will regain control of lose out to the bears. KEGN as at 1440hr 29th June Find on the chart why I avoided this counter. Still waiting to see what comes out of it. Not yet clear one of the most fundamental truth about financial markets is "anything can happen". If were you I would trade or is it tread carefully. might be the last leg north. best wishes @karasinga alipotelea wapi... @sparkly et all when is the low of this coming we start buying again? @karasinga is well Heavy trade at 8.10 today, we are now heading to 9.80 be prepared
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Mukiri wrote:nashx wrote:karasinga wrote:nashx wrote:Update chart on KPLC If you check here, 7.7 printed... was within the expected zone but having had a simple wave 2, I wont be surprised to see around 7.6 print. If and I repeat if this happens, then expect the following to be potential sell targets target 1 = 8.55 target 2 = 9.15 target 3 = 10.1(most ambitious) best wishes Thank you @karasinga for the tireless work you do here. It seems I will have to hold on to this counter further till the day it goes back to the 13s Target 1 achieved Thank you.. Onto target 2 Target 2 acheived with target 3 not being far-off I bet if reviewed, 13 is attainable
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Mukiri wrote:Mukiri wrote:nashx wrote:karasinga wrote:nashx wrote:Update chart on KPLC If you check here, 7.7 printed... was within the expected zone but having had a simple wave 2, I wont be surprised to see around 7.6 print. If and I repeat if this happens, then expect the following to be potential sell targets target 1 = 8.55 target 2 = 9.15 target 3 = 10.1(most ambitious) best wishes Thank you @karasinga for the tireless work you do here. It seems I will have to hold on to this counter further till the day it goes back to the 13s Target 1 achieved Thank you.. Onto target 2 Target 2 acheived with target 3 not being far-off I bet if reviewed, 13 is attainable And the 'most ambitious' has been attained Pre-bear 15 I have been really waiting for you
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Rank: Member Joined: 2/28/2014 Posts: 188 Location: Nairobi
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ABP 10.17....averaged down to now negligible losses...fully in for the bull Offering my personal finance knowledge for free
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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NSE20 has flown past 3850 and smashed past 4000 handle to close at 4076. That's a 46.14% bounce from 2789 low! Are bulls getting ahead of themselves before year end Testing 4000 handle is encouraging as it means the bears are heading out of town, but the current rush in prices doesn't offer a nice hunting ground for now. Sidelined. A reload window will present itself later. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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hisah wrote:NSE20 has flown past 3850 and smashed past 4000 handle to close at 4076. That's a 46.14% bounce from 2789 low! Are bulls getting ahead of themselves before year end Testing 4000 handle is encouraging as it means the bears are heading out of town, but the current rush in prices doesn't offer a nice hunting ground for now. Sidelined. A reload window will present itself later. Bulls have definitely overplayed their hand on this one. The resulting sell off should be equally brutal and unrelenting...that should catch most of the rally chasers unaware. The current recovery's pace is steeper than both the GFC and the 2011 bear(or any other previous bear) which leaves alot of questions unanswered seeing as the bull is not well founded. At this rate, a push towards 4200-4400 will come sooner rather than later but I smell a bull trap on this one. When everyone is buying into the peaceful elections narrative, the time to sell is imminent. The main purpose of the stock market is to make fools of as many people as possible.
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