mypesa wrote:Most counters are in RED . Is it time to re-enter the race esp for below stocks
Carbacid @50
Equitybank @35
Safaricom @ 10
Britam @14.80
CIC @5.50
KQ @ 13.70
Do we still expect more lows on above stocks in january or its best to jump in at these prices
EABL Bottomed.
Evidenced by bulls defending the price at 290.
Volume spike another signal.
52 week low levels at 270-280.Todays low at 275-290.RSI also at almost 52 week low.
If it deeps below this level,then mambo mbaya!
Safaricom will most likely be defended at 10.00,KCB at 44.But you never know with the market.The main index RSI at 39 but will still go down most likely to 25 or below
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”