I want to do an experiment using tech software, so I think it's about time I had a 'tech alley' or 'tech corner' going-where "we make tech work for you"...sound familiar?

I want to know if there are Kenyans interested in technical analysis and the graphs we'll look at will mostly show three indicators: RSI, %K stochastics and Bollinger Bands.

If you need to read up on your tech terms click the link below:

http://en.wikipedia.org/wiki/Technical_analysis

Let's try and see what trends we can see over the next few months. Today is only an introduction, so we can do a post every monday morning, once a week. Any suggestions as to which stocks to follow are welcome but realistically we're are looking at no more than ten.

Click the link below for the latest trends:

http://www.scribd.com/do...ators-20th-January-2010

Interesting trends on KQ, Mumias, Co-Operative where volumes are rising with prices. Tech analysis can help some of us trade better in volatile markets and any experts on tech out there are most welcome.

kizee. niaje? it's bina a while since we last talked. I'm pretty new to this tech stuff so I'm not to good on trend lines. And what is the dma?

btw did you hear about the Obama plan? Separate sponsorship of hedge funds by banks and stop future merger plans of banks that are too huge to fail.

Thanks for definition. I'll try add in those trend lines.

nasim taleb is the guy for the Swan and Fooled by randomness. I read the swan but the other one I didn't have the stomach for (i was so confused). So what was he saying (nasim), he suggested something like that.

Those hedge funds were the only reason the banks were making money.

Did he mention about the 'too big to fail' banking model. That's another thing Obama is trying to target...regulating bank mergers so that no one is too big to fail.

kizee. I really need to start following nasim.

In this week's tech corner we look at 10 stocks. As a tech novice I'd appreciate any thoughts. Is it possible to make the following statements:

Safaricom likely to be supported at Ksh5.40 (check on volume)
KQ is unlikely to go down due to weak selling
Mumias looks set to continue down to Ksh8.35-8.55 range
Ksh24.00 may be tough for KCB to cross
Kenya Re needs to break Ksh14.00-14.10 range for new upward trend & has high selling pressure currently
Unexpected bull run from Jubilee Holdings. Will it continue

Check out the graphs below (you may want to print them out):

http://www.scribd.com/do...alysis-25th-January-2010