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Safaricom 1H16 Results net profit up 23%
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Ebenyo wrote:Metasploit wrote:hisah wrote:mlennyma wrote:hisah wrote:mlennyma wrote:All eyes on the all time high to break it in a bear market....is it 17.90 or it ever tested 18??? 17.90 is the mark. I expect it to be blown away! Near term target 18.50 - 18.85 from the chart pattern with an overshoot at 19.75 - 20 level. The spring has been building up bullish force from end of Jan to mid March and also being assisted by flight to quality with all the banking drama. aborted coup This will not be an immediate drive, but the breakout build up is taking shape. The expectation is to respect the current resistance at 18 handle then build up pressure for the break. . But the PE is still high bana @t 19. Flight to quality. You need to understand that phrase. If you can't pack funds in kcb or equity, mpesa bank is the only game left in town for large funds. Elections will benefit mpesa bank as a lot of volume will pass via mpesa service, sms, data and voice. Since the crowd expects the price to tank (fearful), the market will move in the opposite direction! Until the day the crowd gets into euphoria in this counter, expect gradual higher highs as the price grinds higher! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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hisah wrote:Ebenyo wrote:Metasploit wrote:hisah wrote:mlennyma wrote:hisah wrote:mlennyma wrote:All eyes on the all time high to break it in a bear market....is it 17.90 or it ever tested 18??? 17.90 is the mark. I expect it to be blown away! Near term target 18.50 - 18.85 from the chart pattern with an overshoot at 19.75 - 20 level. The spring has been building up bullish force from end of Jan to mid March and also being assisted by flight to quality with all the banking drama. aborted coup This will not be an immediate drive, but the breakout build up is taking shape. The expectation is to respect the current resistance at 18 handle then build up pressure for the break. . But the PE is still high bana @t 19. Flight to quality. You need to understand that phrase. If you can't pack funds in kcb or equity, mpesa bank is the only game left in town for large funds. Elections will benefit mpesa bank as a lot of volume will pass via mpesa service, sms, data and voice. Since the crowd expects the price to tank (fearful), the market will move in the opposite direction! Until the day the crowd gets into euphoria in this counter, expect gradual higher highs as the price grinds higher! thanks for these elaboration! Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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Let's wait to see whether the entry of hellios taking over Telkom kenya from July 1 will give safaricom a run for their money and grab some market share from them. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:Ebenyo wrote:Metasploit wrote:hisah wrote:mlennyma wrote:hisah wrote:mlennyma wrote:All eyes on the all time high to break it in a bear market....is it 17.90 or it ever tested 18??? 17.90 is the mark. I expect it to be blown away! Near term target 18.50 - 18.85 from the chart pattern with an overshoot at 19.75 - 20 level. The spring has been building up bullish force from end of Jan to mid March and also being assisted by flight to quality with all the banking drama. aborted coup This will not be an immediate drive, but the breakout build up is taking shape. The expectation is to respect the current resistance at 18 handle then build up pressure for the break. . But the PE is still high bana @t 19. Flight to quality. You need to understand that phrase. If you can't pack funds in kcb or equity, mpesa bank is the only game left in town for large funds. Elections will benefit mpesa bank as a lot of volume will pass via mpesa service, sms, data and voice. Since the crowd expects the price to tank (fearful), the market will move in the opposite direction! Until the day the crowd gets into euphoria in this counter, expect gradual higher highs as the price grinds higher! Very soon this stock shall be forced to obey technical analyst as is stipulated by Elliot principle. Sub 15/- is the limit. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Spikes wrote:hisah wrote:Ebenyo wrote:Metasploit wrote:hisah wrote:mlennyma wrote:hisah wrote:mlennyma wrote:All eyes on the all time high to break it in a bear market....is it 17.90 or it ever tested 18??? 17.90 is the mark. I expect it to be blown away! Near term target 18.50 - 18.85 from the chart pattern with an overshoot at 19.75 - 20 level. The spring has been building up bullish force from end of Jan to mid March and also being assisted by flight to quality with all the banking drama. aborted coup This will not be an immediate drive, but the breakout build up is taking shape. The expectation is to respect the current resistance at 18 handle then build up pressure for the break. . But the PE is still high bana @t 19. Flight to quality. You need to understand that phrase. If you can't pack funds in kcb or equity, mpesa bank is the only game left in town for large funds. Elections will benefit mpesa bank as a lot of volume will pass via mpesa service, sms, data and voice. Since the crowd expects the price to tank (fearful), the market will move in the opposite direction! Until the day the crowd gets into euphoria in this counter, expect gradual higher highs as the price grinds higher! Very soon this stock shall be forced to obey technical analyst as is stipulated by Elliot principle. Sub 15/- is the limit. Spikes how is the positive group team therapy you went to helping you 
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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I like these live charts TheGeek March 2015 wrote:hisah wrote:Wondering when that 16/- sale order will clear to get this thing moving to higher highs as 16/- turn into support. Focus still remains 18/- as per fibo projections. 15.5 is being doggedly defended 
posted March 17 2015"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Spikes wrote:hisah wrote:Ebenyo wrote:Metasploit wrote:hisah wrote:mlennyma wrote:hisah wrote:mlennyma wrote:All eyes on the all time high to break it in a bear market....is it 17.90 or it ever tested 18??? 17.90 is the mark. I expect it to be blown away! Near term target 18.50 - 18.85 from the chart pattern with an overshoot at 19.75 - 20 level. The spring has been building up bullish force from end of Jan to mid March and also being assisted by flight to quality with all the banking drama. aborted coup This will not be an immediate drive, but the breakout build up is taking shape. The expectation is to respect the current resistance at 18 handle then build up pressure for the break. . But the PE is still high bana @t 19. Flight to quality. You need to understand that phrase. If you can't pack funds in kcb or equity, mpesa bank is the only game left in town for large funds. Elections will benefit mpesa bank as a lot of volume will pass via mpesa service, sms, data and voice. Since the crowd expects the price to tank (fearful), the market will move in the opposite direction! Until the day the crowd gets into euphoria in this counter, expect gradual higher highs as the price grinds higher! Very soon this stock shall be forced to obey technical analyst as is stipulated by Elliot principle. Sub 15/- is the limit. Where is the crowd to panic sell in here? Another example is that I-reit IPO listing, which will not tank or has refused to tank. Why? No crowd. The crowd mentality is what causes panic buying or selling. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: New-farer Joined: 12/1/2014 Posts: 45 Location: Nairobi
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hisah wrote:Spikes wrote:hisah wrote:Ebenyo wrote:Metasploit wrote:hisah wrote:mlennyma wrote:hisah wrote:mlennyma wrote:All eyes on the all time high to break it in a bear market....is it 17.90 or it ever tested 18??? 17.90 is the mark. I expect it to be blown away! Near term target 18.50 - 18.85 from the chart pattern with an overshoot at 19.75 - 20 level. The spring has been building up bullish force from end of Jan to mid March and also being assisted by flight to quality with all the banking drama. aborted coup This will not be an immediate drive, but the breakout build up is taking shape. The expectation is to respect the current resistance at 18 handle then build up pressure for the break. . But the PE is still high bana @t 19. Flight to quality. You need to understand that phrase. If you can't pack funds in kcb or equity, mpesa bank is the only game left in town for large funds. Elections will benefit mpesa bank as a lot of volume will pass via mpesa service, sms, data and voice. Since the crowd expects the price to tank (fearful), the market will move in the opposite direction! Until the day the crowd gets into euphoria in this counter, expect gradual higher highs as the price grinds higher! Very soon this stock shall be forced to obey technical analyst as is stipulated by Elliot principle. Sub 15/- is the limit. Where is the crowd to panic sell in here? Another example is that I-reit IPO listing, which will not tank or has refused to tank. Why? No crowd. The crowd mentality is what causes panic buying or selling. Looks like its on a trailblazer. Strong upthrust. What is the next landing level? @Chartists
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Looking to retest 17.90, Safcom's all time high on rumours of a banking licence granted to them/acquisition of a bank   @SufficientlyP
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Sufficiently Philanga....thropic wrote:Looking to retest 17.90, Safcom's all time high on rumours of a banking licence granted to them @Hisah i have an overshoot of 23.5 FT.com real time chart shows bullish candlesticks on expanding Bollinger bands. There is absolutely no supply.I expect 18.50 to be tested today As hisah says,the supply side shows there is absolutely no crowd in this Gem
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Safaricom 1H16 Results net profit up 23%
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