Ahsante

So we sell? But demand was still massive before trading close...

Too early to pull the trigger...7.2 kesho.

Everybody has his/her own trading strategy..Mine is to sell at key resistance levels and re enter at key support levels(I use trendlines which follow fibo,candlesticks and oscillators)

@Maka i want you to consider two volumes that are above average on the chart..The volume on August 2nd at ksh 4.95 and the volume today at 6.70.

Yes the price will most likely hit Ksh 10 and even 12 before end of next year.But for short/medium term traders we enter at pullbacks and sell at resistances

Insurers see profit after peaceful poll

http://www.businessdaily...7738-4saik1z/index.html

Insurers that covered risks arising from political violence are expected to make underwriting profits from those policies in the wake of the largely peaceful General Election.
There has been minimal damage to property and business disruption following last week’s elections compared to the violence seen in the aftermath of the 2007 polls.
Companies spread across the country took policies ahead of the elections to hedge their losses, with insurers saying they expect to keep some of the premiums from the one-year covers as profit.

Filling the Gaps..

This one will make a really good play..It has a strong bullish trend

That demand must be wiped out as the rally left several gaps at each handle to be filled .Expect another downward leg .