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Elliott Wave Analysis Of The NSE 20
mnandii
#3441 Posted : Tuesday, May 05, 2020 1:06:04 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3442 Posted : Thursday, May 07, 2020 12:35:37 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


The NSE 20 Share Index is rising in a minute fourth wave that may go slightly upwards of 2100. Be ware though. Once complete the next move will be DOWN to levels below 1800.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3443 Posted : Thursday, May 07, 2020 12:46:33 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


SAFARICOM.

Resistance remains at 33.50. I still stand by my forecast of a large DROP in the share price. Next Target remains below Kes 14.00. IF Safcom magically pops above 33.50 then I'll reconsider. But I insist that your last chance to Sell the share at a profit is NOW!
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
heri
#3444 Posted : Thursday, May 07, 2020 12:54:58 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
mnandii wrote:


SAFARICOM.

Resistance remains at 33.50. I still stand by my forecast of a large DROP in the share price. Next Target remains below Kes 14.00. IF Safcom magically pops above 33.50 then I'll reconsider. But I insist that your last chance to Sell the share at a profit is NOW!



I simply cannot wrap my head around this? For a company that is 'maybe' among the few that seem to be even benefiting from COVID 19? To lose 50% of the value. then all the rest should drop to Zero
mnandii
#3445 Posted : Thursday, May 07, 2020 6:37:23 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
heri wrote:
mnandii wrote:


SAFARICOM.

Resistance remains at 33.50. I still stand by my forecast of a large DROP in the share price. Next Target remains below Kes 14.00. IF Safcom magically pops above 33.50 then I'll reconsider. But I insist that your last chance to Sell the share at a profit is NOW!



I simply cannot wrap my head around this? For a company that is 'maybe' among the few that seem to be even benefiting from COVID 19? To lose 50% of the value. then all the rest should drop to Zero


Mass psychology determines the direction of the share price.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Angelica _ann
#3446 Posted : Thursday, May 07, 2020 7:46:04 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
mnandii wrote:
heri wrote:
mnandii wrote:


SAFARICOM.

Resistance remains at 33.50. I still stand by my forecast of a large DROP in the share price. Next Target remains below Kes 14.00. IF Safcom magically pops above 33.50 then I'll reconsider. But I insist that your last chance to Sell the share at a profit is NOW!



I simply cannot wrap my head around this? For a company that is 'maybe' among the few that seem to be even benefiting from COVID 19? To lose 50% of the value. then all the rest should drop to Zero


Mass psychology determines the direction of the share price.


Before the drop to 14 bob is actualized, let us make money on the current swings. smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
VituVingiSana
#3447 Posted : Thursday, May 07, 2020 9:00:02 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Angelica _ann wrote:
mnandii wrote:
heri wrote:
mnandii wrote:


SAFARICOM.

Resistance remains at 33.50. I still stand by my forecast of a large DROP in the share price. Next Target remains below Kes 14.00. IF Safcom magically pops above 33.50 then I'll reconsider. But I insist that your last chance to Sell the share at a profit is NOW!



I simply cannot wrap my head around this? For a company that is 'maybe' among the few that seem to be even benefiting from COVID 19? To lose 50% of the value. then all the rest should drop to Zero


Mass psychology determines the direction of the share price.


Before the drop to 14 bob is actualized, let us make money on the current swings. smile

Laughing out loudly Laughing out loudly Laughing out loudly I support @mnandii in this. Let it fall Applause to 14/-. Tutanunua.
What I do not know is whether he has a timeframe. No firm is forever. I hope the 14/- isn't on an open timeline eg 2040 but within the 2020 timeframe.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mnandii
#3448 Posted : Sunday, May 10, 2020 10:32:00 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
VituVingiSana wrote:
Angelica _ann wrote:
mnandii wrote:
heri wrote:
mnandii wrote:


SAFARICOM.

Resistance remains at 33.50. I still stand by my forecast of a large DROP in the share price. Next Target remains below Kes 14.00. IF Safcom magically pops above 33.50 then I'll reconsider. But I insist that your last chance to Sell the share at a profit is NOW!



I simply cannot wrap my head around this? For a company that is 'maybe' among the few that seem to be even benefiting from COVID 19? To lose 50% of the value. then all the rest should drop to Zero


Mass psychology determines the direction of the share price.


Before the drop to 14 bob is actualized, let us make money on the current swings. smile

Laughing out loudly Laughing out loudly Laughing out loudly I support @mnandii in this. Let it fall Applause to 14/-. Tutanunua.
What I do not know is whether he has a timeframe. No firm is forever. I hope the 14/- isn't on an open timeline eg 2040 but within the 2020 timeframe.

In Elliott theory it is a little difficult to forecast time intervals. having said that though my expectation is that 14.00 bob should be realised quite soon, even before October.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3449 Posted : Sunday, May 10, 2020 10:34:26 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Angelica _ann wrote:
mnandii wrote:
heri wrote:
mnandii wrote:


SAFARICOM.

Resistance remains at 33.50. I still stand by my forecast of a large DROP in the share price. Next Target remains below Kes 14.00. IF Safcom magically pops above 33.50 then I'll reconsider. But I insist that your last chance to Sell the share at a profit is NOW!



I simply cannot wrap my head around this? For a company that is 'maybe' among the few that seem to be even benefiting from COVID 19? To lose 50% of the value. then all the rest should drop to Zero


Mass psychology determines the direction of the share price.


Before the drop to 14 bob is actualized, let us make money on the current swings. smile


Riding the swings would have been nice if short selling could have been activated by now.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3450 Posted : Sunday, May 10, 2020 11:12:25 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Quote:
Waves of social mood affect every aspect of your life. They regulate the tone of politics, popular entertainment, the economy and the stock market. You can use these influences to your advantage. Society can't do it, but an individual can. You will learn to read the news in a completely different way. You may even start predicting the news. This book will open a whole new world to you. It is exciting, intellectually fulfilling, fun and practical. Many readers say it changed their lives. Find out why.


link
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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