wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

569 Pages«<525526527528529>»
How to tell NSE has bottomed out
Options
Previous Topic · Next Topic
Metasploit
#5261 Posted : Thursday, October 09, 2014 7:02:34 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
equity retracts 22% from its high of 63 with supply set to push the price to 45(Erasing the entire price rally of sep) 45 should not give in!

RSI Currently at less than 50 and this is a new RSI low since April..

It will really take long to beat this HIGH.

Centum has retracted 32% from its high of 84.Check the daily price spread and volume on 26th Oct,Currently at an RSI of close to 40 and this is a new RSI low since April



BRITAM





“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
  |
Metasploit
#5262 Posted : Thursday, October 09, 2014 7:05:09 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Bargains coming

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
  |
Metasploit
#5263 Posted : Thursday, October 09, 2014 7:06:41 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
I note World indices also undergoing a slight sneezing!

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
  |
Mukiri
#5264 Posted : Friday, October 10, 2014 4:03:49 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
hisah wrote:
littledove wrote:
as the rally goes on their is an isolated slaughter,bamburi prints 135!

The best tape or scope to keep tabs of is the FTSE KE NSE15 index. Heavyweights are top heavy after a 2yr rally. Now the mid and small caps are rallying like crazy... the cycle is completing.

But don't get me wrong, on the long term channel KE is still bullish. NSE20 needs to break below 3100 to kill the bulls.

Mid term i.e. 12 - 18 months bullish strength is struggling with toppish heavyweights. A 10 - 15% correction is more likely than a rally of the same measure.

Revising your prophesy?

Proverbs 19:21
Back to top
  |
murchr
#5265 Posted : Friday, October 10, 2014 5:07:25 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Metasploit wrote:
equity retracts 22% from its high of 63 with supply set to push the price to 45(Erasing the entire price rally of sep) 45 should not give in!

RSI Currently at less than 50 and this is a new RSI low since April..

It will really take long to beat this HIGH.

Centum has retracted 32% from its high of 84.Check the daily price spread and volume on 26th Oct,Currently at an RSI of close to 40 and this is a new RSI low since April



BRITAM






Perfect pump dump scenario. Would like to see Equity's chart too
"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
.
Back to top
  | | Edit by user: Friday, October 10, 2014 5:08 AM | Reason: Not specified
hisah
#5266 Posted : Friday, October 10, 2014 6:37:12 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
murchr wrote:
Metasploit wrote:
equity retracts 22% from its high of 63 with supply set to push the price to 45(Erasing the entire price rally of sep) 45 should not give in!

RSI Currently at less than 50 and this is a new RSI low since April..

It will really take long to beat this HIGH.

Centum has retracted 32% from its high of 84.Check the daily price spread and volume on 26th Oct,Currently at an RSI of close to 40 and this is a new RSI low since April



BRITAM






Perfect pump dump scenario. Would like to see Equity's chart too

@murchr nothing has changed since Tues Sept 23rd when the selling triggered.

The charts I posted here still remain valid. Golden handcuff reality tales in future discussions.

http://www.wazua.co.ke/f...amp;m=601489#post601489
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Friday, October 10, 2014 6:40 AM | Reason: Not specified
Metasploit
#5267 Posted : Friday, October 10, 2014 12:16:10 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
hisah wrote:
murchr wrote:
Metasploit wrote:
equity retracts 22% from its high of 63 with supply set to push the price to 45(Erasing the entire price rally of sep) 45 should not give in!

RSI Currently at less than 50 and this is a new RSI low since April..

It will really take long to beat this HIGH.

Centum has retracted 32% from its high of 84.Check the daily price spread and volume on 26th Oct,Currently at an RSI of close to 40 and this is a new RSI low since April



BRITAM






Perfect pump dump scenario. Would like to see Equity's chart too

@murchr nothing has changed since Tues Sept 23rd when the selling triggered.

The charts I posted here still remain valid. Golden handcuff reality tales in future discussions.

http://www.wazua.co.ke/f...amp;m=601489#post601489




BRITAM had to be defended at 27..And this is a strong defence

CENTUM is showing sellers exhaustion signs.

If price wont close at 27 on Britam today,then i will try to scoop at 27.50-28 during the morning hours

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
  | | Edit by user: Friday, October 10, 2014 12:18 PM | Reason: Not specified
snipermnoma
#5268 Posted : Wednesday, October 22, 2014 6:21:00 PM
Rank: Member

Joined: 1/3/2014
Posts: 257
Metasploit wrote:
hisah wrote:
murchr wrote:
Metasploit wrote:
equity retracts 22% from its high of 63 with supply set to push the price to 45(Erasing the entire price rally of sep) 45 should not give in!

RSI Currently at less than 50 and this is a new RSI low since April..

It will really take long to beat this HIGH.

Centum has retracted 32% from its high of 84.Check the daily price spread and volume on 26th Oct,Currently at an RSI of close to 40 and this is a new RSI low since April



BRITAM






Perfect pump dump scenario. Would like to see Equity's chart too

@murchr nothing has changed since Tues Sept 23rd when the selling triggered.

The charts I posted here still remain valid. Golden handcuff reality tales in future discussions.

http://www.wazua.co.ke/f...amp;m=601489#post601489




BRITAM had to be defended at 27..And this is a strong defence

CENTUM is showing sellers exhaustion signs.

If price wont close at 27 on Britam today,then i will try to scoop at 27.50-28 during the morning hours


Seeing this now and looks like golden handcuff reality tales are coming...
Back to top
  |
Akenyan2014
#5269 Posted : Friday, October 24, 2014 3:07:04 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
And the spirit of the Bear has been hovering around the market today
Back to top
  |
hisah
#5270 Posted : Monday, October 27, 2014 11:54:01 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@Boris - keep an eye on mpesa bank as discussed (ref Jul 6th). When it breaks below 11 - 11.50 support level, the market will catch a cold.

Britam, NSE, member and Centum bulls my prayers are still with you since Sept 23rd.

Three simple rules to ride the equities market: -

1. In a bullish market, buy the stock that is stronger than the market.
2. In a bearish market, buy the stock that is stronger than the market. -> Some counters rally in bear markets. Learn to spot them
3. Whether in a bullish or bear market, buy value. This way you benefit from the wake up (delayed) rally or the sizable selling discount.

When many stocks outperform the market, a correction always emerges to reset valuations back to reality.

If you know how to buy value, discount periods (corrections/selloffs) are the best hunting grounds and you always look forward to them smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Monday, October 27, 2014 12:12 PM | Reason: Not specified
569 Pages«<525526527528529>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.