Price is showing a very steep plummet as it tries to fill the imbalance region.
Equity is showing the same direction bias as KCB. tHe only difference is it is bouncing along the trendline, waiting for the break of trend to initiate the sell off. Most times this could be couple with a series of fundamentals which fuels the sell off. My guess is during the next earnings report, it will miss the earnings. This comes after a recent interview by...
KCB has had a very impressive run over the years. But fundamentals state that demand must meet supply at equilibrium. After its long rally, price is finally starting to ‘balance out’ in the chart as we saw price break out of the triangular wedge and did a huge sell off to the downside as it tries to reach equilibrium (green zone). As price comes down, it will also...
Hello, I&M Group Plc engages in providing financial and real-estate services. The firm provides banking, financial and related services through its banking subsidiaries in Kenya, Tanzania, Rwanda and Mauritius. Its products and services include commercial banking, bancassurance, financial advisory services, real estate investment, and custody and investment...
Hello, Owning shares in the Kenyan stock market can be an exciting and potentially lucrative investment opportunity. The following steps outline the process of owning shares in the Kenyan stock market: Open a CDS Account: The first step is to open a Central Depository System (CDS) account. If you are in Kenya, most banks offer CDS account services. If you are...
The Kenyan based company has fallen from grace in just 22 Months, wiping out almost 80% of its 10 year bull run. The market is approaching previous support, where it reversed before. The giant Telco enjoys monopoly in the country, with a huge customer base, mainly attributed to its money transfer service, MPESA. Recently, the company launched operations in...
Hello, Candlesticks have been there longer than most of us can imagine. They are a unique way of looking at things because they normally have four price points. Candlestick patterns are formed by the combination of one or more candlesticks, which are graphical representations of the price action of a financial asset during a particular time period. Doji, hammer,...
Nairobi security exchange KENYA POWER AND LIGHTING COMPANY NEWS Kenya Power to Convert Its 2,000 Vehicles to Electric Over 4 Years Stock looks in demande stop loss 1.18 How much is HKEX:1 US in Kenya? 133.935384 KES A high-risk investment is therefore one where the chances of underperformance, or of some or all of the investment being lost, are...
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Safaricom share price is at a significant level? Currently Safcom share see real time value www.safaricom.co.ke Is this valuation ideal and thus a good average for Safaricom or Do you think the current valuation for safaricom is premium price (overpriced). The third option, current safaricom price is at discount levels (Under valued?).. Bear this in...
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I see an imbalance at around ksh 19 and if its hit and takes out the trendline then it's a good buy and hold opportunity.