the market may have gotten ahead of itself after the CMA gave CARB clearance to acquire BOC. we still remain bullish and maintain our price target.
we could get a second bite at the cherry as price nears the "golden zone" (50%-61.8%) of the fibonacci retracement.
we could get a second bite at the cherry as price nears the "golden zone" (50%-61.8%) of the fibonacci retracement.
Trade active
a much deeper retracement than expected. still holding.Note
halved our position earlier this week and allocated proceeds to SCOM. CARB is currently resting on the 200D moving average. we expected the stock to rise with all Kenyan equities.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.