IMH trade ideas
Look for buys from the bottomHello,
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 services. The company was founded on August 16, 1950 and is headquartered in Nairobi, Kenya.
With a total revenue of KES 50 billion & net income of KES 11.19 bilion. the company remains a solid company into the future. Earnings per share of KES 6.77 & 415 Billion worth of Assets.
I see a buy form the current areas to the target of KES 29. More information www.imbankgroup.com
Good luck!
Structure drawingHello,
Structure drawing is a crucial skill for wave traders as it helps them to identify potential price movements and trade opportunities. Technical analysis relies heavily on charting patterns, and understanding the different structures is vital to making informed trading decisions. Ascending and descending channels are two commonly used structures in technical analysis.
Ascending channels depict an upward trend with higher highs and higher lows, while descending channels indicate a downward trend with lower highs and lower lows.
By identifying these structures, traders can determine the strength of a trend, potential support and resistance levels, and make profitable trades accordingly.
Herein is an example of the the descending channel. Mastering the skill of structure drawing is crucial for wave traders to succeed in the financial markets.
Best regards,
Thesharkke
