NSE OBEYING TECHNICALSThe Nairobi Securities Exchange share price has been on a bearish trend but there is a bullish divergence on the RSI. The stock has provided multiple entry and exit opportunities that have proven to be quite profitable on a predictable trend. We are looking at another hodl entry at Kes 5.50, and sticking to our long-term target of Kes 8.00. However, there is strong support at around Kes 6.00.
The Green Arrows are our entry and the Red arrows are our exits. However, we only liquidate 75% of our holdings on exits and retain 25% as our long-term position.
