Candles254

Candles254

Despite the bull run in Gold prices Year-to-date, we have not seen it being reflected in Gold Miner's stock prices. As Gold prices attempt to break above the $2,000 resistance, Gold miners' stock prices have been falling in the same period (YTD) and this provides us with a discounted entry into gold miners' stocks.

Candles254

In the past 1 year, Sasini stock price has dipped 30%. This provides investors with a good opportunity to look into the stock at a significant discount. The stock has strong fundamentals and will be one of the biggest beneficiaries of a depreciating shilling. The company has a healthy dividend yield of about 11%, low debt-to-equity ratio, and a p/e of 4.8%. In...

Candles254

Double bottom entry at kes 110.00. Let us wait and see. The current price is still discounted. Let us buy our first lot.

Candles254

Is this the moment for Bamburi to cement its foundation and scale?? nation.africa Let us buy some Bamburi cement shares. If this transaction goes through, a bright future lays ahead for the company.

Candles254

The Russell 2000 Index is an important stock market index for several reasons: 1. It is a broad and representative measure of the performance of small-cap U.S. stocks. The index includes 2,000 of the smallest publicly traded companies in the United States, representing about 10% of the total U.S. stock market capitalization. This makes it a comprehensive...

Candles254

Investors have seen significant paper loss holding KCB shares. The problem is that most Kenyan investors are herd investors. And the herd always gets slaughtered. In an analysis presented to a local investor early this year, this is part of the analysis presented and we had our first buy orders filled between Kes 15.00 and Kes 15.25. The trade played out...

Candles254

The 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...

Candles254

KenGen, Kenya Electricity Generating Company PLC, plays a significant role in the global energy sector, particularly in promoting renewable energy sources and supporting sustainable development initiatives. Here are some key facts about KenGen's global impact: 1. Leading Geothermal Energy Producer: KenGen is among the world's top 10 geothermal energy producers,...

Candles254

Co-operative bank has been a favourite for the past few years. Not only are the dividends lucrative, but the price action is more stable and predictable. Looking at accumulating the next cycle when prices hit Kes 10.50. The green arrows show all my entry prices.

Candles254

The Chinese Yuan has lost a lot of ground against the dollar and it is currently trading at a critical price point. With a double-top set-up and a bearish RSI divergence, will the Yuan obey technicals or will fundamentals remain at play and the Yuan will continue depreciating against the dollar? Technically, it speaks for itself.

Candles254

During COVID-19, we saw an increase in demand for orange juice/vitamin C as people strived to increase their immunity against COVID-19. For some households, this habit remained and orange juice became the go-to leisure juice. This must have caused a squeeze on the existing supply as the demand caught orange farmers and juice producers by surprise. Can technicals...

Candles254

@USDJPY is overbought and the BOJ intervention was necessary to keep the YEN in check as the country grapples with high inflation. 150 has held its ground as a resistance price as expected. And it coincided with their decision to change yield curve control measures. We might be seeing the end of -ve interest rates in Japan by next year.

Candles254

@USDJPY is overbought and the BOJ intervention was necessary to keep the YEN in check as the country grapples with high inflation. 150 has held its ground as a resistance price as expected. And it coincided with their decision to change yield curve control measures. We might be seeing the end of -ve interest rates in Japan by next year.

Candles254

@BarrickGold is lagging behind Gold's bull run with much room to play catch-up. During the COVID pandemic, a lot of miners did not have the capacity to stay afloat and they were forced to shut down. This gave miners such as Barrick Gold a fresh market to supply as the demand for gold by central banks and retailers skyrocketed. Gold has the potential to trade above...

Candles254

Lockheed Martin has provided investors with great investment opportunities in times of war. If we compare price action and volume when Russia invaded Ukraine and when Palestine invaded Israel, Lockheed Martin has a lot of room for the upside.

Candles254

Netflix is looking lucrative at the current price. Is the correction over?

Candles254

Will technicals add up??? Gold has caught my attention and it looks lucrative at the current price.

Candles254

Beautiful set-up in oil. If geo-political tensions ease, we will see oil cooling down from current levels. If not, $100 will be the next stop.