Page 3 | Ideas and Forecasts on Stocks — Kenya

SAFARICOM ANALYSIS 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 Ethiopia. More downside for Safaricom may be limited for now, and what we are most likely to see is a extended period of consolidation as the market absorbs the recent selling pressure before we see the next bull run.

Unlock the Secrets of Doji, Hammer and Dragonfly Doji 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, and dragonfly doji are three common candlestick patterns that traders use to identify potential trend reversals or continuation. A doji is a candlestick pattern that forms when the opening and closing prices of an asset are nearly identical. This results in a candlestick with a very small body and long wicks on both ends. A doji indicates indecision in the market and suggests that buyers and sellers are evenly matched, which can lead to a potential reversal in trend. A hammer is a bullish reversal pattern that forms at the bottom of a downtrend. It consists of a small body with a long lower wick and little to no upper wick. A hammer indicates that sellers have pushed the price down but buyers have stepped in and pushed the price back up, suggesting a potential reversal in trend. A dragonfly doji is a candlestick pattern that forms when the opening and closing prices are at or near the high of the day, with a long lower wick and no upper wick. It resembles a hanging man pattern but is considered bullish rather than bearish. A dragonfly doji indicates that sellers have pushed the price down but buyers have stepped in and pushed it back up, suggesting a potential reversal in trend. When looking at the doji, hammer, and dragonfly doji candlesticks, traders often analyze the price action surrounding these patterns. For example, if a doji forms after a strong uptrend, it may indicate that the buyers are losing momentum and a reversal could be imminent. Conversely, a hammer or dragonfly doji forming at the bottom of a downtrend may suggest that buyers are stepping in and a trend reversal could be on the horizon. Traders use these patterns in combination with other technical indicators to gain insight into the market and make informed trading decisions. These key candles will be very key in determining the direction of our next move on any asset class analysis.

KENYA POWER AND LIGHTING COMPANY 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 higher than average. These investment opportunities often offer investors the potential for larger returns in exchange for accepting the associated level of risk.

Structure drawing Hello, 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

Safaricom shares prices dropping close to a demand level 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 mind when deciding. Safaricom is extending it's services to the Democratic Republic of Congo (DRC). A country considered the world's richest country in terms of wealth in natural resources. In DRC most of the raw mineral deposits remain untapped and are worth an estimated $24 trillion. Safaricom is the most dominant communication and financial company in East and Central AFRICA. Safaricom-MPESA, is so popular the government of Kenya owns 35% of Safaricom, which converted into a public company in the year 2002. Also note about 5 years ago, Southern African telecoms giant Vodacom Group bought 35% stake in Kenyan operator Safaricom. By the way I analyse my charts analysing Stocks, Forex indices and cryptocurrency (candlesticks) using trading view, free app to use globally www.tradingview.com Some questions to help the young ones start considering and investing time and consider becoming investors and not just end users. Few questions and if any of the questions here is yes, please make sure you speak to a person who has ever bought safaricom shares. Quiz 1 Would you like to own safaricom shares? Quiz 2 Who uses safaricom products? Quiz 3 Who has ever bought safaricom shares? what price did you buy Quiz 4 Does anyone here own any safaricom shares?

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Using different tools to make your analysis easier Hello, Tradingview gives you tools you will never find in any platform. The tools are very key in making you a better trader. Below are my favourite tools 1:arrow: This tool is very key because t helps me set and indicate my targets clearly 2:Trendline: This is the yellow line on my chart that helps me identify the charts and make them clear for everyone 3: date & price range tool: This tool is very key to my analysis because it shows me the increase/decrease in percentage terms while it also shows me how many days/hrs it took for that move to happen. Good luck in your journey!

SCOM buy 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.

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