Based on our version 1 analysis, we were accumulating KCB between Kes 15.00 and 18.00. KCB has been one of the best performing stock ever since.
Let us take a look at the version 2 analysis of KCB.
We are seeing the 2015 price peak of Kes 65.50 acting as resistance for now, making FOMO a possible variable to push the stock price higher and trade above the 2015 peak price. If January-February profit taking comes into play, the price might find support at Kes 50.00.
If the price breaks and trades below Kes 50.00, we will wait to buy KCB between Kes 34.00 and 40.00. Kes 30.00 is the lowest price the stock should fall to if there is extreme negative micro/macro sentiment (bear market).
For now, we will wait for a price correction to look into KCB.
Let us take a look at the version 2 analysis of KCB.
We are seeing the 2015 price peak of Kes 65.50 acting as resistance for now, making FOMO a possible variable to push the stock price higher and trade above the 2015 peak price. If January-February profit taking comes into play, the price might find support at Kes 50.00.
If the price breaks and trades below Kes 50.00, we will wait to buy KCB between Kes 34.00 and 40.00. Kes 30.00 is the lowest price the stock should fall to if there is extreme negative micro/macro sentiment (bear market).
For now, we will wait for a price correction to look into KCB.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.