EAST AFRICAN BREWERIES PLC
לונג
מעודכן

inflection point?

141
EABL has been in a decade-long downtrend. however, we appear to on the cusp of a change in trend.

the next few days will prove pivotal. in the event of a breakout, we forecast a 20% upside to the 180-190 KES region - resistance level. we are of the view that the sky is the limit, though we expect sizable pullbacks at various key resistance areas.

this will take some time to play out.
הערה
June's monthly candle closure has extended the timeline for anticipated move for weeks if not months. we remain on the sidelines for now.
הערה
i am satisfied with the volume and robust candle we witnessed in July.

we are long at this point.
עסקה פעילה
was boneheaded of us not to shift the text to the left. hopefully, price moves past that area.

still very much long.

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