From a high of 191.00, JKH retraced to todays low of 173.70. It will be interesting to see whether this will be the lower low in the present down trend, as only on 3 days the counter closed above the previous close within the last 15 days. This is an indication of 12 days of consecutive down days. Worth watching.Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
Tuesday, December 15, 2015
John Keells Holdings - Watch
From a high of 191.00, JKH retraced to todays low of 173.70. It will be interesting to see whether this will be the lower low in the present down trend, as only on 3 days the counter closed above the previous close within the last 15 days. This is an indication of 12 days of consecutive down days. Worth watching.
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As can be seen the Trend is still Bearish for JKH with more lower highs and lower lows. However it is trying heavily to be above the 100sm...

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