by Ramki | Sep 5, 2011 | Kuwait stocks
You might be inclined to pass up on reading this post because Agility is not a stock you are even remotely interested in! But there is a lesson here for every Elliott Wave enthusiast. So take the couple of minutes and quickly see what the charts show you. After a...
by Ramki | Jul 18, 2011 | Kuwait stocks
Its been a long time since I looked at Kuwaiti stocks, and just yesterday the index has fallen to a new seven-year low! As most players in this market know, Zain and NBK are considered as bellwether stocks. Kuwait Finance House, or KFH, is another popular stock that...
by Ramki | May 4, 2010 | Kuwait stocks
From an Elliott Wave perspective, the outlook for Zain hasn’t changed much since I updated last. After correcting the prior 5-wave rally, the stock has taken off nicely like a 3rd wave should, ie on good volume and at a brisk pace. Some investors are worried because...
by Ramki | Apr 6, 2010 | Kuwait stocks
It has been quite a while since I posted technical comments on Kuwait stocks. So here are some charts that may be of interest to some of you. (Even if you don’t have any interest in Kuwait, you should look at the these charts because they give you additional practice...
by Ramki | Dec 17, 2009 | Kuwait stocks
National Industries Group stock has come down a lot in the last several months. But we can decipher a clear five wave movement having been completed at the lows. The first leg of a 3-wave correction has already been completed, and the second leg is probably already...
by Ramki | Aug 16, 2009 | Kuwait stocks
There has been a lot of chatter in the market about a possible offer from overseas for a large chunk of ZAIN, the premier telecom company based in Kuwait. So I decided to provide a quick technical update on this stock. As you will observe, Zain is trading close to a...
