All Entries Tagged With: "ZAIN Kuwait"
Elliott Wave outlook on Zain Kuwait
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 of the recent sideways movement. While it is [...]
May 04, 2010 | Ramki | Comments 1
Zain Kuwait: A technical update
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 downtrend line. But the [...]
August 16, 2009 | Ramki | Comments 1