Bottom Line: Lower in three waves to complete wave (ii)
Â
(Last Price 193): The sell off below 199 suggests a wave A play, we expect a wave b and c to complete a flat for wave 4.
Daily Chart
Weekly Chart:
Williamson Tea Kenya (NSE: WTK) has reported a significant earnings downturn, driven by weaker global tea prices and a strong Kenyan shilling that has eroded export margins. Despite maintaining a healthy balance sheet with low debt and substantial cash reserves, the company posted a net loss of KES 153 million for FY 2025, a stark reversal from the prior year’s profit.
WTK – October 30th update
Updated: 10/30/2025 7:24 AM
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