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  • Lester Davids

Analysis: Impala Platinum & Anglo American Platinum

Updated: Aug 15, 2023

Pre-Market, Tuesday 15 August 2023

In the property market, buyers often 'pay for the view'. When it comes to a perspective on the market or a particular share, it is often the same where a view can either help one of to make money and/or manage risk by avoiding a share.

While it might be unfashionable to publish monthly charts in a fast-paced world, 'zooming out' has given me the ability to offer a perspective that has helped clients manage risk.

Here's the score:

The AMS share price is down by 65% from March 2021.

The IMP share price is down by 60% from May 2021.

For an enlarged view, click on the arrows in the top right corner of the image

AMS March 2021

IMP May 2021

IMP. New multi-year low for the share, heading for a print below R100 (yesterday’s low = 10244c). We have seen strong downside follow-through over the 4 months with the most recent major medium term signal being the price crossing below it’s 200-Week SMA in a similar manner to the signal seen in September 2008 - highlighted on 08 April at 15998c (see below).

Not yet a client of Unum Capital? For more information on how you can become a frequent recipient of my research or to get started on your trading journey, email

In addition, if you're keen to know what's next for the PGM sector, get in touch today.

Lester Davids

Analyst: Unum Capital

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