Buy Setup Invalidated / Price Remained Exceptionally Weak / See Note

Lester Davids
Jun 10
1 min read

Premium Content > https://www.unum.capital/post/premiumcontent

Free Content: June 2026 > https://www.unum.capital/post/rjune2026

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za

NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes

Free Content:

African Rainbow Minerals:

As mentioned: "Important To Note: If the share remain persistently weak, the setup will be considered temporarily invalid."

Previous Post (Tuesday, 09 June)

One of several shares from our WATCHLIST.

On 29 January, the idea was to sell/reduce into strength. With the pullback, we are placing this share in our watchlist for a piercing candle i.e. undercut and rally. Now trading at R185. Expecting more downside before a tactical rebound. The piercing level (i.e. that it needs to reclaim) will be the prior day's low of 18408c.

Important To Note: If the share remain persistently weak, the setup will be considered temporarily invalid.

Share: African Rainbow Minerals

Code: ARI