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🖥️ Technical Screen: The "Coiled Spring" (Secular Bull Re-Acceleration Hooks)

Writer: Lester Davids
Lester Davids
3 days ago
1 min read

Published post-market close on Thursday 15 October for Friday 16 October.


Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data.


  • Regime Parameters: Secular Monthly momentum is Strong to Overbought, Weekly momentum has digested into Neutral or Weak (orderly cyclical consolidation), while Daily momentum has printed a fresh Strong or High Bullish Momentum reclamation hook.

  • Structural Signature: A multi-month macro bull trend executes a standard multi-week consolidation that successfully defends the secular 200-day SMA or intermediate 75-day EMA. The Daily tape then violently un-inverts across the 8-day and 21-day EMAs, signaling that the intermediate digestion phase is terminating and the primary uptrend is resuming.

  • Core Counters:

    • ANH (Anheuser-Busch InBev SA/NV): Daily: Overbought | Weekly: Strong | Monthly: Strong (Re-accelerating off intermediate weekly base)

    • BID (Bid Corporation Limited): Daily: Overbought | Weekly: Strong | Monthly: Strong (Breaking to new blue-sky highs after intermediate base)

    • NED (Nedbank Group): Daily: Strong | Weekly: Neutral | Monthly: Strong (Reclaiming 200D SMA; multi-timeframe re-acceleration)

    • EQU (Equites Property Fund Ltd): Daily: Neutral | Weekly: Strong | Monthly: Strong (Digesting daily tape at top of secular bull ribbon)

    • HYP (Hyprop Investments Limited): Daily: Neutral | Weekly: Strong | Monthly: Strong (Intermediate compression preparing for daily expansion)

  • Tactical Execution Mandate: High-velocity breakout/continuation entries. These provide exceptional asymmetric reward-to-risk setups because the trade aligns with the macro monthly momentum tide while entering directly as tactical momentum re-engages.

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