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šŸ“Trading Notes: Diversified Miners

  • Writer: Lester Davids
    Lester Davids
  • 2 days ago
  • 2 min read

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


This content is free.


Analyst disclosure: This content has been generated using an artificial intelligence tool, based on my own data.


Published on Tuesday, 01 September (after market close), for Wednesday, 02 September.


#9 ā­ā­ā­ā­ā˜† Anglo American plc [AGL] 89,599 ZAC.Ā [Category: Buy on Pullback šŸŸ¢ | Macro Status: High Bullish Momentum | Est. Oversold: šŸ”’ ZAC | Est. Overbought: šŸ”’ ZAC] šŸŸ© Heavyweight trend anchor šŸŸ© Solid structural foundation āš ļø Daily consolidation pause. What Can Go Right From Here: A successful retest of dynamic trendline support triggers the next impulsive leg within the broader primary bull trend. What Can Go Wrong From Here: Short-term commodity pullbacks lead to a test of lower channel support. 7D: Strong 7W: Strong 7M: High Bullish.


#18 ā­ā­ā­ā­ā˜† BHP Group Ltd [BHG] 75,148 ZAC.Ā [Category: Buy on Pullback šŸŸ¢ | Macro Status: High Bullish Momentum | Est. Oversold: šŸ”’ ZAC | Est. Overbought: šŸ”’ ZAC] šŸŸ© Primary trend bull šŸŸØ Daily cooling phase āš ļø Macro ceiling resistance. What Can Go Right From Here: Daily consolidation resets momentum oscillators while holding the primary rising trendline, building energy for a retest of highs. What Can Go Wrong From Here: Daily stagnation spills into broader weekly distribution, capping immediate upside. 7D: Neutral 7W: High Bullish 7M: High Bullish


#48 ā­ā­ā­ā­ā˜† Glencore plc [GLN] 12,996 ZAC.Ā [Category: Buy on Pullback šŸŸ¢ | Macro Status: High Bullish Momentum | Est. šŸ”’ ZAC | Est. Overbought: šŸ”’ ZAC] šŸŸ© Diversified mining titan šŸŸ© Multi-timeframe trend ignition āš ļø Stretched technical bands. What Can Go Right From Here: A shallow bull flag consolidation resolves higher, triggering a measured move into upper Fibonacci target zones. What Can Go Wrong From Here: Extended weekly momentum invites an orderly retracement toward support shelves. 7D: High Bullish 7W: High Bullish 7M: High Bullish

Lester Davids

Senior Investment Analyst: Unum Capital

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