Exxaro Resources: Retracing From Overbought Into A Rising 21-Day EMA; Traded Above R182 (Just Shy of R185 Target). Previous Long Idea At R146 to R148. Well Done To Clients Who May Have Participated

Research Notes For 28 July to 01 August > https://www.unum.capital/post/r2801august

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Previous Post (Tuesday 22 July): Exxaro Resources: Bullish Structure & Approaching Target (R185) However, After A 23% Rally, Short Term Overbought Readings Have Started To Emerge

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Previous Post (15 July)

As highlighted to clients on 28 April.

Lester Davids

Senior Investment Analyst: Unum Capital