Trading Gold Fields: 'We Had 4 Days To Build A Position Before It Rebounded'

Research Notes For 02 to 06 June > https://www.unum.capital/post/r0206june

Trade Local & Global Financial Markets with Unum Capital.

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

This is another example of how traders can use the data to capitalize on opportunities. We have been very consistent in re-publishing the Tactical Trading Guide (price action model) at the end of each day. Here, clients are able to obtain a reading for more than 60 shares for 3 time frames. At the end of day on Monday 12 May, the reading for Gold Fields was as follows: 'The share has recently been sold off. Expect a small rebound'.

The time-stamped reading and updated chart is shown below:

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Previous Post (Monday, 12 May)

Trade JSE Shares with Unum Capital.

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

Click on the image to enlarge.

Readings as of the close of trade on Monday 12 May.

These are subject to change as the price action develops.

SHOULD YOU URGENTLY REQUIRE A READING FOR THE LONG TERM, YOU ARE WELCOME TO E-MAIL ME AT LESTER@UNUM.CO.ZA

Short Term (approximately 1 to 10 days)

Medium Term (approximately 2 to 4 weeks)

Lester Davids

Senior Investment Analyst: Unum Capital