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Trading Glencore Plc: Short Term Oversold + Potential For Counter-Trend Rebound

  • Writer: Lester Davids
    Lester Davids
  • Aug 7
  • 1 min read

Research Notes 04 - 08 August > https://www.unum.capital/post/r0408august

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Our previous note expressed cautious optimism but also highlighted the risk of failure which would lead to a short/sell opportunity. The share has since sharply retraced from it's 200-day moving average and is now oversold, with potential for a counter-trend rebound.


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Previous Post (Monday 21 July)


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Lester Davids

Senior Investment Analyst: Unum Capital

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