Hyprop Investments: Weekly Overbought - Thursday, 12 September 2024

Pre-Market

Ticker: HYP

While the price momentum is strong and the price action reflects aggressive buying activity, the weekly RSI is overbought with a reading of 90. At current levels, the reward-to-risk for new short to medium term buyers is unappealing.

---

(Previous Post: 26 August)

Real-Time: 15h21

Ticker: HYP

Live Reading via the Tactical Trading Guide

---

Previous Post (29 July)

Real-Time: 14h59

Hyprop Investments (HYP)

Lighthouse Properties (LTE)

ABOVE-AVERAGE VOLUME IN BOTH NAMES, WITH POSITIVE CHANGES FROM THE OPEN. THIS POSSIBLY SUGGESTS RENEWED BYING INTEREST WITH THE CONSOLIDATION RANGES.

HYP

LTE

Lester Davids

Analyst: Unum Capital