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JSE Ltd: The Exchange Is Finding Momentum - Monday, 23 September 2024

Writer's picture: Lester DavidsLester Davids

Pre-Market

Ticker: JSE

  • Technical Drivers: (1) Above the 200-day EMA (2) Double break as per the weekly (3) nearing the top of it's 3-year range

  • Fundamental driver: (1) improved business confidence (2) increased trading activity

  • Medium to long term targets: 13600c, 15000c

  • Structure invalidated on a weekly close below 10800c


Lester Davids

Analyst: Unum Capital

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