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Writer's pictureLester Davids

Looking Up. An Absolute & Relative Recovery 'Play'

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Tuesday, 01 October 2024

Time Published: 07h46


  • Recently highlighted to clients, explaining the initial risk and pending opportunity.

  • The share rebounded from 1400c to 1900c, with a pullback/consolidation now underway.

  • This is what the relative chart (monthly) compared to the JSE Top 40 Index looks like.

  • A rebound off the lower boundary of the channel - looking good!


Relative Chart: Share vs Top 40 Index


Lester Davids

Analyst: Unum Capital

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