Looking Up. An Absolute & Relative Recovery 'Play'

🔒Premium Post

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