Momentum-Metropolitan: Running Short Term (+22%) & Long Term (+128%)
- Lester Davids
- Apr 30
- 1 min read
Trade Momentum-Metropolitan with Unum Capital.
To get started, email tradingdesk@unum.co.za
Now an +22% Rally Off The Confluence Zone (26 February Note)
Also higher by 128% from our (short term) buy idea 01 August 2022.
As discussed on the morning of 26 February, the 50-week (as per the model) was support.
Both the trading statement for the six months ended 31 December 2024 as well as the subsequent results sparked sharp rallies.
Our original buy/long view was at 1489c. Yesterday (Tuesday 29 April 2025), the share reached an multi-year high of 3412c.
From a medium to long term portfolio perspective, the share has rallied sharply.
Over the period (since 01 August 2022), the share has significantly outperformed it's peers.
Previous Post: Trading Momentum Metropolitan: 50-Week/200-Day Convergence
Previous Post (Wednesday 12 February)
Preferred Strategies & Setups To Generate Cash Flow (Click To Enlarge)
Lester Davids
Analyst: Unum Capital
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