Momentum-Metropolitan: Running Short Term (+26%) & Long Term (+137%) + Current Model Reading

Research Notes For 19 to 24 May > https://www.unum.capital/post/r1924may

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• Now a +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. On Friday (16 May 2025), the share reached an multi-year high of 3541c.

• The current price action model reading is as follows:

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.

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Previous Post (Wednesday 12 February)

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Preferred Strategies & Setups To Generate Cash Flow (Click To Enlarge)

Lester Davids

Analyst: Unum Capital