Nedbank: Retreating In Line With Price Action Model (Risks Communicated)
- Lester Davids
- Mar 4
- 1 min read
Research Notes March 2026 > https://www.unum.capital/post/rmar2026
Trade Local & Global Financial Markets with Unum Capital.
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R317 to R296 over 3 1/2 sessions!
See the PRICE ACTION MODEL further below for the technical risks communicated!
Previous Post (Thursday 26 February 2026): Nedbank: Extending Gains to +47%. This is the Current Price Action Model Reading
Previous Post (12 February): Take Profits on Nedbank: Running +34% (Medium Term Traders)
Previous Post (13 November): Take Partial Profits on Nedbank: Running +21% (Short Term Traders)
If you are a LONG TERM TRADER who can stomach a pullback, then further upside may be at hand. Either take partial profits, or implement a trailing stop-loss.
Previous Post (05 September): Trading Nedbank: Bear Trend Nearing Exhaustion?
Lester Davids
Senior Investment Analyst: Unum Capital
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