Northam Platinum: Short Term Traders, Take Profit.
This research note is free.
Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes.
The share traded into our buy re-entry range on Wednesday and has rebounded by 7.5%. Short term traders can use the rebounded to lock in gains.
Previous Post (06 September): Trading Northam Platinum: Actionable Areas
Analysis as of: End of Day, Friday 04 September.
Published on: Sunday 06 September.
Our previous BUY call on Northam Platinum saw the share trade slightly below the buy re-entry range before staging a 32% rally.
*Ratings and Key Levels Are Subject To Change Based On Subsequent News Flow and Price Action.
Lester Davids
Senior Investment Analyst: Unum Capital
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