top of page

Old Mutual - Strong Upside Follow-Through (+7.5%) - Wednesday, 11 September 2024

  • Writer: Lester Davids
    Lester Davids
  • Sep 11, 2024
  • 1 min read

Pre-Market

Ticker: OMU

  • Strong upside follow-through from the falling wedge structure highlighted in the report: Active Trading Plan (Monday, 05 January).

  • Short term - volatility around earnings, but long term structure is NOT extended by an strength

  • As previous noted, the share has developed a long term base.


Slide 30 of 40 on Monday 05 January



OMU as of yesterday's close - solid push out of the falling wedge structure


Lester Davids

Analyst: Unum Capital

Comments

bottom of page