JSE Insurance Share's +24% Rally. These Are The Risks 🟥

Research: November 2026 > https://www.unum.capital/post/rnov2026
NOTE:Â When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes
On 14 June, we published a note, highlighting the re-emerging momebtum in for OUTsurance (OUT). Over 5 months, the share rallied by 24%. The current price action model reading reflects powerful upward momentum with but with risks of failure to hold it's highs. Our expectation is higher levels followed by a potential short term toppoing structure and a bearish reversal.


Previous Post (14 June)
đź’ˇRe-Emerging Momentum: Multi-Month Consolidation + Igniting Candle Structure + Potentially Similar Structure To Previous Breakout
OUTsurance Ltd (OUT)
Last Close: 7380c
Setup invalidated on a close below 6800c.

OUTsurance was a share we discussed at 4780c less than 2 years ago. The most recent high was 8125c, reached one year ago, in June 2025.
Monday, 30 September 2024
Time Published: 15h23
The previous measured move target was exceeded
Today the share has reached a multi-year high of R60
Now trading close to it's rising trend line resistance

Previous Post: Tuesday, 17 September 2024
Real-Time: 09h40

Previous Post
Real-Time: 09h41
Ticker: OUT
High Bullish Momentum Regime
Approaching Measured Move Target
Reduce Into Strength

Original view, as published to clients

Lester Davids
Analyst: Unum Capital




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