🛜🟩Approaching Buy/Add (Defensive Cash Cow)

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NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes

The paragraph below is an extract from the analyst's end of day report. This report is automatically generating and covers over 130 JSE shares.

#20 ⭐⭐⭐☆☆ [🔒] 🔒 ZAC. [Category: 🟩 At/approaching buy/add | Macro: High Bearish Momentum | Floor: 🔒 – 🔒 ZAC | Ceiling: 🔒 – 🔒 ZAC] 🟨 Defensive cash cow 🟨 Sideways accumulation channel ⚠️ Muted growth velocity. What Can Go Right From Here: Defense of primary trend support shelves leads to an orderly rotation back to the top of the trading corridor. What Can Go Wrong From Here: Rejection at descending moving averages caps upside momentum. 7D: Weak 7W: High Bearish 7M: High Bearish

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Lester Davids

Senior Investment Analyst: Unum Capital