Trading Pepkor: Long, Short & Long Again

Lester Davids
Mar 20
1 min read

Trade Pepkor with Unum Capital.

To get started, e-mail lester@unum.co.za

Not too early, not too late.

In the 10 trading days leading up to the recent bottom (excluding the day of the swing low), the 1st buy reading came on Monday 10 March.

This meant that traders had two (2) days to initiate a position.

Previous Post: Our Research, Your Opportunity: Assessing Reward-To-Risk (Pepkor)

The price action mode below is from the note on 04 December in which Pepkor was highlighted and where the 3 time frames assisted traders in assessing the reward-to-risk. The share traded higher, giving traders an opportunity to build a position, which has been followed by a retracement to a 3 1/2 month low.

*Pepkor was also previously featured as a buy/long idea ( https://www.unum.capital/post/pepkor-measured-move-target-exceeded-now-33-higher )