🛜🟩Approaching Buy/Add

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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.

#12 ⭐⭐☆☆☆ - Limited [🔒] 🔒 ZAC. [Category: 🟩 At/approaching buy/add | Macro: High Bearish Momentum | Floor: 16,917 – 17,514 ZAC | Ceiling: 20,698 – 21,892 ZAC] 🟨 Cyclical 🟥 Weekly breakdown ⚠️ Structural supply overhang. What Can Go Right From Here: Momentum divergence on oversold daily indicators triggers a sharp counter-trend relief rally toward broken support. What Can Go Wrong From Here: Failure of the weekly floor extends the cyclical markdown toward long-term historical lows. 7D: Neutral 7W: High Bearish 7M: High Bearish

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Lester Davids

Senior Investment Analyst: Unum Capital