top of page

🖥️ Technical Screen: Pristine Secular Bull Runners

Writer: Lester Davids
Lester Davids
29 minutes ago
1 min read

Published post-market close on Thursday 15 October for Friday 16 October.


Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data.


Profile 1: Pristine Secular Bull Runners (Triple-Frame Overbought / High-Bullish Momentum)

  • Regime Parameters: Daily, Weekly, and Monthly all simultaneously residing in High Bullish Momentum / Approaching Overbought or Overbought

  • Structural Signature: Full un-inverted ribbon geometries (Price > 8D > 21D > 75D > 200D). Institutional capital is trapped on the wrong side of the boat; dips are shallow, violent, and instantly absorbed before testing intermediate moving averages.

  • Core Counters:

    • ADH (ADvTECH Limited): Daily: High Bullish Momentum / Approaching Overbought | Weekly: High Bullish Momentum / Approaching Overbought | Monthly: Overbought

    • SHP (Shoprite Holdings Limited): Daily: High Bullish Momentum / Approaching Overbought | Weekly: High Bullish Momentum / Approaching Overbought | Monthly: Overbought

    • SOL (Sasol Limited): Daily: Overbought | Weekly: High Bullish Momentum / Approaching Overbought | Monthly: High Bullish Momentum / Approaching Overbought

    • EXP (Exemplar REITail Ltd.): Daily: Overbought | Weekly: Overbought | Monthly: Overbought

    • HET (Heriot REIT Ltd.): Daily: Overbought | Weekly: Overbought | Monthly: Overbought

    • OMN (Omnia Holdings Limited): Daily: Strong (high edge) | Weekly: High Bullish Momentum / Approaching Overbought | Monthly: High Bullish Momentum / Approaching Overbought

  • Tactical Execution Mandate: Buy on shallow dynamic pullbacks. Sidelined traders should never short these counters based purely on "overbought" oscillator readings. Momentum saturation is a feature of sustained institutional accumulation, not an immediate top. Limit orders belong at the rising Daily 8-day EMA or 21-day EMA.

Comments


bottom of page