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  • Writer's pictureLester Davids

Research: Insights & Trading Opportunities - Friday, 21 June 2024

Updated: Jun 23

This page is updated pre-market and intraday, as and when opportunities arise and when key developments are identified. Where required, click on the image to enlarge.


  1. JSE TOP 10 MOST OVERBOUGHT/OVERSOLD

  2. STRATEGY ALERT: PREPARING TO RE-ENTER A BUY INTO SHORT TERM OVERSOLD LEVELS

  3. PLATINUM (XPTUSD): BULLISH REVERSAL OFF BUY RE-ENTRY RANGE & TACTICAL TRIGGER

  4. AMS AMPLATS +R50 IN THE MONEY: APPROACHING BANK/TAKE PROFIT LEVELS.

  5. UPDATE: NPH NORTHAM PLATINUM - STRONG BULLISH REVERSAL (+13%) FOLLOWING TACTICAL TRIGGER (FROM R107 to R121)

  6. UPDATE: NATURAL GAS SELL IDEA NOW +9.8% IN PROFIT / APPROACHING FULL TARGET

  7. UPDATE: BRENT CRUDE OIL NOW TRADING +11.3% OFF TACTICAL TRIGGER


JSE TOP 10 MOST OVERBOUGHT


JSE TOP 10 MOST OVERSOLD


🔔STRATEGY ALERT: PREPARING TO RE-ENTER A BUY INTO SHORT TERM OVERSOLD LEVELS 🔒


PLATINUM (XPTUSD): BULLISH REVERSAL OFF BUY RE-ENTRY RANGE (BLUE DOTTED LINES AT $944 to $954) and FOLLOW-THROUGH FROM THE TACTICAL TRADING GUIDE WHICH RECOGNIZED TEH SELL-OFF AND LOOKED FOR A PROBABILITY OF A SMALL REBOUND.


  

AMS AMPLATS +R50 IN THE MONEY: APPROACHING BANK/TAKE PROFIT LEVELS.


UPDATE: NPH NORTHAM PLATINUM - STRONG BULLISH REVERSAL FOLLOWING TACTICAL TRIGGER

(FROM R107 to R121).


UPDATE: NATURAL GAS SELL IDEA NOW +9.8% IN PROFIT / APPROACHING FULL TARGET


UPDATE: BRENT CRUDE OIL NOW TRADING +11.3% OFF TACTICAL TRIGGER (TELEGRAM COMMENT SHOWN). SHORT TERM = REDUCE/TRIM INTO STRENGTH.


Lester Davids

Analyst: Unum Capital


MISSED YESTERDAY'S RESEARCH? HERE'S WHAT I DISCUSSED:


  1. TRADE ALERT: BUY CBOE VOLATILITY INDEX

  2. TRADE ALERT: SELL NASDAQ 100

  3. PREMIUM VIEW: TRADING CANDIDATES

  4. TECHNICAL SUMMARY

  5. JSE TOP 20: NEXT BEST PROBABILITY COURSE OF ACTION

  6. JSE TOP 40 INDEX (J200): TOTAL GAIN OF +7900 POINTS

  7. TRU TRUWORTHS: A 46% ADVANCE BUT EARLY SIGNS OF SHORT TERM EXHAUSTION

  8. UPDATE: GFI GOLD FIELDS: TWO-DAY RALLY OFF TACTICAL TRIGGER

  9. PREMIUM VIEW: HOW MUCH UPSIDE? ZOOMING OUT ON SASOL

  10. PREMIUM VIEW: SIGNIFICANT ADVANCE - POTENTIAL TO OVERSHOOT AND FAIL

  11. UPDATE: MTN GROUP - SHARP BULLISH REVERSAL, NEARING GAP FILL.

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