South 32

Research: October 2026 > https://www.unum.capital/post/roct2026

Now lower by 13.3% (adjusted for dividends) vs warning on 03 September. See original note below.

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Previous Post (03 September): South 32 - approaching overbought as well as nearing it's swing highs at 6200c. Short term traders, consider selling/reducing into strength.

Lester Davids

Senior Investment Analyst: Unum Capital