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  • Writer's pictureLester Davids

Sanlam: Unwind From Overbought - Tuesday, 03 September 2024

Pre-Market

Ticker: SLM


Update: Sharp Bearish Reversal Off Model Trigger.

  • The rising 21-day EMA is the first next level of interest for ultra short term traders.


 

Previous Post: Thursday 29 August 2024


Real-Time: 15h45

Ticker: SLM

Update: Now Overbought - See The Tactical Trading Guide (live reading).




Real-Time: 11h47


  • Sanlam approaching previous swing highs (new buy/long, caution) + has entered an overbought range.

  • Most Recent Communication was to re-accumulate on a pullback into the rising 21-week EMA at R75. Now trading at R85.




Lester Davids

Analyst: Unum Capital

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