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.

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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