top of page

Trading Sanlam: Long/Short

  • Writer: Lester Davids
    Lester Davids
  • Mar 4
  • 1 min read

Trade Sanlam with Unum Capital.

To get started, email lester@unum.co.za


  • On 28 January, we discussed Sanlam as a buy/long opportunity with the model being a major driver of that view.

  • The result? An +11% Rally.

  • Since then the share traded into overbought and gave another sell reading via the model.

  • Check out the time-stamped reading below.

  • Volatility Equals Opportunity. Well done to those who are capitalizing.


ree


Previous Post (21 February): Trading Sanlam (+10%): Longs Getting Paid



We wrote about Sanlam on 28 January, highlighted the price action guide (tactical trading guide) in real-time. This post also highlights the model reading on Friday 24 January which alerted and prepared traders for an opportunity to build a buy long position.


ree
ree


Previous Post (28 January): Trading Sanlam: Actionable Areas (+Price Action Model)


Consider partially covering any short/sell positions. This is what the price action model says:

  • Note the long term reading (5 to 8 weeks) which alerts us to look for support at any previous swing low (see circled area). Also see the chart for potential support at the previous swing lows.


ree

ree

ree

ree

Lester Davids

Analyst: Unum Capital

Comments

bottom of page