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Technical Ratings: Extreme Optimism. Poor Reward-To-Risk - Wednesday, 28 August 2024

  • Writer: Lester Davids
    Lester Davids
  • Aug 28, 2024
  • 1 min read

Pre-Market


Note: There 19 tickers in overbought territory and 16 in high bullish momentum (approaching overbought). This a rarity which signal extreme optimism for JSE equities but also potential a poor reward-to-risk from a NEW buy/long perspective.



Lester Davids

Analyst: Unum Capital

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