Overbought & Approaching Resistance R134 to R138. Consider Reducing Into Strength
- Lester Davids

- 4 days ago
- 1 min read
September 2026 > https://www.unum.capital/post/rsep2026
NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes
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Thungela Resources.
The share is higher by 30% vs our buy trigger at 9939c.
Reviewing the daily chart, resistance appears to be in the R134 to R138 range.
Consider reducing into strength.
We provided you with the BUY setup here (07 August) > https://www.unum.capital/post/tga0708
Lester Davids
Senior Investment Analyst: Unum Capital



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