Thursday, 18 April 2024 | 06h30
Reading Time: 1 Minute
The share has unwound from R484, having tested a low of R417 during yesterday’s session.
Previously, at R484 on 29 February, the share was trading 48% above it’s 200-week SMA, which was double it’s long term average. For existing long positions at the time, this was a risk.
The original extract is shown below.
To trade, or open a new account, contact the Unum Capital Trading Desk:
E-mail: tradingdesk@unum.co.za | Call: 011 384 2923
Lester Davids
Analyst: Unum Capital
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