Valterra Platinum: Short Term Bear Flag + 75-Day & 21-Week EMA in Focus

Research Notes 18 - 22 August > https://www.unum.capital/post/r1822august

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The share is experiencing a short term correction but remains in a medium term bull phase. Currently developing a bear flag technical formation with opens the potential for lower levels in the short term. Provisional buy re-entry range is the downside overshoot of the rising 75-day/21-week exponential moving averages (R756 - R773).

Lester Davids

Senior Investment Analyst: Unum Capital