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- Buyer/Seller Dominance - Thursday, 15 August 2024
DOMINANT BUYING FROM OPEN TO CLOSE DOMINANT SELLING FROM OPEN TO CLOSE
- Naspers Ltd (NPN): Bullish Reversal Off Tactical Trigger - Wednesday, 14 August 2024
Real-Time: 11h03 +12% Gain Off Tactical Trigger Previous Post The buy trigger on end of day Monday 01 July (also highlighted in real-time on telegram) saw a healthy short term bullish reversal with the price advancing by R161 or +4.6% to yesterday's high. Note yesterday's high was the declining 21-day exponential moving average which has always been a level into which short term traders look to reduce into. The price continues to trade around it's 8-day EMA, which has started to lose downside momentum and which has previously acted a resistance on the recent downward trend. Broadly, the candle structure remains mixed, with a slightly bearish bias. I will continue to seek tradeable opportunities should the model or manual review indicate. Note: The share has unwound significantly from my sell/reduce view on 14 May (peaked two days later) and now trades within the initial accumulation range. The timestamped chart is shown below: Lester Davids Analyst: Unum Capital
- TECHNICAL SCREEN: Notable Volume - Wednesday, 14 August 2024
Pre-Market As of yesterday's close, the screen identifies an uptick in volume (+20% More Than The Average Over The Previous 30 Days) Lester Davids Analyst: Unum Capital
- JSE Strategy Screens: Various - Wednesday, 14 August 2024
Pre-Market Lester Davids Analyst: Unum Capital
- Sibanye Stillwater (SSW): Monday's EOD Reading Triggered? - Wednesday, 14 August 2024
• PRE-MARKET On Monday evening, the Tactical Trading Guide provided you with the following short term (1 to 10 day) reading: "The reward-to-risk is becoming attractive for a small buy/long position" . Tuesday's/yesterday's price action = short term positive. In addition, some participants seems to be acknowledging the multi-month support zone. Monday evening's TTG is shown below: While I am highlighting the short term structure, the long term view was shared with you on recently on Monday, 29 July. The original slide is shown below: ABOUT THE TACTICAL TRADING GUIDE: Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital
- Sappi (SAP): Short Term Rebound Potential - Wednesday, 14 August 2024
Pre-Market Previous Post 06 August - Real-Time: 16h09 Amidst the short term sell-off, here's what the data says. (Do note, event risk in the form of earnings loom). Lester Davids Analyst: Unum Capital
- MTN Group: Next Best Re-Entry Range - Wednesday, 14 August 2024
Pre-Market The share has rallied significantly from my alert at 7400c , trading above 8300c. The pullback to the (now) rising 8, 21-EMA is a range to consider a buy/long re-entry. The slide below re: MTN was shown in the report for Monday 12 August 2024 (Active Trading Plan) . Previous Post Real-Time: 09h51 Previous Post Update as of 10h25 Has advanced from 7400c to 7834c. Reading published in real-time last week Thursday at 16h44 Previous Post: https://www.unum.capital/post/mtn-group-here-s-what-the-data-says-thursday-18-july-2024 • REAL-TIME - 16h44 New Trigger Previous Post Hi Lester, I hope you are well. Do you have any analysis on MTN? Hi ___ - I trust you're well. This R80 level has been tested since March, which has held however, such persistent tests make a share vulnerable to the level being breached, especially when there is poor candle structure (such as today). The share also remains below its declining 21-week EMA, which could act as a headwind in the short term. The R78 to R80 level appears to be getting weak and if we break below, the momentum could accelerate to the downside. When will I get bullish? When it stops going down and when it it starts to trade with strong price action above R83, and even more so above R88. For now, the buy/long risk appears elevated (avoid). Lester Davids Analyst: Unum Capital
- Buyer/Seller Dominance - Wednesday, 14 August 2024
DOMINANT BUYING FROM OPEN TO CLOSE DOMINANT SELLING FROM OPEN TO CLOSE Lester Davids Analyst: Unum Capital
- FX: USD/ZAR. Here's What The Data Says - Tuesday, 13 August 2024
• REAL-TIME: 13h28 ABOUT THE TACTICAL TRADING GUIDE: Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital
- NEDBANK (NED): Candle Structure At Inflection Point - Tuesday, 13 August 2024
Real-Time 13h08 Setting up as a sell/reduce. Lester Davids Analyst: Unum Capital










