Trade BHP Group with Unum Capital.
To get started, email lester@unum.co.za
BHP GROUP Is Starting To Outperform The Broader Market. As highlighted in the note further below on 02 December, the positive divergence via the 14-day RSI was a key indicator which alerted traders to the potential for a bullish reversal.
Can you see the relative outperformance starting to unfold?
Previous Post: BHP GROUP In Terms Of Relative Positioning, This Chart Is Important
Monday 02 December 2024 (Pre-Market)
This is a ratio chart of BHG Group relative to the JSE Top 40 Index
Key Features: Trading at support + Bullish Divergence as per the 14-Day RSI
Interpretation: From or at around current levels, the share could potentially outperform the broader market.
Lester Davids
Analyst: Unum Capital
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