Trade BHP Group with Unum Capital.
To get started, email lester@unum.co.za
Previous Post (13 January): BHP GROUP Is Starting To Outperform The Broader Market. Here's How Clients Were Prepared.
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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