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Writer's pictureLester Davids

Impala Platinum: Strong Intraday Rebound Off Buy Range (R106 to R110)

Wednesday 13 November 2024 (Time: Pre-Market)


  • I know there are some of you who are looking for intraday opportunities. IMP was one which I discussed yesterday morning.

  • Trading into the buy range below R106 and rallying to above R109 to R110.

  • These are very decent cash flow generating opportunities to get in, get out and get paid.



 


Ticker: IMP

  • Look for stabilization on 1H, 4H (i.e. a slowdown in momentum)


Daily Chart


Lester Davids

Analyst: Unum Capital



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