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Writer's pictureLester Davids

My Trading Notes: October 2024

This page will be updated on a continuous basis as the market develops and as opportunities are identified in real-time.


RESOURCES SECTOR: Pretty normal to see it taking a pause here. Several names were in overbought territory. SSW: the 8, 21-EMA is just below at 1846c/1873c [Thursday, 03-Oct-2024, 11h06]


BHG BHP GROUP | Potentially overbought in the ultra short term - now running into the 200-day SMA (can overshoot) - resistance in the form of the swing highs just above that. Monday, 30-Sept-2024. 14h15


NTC NETCARE | Notable above-average volume on Friday (within an overbought range) - some profit taking? Sunday, 29-Sept-2024


NRP NEPI ROCKCASTLE | Stable upward price trend which appears to be accelerating Sunday, 29-Sept-2024


🔒ETF Alert [Watchlist] | Weekly Chart - 14-RSI showing early signs of a change in momentum from neutral to potentially bullish Sunday, 29-Sept-2024


Lester Davids

Analyst: Unum Capital

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