Model Reading Worth Noting
Short Term: High Bearish Momentum / Approaching Oversold however, traders should wat for the price to stabilize on 1H, 4H to avoid catching a falling knife.
Notes on slide
Friday 06 December 2024 (Time: 14h13)
Previous Post (04 September)
Real-Time: 14h56
Ticker: NPH
Comment: Watch the 5, 15 and 30-min charts for evidence of buying interest.
Previous Post
Now trading R120 (from R138/140)
Previous Post (25 July)
Trim into strength
Well done to clients who took the opportunity to trade.
To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za | Call: 011 384 2923
NORTHAM PLATINUM (NPH): STRONG UPSIDE REVERSAL FROM R107 TO +R139, SUPPORT BY THE READING FROM THE TACTICAL TRADING GUIDE (3X TIME FRAMES SUPPORTING A BUY IDEA). THE ORIGINAL CHART IS SHOWN, AS WELL AS THE FOLLOW-UP TO WEDNESDAY (SEE INSERT).
Lester Davids
Analyst: Unum Capital
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