Trading Naspers & Prosus
- Lester Davids
- Mar 27
- 1 min read
Trade Local & Global Markets with Unum Capital.
To get started, email lester@unum.co.za
NASPERS | Following a massive rally, momentum has slowed with the candle structure continuing to reflect medium term distribution. The triple top technical formation is noted, and, while the share continues to hold the rising 21-day EMA, this support level appears to be at risk of being breached (to the downside). Provisional next best actionable area: 75-DAY EMA/21-WEEK EMA [R4247 - R4348].
PROSUS | Provisional next best actionable area: 75-DAY EMA/21-WEEK EMA [R775 - R795]
Lester Davids
Analyst: Unum Capital
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