Wednesday, 02 October 2024
Time Published: Pre-Market (06h12)
Tickers: NPH, SSW
Unum Capital clients were positioned to profit well before the fundamental news flow emerged which is currently supporting renewed buying.
NORTHAM PLATINUM (SSW): Strong re-emerging price action, with a bullish engulfing candle during yesterday's trading session. A few days ago we saw the share hitting a high of R118.73 which was a significant move from the STRATEGY ALERT at R93.
SIBANYE STILLWATER (SSW): Yesterday we saw the share trade back above R19, having previously rebounded off a multi-year low of R14. Clients were alerted to both the initial downside risk and subsequent opportunity in the slide below, dated Monday, 29 July.
Traders on the Unum Capital Trading Desk have access to proprietary tools which enhance decision making and add value to clients. Impala Platinum is an example of how value is added. Please see the follow link: https://www.unum.capital/post/analysis-from-the-tactical-trading-guide-impala-platinum-as-an-example-friday-13-september-2024
Previous Post: Friday, 13 September 2024
Pre-Market
Ticker: NPH
Update: Strong Rebound Off Multi-Month Support
Signs of strong buying activity in the sector following excessively short term oversold conditions
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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