Thursday, 26 September 2024
Time Published: Pre-Market
Ticker: SLM
Previous idea was to buy into the rising 21-Week EMA.
Since then, the share has had a strong rally from R75 to R90 at which it became overbought in the short term.
The next long trigger level is 9050c, with a target of 9600c.
As discussed in my report on Monday 29 July (via strategy screen)
Chart as of yesterday's close:
Previous Post: 03 September 2024
Pre-Market
Ticker: SLM
Update: Sharp Bearish Reversal Off Model Trigger.
The rising 21-day EMA is the first next level of interest for ultra short term traders.
Previous Post: Thursday 29 August 2024
Real-Time: 15h45
Ticker: SLM
Update: Now Overbought - See The Tactical Trading Guide (live reading).
Real-Time: 11h47
Sanlam approaching previous swing highs (new buy/long, caution) + has entered an overbought range.
Most Recent Communication was to re-accumulate on a pullback into the rising 21-week EMA at R75. Now trading at R85.
Lester Davids
Analyst: Unum Capital
Comments