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Trading Exxaro Resources: 50-Day EMA

Writer's picture: Lester DavidsLester Davids

Trade Exxaro Resources with Unum Capital.

To get started, email lester@unum.co.za


As per last night's model reading the share is rebounding off the 50-day EMA.




This note highlights the benefit of the price action model.

As proof, the readings are time-stamped.

Following the reading, traders had 4 days (before the bullish reversal) to build a position.



The most recent published buy/long idea for EXX was 03 September, with additional short term commentary in between (scroll down to view)


 

Previous Post: Trade Alert (Buy/Long) Tuesday 03 September 2024

Real-Time: 11h21

Ticker: EXX


 

ABOUT THE TACTICAL TRADING GUIDE:


Lester Davids

Analyst: Unum Capital



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