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.
![](https://static.wixstatic.com/media/63fd96_dba1bc8d1bfd4b6bb1f5237f126dfa0a~mv2.png/v1/fill/w_980,h_270,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/63fd96_dba1bc8d1bfd4b6bb1f5237f126dfa0a~mv2.png)
![](https://static.wixstatic.com/media/63fd96_8290e7732cfd48a580858aac9110cd52~mv2.png/v1/fill/w_980,h_514,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/63fd96_8290e7732cfd48a580858aac9110cd52~mv2.png)
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.
![](https://static.wixstatic.com/media/63fd96_106cf60f9bd246828819eb86d17f8e55~mv2.png/v1/fill/w_980,h_806,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/63fd96_106cf60f9bd246828819eb86d17f8e55~mv2.png)
The most recent published buy/long idea for EXX was 03 September, with additional short term commentary in between (scroll down to view)
![](https://static.wixstatic.com/media/63fd96_3e69d3ad4e3b4e9987f4e37af5ee745b~mv2.png/v1/fill/w_980,h_544,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/63fd96_3e69d3ad4e3b4e9987f4e37af5ee745b~mv2.png)
Previous Post: Trade Alert (Buy/Long) Tuesday 03 September 2024
Real-Time: 11h21
Ticker: EXX
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Lester Davids
Analyst: Unum Capital
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