My goal has always been to provide you will high quality information that helps you prepare for best probability trading opportunities. At the start of this week, clients of Unum Capital were prepared for various opportunities, on both the long and short side. In some cases, the same share provided you with an opportunities to participate as the price advanced and declined. And, in some cases, these opportunities were on offer in the first two days of the week!
Impala Platinum is great example.
1. BUY/LONG: On Monday, a slide was dedicated to the share, highlighting the price action reading via the Tactical Trading Guide. By Monday afternoon, the share had rallied by as much as 8.5%.
2. SHORT/SELL: Via the strategy screen (via the Active Trading Plan Monday 02 September), a rally back into the declining 8-day EMA offered an opportunity to re-enter a short/sell on an intraday basis. By Tuesday's close, the share was lower by as much as 5.96%.
To get started, contact the Unum Capital Trading Desk today.
Lester Davids
Analyst: Unum Capital
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