On Monday 19 July, I spoke to the journalist from Barron's in New York who inquired about any SA names which could rebound if and when the (then) civil unrest fades.
I suggested two names.
First was BVT which rallied from R177 to R209.
Second was Standard Bank, which has rallied from R117 to R144. SBK is now at resistance and I think, if you managed to get into the trade, use the highs to trim/banks these gains.
The article should be on their website (sub required).
For more of these ideas and other technical insights, get in touch today.
I suggested two names.
First was BVT which rallied from R177 to R209.
Second was Standard Bank, which has rallied from R117 to R144. SBK is now at resistance and I think, if you managed to get into the trade, use the highs to trim/banks these gains.
The article should be on their website (sub required).
For more of these ideas and other technical insights, get in touch today.