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$JSESLM - Sanlam: More Upside In Impulse Move

Largo
JSE:SLM   SANLAM LIMITED
The last coverage of Sanlam was on 25.05.2023, link below.

Price held above 5021 which was the stop-loss level and the bulls certainly re-emerged taking price towards 6400.

The rally from 5021 is unfolding as a five wave impulse and is in wave v of (iii) of ((iii)).

Buy the dips is the medium-term strategy as the wave count suggest more upside in store.

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