Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Date: Wednesday, 28 January 2026 Time: Pre-Market The data is based on the DAILY  time frame and covers shares with a market cap above R5bn. This equates to roughly 116 shares on the JSE. The data is subject to change based on the subsequent news flow and price action. Lester Davids Senior Investment An

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Published: Tuesday, 27 January 2026 Time: 17h04 Jubliee Metals Group. Now higher by 40% from our original alert. Room to advance to AROUND it's 200-week SMA (140c to 150c). Buy on a pullback. Previous Post (21 January 2026): Trading Jubilee Metals Group Currently Running +39% from our note on 11 Augus

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post 21 June 2025: Trading BHP Group: Contrarian Opportunity? High Bearish Momentum + Approaching Oversold Lester Davids Senior Investment Analyst: Unum Capital

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za 🔒Bear Flag: For Now, Avoid This Share Premium Post ...most recently a sell idea for clients into the highs...avoid for now, as a bear flag looks to develop. Lester Davids Senior Investment Analyst: Unum Capital

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Tuesday, 27 January 2026 Time: 11h46 Closing Price:  $112.92 1D Change:  +8.87% Multi-Frame Action:  🟢 Parabolic (D) 🟢 Vertical (W) 🟢 Vertical (M) Technical Upside:  Blue Sky Breakout. Trading in a vacuum with no historical resistance. Target:  $120.00 – $125.00. Psychological Magnet / Momentum Exten

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Reward-to-Risk Profiles Date: Tuesday, 27 January 2026 Time: Pre-Market The data is based on the DAILY  time frame and covers shares with a market cap above R5bn. This equates to roughly 116 shares on the JSE. The data is subject to change based on the subsequent news flow and price action. Momentum Das

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za For our clients trading Harmony Gold (HMY) in New York. Update: Harmony Gold (HMY) has entered the target range of $24.00 to $26.00. Previous Post (18 January 2026): Trading Harmony Gold Closing Price:   $21.80 1W Change:   +5.36% Multi-Frame Action:  🟡 Consolidation (D)  🟢 Bullish (W)  🟢 Blue Sky (M

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Published: Monday, 26 January 2026 Time: 18h30 Closing Price:  36,700c (ZAR) 1D Change:  +5.06% Multi-Frame Action:  🟢 Parabolic (D) 🟢 Breakout (W) 🟢 Vertical (M) Technical Upside:  Blue Sky Breakout. Trading at Multi-Decade / All-Time Highs. Target:  38,000c – 40,000c. Momentum Extension / Psycholog

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Published: Monday, 26 January 2026 Time: 18h24 Closing Price:  8,081c (ZAR) 1D Change:  +3.88% Multi-Frame Action:  🟢 Parabolic (D) 🟢 Breakout (W) 🟢 Vertical (M) Technical Upside:  Major Structural Breakout. Clearing multi-year resistance at 8,000c. Target:  8,500c – 9,000c. Momentum Extension. Momen

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Buy at $48.36 to 49.20 (or lower) Target(s): $65.00 and $73.00 Stop-loss: $42.00 Code: PSCE Lester Davids Senior Investment Analyst: Unum Capital

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Buy at $73.95 or lower Target(s): $115.00 Stop-loss: $58.00 Code: USO Lester Davids Senior Investment Analyst: Unum Capital

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Buy at $30.83 or lower Target(s): $38.00 Stop-loss: $27.30 Code: ENOR Lester Davids Senior Investment Analyst: Unum Capital

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Update: Strong Upside Follow-Through From Bull Flag Formation (from below R450 to above R850). CORE THESIS Gold Fields is a standout "Super-Trend" leader. It offers a "best of both worlds" profile: participating in the general resource rally while providing defensive hedging characteristics. The techni

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Closing Price:  $4,987.55 1D Change:  +1.04% Multi-Frame Action:  🟢 Parabolic (D) 🟢 Breakout (W) 🟢 Vertical (M) Technical Upside:  Blue Sky Breakout. Testing major psychological resistance at $5,000. Target:  $5,000 – $5,250. Momentum Extension / Psychological Magnet. Momentum Signal:  "Lock-Out" Ext

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (23 September 2024) Pre-Market Asian/U.S Trading Session VanEck Junior Gold Miners ETF breaking a 14-year downward trend. Code: GDXJ Time Frame: Medium/Long Term Potential catch-up to the underlying commodity trading at all-time highs. To trade this ETF, you will need an offshore account.

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Date: Sunday, 25 January 2026 Closing Price:  114,357.71 1D Change:  +0.76% Multi-Frame Action:  🟢 Parabolic (D) 🟢 Breakout (W) 🟢 Vertical (M) Technical Upside:  Blue Sky Breakout. No historical resistance overhead. Target:  118,000 – 120,000. Momentum Extension. Momentum Signal:  "Lock-Out" Extreme.

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za We highlighted a BUYING OPPORTUNTY on Global X Silver Miners ETF on 21 May 2025, with the ETF rallying by 168% since then. On 04 June 2025, we highlighted a BUYING OPPORTUNTY in Pan American Silver Corp, with the stock rallying by 148% since then.   Lester Davids Senior Investment Analyst: Unum Capital

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Date: Sunday, 25 January 2026 Just over 16 months ago (18 September 2024), we highlighted the FNB Mid Cap ETF with the thesis outlined. Since then the ETF has returned 38%, trading at multi-year highs with the trend remaining positive over the short and medium term. Below are 3 mid cap charts that stand

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Date: Sunday, 25 January 2026 The data is based on the WEEKLY time frame and covers shares with a market cap above R5bn. This equates to roughly 116 shares on the JSE. If ' NED ', ' MTN ', or ' DTC ' pulls back; consider buying as they show strong R:R potential in the Weakening quadrant. If ' LSK ' or '

Research Notes January 2026 > https://www.unum.capital/post/rjan2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Date: Sunday, 25 January 2026 The data is based on the WEEKLY time frame and is subject to change based on the subsequent news flow and price action. If ' NED ', ' MTN ', or ' DTC ' pulls back; consider buying as they show strong R:R potential in the Weakening quadrant. If ' LSK ' or ' WVR ' pulls back;