Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Alternatively, take partial profits as it approaches it's $260 & $275 target. Time For Small Caps? Consider The Russell 2000 ETF (IWM); Alternatively The Small Cap Growth ETF Updated Tuesday 12 August (US Trading Session) We are leveraging Artificial Intelligence (A.I) to expand on information and unc

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Previous Post (21 June): Trading BHP Group: Contrarian Opportunity? High Bearish Momentum + Approaching Oversold Lester Davids Senior Investment Analyst: Unum Capital

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights: South African 10-Year Bond Yield (Weekly Chart Time Frame) Mechanical Reversal Confirmed:  The momentum profile is signaling a decisive reversal in yield trends . The Ultra Short Term and Short Term indicators are aggressively pivoting upwards from "Neutral"  and "Weak"  territory, respect

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights Maximum Velocity Climax:  Thungela is currently displaying a massive, unsustainable vertical move. The Ultra Short Term and Short Term momentum indicators are both pinned at or near their maximum reading in the "Extreme Overbought"  tier. This signals a climax buying event that demands an i

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Previous Post (19 November): Bid Corp: Early Buy Trigger (Lower Time Frame); Lower Levels Expected Before Potential Rebound Lester Davids Senior Investment Analyst: Unum Capital

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights: Mechanical Rebound Signal:  The Ultra Short Term (2-Period) momentum indicator has surged into the "Strong"  tier from extreme lows. This sharp, high reading (often seen as an oversold reaction in a strong downtrend) signals that the recent selling pressure is exhausted, and an imminent me

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Previous Post (Monday, 08 December) Absa Group: Long Term Target of R220 Exceeded In our previous note (see below), we re-iterated our long term target of R220. This level has been exceeded, with a high R225 today. Previous Post (23 January): How To Trade Absa Group (ABG): Key Takeaways : 1. Fundament

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights: JSE Top 40 Index Daily Short-Term Weakness:  The JSE Top 40 Index is displaying significant short-term selling pressure. The Ultra Short Term and Short Term momentum indicators are trading deep in the "Weak"  tier, confirming that the recent move lower has momentum behind it. Structural De

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights: The Perfect Reset:  Northam Platinum has successfully cleared all short-term momentum "froth." The Ultra Short Term and Short Term indicators have fully normalized from their previous overbought extremes and are now resting in the "Weak"  to "Neutral"  tiers. This indicates the market has

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights: Gold Fields Limited Perfect Equilibrium:  Gold Fields is exhibiting a classic "Coiled Spring"  technical signature. All four proprietary trend indicators—Ultra Short, Short, Mid, and Base Term—are clustered tightly around the 50 centerline  in the "Neutral"  zone. This indicates a rare sta

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Related Notes: https://www.unum.capital/post/har0412 Highlights Perfect Equilibrium:  Harmony Gold is currently displaying a rare technical signature: all four  momentum indicators (Ultra Short, Short, Mid, and Base Term) are perfectly synchronized within the "Neutral"  zone. This indicates a state of

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za In our previous note (see below), we re-iterated our long term target of R220. This level has been exceeded, with a high R225 today. Previous Post (23 January): How To Trade Absa Group (ABG): Key Takeaways : 1. Fundamentals Remain Appealing 2. Currently Unwinding From An Overbought Range 3. The next-b

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Previous Post (Monday, 01 December): Running 22%: Take Profits on Silver (Short Term Traders) The graphic below was included in our previous note where Silver traded into oversold territory. Previous Post (27 October): Spot Silver (XAG/USD) Trades Into Short Term Oversold Territory Lester Davids Senio