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JSE Sectors: Risk Factors & Contrarian Signals
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


JSE Sectors Relative Rotation Graph
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


JSE Sectors: Momentum Shifts
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


JSE Sector Rotation: Key Takeaways
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


British American Tobacco: Momentum Analysis + Key Levels + Actionable Areas
Research Notes 29 Sept - 03 Oct > https://www.unum.capital/post/r2903Oct Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Further update: Previous Post (28 September): British American Tobacco: Failure To Hold Prior Highs + Weekly Momentum Lost + RSI (14-Week) Breaking Down BTI Weekly Chart Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


🎥Watch: Sibanye Stillwater - Actionable Areas For Short Term Traders
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


Dear Clients, Here's How You Can Generate Cash
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Volatility Equals Opportunity. AngloGold Ashanti (ANG) is an example of such. In the video below, we highlighted a buy re-entry and sell re-entry range for short term traders. The share traded into the buy range, became oversold on an ultra short term basis, and rebounded by 12% within 4 sessions. Are

Lester Davids
Nov 5


🎥Watch: Trading AngloGold Ashanti + 12% Rebound; Now Back To Neutral (Short Term Traders)
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Previous Post (22 October): 🎥Watch: AngloGold Ashanti -Actionable Areas (Short Term Traders) Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


Core Thesis: Spot Silver (XAG/USD)
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


Momentum Analysis: FirstRand Ltd
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


Momentum Analysis: Capitec Bank
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


🎥Watch: Market Risk Index - Unwinding + Multi-Month Lows
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


🎥 Watch: Trading Anglo American Plc
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 5


Update: Spot Gold (Post-US Trading Session)
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 4


🎥Watch: JSE Top 40 Index: Short Term Structure Weakens + Breaches 8-Week EMA
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Previous Post: 🎥Watch: JSE Top 40 Index - Short Term Consolidation; Potential Further Corrective Phase Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 4


JSE Top 40 Index: Have You Looked At It From This Angle?
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Retreating from upper boundary of multi-year channel. Previous Post (06 October): JSE Top 40 Index: Running +45% & 4 Charts To Assess The Current Reward-to-Risk (1) The index trades 19% above it's 200-day SMA. Recent peaks occurred between 17% and 19%. (2) The index trades 41% above it's 200-week SM

Lester Davids
Nov 4


Trading Gold Fields: Short Sellers Generating Cash With Price Moving In Line With Price Action Model
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Subsequent to the view on the original note, the share reached the upper boundary of the multi-year channel and has since retraced from a high of R813 to the recent low of R603. Previous Post (Thursday 07 August): Avoid This Share Avoid buying this share at current levels. The reward-to-risk is beco

Lester Davids
Nov 4


Truworths: Lower Levels Expected, But Reward-to-Risk Becoming Attractive For A Buy Long Position
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za We discussed the sector (clothing retailers) in September 2024, highlighting the unappealing buy/long reward-to-risk. Truworths is down From R109 to R50 with real-time readings on the price action model highlighting an appealing buy/long reward-to-risk on all three time frames. We are expecting lower

Lester Davids
Nov 4


US Dollar Index: Above The 100 Index Level + Rebounding In Line With Previous Note
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za US Dollar strength is a possible reason for the current short term commodity market weakness. Also note, the SHORT exposure on the USD has been quite sizeable (short-covering underway?) Previous Post (01 July): US Dollar Index: Extended To The Downside vs 200-Day SMA + Approaching Oversold Monthly & W

Lester Davids
Nov 4


Trading Redefine Properties
Research Notes November 2025 > https://www.unum.capital/post/rnov2025 Trade Local & Global Financial Markets with Unum Capital. To get started, email tr adingdesk@unum.co.za Update: Running +24% + New Highs + Multi-Month Highs In Line With Price Action Model Previous Post (29 June): Trading Redefine Properties Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Nov 4
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