Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@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 February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (13 November): Take Partial Profits on Nedbank: Running +21% (Short Term Traders) If you are a LONG TERM TRADER who can stomach a pullback, then further upside may be at hand. Either take partial profits, or implement a trailing stop-loss. Previous Post (05 September): Trading Nedbank: B

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (01 October 2025) Buy Idea: iShares U.S. Infrastructure ETF ETF Code: IFRA Buy: $52.72 (or better/lower) Stop-loss: $46.80 Target: $65.00 Lester Davids Senior Investment Analyst: Unum Capital

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The stop-loss has been breached for this idea has been tested. Exit. Previous Post (03 February): Buy PRX into the buy re-entry range (87616c - 90584c) Target: 97000c Stop-loss: 83000c Lower levels expected before short term rebound. High Risk Idea therefore smaller than average position are applicabl

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (18 January): Take Profit on MTN Group (M/T Traders); Running +19.8% vs Buy Re-Entry Range + Updated Weekly Momentum Analysis Medium Term Regime: High Bullish Momentum Biggest Technical Risk: A false breakout, a slowdown in upward momentum and a bearish reversal. The share is due a pullba

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Premium Content Sector under pressure for several years... In SA, it has lagged in the bull run... Negative news largely priced in... Improving price action... Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Technology (NPN, PRX) The Technology sector remains trapped in a persistent downtrend, characterized by lower highs and lower lows that have dragged the index down to the 87,297 level. The sector is clearly acting as a source of funds for other rotating trades, with sellers dominating every attempted r

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Coal Mining (EXX, TGA) Coal miners have executed a decisive bullish breakout, clearing previous key resistance zones to trade comfortably higher. The trend is characterized by a series of higher highs and higher lows, confirming a robust demand for energy assets. The momentum profile is strong and elev

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Banks (FSR, ABG, NED, SBK, CPI) The Banking sector is currently the undisputed momentum engine of the JSE, displaying a parabolic advance that has pushed the index to fresh highs. The price action is vertical, indicating aggressive institutional accumulation and a "fear of missing out" (FOMO) mentality

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Deeply Oversold...Naspers Ltd (NPN) 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  horiz

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Chart Context Ticker:  CPI (Capitec Bank) Timeframe:  Daily (1D) Current Price:  R4,562 Trend:  Strong long-term uptrend (Bullish) Channel Analysis (The "Channel Check") We have identified two distinct channel structures here, which tells a story of accelerating momentum followed by a critical test of

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Price Action Model Sees Buy Trigger Follow-Through from ~R190 to R242 + Later reacceleration The weekly line chart provides a clearer view of the reacceleration out of a multi-year consolidation. Previous Post (29 September 2025): Actionable Areas: Discovery Holdings Lester Davids Senior Investment Ana

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 Note: The share has rebounded in line with the price action model which, on the long term (5 to 8 week time frame), highlighted the probability of a small rebound (see price action model in the original note further below). Previous Post (02 December): Investec Ltd: Early Buy Re-Entry Trigger + Probabi

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (05 February): 🎥Video: Trading AngloGold Ashanti Previous Post (Monday 02 February): Take Profit: +10% Rebound From Buy Re-Entry Range (Ultra Short Term Traders) Previous Post (Sunday, 01 February 2026) Actionable Trading Levels: AngloGold Ashanti Trading Notes/Resources (Where Applicabl

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za For our clients trading Harmony Gold in New York. Published: 10 February 2026 Time: 18h09 Regime:  Bullish Consolidation / Rangebound Primary Outlook:  Buy on pullback Executive Summary Harmony Gold is currently pausing within a broader upward trend. The stock is characterized by a "Neutral" and "Range

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@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 February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Closing Price:  $5,053 1D Change:  -0.05% (Consolidation / Doji) Multi-Frame Action:  🟢 Bullish (D)  🟢 Blue Sky (W)  🟢 Vertical (M) Technical Upside:  Trend Continuation. The price has successfully reclaimed the $5,000 psychological level after a sharp correction. Target:  5,150 – 5,200. Trend Exte

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 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 February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Premium Content. Master Tactical Action Plan Buy 🔒, 🔒, or 🔒 on a pullback; they show strong R:R potential in the Weakening quadrant. Buy 🔒 or 🔒 on a pullback to capture continuation in high-velocity technology leaders. Buy 🔒 or 🔒 on a pullback; sellers appear exhausted in the Lagging/Weakening p

Research Notes February 2026 > https://www.unum.capital/post/rfeb2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za EOD as of end of day Monday, 09 February 2026. Published: Tuesday, 10 February 2026 (Pre-Market) The data is based on the weekly time frame and is subject to change based on the subsequent news flow and price action. Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For acti