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Internal Rotation: Consumer & Retail
Research: October 2026 > https://www.unum.capital/post/roct2026 Prepared for the week commencing Monday 12 October 2026. Shoprite Holdings Limited (SHP) | 32,500 ZAC Entering this week, Shoprite sits firmly in a blue-sky breakout regime after transitioning from low-volatility consolidation near 31,100 ZAC to test fresh all-time highs at 32,649 ZAC heading into the weekend. Friday’s session delivered a tight, resilient candle that closed near session highs at 32,500 ZAC (+4.23

Lester Davids
4 days ago


Internal Rotation: Financials
Research: October 2026 > https://www.unum.capital/post/roct2026 Prepared for the week commencing Monday 12 October 2026. Absa Group Limited (ABG) | 20,918 ZAC Absa enters the new week attempting to stabilize after a highly deceptive technical sequence. Last week was characterized by a sharp bull trap; after staging what appeared to be a promising reclaim of its 8-day EMA mid-week, the stock suffered aggressive distribution, slicing back below both the 8-day and 21-day EMAs i

Lester Davids
4 days ago


Lester's Lens: Weekend Watchlist (PDF Chart Pack)
This chart pack gives readers access to the analyst's perspective, which includes: exposing hidden risks unveiling unseen opportunities unique technical perspectives on selected shares other key data For R260, you'll be able to 'see what I see'. Alternatively, you can access our free/open access research content (October 2026) at the following link > https://www.unum.capital/post/roct2026 Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
4 days ago


Truworths
Research: October 2026 > https://www.unum.capital/post/roct2026 For our clients trading or considering trading TRUWORTHS. Disclosure: The analysis below was compiled using an artificial intelligence tool, based on my own data. As of October 9, 2026 at 16h45, Truworths International Limited (JSE) is trading at 4,506.00, up +2.99% for the session. While the broader primary structure remains trapped in a deep multi-month downtrend, the asset is staging a sharp tactical relief bo

Lester Davids
6 days ago


Brent Crude Oil
Research: October 2026 > https://www.unum.capital/post/roct2026 For our clients trading or considering trading Brent Crude Oil Disclosure: The analysis below was compiled using an artificial intelligence tool, based on my own data. As of October 9, 2026, CFDs on Crude Oil (Brent) / UKOIL is trading at 102.919, down -0.96% for the session. The primary trend remains constructive following the sharp summer expansion, with price currently pausing in a tactical consolidation band

Lester Davids
6 days ago


JSE Share: +6.6% Rebound. Short Term Traders Consider Taking Profits
Research: October 2026 > https://www.unum.capital/post/roct2026 The share traded into the buy range (toward the lower boundary) and has rebound by 6.6%. Short term traders can consider taking profits. Share Name: Anheuser-Busch Inbev. Previous Post (19 August): JSE Share: Approaching Buy Re-Entry Range. Lower Levels Expected Before Tactical Rebound Anheuser Busch-Inbev (ANH) The reward-to-risk profile is constructive but currently requires patience due to localized weakness a

Lester Davids
6 days ago


JSE Top 40 Index
Research: October 2026 > https://www.unum.capital/post/roct2026 For our clients trading JSE Top 40 Index. Disclosure: The analysis below was compiled using an artificial intelligence tool, based on my own data.

Lester Davids
6 days ago


Nasdaq Composite
Research: October 2026 > https://www.unum.capital/post/roct2026 For our clients trading or considering trading Nasdaq Composite. Analysis as of Thursday, 08 October at 20h41 (South African Time). Disclosure: The analysis below was compiled using an artificial intelligence tool, based on my own data. The NASDAQ Composite is exhibiting an aggressive Bull Trap / Liquidity Sweep pattern at historical all-time highs. While the multi-year secular monthly trend remains upward-slopin

Lester Davids
7 days ago


🎥Video Comment: U.S. Dollar / South African Rand
Research: October 2026 > https://www.unum.capital/post/roct2026

Lester Davids
Oct 8


S&P 500 Index
Research: October 2026 > https://www.unum.capital/post/roct2026 For our clients trading the S&P 500 Index. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own data. The S&P 500 is displaying classic Macro Expansion vs. Tactical Exhaustion. While the multi-year secular monthly trend remains intact, the daily chart reveals a double-top stall at 7,850.0 with tactical momentum rolling over sharply. Tactical daily momentum has turne

Lester Davids
Oct 8


🎥Video Comment: Capitec Ltd
Research: October 2026 > https://www.unum.capital/post/roct2026 This video comment considers the next-best probability actionable areas from current levels. 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 next-best probability buy re-entry ran

Lester Davids
Oct 8


Spot Platinum: Forecast + Long/Short Risks
Research: October 2026 > https://www.unum.capital/post/roct2026 Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own data. Best Probability Over 3 Days Price is favored to stage a localized mean-reversion consolidation or shallow relief bounce between 1,640.00 and 1,700.00 as selling pressure pauses to digest the recent flush. With the 1,615.00 intraday low holding on a daily basis, immediate downside follow-through is likely to

Lester Davids
Oct 8


Trading Absa Group
Research: October 2026 > https://www.unum.capital/post/roct2026 The bear flag technical formation has played out. The yellow arrow on the chart reflects the date of the previous note (31 August) with the subsequent move being from ~R231 to yesterday's low of ~R207.44. From current levels, there is potential for the share to test the bottom of the downward sloping channel near R198/200. Should the share reach that level, traders would have to determine whether new institutiona

Lester Davids
Oct 8


JSE Top 40 Index
Research: October 2026 > https://www.unum.capital/post/roct2026 For our clients trading JSE Top 40 Index. Disclosure: The analysis below was compiled using an artificial intelligence tool, based on my own data. TACTICAL CLASSIFICATION: Buy on deeper pullback 🔵 Rationale: The South Africa Top 40 Index (JTOPI) has suffered a sharp capitulation phase, slicing decisively through the critical 100,000 psychological support threshold to trade at 99,394 ZAR. With proprietary tactica

Lester Davids
Oct 8


Trading Notes: Clothing Retailers
Free Research: October 2026 > https://www.unum.capital/post/roct2026 Foschini Group Limited (TFG) | 4,906 ZAC (−2.41%) Price Action & Trend: TFG remains entrenched in a secular bear market (−56.19% 1-year; 200-day SMA at 6,662 ZAC). Today’s candle was a bearish engulfing bar that surrendered yesterday's reclaim, slipping back beneath both the 8-day EMA (4,910 ZAC) and 21-day EMA (5,006 ZAC). Tactical momentum rolled over to 47.27, reflecting persistent institutional overhead

Lester Davids
Oct 8


Trading Notes: Food Retailers
Free Research: October 2026 > https://www.unum.capital/post/roct2026 Shoprite Holdings Limited (SHP) | 31,954 ZAC (+0.41%) Price Action & Trend: SHP continues to operate in a pristine bullish moving average stack (Price > 8D: 31,798 > 21D: 31,618 > 75D: 30,393 > 200D: 28,526 ZAC). Today’s candle was a resilient green tick closing near the session high, demonstrating strong defensive relative strength while the broader market sold off. Tactical momentum sits at a solid 55.11 w

Lester Davids
Oct 7


Chart of the Day
Free Research: October 2026 > https://www.unum.capital/post/roct2026 The slide below is an extract from my chart pack, State of the Chart: October 2026 > https://www.unum.capital/post/sotcoct2026

Lester Davids
Oct 7


Spot Gold
Research: October 2026 > https://www.unum.capital/post/roct2026 Currently, price action for Spot Gold is undergoing a tense consolidation phase near the 4,135.43 mark, with the active daily candle resting directly upon a major multi-month structural support shelf. After suffering an aggressive multi-week markdown, downside momentum is beginning to encounter significant institutional absorption as the market probes the boundaries of the primary 4,100.00 – 4,130.00 demand zone.

Lester Davids
Oct 7


🖥️ Technical Screens: 10 Shares Trading at Discount vs Technical Fair Value (Oversold Opportunity)
Research: October 2026 > https://www.unum.capital/post/roct2026 Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own data. 1. We Buy Cars Holdings Ltd. (WBC) | Current: 2,609 ZAC vs. TFV: 3,701 ZAC (−29.5%) WBC is mired in an acute liquidity liquidation cycle (−53.13% 1-year), hovering marginally above its 52-week low of 2,517 ZAC. Tactical momentum remains compressed at 23.49, with intermediate (9.85) and secular (16.35) moment

Lester Davids
Oct 7


🖥️ Technical Screens: 10 Shares Trading at Premium vs Technical Fair Value (Overbought Risk)
Research: October 2026 > https://www.unum.capital/post/roct2026 Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own data. 1. Montauk Renewables, Inc. (MKR) | Current: 4,829 ZAC vs. TFV: 3,407 ZAC (+41.7%) MKR displays extreme multi-timeframe trend extension after an aggressive parabolic re-rating (+154.16% 6-month performance). With tactical momentum registering an overbought 65.90 alongside high intermediate (77.75) and secula

Lester Davids
Oct 7
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