Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (15 April): S&P 500 Index: Massive +9% Rebound (In Line With Price Action Model) The index rebounded in line with the price action model (1 to 10 day time frame) but out of line with our manual view i.e. it did not get down to the buy re-entry range nor did it find resistance at the sell r

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za KEY TAKEAWAY:  🟢 BUY LONG CANDIDATE  | SAP is making a powerful attempt at a bullish reversal following a period of intense structural selling pressure; while the macro setup has officially triggered a long accumulation signal, active traders should manage entries carefully as the initial thrust has dr

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (30 March): Buy Microsoft Corp Buy at $363.55 or lower Stop-loss: $325.00 Target(s): $415.00 Code: MSFT Lester Davids Senior Investment Analyst: Unum Capital

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The move is bang in line with the price action model. Previous Post (Monday 30 March): Prosus: Early Buy Trigger; Lower Levels Expected Before Potential Rebound Analyst's Price Action Model Prosus N.V. - Weekly Chart Momentum Profile:  The weekly momentum profile exposes a violent, uniform bearish capi

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Trading 35% below it's 200-week simple moving average relative to the JSE All Share Index. Technically, it's approaching value territory. Previous Post (03 March) Trading Clicks Group: Deeply Oversold (Short Term) + Stalking For A Buy Re-Entry! >>> Most recently the share reached the full downside targ

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 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 April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za "The index has effectively spent the last 5 trading sessions consolidating at the it's short term highs, digesting a 15,000 point gain off the recent lows. Where to from here? Traders could consider either buying on a pullback or initiating a cheeky short/sell should the price become extended to the ups

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The index rebounded in line with the price action model (1 to 10 day time frame) but out of line with our manual view i.e. it did not get down to the buy re-entry range nor did it find resistance at the sell re-entry range. Previous Post (Sunday, 28 March): S&P 500 Index: Waterfall Breakdown + Next Bes

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 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 April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za 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, specifically by helping to determine the best potential times and levels to commit capital. The blue  and re

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za 💡 Price Action Model: This note at the following link is an example of how we use it find uncover opportunities & manage risk: https://www.unum.capital/post/har0604 AVI Ltd Via Price Action Model - see 5 to 8 week time frame. READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cas

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za 💡 Price Action Model: This note at the following link is an example of how we use it find uncover opportunities & manage risk:   https://www.unum.capital/post/har0604 Old Mutual Ltd Via Price Action Model - see 5 to 8 week time frame. One of the risk is that the share might not get to our desired buy r

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Bull Phase But Approaching Overbought In The Short & Medium Term On 21 September at ~R30, we highlighted South 32 as a mean reversion BUY opportunity. Now trading near R55, the share appears overextended to the upside with mean reversion risk starting to creep in. Below is the reading from the Price Act

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Currently, the system detects 5/10 Euphoria signals and 1/10 Capitulation signals. The tape is tilting heavily toward overbought conditions. Risk management should be prioritized as multiple structural metrics indicate crowding, making the index vulnerable to sudden liquidity vacuums and mean-reversio

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za This is a mean-reversion watchlist derived from the extreme momentum and exhaustion thresholds present in the sector matrix. The list is split between sectors stretched to the downside (bullish mean-reversion) and those stretched to the upside (bearish mean-reversion). Bullish Mean-Reversion Candidates

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Summary:   Diversified Miners remain a standout leader on the board, pushing from a Strong Long-Term trend into an Overbought state in the Medium Term before maintaining a sustainable, Strong Short-Term regime. On the turnaround front, both Hospitals and Luxury Goods show explosive short-term momentu

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za On 12 December our note (via a video comment) alerted you to the R259 - R263 as a buy re-entry range. The share tested this level on several occasions, offering multiple opportunities to accumulate. If you are a short term trader, consider taking (partial) profits or raise your stop-loss to protect capi

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (30 March): Buy Microsoft Corp Buy at $363.55 or lower Stop-loss: $325.00 Target(s): $415.00 Code: MSFT Lester Davids Senior Investment Analyst: Unum Capital

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za KEY TAKEAWAY:  🟡 WAIT FOR TRIGGER   Sasol is currently digesting a very bullish macro move; while the underlying structural regime remains bullish, the near-term action lacks directional bias and requires a confirmed break of the current range to trigger a new trend, all while long-term probabilities w

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za KEY TAKEAWAY:  🟡 WAIT FOR PULLBACK / 🔴 SHORT ON FAILURE   Anglo American is attempting to push higher with extreme near-term momentum, but it is running directly into macro resistance; active traders should avoid chasing the advance, instead using a pullback to the 8-EMA as an accumulation zone, or wa