Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The share traded into the buy range, with a strong rebound! Well done to traders who took the opportunity to trade. If you are a medium term trader, we could see the share attempt to continue to recover it's recent losses i.e. hold for further gains, with a trailing stop-loss. Previous Post (19 March): 💡

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Data as of the close of yesterday, Monday, 23 March. Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Down by more than 11% today - in line with Friday's warning which was supported by the price action model. Previous Post (20 March 2026): Thungela Resources: The Model Says: "Caution New Longs!" + New Resistance Range   READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za This morning's the price weakness coincided with a print into the buy re-entry range, offering a trading opportunity. The subsequent rebound is also in line with the Price Action Model. Previous Post (Thursday, 19 March)💡 Harmony Gold: Early Buy Trigger; Lower Levels Expected Before Potential Rebound Ana

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Falling into the buy re-entry range with a sharp rebound. Previous Post (Sunday, 22 March 2026): Momentum Report + Price Action Model: JSE Top 40 Index The index has breached it's 21-week exponential moving average (EMA) and has found support on it's rising 200-day simple moving average, albeit with very

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Exxaro Resources (EXX) - massive run from the trigger around the R170 level to above R223. Previous Post (02 March):Take Profits on Exxaro Resources: Running 25% vs Buy Trigger (Long Term Traders) A very strong rebound from 16470c to 20500c (+25%) over the 3 Months. Also trading in line with the price act

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za From above R275 to below R230. Well done clients who took the opportunity to trade. Previous Post: Published on Sunday 22 February for Monday 23 February. Near Term Spike Into Medium Term Overbought Conditions Could Create Short/Sell Opportunity Analyst's Price Action Model ABG Daily Chart Trading Notes

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Chemicals Sector: Sasol + Omnia + AECI Recognizing developments on the relative/ratio chart can provide immense insight into various opportunities. Over the 1 month since the note was published, the Chemicals sector (SOL + AFE + OMN) has outperformed the JSE Top 40 Index by 47%. This note is example of

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Also Note: If you are a short term trader, lower levels could offer an opportunity to participate in a tactical rebound. See Updated Chart: Previous Post (Wednesday 11 February): Capitec Bank: Approaching Structural Resistance Chart Context Ticker:  CPI (Capitec Bank) Timeframe:  Daily (1D) Current Price:

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za 🔒 See What We See. For non-clients, this proprietary data set can be accessed at a cost of R220. Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The index has breached it's 21-week exponential moving average (EMA) and has found support on it's rising 200-day simple moving average, albeit with very weak/poor candle structure. While this first re-test of the 200-day SMA is likely to encourage medium term buying, the index remains vulnerable to a pot

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za THE POOR CANDLE STRUCTURE LEADS US TO BELIEVE THAT THE 200-WEEK SMA IS UNLIKELY TO HOLD. BUY ON DEEPER PULLBACK TO LOWER BOUNDARY OF GRADUALLY UPWARD SLOPING CHANNEL. Analyst's Price Action Model (Take Note of the Applicable Time Frames As Per The Model) Richemont Weekly Chart READY TO TRADE: ACTIONABL

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 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 March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za BUY ON DEEPER PULLBACK TO CONFLUENCE OF 200-DAY SMA AND THE PREVIOUS BREAKOUT LEVEL Analyst's Price Action Model (Take Note of the Applicable Time Frames As Per The Model) Anheuser-Busch Inbev Daily Chart (15-min Delayed) READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za THE RISING TREND LINE SUPPORT IS IN LINE WITH THE 200-DAY SMA. THAT IS A POTENTIAL BUY RE-ENTR RANGE. Analyst's Price Action Model (Take Note of the Applicable Time Frames As Per The Model) Spot Silver Daily Chart READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a con

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za BUY ON DEEPER PULLBACK TO CONFLUENCE OF 200-WEEK SMA AND THE PREVIOUS BREAKOUT LEVEL | The 200-day SMA has been breached to the downside, however that does not mean that buy/long opportunities are no longer valid. A deeper pullback to the support zone combined with what is likely to be oversold condition

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The graphic below has been generated using Google's Artificial Intelligence Tool, Gemini and is based on the second graphic below. Graphic Below: Analyst's Own Data Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The graphic below has been generated using Google's Artificial Intelligence Tool, Gemini and is based on the second graphic below. Graphic Below: Analyst's Own Data Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The graphic below has been generated using Google's Artificial Intelligence Tool, Gemini and is based on the second graphic below. Graphic Below: Analyst's Own Data Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The graphic below has been generated using Google's Artificial Intelligence Tool, Gemini and is based on the third graphic below. Graphic Below: Analyst's Own Data Lester Davids Senior Investment Analyst: Unum Capital