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 (20 March): 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 a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value,

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 Analysis of Brent Crude Oil Published: Monday, 06 April. The Oil Spike. Link > https://www.unum.capital/post/oil0803 Current Phase: 🟡 High-Level Consolidation Next Best-Probability Phase: 🟡 High-Level Chop / Volatility Digestion Momentum Profile: The multi-timeframe momentum profile reveals a highl

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 premium research note. We believe that actionable, high-quality research is best served alongside seamless trade execution. Therefore, access to our proprietary analysis and dedicated watchlists is an exclusive benefit provided solely to clients who route their trading through our desk. Lester

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 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 capitulation. The Base Term, Mid Term, Short Term, and Ultra

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 was lower by nearly 20% in this morning, unwinding from overbought conditions. This move is in line with the previous analysis (warning on the overbought risk) as well as in line with the price action model at the time. See below: Previous Post (Thursday 26 March):💡Sasol The Leader: The Probabi

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 Should the share trade in the buy re-entry range, it will exhibit the following conditions: - Short term bear complete or completion - Into it's rising 200-day SMA - Oversold (Ultra Short Term) - 18 to 20% off it's year-to-date high - At or around it's previous breakout level. Should the share trade in

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 Woolworth Holdings (WHL): Getting Close To A Buy Setup Should the share trade in the buy re-entry range, it will exhibit the following conditions: - Into a swing low - Possible waterfall flush - Oversold (Medium Term) - Oversold (Medium Term) - 23 to 26% off it's year-to-date high - Extended to the down

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 breakdown analyzes the internal health, participation rates, and structural cross-currents of the dataset to give you the overarching macro verdict. 📊 Macro Categorical Distribution 1. The "Wait and See" Majority: Market breadth is heavily anchored in indecision. With nearly 50% of the dataset fa

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 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 JSE Sector Relative Momentum Summary Diversified Miners are the standout leaders on the board, rapidly accelerating from a Strong Long-Term trend through an Overbought Medium Term to hit High Bullish momentum in the Short Term. Meanwhile, Chemicals and Hospitals have maintained excellent upward pressure

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 1. 🏆 The Overheated Leaders ADvTECH (ADH), Grindrod (GND), and Omnia (OMN) command the top 3 ranks with extreme upside velocity. However, this strength comes with caution: ADH has pushed so deep into Overbought territory across all three timeframes that it has triggered a strict 🔴 Sell on Rally acti

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 Strong upside follow-through, running +30%. ANG reached our buy re-entry range and has rebound +13%. Use the rebound to take profits. We wrote follow up note for HAR and SSW (see website) while NED, AGL, BHG and CLS did not reach our desired buy zones. Previous Post (Sunday 15 March): Let's Trade: 7 Mon

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 premium research note. THE TACTICAL TRADING GUIDE is a proprietary price action model, based on the analyst's understanding of momentum profiles. It helps helps clients UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK and shed light on the some of the following: The CURRENT TECHNICAL POSITION

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 premium research note. If you've been a consumer of our research but have not traded via the Unum Capital trading desk , why not consider making us your trading services provider ? To open a trading account and/or move from your existing service provider , mail tradingdesk@unum.co.za . Alter

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 TACTICAL TRADING GUIDE is a proprietary price action model, based on the analyst's understanding of momentum profiles. It helps helps clients UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY f

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. If you've been a consumer of our research but have not traded via the Unum Capital trading desk, why not consider making us your trading services provider? To open a trading account and/or move from your existing service provider, mail tradingdesk@unum.co.za . Alternatively, Sign Up Here: https://tradedesk.co/tenant/Unum/signup Recently (23 Febru

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 share recently exceeded our 11800c, 13000c and 14000c targets.) The share recently reached medium term overbought and is consolidating at the highs. In the ultra short term, there is no clear directional bias. Buy on a deeper pullback. if it breaks out from current levels, then the share is likely

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 Friday the share reached a high of R250 (just shy of the sell re-entry) before retreating to test a low of R231 by Friday. For now, the buy re-entry range remains unchanged, which is the downside overshoot of the 200-day SMA and the 50-week EMA. Note: this range is subject to change based on the subs