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 + Strong Candle Structure Previous Post (Sunday, 08 March): Trading Tiger Brands Published Sunday 08 March for Monday 09 March Previous Post (26 November): Take Profits on Tiger Brands (+25%): Rebounding Off The R288-R295 Buy Re-Entry Range; Printing +R367 Previous Post Tiger Brands: Rebounding Off The R2

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 Published after market close on Tuesday, 24 March for Wednesday, 25 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 Published after market close on Tuesday, 24 March for Wednesday, 25 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 Published after market close on Tuesday, 24 March for Wednesday, 25 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 Published after market close on Tuesday, 24 March for Wednesday, 25 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 Published after market close on Tuesday, 24 March for Wednesday, 25 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 Published after market close on Tuesday, 24 March for Wednesday, 25 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 Published after market close on Tuesday, 24 March for Wednesday, 25 March. Summary: Chemicals is the standout leader on the board, rapidly heating up from a High Bullish Long-Term trend to an Overbought state in both the Medium and Short terms. Meanwhile, Diversified Miners and Coal Miners reached Ov

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