Research: October 2026 > https://www.unum.capital/post/roct2026 Published on Sunday, 18 October for the week commencing Monday 19 October. For our clients trading or holding JSE Banks. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own data. The South African Banking Sector: Multi-Timeframe Technical & Breadth Teardown Aggregate Posture: Buy on pullback 🟢 Momentum Tier: High Bullish Momentum / Approaching Overbought 🟧 Market

Research: October 2026 > https://www.unum.capital/post/roct2026 Published on Sunday, 18 October for the week commencing Monday 19 October. For our clients trading or holding JSE Insurers. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own data. The South African Life & Multi-Line Insurers: Multi-Timeframe Technical & Breadth Teardown Aggregate Posture: Buy on pullback 🟢 Momentum Tier: High Bullish Momentum / Approaching Overb

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 If you are unfamiliar with our research but are interested in trading via Unum Capital (becoming a client), a free copy of this report is available by e-mailing lester@unum.co.za. Alternatively, you can view our free/open access research content (October 2026) at the following l

Research: October 2026 > https://www.unum.capital/post/roct2026 Execute Your Trades Via The Unum Capital Trading Desk: For a decade, more than 98% of my research on this platform has been free, which means that whether you are a client or not, you can access our insights, including our trade ideas. If you have been reading our research but use another trading services provider/broker to execute the trades, why not consider moving you trading account to Unum Capital thereby ro

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Target Reached at R460. Bid Corp. Previous Post: Bid Corp is moving toward our R470 target (now R452) - recently alerted again at R436 (July 2026) and originally in November at ~R400. The previous high are around R485 and, according to the monthly chart, re-testing that level doesn't appear out of reach. Lester Davids Senior Investment Ana

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data. Regime Parameters: Daily momentum reaches Strong (58–72), but both Weekly and Monthly momentum remain pinned in Weak or Neutral (28–48). Structural Signature: A stock trapped in a multi-year secular bear market logs a 2-to-4-day

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data. Regime Parameters: Secular Monthly momentum is in Strong or Approaching Overbought, but Weekly and Daily momentum are deteriorating sequentially into Weak or High Bearish Momentum (breaking down from the inside out). Structural

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data. Regime Parameters: Daily, Weekly, and Monthly momentum are locked synchronously across Weak, High Bearish Momentum / Approaching Oversold, and Oversold (≤42 across all three horizons). Structural Signature: Complete multi-timefr

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data. Regime Parameters: Weekly and Monthly momentum are pinned in Oversold or High Bearish Momentum / Approaching Oversold, but Daily momentum has successfully neutralized out of capitulation and is carving higher lows in Neutral (42

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data. Regime Parameters: Monthly momentum is severely depressed in Oversold or High Bearish Momentum / Approaching Oversold (≤28), Weekly momentum is in Weak distribution, but Daily momentum has spiked sharply into Strong or Approachi

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data. Regime Parameters: Secular Monthly momentum is Strong to Overbought, Weekly momentum has digested into Neutral or Weak (orderly cyclical consolidation), while Daily momentum has printed a fresh Strong or High Bullish Momentum re

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data. Regime Parameters: Daily, Weekly, and Monthly securely anchored across Strong and High Bullish Momentum (58–72 band), avoiding the blow-off volatility of triple-overbought status. Structural Signature: Steady, methodical trend p

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The screen/commentary below was compiled using an artificial intelligence tool, based on my own data. Profile 1: Pristine Secular Bull Runners (Triple-Frame Overbought / High-Bullish Momentum) Regime Parameters: Daily, Weekly, and Monthly all simultaneously residing in High Bullish Momentum / Approaching Overbought or Overbought

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own data. 🟩 🟢 ↗️ Defensive Staples Surge: Food and pharmacy retail absorbed heavy institutional bids across the board. Clicks Group (CLS) (+2.12%), Shoprite (SHP) (+1.50% to 33,454 ZAC), Boxer (BOX) (+1.44% to 8,369 ZAC), and Dis-Chem (DCP) (+

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Thursday 15 October for Friday 16 October. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. 🟦 🔵 ⬆️ SOL Gravity Defiance: Tactical and intermediate momentum for Sasol (SOL) remains firmly pinned in [Extended Overbought 🟥], as aggressive institutional demand (+4.57% open-to-close spread, +8.85% multi-day) drives price

Research: October 2026 > https://www.unum.capital/post/roct2026 Now lower by 13.3% (adjusted for dividends) vs warning on 03 September. See original note below. Previous Post (03 September): South 32 - approaching overbought as well as nearing it's swing highs at 6200c. Short term traders, consider selling/reducing into strength. Lester Davids Senior Investment Analyst: Unum Capital

Research: October 2026 > https://www.unum.capital/post/roct2026 On 24 August, we cautioned traders on entering new buy long positions. The share is down by 13% since then (adjusted for dividends). The call was driven, in large part by the price action model. BHP Group Previous Post (24 August 2026) 🛜🟥Caution On This JSE Mining Share (Medium Term). See Price Action Model BHP Group (BHG) Link to original note > https://www.unum.capital/post/bhg2408 The reward-to-risk profile

Research: October 2026 > https://www.unum.capital/post/roct2026 Disclosure: The analysis below was compiled using an artificial intelligence tool, based on my own data. As of October 14, 2026, the South Africa Top 40 (JTOPI) is trading at 100,698.08c. The asset is in the midst of a sharp tactical and structural correction within an overarching secular bull market, with price action attempting to stage a relief bounce after briefly undercutting the psychological 100,000c thres

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Wednesday 14 October for Thursday 15 October. Disclosure: The screen below was compiled using an artificial intelligence tool, based on my own data. These candles and multi-day formations show sellers failing to drive price lower, marked by lower shadows, volume drying up on down-moves, or positive divergence candles near structural floors. Kumba Iron Ore Limited (KIO) | 22,267 ZAC

Research: October 2026 > https://www.unum.capital/post/roct2026 Published post-market close on Wednesday 14 October for Thursday 15 October. Disclosure: The screen below was compiled using an artificial intelligence tool, based on my own data. These candles and multi-day formations show declining velocity, compressed spreads, or distribution wicks following extended advances, signaling that buyers are losing control. Clicks Group Limited (CLS) | 23,670 ZAC Candle Structure: I