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 not a lengthy note. I'd merely like to highlight last week's candle structure within a multi-month bear trend. One candle does not signal change however, these may be early signs of relative buying interest. The sector is clearly out of favour for now, but for bargain hunters with a medium to lo

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 Disclosure: All the images below ( excluding the price chart and price action model ) has been generated with an A.I tool, based on the analyst's proprietary data. Analyst's Price Action Model: Analyst's Chart (Source: TradingView): Previous Post (02 April 2026): TFG Bull-Bear Checklist: Early Signs of

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 Disclosure: The image below has been generated with an A.I tool, based on the analyst's proprietary data. Disclosure: The text below has been generated with an A.I tool, based on the analyst's proprietary data. Summary: Gold Miners and Platinum Miners are standout leaders on the board, holding a S

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 Disclosure: This note contains images and text that may have been generated using an A.I tool, based on the analyst's proprietary data. This excludes price chart and price action model. Breadth however, remains fairly healthy. 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 Visualizing Mean Reversion Risk Sectors stretched far to the left are deeply oversold (high probability of violent "snap-back" rallies), while those far to the right are extended and vulnerable to pullbacks. Disclosure: The image below has been generated with an A.I tool, based on the analyst's propri

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 Disclosure: The Image Below Has Been Generated With A.I (Based on Analyst's Proprietary Data) 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 Disclosure: This note contains images and text that may have been generated using an A.I tool, based on the analyst's proprietary data. This excludes price charts and price action model. KEY TAKEAWAY: 🟡 WAIT FOR PULLBACK / 🔴 SHORT ON FAILURE | Standard Bank (above) is attempting to digest a recent

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 Disclosure: The image below has been generated with an A.I tool, based on the analyst's proprietary data. 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 Analysis performed on Friday, 17 April 2026 at 15h10 For our clients trading Harmony Gold: The share is +39% vs our 19 March trigger. Now: Too late to buy, too early to sell. Daily time frame: High Bullish Momentum/Approaching Overbought. Prefer to 'buy on pullbacks'. Peaked at R428 in January. Botto

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 Disclosure: This note contains images and text that may have been generated using an A.I tool, based on the analyst's proprietary data. This excludes price chart and price action model. 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 Disclosure: This note contains images and text that may have been generated using an A.I tool, based on the analyst's proprietary data. This excludes price chart(s) and price action model. . JSE Gold Miners Rotation Graph GOLD FIELDS (GFI) KEY TAKEAWAY: 🟡 WAIT FOR PULLBACK / 🔴 SHORT ON FAILURE | Go

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 Thungela Resources is lower by 29% since the alert: 'Caution New Longs'. See chart below. The chart is going to take time to repair and find a base before the next rebound. The SECOND chart below highlights some key support levels to consider. These levels represent our best-probability view and are sub

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