Actionable Areas: Buy on Deeper Pullback 🔵 / Monitor This Level For Short Term Buy Re-Entry

Research: October 2026 > https://www.unum.capital/post/roct2026

Current Ratings: Sell on rally 🟨 / Buy on deeper pullback 🔵

Key Points: Aggressive selling / high probability of further downside until selling pressure has exhausted. Provisional best probability actionable area is re-accumulation in the R4000 to R4050 range. Should the price action continue to deteriorate, we will adjust in real-time.

Capitec Ltd (CPI)

Lester Davids

Senior Investment Analyst: Unum Capital