Actionable Areas: This Bank Is Approaching Oversold / 🔵 Buy on Deeper Pullback / For Short Term Rebound

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 8386c to 8693c range. Should the price action continue to deteriorate, we will adjust in real-time.

FirstRand (FSR)

Lester Davids

Senior Investment Analyst: Unum Capital