💡Trading Setups: Analyst Notes

Research Notes January 2026 > https://www.unum.capital/post/rjan2026

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za

Date: Sunday, 25 January 2026

The data is based on the WEEKLY time frame and is subject to change based on the subsequent news flow and price action.

1. If 'NED', 'MTN', or 'DTC' pulls back; consider buying as they show strong R:R potential in the Weakening quadrant.

2. If 'LSK' or 'WVR' pulls back; consider buying to capture continuation in high-velocity technology leaders.

3. If 'AVI' or 'OMU' pulls back; consider buying as sellers appear exhausted in the Lagging/Weakening phases.

4. If 'BYI' or 'CFR' pulls back; consider buying as they test a statistical floor in the Lagging quadrant.

5. If 'GND' or 'WBO' pulls back; consider buying as their high R:R indicates significant upside from the Industrials sector.

6. If 'GFI' or 'HAR' pulls back; consider buying to ride the gold momentum while maintaining a tight stop.

7. If 'SOL' or 'FBR' pulls back; consider buying as they emerge from the 'Improving' quadrant with fresh momentum.

8. If 'NPN' or 'PRX' pulls back; consider buying as they represent high-conviction reversal plays at a statistical floor.

9. If 'JSE' or 'SBK' pulls back; consider buying to stay aligned with the broader upward macro trend.

10. If 'MNP' or 'FFB' pulls back; consider buying to capitalize on the capitulation bounce in the Financials sector.

11. If 'ABG' or 'FSR' spikes higher from here; consider shorting as they enter a confirmed sell range due to exhaustion.

12. If 'AGL' or 'BHG' trades higher; consider shorting as they hit a 'NO' buy zone.

13. If 'CPI' or 'INL' spikes from current levels; consider shorting as they move deeper into the 'Overextended' zone.

14. If 'TFG' or 'MRP' spikes from here; consider shorting as they hit a 'Sell on Rally' trap.

15. If 'NPH' or 'IMP' trades higher; consider shorting as the vertical thrust enters a 'NO' buy zone.

16. If 'KAP' or 'ITE' trades higher; consider shorting as they hit a 'Momentum Wall'.

17. If 'S32' or 'GLN' spikes higher; consider shorting as they enter an 'Avoid Chasing' zone.

18. If 'SSW' trades higher; consider reducing as it approaches a sell/reduce range where momentum is likely to stall.

19. If 'BID' or 'SHP' spikes higher; consider shorting as it creates a 'Sell on Rally' opportunity near resistance.

20. If 'ADH' or 'ARI' spikes into extreme overextension; consider reducing as they provide a low-risk opportunity.

21. If 'NPN' or 'PRX' dips below support but closes back above within 1–2 sessions; consider buying as it creates a high-conviction Bear Trap opportunity.

22. If 'ABG' or 'CPI' spikes above resistance on low volume but fails to hold; consider shorting as it creates a high-conviction Bull Trap opportunity.

23. If 'MTN' or 'NED' experiences a brief "stop-hunt" below the 200-day moving average that is reclaimed; consider buying as weak hands are flushed out.

24. If 'NPH' makes a vertical move into record territory that fails on the retest; consider shorting as the breakout lacks fuel.

25. If 'BYI' forms a move to new lows with a long lower wick (rejection); consider buying as it confirms a false breakdown.

26. If 'SOL' forms a "Bullish Engulfing" pattern; consider buying as the Improving phase is confirmed.

27. If 'AGL' forms a "Shooting Star" at resistance; consider shorting as it indicates a False Breakout and immediate reversal.

28. If 'ANG' breaks the upper trendline after consolidating; consider buying to enter the Continuation trade.

29. If 'FSR' tests the 9,800 target twice and fails; consider shorting as it confirms institutional selling.

30. If 'CFR' drops 5% on record volume but finishes the day green; consider buying as it signifies Capitulation.

    
    

Lester Davids

Senior Investment Analyst: Unum Capital