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  • JSE Top 40 Index: Target Reached at 95,000 & Rejected From Same Level + Next Best Buy Re-Entry

    Research Notes 08 - 12 Sept > https://www.unum.capital/post/r0812sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The chart below highlights our view to clients on 06 July, in which the 95000 level was marked as a target. This level was reached and has since also become a level at which the index was rejected. At current levels, the momentum reflects a slowdown in the medium term upward trend, with the index breaking below it's 8-day EMA as well as it's 21-day EMA. It should also be note that the short term candle structure has deteriorated, with the price trend reflecting this. Where is the next-best support range? Should the ultra short term bearish trend continued, the rising 21-week EMA (green sloping line) is both target and a potential buy re-entry range. Previous Post (06 July): JSE Top 40 Index Overall Bullish Trend:  The short (7-day) and medium-term (14-day) trends are both positive ("Strong" and "Bullish"), indicating consistent upward price momentum. Aggressive Buying Underway:  The current market action is characterized by aggressive buying, suggesting traders are actively participating in the upward trend rather than waiting for dips. Strength Across Timeframes:  Buyers are in control across short, medium, and long-term perspectives, creating a cohesive bullish outlook. Momentum is Key:  The primary strategy shifts from "buy the dip" to joining the existing momentum, as buyers are demonstrating significant control. Manage Risk at Highs:  While the trend is strong, a failure to hold prior session highs remains the key risk, which could trigger a reversal or short-term selling pressure. Monthly Chart Lester Davids Senior Investment Analyst: Unum Capital

  • Barrick's Relative Breakout

    Research Notes 08 - 12 Sept > https://www.unum.capital/post/r0812sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Barrick Gold relative to the Russell 3000 (a broad measure of US Equities) Lester Davids Senior Investment Analyst: Unum Capital

  • Copper Miners ETF Now Running +23%. Here are 2 Stocks Setting Up

    Research Notes 08 - 12 Sept > https://www.unum.capital/post/r0812sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Freeport McMoran (FCX) - Listed on NYSE (Chart as of 10:34am, Thursday 04 Sept) Southern Copper Co. (SCCO) - Listed on NYSE (Chart as of 10:37am, Thursday 04 Sept) Previous Post (28 May): Diversified Exposure To Copper Miners? Consider This ETF Global X Copper Miners (COPX) is the first ETF option for a pure-play copper exposure in the equity space. The fund gets this exposure by tracking a market-cap-weighted index that offers broad equity exposure to the global copper mining industry. Although technically a global fund, it has a strong North American exposure. The fund ranks companies according to their average daily trading volume with respect to its exchange over three months. The highest ranked funds are included in the index. The index is rebalanced semi-annually. Lester Davids Senior Investment Analyst: Unum Capital

  • (Update) Sappi Relative To JSE Top 40 Index: Distance Divergence Precedes Potential Long Term Reversal

    Research Notes 08 - 12 Sept > https://www.unum.capital/post/r0812sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Sappi Relative To JSE Top 40 Index: Extended vs 200-Week SMA + Distance Divergence Previous Post (08 July) Sappi: Current Sees High Bearish Momentum However Early Buy Trigger On Medium & Long Term (Trading) Time Frames. Lower Levels Expects Before Base & Reversal Lester Davids Senior Investment Analyst: Unum Capital

  • Kumba Iron Ore: Here's What I'm Seeing on the Weekly Chart

    Research Notes 08 - 12 Sept > https://www.unum.capital/post/r0812sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Potential for 'failed' topping structure + improving candle structure + attempt to break back above it's 200-day SMA. KIO Weekly KIO Daily Previous Post (28 August): 🎥Watch: Discussing Kumba Iron Ore vs JSE Top 40 Index Lester Davids Senior Investment Analyst: Unum Capital

  • Iron Ore Futures: Trend Change Looming (Price Testing Downward Trend With Improving Candle Structure)

    Research Notes 08 - 12 Sept > https://www.unum.capital/post/r0812sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

  • ☰ Research: 01 - 05 September 2025

    Thank you for your interest in our research. Our aim is to convey insights that help clients: (1) Manage Risks and (2) Uncover Opportunities. Year-to-date we have published over 1000 research notes that helps clients do just that. If you've been a consumer of our research but have not traded via the Unum Capital trading desk, why not consider making us your trading services provider? To open a trading account and/or move from your existing service provider, email   tradingdesk@unum.co.za Free Sanlam Trade Idea Update https://www.unum.capital/post/slmslo Free Trading Anglo American Plc: Running +5% https://www.unum.capital/post/anglrun Free ETF Buy Idea: iShares Global Metals & Mining ETF https://www.unum.capital/post/pickidea Free Uranium Energy Corp: Target Reached at $11.30 (+40% Gain) https://www.unum.capital/post/uecgain Free 🎥 Watch: Discussing DRD Gold https://www.unum.capital/post/drdvide Free 🎥 Watch: Discussing MTN (21-Week EMA Strategy) https://www.unum.capital/post/mtnvide Free AngloGold Ashanti https://www.unum.capital/post/aashanti-1 Free 🎥 Watch: JSE Top 40 Index https://www.unum.capital/post/disfort Free Silver Miners ETF Running +43% https://www.unum.capital/post/silrunn Free iShares Peru ETF: Running +15% https://www.unum.capital/post/perun Premium. For Now, Avoid This Share (Bear Flag) https://www.unum.capital/post/avoidts Featured Post: A Trade You Missed: +50% in 6 Weeks https://www.unum.capital/post/pilbral Free Trading Impala Platinum: Rebounding +11% https://www.unum.capital/post/implatre Free Trading Sibanye Stillwater: Rebounding +16% https://www.unum.capital/post/sswbuyre Featured Post: Brazil / Bovespa / EWZ ETF https://www.unum.capital/post/longbr Featured Post:  Dominant Themes in Global Markets https://www.unum.capital/post/dtheme Featured Post:  Positioned For The Metals Bull Run https://www.unum.capital/post/metbull Free 🎥 Watch: Absa Group (Monthly) https://www.unum.capital/post/abgmv Free 🎥 Watch: JSE Coal vs JSE Top 40 Index https://www.unum.capital/post/coalvid Free 🎥 Watch: iShares Latin America ETF (ILF) https://www.unum.capital/post/ilfetf Free 🎥 Watch: Energy Sector - Are You Positioned? https://www.unum.capital/post/enepos Free Trading Anglo American Plc https://www.unum.capital/post/aglcash Free Trading MTN Group https://www.unum.capital/post/mtncurr Free Trading Sasol https://www.unum.capital/post/solrebo Free Harmony Gold: Zooming Out (Update) https://www.unum.capital/post/zouthar Free ☰ List of Overbought Shares (Monthly Time Frame) https://www.unum.capital/post/9obot Free iShares North American Natural Resources ETF https://www.unum.capital/post/igetf Free Developed Market Small Cap ETF (SCZ) https://www.unum.capital/post/dmsmall Free Market Risk Index (Sentiment): Daily | Weekly | Monthly https://www.unum.capital/post/riskmwda Free JSE Relative Sector Analysis https://www.unum.capital/post/rsecan Free Where is the Money Flowing? https://www.unum.capital/post/mflowin Free Rotations & Key Takeaways https://www.unum.capital/post/roktway Free Ranking The Sectors (Most to Least Preferred) https://www.unum.capital/post/ranktse Free Thematic Sector Breakdown https://www.unum.capital/post/themseb Free 🎥 Watch: 5 Monthly Charts https://www.unum.capital/post/wfivem Premium. U.S. Sectors: Key Takeaways + Momentum + M/Flows https://www.unum.capital/post/usmflow Premium. U.S. Markets: Ranking The Sectors https://www.unum.capital/post/usranse Contributor: Astral Foods https://www.unum.capital/post/astralbank Contributor: BHP Group   https://www.unum.capital/post/bhpgrun Contributor: Gold Fields https://www.unum.capital/post/goldfi Contributor: Richemont https://www.unum.capital/post/rupertrun Contributor: Iris Energy https://www.unum.capital/post/irisrun Archive: Year-To-Date 25 to 29 August https://www.unum.capital/post/r2529august 18 to 22 August https://www.unum.capital/post/r1822august 11 to 15 August https://www.unum.capital/post/r1115august 04 to 08 August https://www.unum.capital/post/r0408august 28 July to 01 August https://www.unum.capital/post/r2801august 21 July to 25 July https://www.unum.capital/post/r2125july 14 July to 18 July https://www.unum.capital/post/r1418july 07 July to 11 July https://www.unum.capital/post/r0711july 30 June to 04 July https://www.unum.capital/post/r3004july 23 June to 27 June https://www.unum.capital/post/r2327june 16 June to 20 June https://www.unum.capital/post/r1620june 09 June to 13 June https://www.unum.capital/post/r0913june 02 June to 06 June https://www.unum.capital/post/r0206june 26 May to 30 May   https://www.unum.capital/post/r2630may 19 May to 23 May https://www.unum.capital/post/r1923may 12 May to 16 May   https://www.unum.capital/post/research-12-16-may-2025 05 May to 09 May   https://www.unum.capital/post/research-05-09-may-2025 28 April to 02 May   https://www.unum.capital/post/research-28-april-02-may-2025 21 April to 25 April   https://www.unum.capital/post/212504 14 April to 18 April   https://www.unum.capital/post/research-14-18-april-2025 07 April to 11 April   https://www.unum.capital/post/research-07-11-april-2025 31 March to 04 April   https://www.unum.capital/post/research-31-march-04-april-2025 24 March to 28 March   https://www.unum.capital/post/research-24-28-march-2025 17 March to 21 March   https://www.unum.capital/post/research-17-21-march-2025 10 March to 14 March   https://www.unum.capital/post/research-10-14-march-2025 02 January to 07 March   https://www.unum.capital/post/latest-research-january-2025 Lester Davids Senior Investment Analyst: Unum Capital * Disclosure:  To compliment our existing research, we have started incorporating automated tools such as Artificial Intelligence (A.I). Here are three ways in which it helps us: (1) SORT  (large data sets); (2) SPEED  (compile info/notes at an even greater speed); (3) SIGHT  (enhance the visual appeal of our charts/data).

  • Sanlam: Good Start (+4.5%) But Retracement Sees Price Nearing Stop-Loss Level

    Research Notes 01 - 05 Sept > https://www.unum.capital/post/r0105sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (15 August) Sanlam: Bull Flag Setup; Re-Emerging Strength Within a Medium Term Consolidation (High Risk Idea) Current/Last: 8832c (buy at current levels or better/lower) Target: 9600c Stop-loss: 8480c Lester Davids Senior Investment Analyst: Unum Capital

  • Trading Anglo American Plc: Running +5%

    Research Notes 01 - 05 Sept > https://www.unum.capital/post/r0105sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (Tuesday 26 August): 🎥Watch: Discussing Anglo American Plc Lester Davids Senior Investment Analyst: Unum Capital

  • ETF Buy Idea: iShares MSCI Global Metals & Mining Producers (Code: PICK)

    Research Notes 01 - 05 Sept > https://www.unum.capital/post/r0105sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Buy between $41.00 and $41.50 Stop-loss: $35.20 Target: $54.00 Previous Post (Premium) Weekly Chart. Time Frame: Medium Term. Let's do a trade. In exchange for the name, we would love to have a few minutes of your time to explain our services. Specifically, if you are: New to financial markets and looking to start your trading journey. An experienced trader, but looking to elevate your trading. Interested in an ACTIVE TRADING approach. Interested in a high quality, award-winning research. Interested in insights that informs and identifies both risks and opportunities. Should you you fit into any of the above categories, we would love a few minutes of your time to be able to further explain why you should consider Unum Capital your trading partner. To access, e-mail your name and contact details to   lester@unum.co.za    To open a trading account, e-mail   lester@unum.co.za    The ETF idea is similar to that of the SPDR Metals & Mining ETF (XME) highlighted at $53.00 in November 2023. The ETF now traded just below $80.00. Lester Davids Senior Investment Analyst: Unum Capital

  • Uranium Energy Corp: Target Reached at $11.30 (+40% Gain)

    Research Notes 01 - 05 Sept > https://www.unum.capital/post/r0105sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (21 July) Last = $8.03 Stop-loss = $6.50 Target = $11.30 Lester Davids Senior Investment Analyst: Unum Capital

  • 🎥Watch: Discussing DRD Gold; Running +52% (Triggered Off Price Action Model Reading) - Reduce Into Strength

    Research Notes 01 - 05 Sept > https://www.unum.capital/post/r0105sept Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za DRD Gold: At the time, out of the 4 gold mining shares, DRD Gold generated a BUY trigger based on the price action model reading. Subsequently, the share rallied by more than 52% to Friday's high of 3507c. The original post is shown further below on this page. Previous Post (Friday 27 June)JSE Gold Miners: Technical Comparison JSE Gold Miners (Equally-Weighted): Lester Davids Senior Investment Analyst: Unum Capital

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