Search this site

Research Notes For 21 to 25 July > https://www.unum.capital/post/r2125july 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 For 21 to 25 July > https://www.unum.capital/post/r2125july Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Current Price = $119.96 Stop-loss = $102.00 Target = $145.00 Lester Davids Senior Investment Analyst: Unum Capital

Research Notes For 21 to 25 July > https://www.unum.capital/post/r2125july Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Global Idea: Iris Energy - High Bullish Momentum; Pending Breakout (Published Saturday 19 July) Iris Energy Limited (NASDAQ: IREN) is a sustainable Bitcoin mining company that owns and operates its own institutional-grade data centers powered by 100% renewable energy. The company's core strategy is to leverage low-cost, surplus renewable energy to be an efficient and environmentally-conscious miner of Bitcoin. Expanding beyond its primary focus, IREN is increasingly utilizing its high-performance computing (HPC) infrastructure to serve the growing market for artificial intelligence (AI) cloud services, thereby diversifying its revenue streams by capitalizing on its existing data center and energy assets. Lester Davids Senior Investment Analyst: Unum Capital

Research Notes For 02 to 06 June > https://www.unum.capital/post/r0206june Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The price action model alerted us to overbought conditions with the short term reading warning traders NOT to chase/chase into the highs. Watch R660 to R675 as a potential short term re-entry range (subject to change as the price action and news flow develops!) Previous Post (Friday 23 May, Close of Trade):Trading Anglo American Platinum: Bullish Reversal For Long Term Traders Current Price Action Model Reading: A.I Interpretation of the above price action model: The 14-day trend is explicitly labeled "Very Bullish," which is a strong indicator of upward momentum. Furthermore, the short-term expectation suggests "Very Strong Move Buyers In Control." While it cautions against chasing the price if it fails to hold the highs, the underlying sentiment points towards continued buying pressure in the near term. Looking at the longer-term perspectives reinforces this bullish inclination. The medium-term outlook describes "Aggressive Buying," and the long-term anticipates a "Strong Attempt At A Bullish Reversal Following A Consolidation Phase." These descriptions suggest that despite potential short-term pullbacks, the broader expectation is for the price to move upwards. In summary, the analysis for Anglo American Platinum presents a predominantly bullish outlook across short, medium, and long-term timeframes, supported by indicators of strong buying interest and expectations of a bullish reversal. Previous Post (16 April) Previous Post (Sunday 12 January): Anglo American Platinum: Technical Improvement + Potential Change of Trend Analyst's Price Action Model Q: What is the current 7-Day Trend for Anglo American Platinum? A:  The 7-Day Trend is Strong. Q: What is the current 14-Day Trend for Anglo American Platinum? A:  The 14-Day Trend is Bullish. Q: What is the short-term price action reading for Anglo American Platinum? A:   It is attempting to advance while in a bullish regime. Use the prior session close or 8-EMA as an accumulation zone. Q: What is the medium-term price action reading for Anglo American Platinum? A:  It is attempting a bullish reversal following a consolidation phase. Q: What is the long-term price action reading for Anglo American Platinum? A:  It is attempting a rebound following a downward trend. It may consolidate further before continuing higher. Overall, the price action model suggests that Anglo American Platinum is currently in a bullish trend with a potential for further upside in the medium and potential for a bullish reversal in the long term. AMS Daily Chart Previous Buy Idea: 10 June at R576 (now R200 higher at R776) Previous Post: Anglo American Platinum: Long Term Charts & New Lows - Wednesday, 11 September 2024 • PRE-MARKET Ticker: AMS I'm old enough to remember when Anglo American Platinum traded above R2100 per share. Yes, there was a time when platinum shares were untouchable and when selling them was a no-no. Fast forward close to 3 years later and no-one wants to touch them again (remember 2015 - that's a story for another day). Here at Unum Capital we produce research that considers multiple time frames, from daily to weekly to monthly. While other consider monthly charts irrelevant, for us it is a valuable tool in assess reward-to-risks, especially from a portfolio perspective. Long-time subscribers of my research may recall Anglo American Platinum trading above R2100 per shares. Some may also recall my view to use the multi-year highs to reduce long term portfolio exposure. The time-stamped chart (Saturday 20 March 2021 for Monday 22 March) is shown below Fast forward 3.5 years later and AMS has gone from R2115 at the time to R570 (it did trade as low as R558 in recent months). After yesterday's market close, Anglo American announced that it would be conducting a bookbuild, offering 13 million AMS shares. This will no doubt put pressure on the already depressed AMS share and is likely to see it trade at fresh multi-year lows. Whilst we don't know what the extent of the selling will be, the R480 to R425 range is the previous swing lows which also coincides with the previous breakout. There will another opportunity to buy, but for now we watch and watch until the dust settles. For now, here's a sneak peek of my zoomed out (flash) view: Lester Davids Analyst: Unum Capital

Well done to clients who took the opportunity to trade. To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Original Idea Lester Davids Analyst: Unum Capital

• PRE-MARKET ABOUT THE TACTICAL TRADING GUIDE: Technology + Proprietary Insights has helped to develop automated tools and strategies that   are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which   is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

• PRE-MARKET Ticker: AMS I'm old enough to remember when Anglo American Platinum traded above R2100 per share. Yes, there was a time when platinum shares were untouchable and when selling them was a no-no. Fast forward close to 3 years later and no-one wants to touch them again (remember 2015 - that's a story for another day). Here at Unum Capital we produce research that considers multiple time frames, from daily to weekly to monthly. While other consider monthly charts irrelevant, for us it is a valuable tool in assess reward-to-risks, especially from a portfolio perspective. Long-time subscribers of my research may recall Anglo American Platinum trading above R2100 per shares. Some may also recall my view to use the multi-year highs to reduce long term portfolio exposure. The time-stamped chart (Saturday 20 March 2021 for Monday 22 March) is shown below Fast forward 3.5 years later and AMS has gone from R2115 at the time to R570 (it did trade as low as R558 in recent months). After yesterday's market close, Anglo American announced that it would be conducting a bookbuild, offering 13 million AMS shares. This will no doubt put pressure on the already depressed AMS share and is likely to see it trade at fresh multi-year lows. Whilst we don't know what the extent of the selling will be, the R480 to R425 range is the previous swing lows which also coincides with the previous breakout. There will another opportunity to buy, but for now we watch and watch until the dust settles. For now, here's a sneak peek of my zoomed out (flash) view: Lester Davids Analyst: Unum Capital

Here's What I'm Seeing On The Monthly Chart Tuesday, 29 October 2024 Time Published: Pre-Market Ticker: AMS The 'Monthly' Chart reflects two developments: (1) An igniting bar, which reflects strong buying activity from month open to month close. The share is however, flat since Q1 which means that while it might be approaching overbought in the short term, there is room for further upside on a high time frame. (2) The MACD technical indicator has developed a bull crossover - it's first since October 2009. Previous Buy Idea: 10 June at R576 (now R200 higher at R776) Previous Post: Anglo American Platinum: Long Term Charts & New Lows - Wednesday, 11 September 2024 • PRE-MARKET Ticker: AMS I'm old enough to remember when Anglo American Platinum traded above R2100 per share. Yes, there was a time when platinum shares were untouchable and when selling them was a no-no. Fast forward close to 3 years later and no-one wants to touch them again (remember 2015 - that's a story for another day). Here at Unum Capital we produce research that considers multiple time frames, from daily to weekly to monthly. While other consider monthly charts irrelevant, for us it is a valuable tool in assess reward-to-risks, especially from a portfolio perspective. Long-time subscribers of my research may recall Anglo American Platinum trading above R2100 per shares. Some may also recall my view to use the multi-year highs to reduce long term portfolio exposure. The time-stamped chart (Saturday 20 March 2021 for Monday 22 March) is shown below Fast forward 3.5 years later and AMS has gone from R2115 at the time to R570 (it did trade as low as R558 in recent months). After yesterday's market close, Anglo American announced that it would be conducting a bookbuild, offering 13 million AMS shares. This will no doubt put pressure on the already depressed AMS share and is likely to see it trade at fresh multi-year lows. Whilst we don't know what the extent of the selling will be, the R480 to R425 range is the previous swing lows which also coincides with the previous breakout. There will another opportunity to buy, but for now we watch and watch until the dust settles. For now, here's a sneak peek of my zoomed out (flash) view: Lester Davids Analyst: Unum Capital

Trade Anglo American Platinum  with Unum Capital. To get started, email lester@unum.co.za Analyst's Price Action Model Q: What is the current 7-Day Trend for Anglo American Platinum? A:  The 7-Day Trend is Strong. Q: What is the current 14-Day Trend for Anglo American Platinum? A:  The 14-Day Trend is Bullish. Q: What is the short-term price action reading for Anglo American Platinum? A:   It is attempting to advance while in a bullish regime. Use the prior session close or 8-EMA as an accumulation zone. Q: What is the medium-term price action reading for Anglo American Platinum? A:  It is attempting a bullish reversal following a consolidation phase. Q: What is the long-term price action reading for Anglo American Platinum? A:  It is attempting a rebound following a downward trend. It may consolidate further before continuing higher. Overall, the price action model suggests that Anglo American Platinum is currently in a bullish trend with a potential for further upside in the medium and potential for a bullish reversal in the long term. AMS Daily Chart Previous Buy Idea: 10 June at R576 (now R200 higher at R776) Previous Post: Anglo American Platinum: Long Term Charts & New Lows - Wednesday, 11 September 2024 • PRE-MARKET Ticker: AMS I'm old enough to remember when Anglo American Platinum traded above R2100 per share. Yes, there was a time when platinum shares were untouchable and when selling them was a no-no. Fast forward close to 3 years later and no-one wants to touch them again (remember 2015 - that's a story for another day). Here at Unum Capital we produce research that considers multiple time frames, from daily to weekly to monthly. While other consider monthly charts irrelevant, for us it is a valuable tool in assess reward-to-risks, especially from a portfolio perspective. Long-time subscribers of my research may recall Anglo American Platinum trading above R2100 per shares. Some may also recall my view to use the multi-year highs to reduce long term portfolio exposure. The time-stamped chart (Saturday 20 March 2021 for Monday 22 March) is shown below Fast forward 3.5 years later and AMS has gone from R2115 at the time to R570 (it did trade as low as R558 in recent months). After yesterday's market close, Anglo American announced that it would be conducting a bookbuild, offering 13 million AMS shares. This will no doubt put pressure on the already depressed AMS share and is likely to see it trade at fresh multi-year lows. Whilst we don't know what the extent of the selling will be, the R480 to R425 range is the previous swing lows which also coincides with the previous breakout. There will another opportunity to buy, but for now we watch and watch until the dust settles. For now, here's a sneak peek of my zoomed out (flash) view: Lester Davids Analyst: Unum Capital

Trade Anglo American Platinum  with Unum Capital. To get started, email lester@unum.co.za Currently re-testing it's 21-day EMA, which has starting to turn higher. Ultra short term distribution as reflected with long upper wicks Continuation buy/long triggered on strong candle structure at/around 62700c (provisional). As of Friday's close, the model reading is as follows: Previous Post : Anglo American Platinum: Technical Improvement + Potential Change of Trend Analyst's Price Action Model Q: What is the current 7-Day Trend for Anglo American Platinum? A:  The 7-Day Trend is Strong. Q: What is the current 14-Day Trend for Anglo American Platinum? A:  The 14-Day Trend is Bullish. Q: What is the short-term price action reading for Anglo American Platinum? A:   It is attempting to advance while in a bullish regime. Use the prior session close or 8-EMA as an accumulation zone. Q: What is the medium-term price action reading for Anglo American Platinum? A:  It is attempting a bullish reversal following a consolidation phase. Q: What is the long-term price action reading for Anglo American Platinum? A:  It is attempting a rebound following a downward trend. It may consolidate further before continuing higher. Overall, the price action model suggests that Anglo American Platinum is currently in a bullish trend with a potential for further upside in the medium and potential for a bullish reversal in the long term. AMS Daily Chart Previous Buy Idea: 10 June at R576 (now R200 higher at R776) Previous Post: Anglo American Platinum: Long Term Charts & New Lows - Wednesday, 11 September 2024 • PRE-MARKET Ticker: AMS I'm old enough to remember when Anglo American Platinum traded above R2100 per share. Yes, there was a time when platinum shares were untouchable and when selling them was a no-no. Fast forward close to 3 years later and no-one wants to touch them again (remember 2015 - that's a story for another day). Here at Unum Capital we produce research that considers multiple time frames, from daily to weekly to monthly. While other consider monthly charts irrelevant, for us it is a valuable tool in assess reward-to-risks, especially from a portfolio perspective. Long-time subscribers of my research may recall Anglo American Platinum trading above R2100 per shares. Some may also recall my view to use the multi-year highs to reduce long term portfolio exposure. The time-stamped chart (Saturday 20 March 2021 for Monday 22 March) is shown below Fast forward 3.5 years later and AMS has gone from R2115 at the time to R570 (it did trade as low as R558 in recent months). After yesterday's market close, Anglo American announced that it would be conducting a bookbuild, offering 13 million AMS shares. This will no doubt put pressure on the already depressed AMS share and is likely to see it trade at fresh multi-year lows. Whilst we don't know what the extent of the selling will be, the R480 to R425 range is the previous swing lows which also coincides with the previous breakout. There will another opportunity to buy, but for now we watch and watch until the dust settles. For now, here's a sneak peek of my zoomed out (flash) view: Lester Davids Analyst: Unum Capital

Trade Anglo American Platinum  with Unum Capital. To get started, email lester@unum.co.za Previous Post (Sunday 12 January): Anglo American Platinum: Technical Improvement + Potential Change of Trend Analyst's Price Action Model Q: What is the current 7-Day Trend for Anglo American Platinum? A:  The 7-Day Trend is Strong. Q: What is the current 14-Day Trend for Anglo American Platinum? A:  The 14-Day Trend is Bullish. Q: What is the short-term price action reading for Anglo American Platinum? A:   It is attempting to advance while in a bullish regime. Use the prior session close or 8-EMA as an accumulation zone. Q: What is the medium-term price action reading for Anglo American Platinum? A:  It is attempting a bullish reversal following a consolidation phase. Q: What is the long-term price action reading for Anglo American Platinum? A:  It is attempting a rebound following a downward trend. It may consolidate further before continuing higher. Overall, the price action model suggests that Anglo American Platinum is currently in a bullish trend with a potential for further upside in the medium and potential for a bullish reversal in the long term. AMS Daily Chart Previous Buy Idea: 10 June at R576 (now R200 higher at R776) Previous Post: Anglo American Platinum: Long Term Charts & New Lows - Wednesday, 11 September 2024 • PRE-MARKET Ticker: AMS I'm old enough to remember when Anglo American Platinum traded above R2100 per share. Yes, there was a time when platinum shares were untouchable and when selling them was a no-no. Fast forward close to 3 years later and no-one wants to touch them again (remember 2015 - that's a story for another day). Here at Unum Capital we produce research that considers multiple time frames, from daily to weekly to monthly. While other consider monthly charts irrelevant, for us it is a valuable tool in assess reward-to-risks, especially from a portfolio perspective. Long-time subscribers of my research may recall Anglo American Platinum trading above R2100 per shares. Some may also recall my view to use the multi-year highs to reduce long term portfolio exposure. The time-stamped chart (Saturday 20 March 2021 for Monday 22 March) is shown below Fast forward 3.5 years later and AMS has gone from R2115 at the time to R570 (it did trade as low as R558 in recent months). After yesterday's market close, Anglo American announced that it would be conducting a bookbuild, offering 13 million AMS shares. This will no doubt put pressure on the already depressed AMS share and is likely to see it trade at fresh multi-year lows. Whilst we don't know what the extent of the selling will be, the R480 to R425 range is the previous swing lows which also coincides with the previous breakout. There will another opportunity to buy, but for now we watch and watch until the dust settles. For now, here's a sneak peek of my zoomed out (flash) view: Lester Davids Analyst: Unum Capital

Research Notes For 21 to 25 July > https://www.unum.capital/post/r2125july Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Valterra Platinum (Formerly known as Anglo Anglo American) has been a share we have continuously discussed on this platform. To simplify, this note is an update on our original idea one year ago (10 June 2024 to be exact). Today the share reached a high of R926 (a multi-month high). Our original suggested entry was R576 (or better). Chart from previous/recent post (24 May) Previous Buy Idea: 10 June at R576 (now R200 higher at R776) Lester Davids Senior Investment Analyst: Unum Capital